1

◈Egypt, Jordan, Morocco:

Real willingness to benefit from the CDM opportunities

Unequal capacities to address CDM issues

Significant capacity development needs

Crucial need for concrete actions Project development

NA & ME Region Characteristics of the countries involved

2

Overall objective of the projectfor the region

Allow the countries to maximize the benefits Allow the countries to maximize the benefits

resulting from the new opportunities offered resulting from the new opportunities offered

by the Clean Development Mechanism to by the Clean Development Mechanism to

implement projects that meet their priority implement projects that meet their priority

development needsdevelopment needs

3

The Regional Dimension

The project allows to benefit from the synergies among the three countries

The Regional Centre will promote the exchange among the three countries

The three countries will also benefit from the synergies with the other 3 regions (9 other countries) involved in the project

4

The Global Dimension of the project

The project allows to benefit from the work (background documents and manuals) to be undertaken by the URC and the Regional Centres:

•Regulatory, Legal issues•Financial and technical issues•Institutional issues (DNA, etc.)•Sustainable Development issues•Baselines

5

Expected results for the three countries

Improved regulatory frameworks to attract CDM Investments

Functioning national CDM entities (Designated National Authorities)

Stakeholder awareness on CDM and capacity to handle project cycle activities

Pipelines of eligible CDM projects

6

Major expected outputs in the region in 2003

Five DRAFT background documents to be ready by end-August 2003

2-4 September 2003 : Regional WS on Regulatory and Legal issues. Also discussion on technical and financial guidelines

September 2003 : National Workshops on Regulatory and Legal issues

DNA establishment

7

Major expected outputs in the region in 2003

2-4 December 2003 : Regional WS on Baseline determination

December 2003-January 2004 : National Workshops on Baseline determination

Preparation of a set of CDM eligible projects