1 summary national workshop technical workshop on cdm paramaribo, 18 june 2008 adriaan korthuis

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Summary National Workshop

Technical Workshop on CDMParamaribo, 18 June 2008

Adriaan Korthuis

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What is CDM

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The larger framework

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CDM principle

CER

CO2

Non-Annex BCO2

Annex B

Reduce emissions

Sell emission reduction certificates

Use certificates tooffset emissions

Pay certificates

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CDM governance

Conference of Parties to the UNFCCC Meeting of the Parties to the Kyoto Protocol ( COP/MOP)

CDM Executive Board (EB)

Accreditation Panel appraising DOEs (AP)

Methodology Panel (Meth Panel)

Afforestation and Reforestation Working Group (AR WG)

Small scale working group (SSC WG)

CDM Registration and Issuance Team (RIT)

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Project development

PROJECT IDEA CONSTRUCTIONFINANCINGFEASIBILITY STUDY

MAKE PDD

OPERATION

REGISTERVALIDATE ISSUE CERsVERIFY

STAKEHOLDER COMMENTS

TEST ADDITIONALITY

USE OR MAKE METHODOLOGY

NEGOTIATE ERPASELECT BUYERPREPARE TERM SHEET DELIVER CERs

CDM / JI DEVELOPMENT

PHYSICAL PROJECT DEVELOPMENT

COMMERCIAL DEVELOPMENT

STAKEHOLDER COMMENTS

MONITOR

APPROVAL

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Designated National Authorities - DNAs

Roles (1) Evaluation and Approval:

– Adoption of international eligibility criteria (Marrakech Accords)

– Establishment of national criteria• Accomplishment of national and sectoral policies and

legislation• Guarantee national stakeholders participation• Special consideration to stakeholders´ comments• Technical and economical feasibility of the projects• Environmental viability

– Issuance of an approval letter declaring voluntary participation and SD contribution

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Designated National Authorities - DNAs

Roles (2) National CDM Policy and strategy formulation Local capacity development for CDM

public/private project proponents Identification of CDM projects and formulation

of PDDs Baseline methodologies and additionally

criteria Emission reduction calculation Monitoring protocols for project performance

(e.g. SD) Carbon market and bilateral agreements

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Pillars: economic -, social development and a just distribution of wealth

Policy priorities: Guarantee minimal social security Make accessible social securities An equitable distribution of income Public participation Sustainable exploitation production sectors

SD Policy in Suriname

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Ministerie van ATM

Milieu Sektie (DNA)

CDM-office

Klim

aat

Un

it

Beleidsfunctie

Promotie functie

Voorl

ich

tin

g

ATM

Pro

moti

on

offi

ce

NIM

OS

NIM

OS

Exte

rne

desku

nd

ige

n (

NH

, R

GB

, LV

V,

OW

)

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CDM pipeline development - Countries

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Price development: quality determines value

Source: Perspectives GmbH

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CDM Ideas for Suriname

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Conclusion

CDM is an incentive mechanism to support projects that reduce greenhouse gas emissions

It is rooted in an international legal framework: UNFCCC and the Kyoto Protocol

CDM projects are developed in a structured, though perhaps bit complex procedure

The carbon market is increasing fast and it can have significant consequences on company performance

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Contact details

Adriaan Korthuis Phone +31 10 217 5993 E-mail a.korthuis @ climatefocus.com

www.climatefocus.com