Nurturing demand for the CDM and CERs

Transcription

1 Nurturing demand for the CDM and CERs CDM EB 87 Paris, France, 23 to 27 November 2015 UNFCCC Secretariat SDM programme

2 Procedural background The 2015 CDM management plan (MAP) defines Goal 2 as Nurture policies to broaden demand for, and participation in, the CDM At EB81 the Board requested the secretariat to provide regular updates. At EB84 the Board requested the secretariat to continue its efforts while giving special attention to the use of the CDM in the aviation sector and by the Green Climate Fund. At EB84 Board also took note of an information note on the use of the CDM infrastructure in other fields and reiterated the need for outreach and proactive engagement to increase awareness on how the CDM infrastructure can be used in other fields. 2

3 Purpose The purpose of this information note is to update the Board on additional work that has been undertaken in 2015 to nurture demand for the CDM and CERs, and to provide suggestions for how relevant activities may be further strengthened in the 2016 MAP. 3

4 Engagement with other intergovernmental organizations International Civil Aviation Organization CDM and VC Platform relevance to ICAO Market based Measure post-2020, to be adopted in Cooperation with aviation organizations to encourage voluntary pre-2020 action. International Maritime Organization Increasing interest among private sector actors Likely to follow suit with ICAO after COP21? 4

5 Support to United Nations system UN system COP 21 5

6 COP 21 Climate neutrality of COP21 in cooperation with French presidency Invitation to all participants - Climate neutral badges On-site climate neutral desks Presentations at EB side event, C4C Business Forum, UNFCCC-IETA side event etc. Continuous media presence 6

7 Cooperation with international finance institutions Mapping of options Identification of opportunities Development of models Consultations with key actors Demonstration of concepts work in progress 7

8 Cooperation with civil society and business organizations UNFCCC s Climate Neutral Now fully aligned with promotion of the use of CDM/CERs. Initial focus on business and sector associations IATA, UIC, IPC, ACI. Engagement with champion companies, organizations and individuals steady increase in uptake Further emphasis on sports and cultural events and conferences Expanding towards consumers, consumer facing orgs, and social media Linked with Global Compact/C4C 8

9 Online platform for voluntary cancellation of CERs Weeks of operation 7 Number of visitors 17,193 Number of transactions 149 Volume of cancellation 4,170 Average price USD 2.42 Number of projects available 20 (25 offers) Number of CER s available 444,280 9

10 Customers by country United States Germany United Kingdom Switzerland Canada Brazil Hong Kong Spain Sweden Singapore Chile China India Finland Poland Norway Belgium Czech Republic Japan France Denmark Australia Latvia

11 Comparison with other Online offset providers o Online offset providers compared: 10 o Most offset providers offers VCS, CER or domestic offsets, and in some cases own projects. o Only one provider exclusively working with CERs o Quoted prices are much higher (x10-100) than at VC platform o Some providers offers wide range of projects based on technology types and host country o All online providers issue a certificate to confirm sale o All providers use PayPal solution o Larger volumes often not available for online access o Many online providers emphasize local non-climate benefits o Typical number of visits: /month 11

12 Online platform for voluntary cancellation of CERs Challenges Not all CERs in the CDM registry are available Inactive projects Outdated MoC CERs already contracted Problems with payment modes Unwilling to engage in small-scale sale Enabling measures Dedicated follow up with projects Continuous outreach also to supply side Enable bank transfer Add Adaptation Fund filter Allow SOP payment for blocks of CERs 12

13 Online platform for voluntary cancellation of CERs Improved user features Add public history page to list all transactions Improved back-end reporting capability for analytics Numerous small, but essential, performance optimizations Welcome pages in French and Spanish to be expanded Display adapted to only show project types with CERs for sale Further options (2016) Additional payment methods Express options (automatic pick of CERs) Automate VC action in CDM registry Improve project specific information Possibility to purchase CERs from more than one project 13

14 Subsequent work and timelines 1. Continued engagement with ICAO, IMO and the UN system 2. Explore and promote the use of the of the CDM infrastructure in other fields, including within the context of the GCF and green bonds; 3. Continued support for policy related use, including on how the CDM may be integrated in policy development and implementation of INDCs; 4. Enhancing the collaboration with international sector and business associations to encourage use of the VC platform. 5. Developing and implementing a strategy for reaching consumers, directly or via consumerfacing companies and organizations 6. Improvement and operation of the VC platform, including increasing the number of CDM projects and CERs available on the platform, 7. Dedicated outreach and promotion of the CDM and the VC platform, including coordination with cooperative climate action initiatives. 14

15 Recommendations to the Board 1. The Board may wish to take note of the work conducted in 2015, and suggestions and ideas for related work in The Board may wish to consider proposed continued activities in the context of discussions for the 2016 Management Action Plan. 15