Basics of Carbon Finance. Klaus Oppermann, World Bank Carbon Finance Unit Tenth Annual Financial Agent Workshop Washington DC, June 28, 2006
|
|
- Austen Blankenship
- 5 years ago
- Views:
Transcription
1 Basics of Carbon Finance Klaus Oppermann, World Bank Carbon Finance Unit Tenth Annual Financial Agent Workshop Washington DC, June 28, 2006
2 Overview Kyoto Protocol. Clean Development mechanism CDM. World Bank Carbon Funds. Impact of carbon credits. How to do a CDM project? CDM regulation. CDM methodology for chiller replacement project. CDM requirements for chiller project implementation.
3 Kyoto Protocol In force since February Annex I countries (most important: EU, Japan, Canada, Russia, Ukraine): commitment to reduce GHG emissions in total by 5.2% in in relation to 1990 (USA: out of KP; different individual targets e.g. EU:-8%, Russia: 0%). Compliance Instruments: domestic action, international emissions trading (emission rights: AAUs), project based mechanisms: CDM and JI (emission reduction credits: CERs, ERUs)
4 GHGs covered by the KP Carbon Dioxide CO2: GWP: 1 Methane CH4: GWP: 21 Nitrous Oxide N2O: GWP: 310 Hydroflurocarbons HFCs: GWP: > 10,000 Perfluorocarbons PFCs: GWP: > 10,000 Sulphur hexafluoride SF6: GWP: > 20,000 (GWP: metric tons of CO2e per metric ton of GHG) ODS (CFCs, HCFCs) are not covered by the KP
5 The CDM 860 projects representing > 1billion tco2e emission reductions by 2012 in UNFCCC pipeline Registered Projects: 225 with 445 Mio tco2e by 2012; issued CERs: 10 Mio t CO2e CDM is expected to deliver more than 30% of Annex I compliance gap Price per CER (tco2e) in pipeline: about US$ 6 CDM is transferring about US$ 1billion p.a. in developing countries by 2012 if pipeline is realized
6 CDM: host countries China India Brazil Korea Mexico Others Total 2012 CERs 33% 20% 15% 8% 5% 19% 100% Projects 8% 38% 18% 13% 6% 17% 100%
7 CDM: project types Industrial Gases HFCs, N2O Waste management CH4 Renewable Energy Energy Efficiency Cement Fuel Switch Total 2012 CERs 52% 20% 19% 6% 2% 1% 100% Projects 2% 20% 58% 13% 3% 4% 100%
8 The World Bank Carbon Funds Currently 9 World Bank carbon funds, one (PCF) in maintenance phase. Total capitalization reaches approximately US$ 1.6 billion. 50 projects already under contract: US$ 0.5 billion Blend of public and private capital. Partnership with 13 governments and 56 private sector entities. Partnership with host countries (Host Country Committee). Synergies with World Bank capacity building programs, in particular CF Assist
9 Impact of carbon Payment on delivery: fixed price, fixed quantity, hard currency (USD or EUR); long term contract (ERPA, 10yrs) improves cash flow. Big impact on end-of-pipe projects: HFCs/NO2 destruction, CH4 flaring: CDM only revenue. Renewable power: up to US$ 6/MWh. Energy efficiency: CDM revenues often low compared to savings in energy bill but important role of CDM to overcome barriers: CDM can fund incentive schemes or labeling programs.
10 How to do a CDM project? Check project eligibility and viability: host country has ratified KP, project type is eligible, project generates enough ERs to cover CDM transaction costs (in most cases: > CERs p.a.). Find a buyer for the ERs (if World Bank: PIN). Preparation of CDM documentation (PDD, Monitoring Plan) possibly new CDM methodology. Host country approval; Approval of Annex I Party. Get the Project through the CDM regulatory process. CDM process: 6-12 month, new methodology + 12
11 CDM regulation CDM Executive Board elected by COP/MOP: 10 members, non-professional body, 4-6 meetings per year decides on approval of methodologies and project registration. DOEs: validation of projects, verification of emission reductions. So far 57 approved CDM methodologies (including simplified methodologies for small-scale project activities and methodologies for A/R projects). Development of new methodologies: bottom-up process.
12 CDM methodology for Chiller replacement project 1 Power savings through accelerated replacement of old CFC chillers by more efficient HFC chillers. Baseline power consumption: BAU remaining lifetime of old chillers (manufacturers). Power consumption of old chillers under operational conditions of new chillers (power consumption function for old chillers through measurement procedure). Applies up to capacity of old chillers. Project power consumption: measured (as well as operating conditions: output delivered).
13 CDM methodology for Chiller replacement project 2 Power savings translate in avoided CO2 emissions from power generation: approved combined margin approach (average of grid emission factor and build margin, most recent 20% capacity addition). CO2-equivalent of HFC losses out of new chillers has to be deducted (default values). (Core elements of) old chillers needs to be scrapped in order to avoid leakage. Additionality: project is not least cost option or prevented by barriers.
14 CDM requirements on the project implementation level Chiller owners transfer property rights to ERs to program implementing agent. Chiller owners agree to monitor new chillers (use of data locker systems) and to determine power consumption function for old chillers. Old chillers are scrapped. Chillers owners agree to provide evidence for scrapping (scrapping certificates). Independent third party (DOE) has to verify these requirements before CERs can be issued.
15 Thank you On World Bank Carbon Finance: Official UNFCCC CDM website: Useful overview of CDM pipeline:
CDM: Scope and Opportunities
CDM: Scope and Opportunities Ajay Mathur President Senergy Global Pvt Ltd 9 th Floor, Eros Corporate Tower P: +91-11-4180-5501 Nehru Place F: +91-11-4180-5504 New Delhi 110 019 E: am@senergyglobal.com
More informationConcepts of Clean Development Mechanism. Confederation of Indian Industry
Concepts of Clean Development Mechanism Kyoto Protocol UNFCCC & Kyoto Protocol Kyoto Treaty was drawn up in Kyoto, Japan, on 11 th December, 1997 to implement United Nations Framework Convention for Climate
More informationGia Schneider, Partner, EKO Asset Management. Carbon Sequestration on Farms & Forests Clayton Hall Newark, DE
Carbon Offset Markets Gia Schneider, Partner, EKO Asset Management Carbon Sequestration on Farms & Forests Clayton Hall Newark, DE October 21, 2008 1 Agenda Current Carbon Market Role of Offsets Current
More informationFROM RIO TO BALI. Quo Vadis Climate Policy? CLIMATE POLICY. Brussels, 13 th February European Social Dialogue Committee Extractive Industries
CLIMATE POLICY FROM RIO TO BALI Quo Vadis Climate Policy? Brussels, 13 th February 2008 The Greenhouse effect Historical Background 1988 Intergovernmental Panel on Climate Change 1992 Conference in Rio
More informationKyoto Protocol and Global Carbon Market
Kyoto Protocol and Global Carbon Market Carbon Finance Assist World Bank December 2006 Climate Change The Earth s climate is warming and human activities are primarily responsible Global projections (100
More informationKyoto Protocol and Carbon Market
Kyoto Protocol and Carbon Market Dr. Venkata Ramana Putti Workshop on Opportunities in Carbon Market Ankara, Turkey, June 17, 2009 Climate Change Earth s climate is warming and human activities are primarily
More informationKyoto Protocol and Carbon Market Drivers
Kyoto Protocol and Carbon Market Drivers Dr Venkata R Putti Senior Environmental Specialist Carbon Finance Assist World Bank February 2007 Climate Change The Earth s climate is warming and human activities
More informationExperience of the Clean Development Mechanism as a result based mechanism for methane abatement
Experience of the Clean Development Mechanism as a result based mechanism for methane abatement Methane finance study group meeting Washington, DC December 19, 2012 Today s main focus Clean Development
More informationThe World Bank s Carbon Finance Business Options for Thailand. September 29, 2004
The World Bank s Carbon Finance Business Options for Thailand September 29, 2004 Climate Change and the World Bank The Bank s mission: poverty alleviation, sustainable development The Bank accepts IPCC
More informationGEOTHERMAL CDM POTENTIAL - OLKARIA II EXPANSION CASE. Presentation to UNU-KenGen Geothermal training. Pius Kollikho
GEOTHERMAL CDM POTENTIAL - OLKARIA II EXPANSION CASE Presentation to UNU-KenGen Geothermal training Pius Kollikho 1 Outline Climate Change Important events Potential Impacts of Climate Change United Nations
More informationFROM RIO TO BALI. Background and current state of climate policy. Gitta HULIK. European Social Dialogue Committee Extractive Industries
FROM RIO TO BALI Background and current state of climate policy European Social Dialogue Committee Extractive Industries Gitta HULIK Brussels, 13 th February 2008 The Greenhouse effect Historical Background
More informationCriteria Catalogue: VER+
Criteria Catalogue: VER+ Prepared / changed: IS-CMS-MUC approved: IS-CMS-MUC page 1 of 10 CONTENTS Acronyms...3 Definitions...3 A. CRITERIA CATALOGUE... 4 1. Eligibility Criteria...4 2. Additionality...4
More informationClean Development Mechanism (CDM)
566 S 8QLW Clean Development Mechanism (CDM) 1 st Arab CP Workshop, Amman - Jordan 4-6 / 4 / 2006 www.cp.org.jo The Greenhouse Gases (GHGs) The atmospheric gases responsible for causing global warming
More informationCDM projects development activities in India. Vivek Kumar TERI 26 July 2005
CDM projects development activities in India Vivek Kumar TERI 26 July 2005 What is CDM? One of the three flexibility mechanisms in the Kyoto Protocol to the UNFCCC Purpose Joint Implementation International
More informationCDM/JI Supporting Programmes by Government of Japan
CDM/JI Supporting Programmes by Government of Japan Yasushi Ninomiya Kyoto Mechanisms Specialist Climate Change Policy Division Global Environmental Bureau Ministry of the Environment, Japan 11 September
More informationClean Development Mechanism(CDM) The Basics. Atul Raturi
Clean Development Mechanism(CDM) The Basics Atul Raturi CDM Capacity Building Workshop, Apia, August 2012 Talk Structure Setting the scene CDM The Basics Project Examples The Way Forward The linked image
More informationIntroduction to the Clean Development Mechanism
Introduction to the Clean Development Mechanism A presentation by Shailendra K. Joshi 23 December 2006 Sessions Outline Background of CDM; CDM Process and steps involved; Small Scale/ A&R projects Sectoral
More informationBCPA Program and the World Bank Carbon Finance Unit
BCPA Program and the World Bank Carbon Finance Unit Renewable Energy/Energy Efficiency and the CDM Jakarta. September 14, 2006. Lasse Ringius. World Bank Carbon Finance Unit. 1 Presentation Overview CDM
More informationClean Development Mechanism & Carbon Market
Clean Development Mechanism & Carbon Market Expert Meeting on Trade & Environment Priorities in the Arab Region Cairo, Egypt, 11-13 October 2007 Dr. Sami Kamel, Senior Economist, UNEP RISOE Centre, Denmark
More informationIntroduction to the Project Cycle
Introduction to the Project Cycle Jane Ebinger Senior Energy Specialist Sustainable Development Department The World Bank Outline Introduction to the project cycle Illustrate concepts through the preparation
More informationIntroduction to the Project Cycle
Introduction to the Project Cycle Jane Ebinger Senior Energy Specialist Sustainable Development Department The World Bank February 2007 Outline Introduction to the project cycle Illustrate concepts through
More informationdistrictcooling2016 A Climate Solution CLEAN DEVELOPMENT MECHANISM (CDM) in DISTRICT COOLING Environmental Finance
CLEAN DEVELOPMENT MECHANISM (CDM) in DISTRICT COOLING Environmental Finance districtcooling2016 A Climate Solution AGENDA Dubai Carbon at a Glance Relevance of District Cooling / Recent Developments and
More informationBulgarian JI Guidelines. 2006, September
Bulgarian JI Guidelines 2006, September Table of Contents BULGARIAN JI GUIDELINES... 1 1. International Requirements... 1 2. JI Process in Bulgaria... 3 3. Participants... 4 Step 6: Request for Letter
More informationDeveloping CDM Flaring Reduction Projects The case of Tres Hermanos
Developing CDM Flaring Reduction Projects The case of Tres Hermanos Raul Hurtado 11-12th February 2010 Agenda Introduction to Statoil and our collaboration with PEMEX Definitions: Kyoto Protocol and flexible
More informationCDM/JI an efficient way to reduce our financial exposure to carbon
CDM/JI an efficient way to reduce our financial exposure to carbon Investor and Analyst Conference H1 2007 London, August 09, 2007 Michael Fübi Vice President Climate Protection RWE Power Agenda A General
More informationIntroduction to Climate Change & CDM
African Development Bank African Carbon Support Programme ONEC3 Introduction to Climate Change & CDM AfDB Tunis 21 st September 2011 0 The African Carbon Support Programme ACSP: Two year programme funded
More informationCarbon Finance and the Chemical Industry
Carbon Finance and the Chemical Industry Workshop Exploring Linkages Between Chemicals and Climate Change Agendas Lasse Ringius. Carbon Finance Unit, ENV. World Bank. Washington DC. June 14, 2006 U.N.
More informationClean Development Mechanism(CDM) The Basics. Atul Raturi
Clean Development Mechanism(CDM) The Basics Atul Raturi CDM Capacity Building Workshop, Apia, August 2012 Talk Structure Setting the scene CDM The Basics Project Examples The Way Forward To help protect
More informationClimate policy: a global outlook
Climate policy: a global outlook Title Igor Shishlov Title 2 June 2015, HEC Paris Date JI 1 Russia 03/10/11 I Solid evidence the earth is warming? Source: Pew Research Center, Oct. 2013 Agenda 1. Climate
More informationEuropean Investment Bank (EIB) Guidelines for the Climate Change Technical Assistance Facility (CCTAF) Operations
European Investment Bank (EIB) Guidelines for the Climate Change Technical Assistance Facility (CCTAF) Operations March 2006 CONTENTS CONTENTS...2 INTRODUCTION...3 1 BACKGROUND...4 1.1 The concept of CDM
More informationEPA Efforts to Reduce Emissions of Non-CO2 Gases
EPA Efforts to Reduce Emissions of Non-CO2 Gases Presentation for the UNFCCC Mitigation Workshop on Non-CO2 Gases December 7, 2007 Climate Change Division Overview Importance of the Non-CO2 GHGs US Emissions
More informationMine Methane Carbon Credit Opportunities Fact or Fiction? Presented by : Simon Baillieu
Mine Methane Carbon Credit Opportunities Fact or Fiction? Presented by : Simon Baillieu Simon Baillieu, Richard Hayes, Terry Quilty October 2012 www.eitg.co.nz Introduction ó Global warming: The greenhouse
More informationEMAN- Sustainable Supply Chains Finland The role of risk related to carbon finance in CDM projects
EMAN- Sustainable Supply Chains- 2007 Finland The role of risk related to carbon finance in CDM projects Maija Saijonmaa Pöyry Energy Consulting 25.5.2007 2 1. Pöyry Energy Consulting in brief 2. Global
More informationOpportunities and challenges created for JI and CDM by the EU ETS Directive
Opportunities and challenges created for JI and CDM by the EU ETS Directive 4th ECCP meeting on EU ETS review 15 June 2007 Thomas Bernheim Market-based instruments including EU ETS European Commission
More informationGreenhouse Effect Greenhouse Gases Climate Change Effects of Climate Change Clean Development Mechanism Why does India need CDM What can we Do
Greenhouse Effect Greenhouse Gases Climate Change Effects of Climate Change Clean Development Mechanism Why does India need CDM What can we Do There are six identified gases which are contributing to
More informationThe CDM: current status
The CDM: current status Department of Climate Change, February 9, 29 Axel Michaelowa, Perspectives GmbH michaelowa@perspectives.cc 28 Perspectives GmbH Elements of presentation CDM institutions and rules
More informationResearch study on CDM application in Jordan
University Applied Sciences Research study on CDM application in Jordan René Bäbler (rene.baebler@kaestlibau.ch) Cornelia Wolf (cornelia.wolf@alaxa.com) University Applied Sciences Goal this presentation
More informationClean Development Mechanism
Clean Development Mechanism Srikanth Subbarao Regional CDM Expert for the Pacific Islands (Consultant) Technical Support Facility (TSF) /Carbon Market Initiative Energy, Transport and Water Division Why
More informationREGULATORY AND POLICY ENVIRONMENT
WORLD BANK CARBON FINANCE UNIT CARBON PARTNERSHIP FACILITY 2011 ANNUAL MEETING REGULATORY AND POLICY ENVIRONMENT CARBON PARTNERSHIP FACILITY 1 Regulatory Environment - big picture CDM (and in principle
More informationBecoming Green and Gold: Applying the CDM to Wind Energy
Becoming Green and Gold: Applying the CDM to Wind Energy Introductory document Renewable Energy City Summit 13 14 May 2008 This report is solely for the use of client personnel. No part of it may be circulated,
More informationA CASE STUDY: ASJA S BELO HORIZONTE CDM PROJECT BRAZIL / KYOTO PROTOCOL
Fordham University School of Law February 22nd, 2010 A CASE STUDY: ASJA S BELO HORIZONTE CDM PROJECT BRAZIL / KYOTO PROTOCOL Agostino Re Rebaudengo President arr@asja.biz INDEX KYOTO PROTOCOL AND EMISSION
More informationCarbon Reduction Opportunities in the Energy Sector
Reduction in the Helmut Schreiber Lead Environmental Economist THE WORLD BANK and Infrastructure Unit, Europe and Central Asia Region Outline the Gas the Gas 2 1 Use and Sustainable Development the Gas
More informationIntroduction to carbon credits: What, Why, When, How, Where and Who
Introduction to carbon credits: What, Why, When, How, Where and Who Ann Smith and Stu McKenzie 03-10-2014 Inspiring Action for a Better Environment P O Box 69040 Lincoln 7640 New Zealand Gerald Street
More informationCDM High Level Policy Dialogue
CDM High Level Policy Dialogue May 2012 Office of Market Mechanisms Climate Change Policy Division Ministry of the Environment, Japan (MOEJ) Current status of the CDM - Registration & CER issuance 3,725
More informationThe Austrian JI/CDM Programme
Oliver WALTER Kommunalkredit Public Consulting GmbH The Austrian JI/CDM Programme 14.09.2006 Austrian JI/CDM Programme 1 Programme Management Programme Management Kommunalkredit Public Consulting (KPC):
More informationFuel switch from coal to biomass residues
Fuel switch from coal to biomass residues Fuel switch from coal to biomass residues in boilers for heat generation project The project will install 16 gasification stoves and transform 3 existing coal
More informationThe Kyoto Protocol: Consequences and Opportunities for Transformation Increasing the contribution of the CDM to the post-kyoto era
The Kyoto Protocol: Consequences and Opportunities for Transformation Increasing the contribution of the CDM to the post-kyoto era Conference on Global Warming: Looking Beyond Kyoto Yale Centre for the
More informationHow to develop a Carbon Finance project?
How to develop a Carbon Finance project? Assessment of tool - Is this landfill project feasible? Source: www.unescap.org/esd Minimum Project Requirements 1 2 3 4 5 7 8 9 10 11 12 Type of Project CER Volume
More informationOverview of Oil and Gas Sector Methane Emissions and Potential Projects
Methane to Markets Partnership Overview of Oil and Gas Sector Methane Emissions and Potential Projects Methane to Markets Ministerial Meeting Washington, DC November 15, 2004 Overview Background on World-Wide
More informationCarbon Finance Opportunities for Africa. Maputo, 11 June 2009 Dr Charlotte Streck
Carbon Finance Opportunities for Africa Maputo, 11 June 2009 Dr Charlotte Streck 1 Content Climate change and carbon markets Opportunities for Africa: The Clean Development Mechanism Program of Activities
More informationWorld Bank: Carbon Finance Activities
PPPs in Infrastructure Day 2 Session 10.2 World Bank: Carbon Finance Activities Jari Väyrynen Carbon Finance Unit, The World Bank www.carbonfinance.org Day 2 Risks & Responsibilities Session 10 Alternative
More informationNew financing for energy efficiency in buildings can carbon finance deliver?
New financing for energy efficiency in buildings can carbon finance deliver? Introduction International Workshop Mainstreaming Building Energy Efficiency Codes in Developing Countries Martina Bosi and
More informationLooking Ahead: HCFCs, HFC, CTC and other Chemicals Addressing HCFC, CFC and HFC in a Package: World Bank and GEF Cooperation
Looking Ahead: HCFCs, HFC, CTC and other Chemicals Addressing HCFC, CFC and HFC in a Package: World Bank and GEF Cooperation Steve Gorman Ninth Annual Financial Agents Workshop The World Bank Washington,
More informationThe Austrian JI/CDM Programme
Martin Gauss Kommunalkredit Public Consulting GmbH The Austrian JI/CDM Programme UNFCCC/UNIDO Training of trainers workshop on preparing technology transfer projects for financing 1 October 2008 Austrian
More informationCarbon Finance Training, Uganda, March 27, 2009 PCIA 2009 forum
Carbon Market Overview Carbon Finance Training, Uganda, March 27, 2009 PCIA 2009 forum I. Introduction to carbon market Basis for Carbon Market Climate Change is real and mostly caused by GHG from human
More informationThe World Bank s 10 years of experience in carbon finance:
The World Bank s 10 years of experience in carbon finance: Insights from working with carbon markets for development & global greenhouse gas mitigation [Interim findings] Martina Bosi, Senior Carbon Finance
More informationMobilizing Resources for a Green Energy Matrix
Mobilizing Resources for a Green Energy Matrix Chandra Shekhar Sinha Energy Unit Latin America and the Caribbean Region The World Bank T: +1-202-458-4197 E: csinha@worldbank.org Increasing greenhouse gases
More informationCDM What and How? /
CDM What and How? Chee.Keong.Lai@dnv.com / SEA.Climate.Change@dnv.com http://www.dnv.com/services/certification/climate_change/ Contents 1. Introduction of Det Norske Veritas AS 2. What is CDM? 3. DNV
More informationOverview of JI and the carbon market
Overview of JI and the carbon market Maria Kovalenko Point Carbon Kiev JI Technical Workshop, 8-9 September 2009, Kiev, Ukraine Summary of mid-year review, part I 4.1 Gt CO 2 e traded globally in H1 2009.
More informationAnnex. 78 Annual Report
Annex 78 Annual Report Carbon Finance for Sustainable Development 2009 79 Glossary Assigned Amount Unit (AAU) A Kyoto Protocol unit equal to one metric ton of carbon dioxide equivalent. Each Annex I Party
More informationODS CONVERSION Energy efficiency and standardized baselines. Julie Godin Carbon Finance Unit World Bank
ODS CONVERSION Energy efficiency and standardized baselines Julie Godin Carbon Finance Unit World Bank 1 ODS Phaseout & GHG Mitigation Opportunities GHG Mitigation opportunities Energy efficiency Low GWP
More informationJulie Godin, Carbon Finance Specialist Carbon Finance Unit April, 2009
Overview of the Compliance and Voluntary Carbon Markets Julie Godin, Carbon Finance Specialist Carbon Finance Unit April, 2009 Overview of the Compliance and Voluntary Carbon Markets Global Carbon Market
More informationBelarus. Carbon Finance for New Projects A Primer
Belarus Carbon Finance for New Projects A Primer February 23, 2007 Abbreviations AAU CDCF Assigned amount unit Community Development Carbon Fund CO2 e DFP EBRD EEC EIT ERPA ERU EU ETS EUA GHG GOGC GWP
More informationJapan s National Greenhouse Gas Emissions in Fiscal Year 2012 (Final Figures) <Executive Summary>
Japan s National Greenhouse Gas Emissions in Fiscal Year 2012 (Final Figures) Concerning the estimation of the final figures: final figures means the figures officially submitted to
More informationYes, is attached. Yes, is attached.
CDM: Form for submission of requests for revisions of approved methodologies to the Methodologies Panel (version 01) (To be used by project participants, through the DOE/AE, for requesting revisions of
More informationIndependent Accountants Report
KPMG LLP Suite 2100 1003 Bishop Street Honolulu, HI 96813-6400 Independent Accountants Report The Board of Directors CA Inc.: We have reviewed the accompanying Statement of Greenhouse Gas Emissions for
More informationFinancing Programmes for CDM Projects
Financing Programmes for CDM Projects November 2003 European Commission (Directorate-General for Energy and Transport) Contract no. NNE5/2002/52: OPET CHP/DH Cluster TITLE: Financing Programmes for CDM
More informationClean development mechanism and joint implementation
Clean development mechanism and joint implementation Andrew Howard Climate Change Secretariat www.unfccc.int ahoward@unfccc.int 18-19 June 2008 Montreal, Canada ICAO workshop Aviation and carbon markets
More informationREPORT OF THE THIRTEENTH MEETING OF THE METHODOLOGIES PANEL UNFCCC Headquarters, Bonn, Germany 8-10 November 2004
REPORT OF THE THIRTEENTH MEETING OF THE METHODOLOGIES PANEL UNFCCC Headquarters, Bonn, Germany 8-10 November 2004 I. RECOMMENDATIONS BY THE METHODOLOGIES PANEL TO THE EXECUTIVE BOARD A. Consideration of
More informationClimate Commitments and Conundrums: Introduction to the Kyoto Protocol
Climate Commitments and Conundrums: Introduction to the Kyoto Protocol Prof. Tracy Hester Climate Change Law Fall 2013 Houston, Texas Nov. 4, 2013 Canada pulls out of Kyoto Protocol CBC News Posted: Dec
More informationThe Earth s climate system is warming, and most
Implementation of the Clean Development Mechanism in India Laura Fricke Abstract: This paper examines the implementation of the Clean Development Mechanism (CDM) in India, a developing country that is
More informationCost and duration of planning, approving and executing Clean Development Mechanism (CDM) projects
Cost and duration of planning, approving and executing Clean Development Mechanism (CDM) projects 8 th July, 2013 1 AGENDA Overview of the CDM CDM basic concepts CDM project cycle review Summary 2 Overview
More informationKyoto includes "flexible mechanisms" which allow Annex 1 economies to meet their GHG targets by purchasing GHG emission reductions from elsewhere. The
The Kyoto Protocol and Clean Development Mechanism - Rajesh Sada* Kyoto Protocol Introduction Kyoto Protocol is an agreement on made under the Conference on Climate Change in Kyoto, Japan, in 1997. Kyoto
More informationIndustrial N 2 O Projects Under the CDM:
Industrial N 2 O Projects Under the CDM: Adipic Acid - A Case of Carbon Leakage? Lambert Schneider, Michael Lazarus, Anja Kollmuss October 9, 2010 Stockholm Environment Institute Working Paper Abstract
More informationHow can more oil and gas investments
How can more oil and gas investments benefit from the CDM? Presentation to CCOP and PETRAD Workshop 29 th June 2010, Phuket, Thailand The Climate Convention and the Kyoto Protocol UNFCCC into force in
More informationCarbon Offsets BY: JOE ARCANGELO
Carbon Offsets BY: JOE ARCANGELO What is a Carbon Offset? A carbon offset is a reduction of carbon in the atmosphere (or other greenhouse gases) in an attempt to offset emissions occurring somewhere else.
More informationDeterminants of Clean Development Mechanism Projects
Determinants of Clean Development Mechanism Projects ifo Institute 17. June 2009 International Energy Workshop Venice 1 Motivation 2 CDM Pipeline 3 Method 4 Results 5 Discussion 6 Conclusion Kyoto Mechanisms
More informationAnnouncements. Homework 8 - due today Midterm Paper 2 - due Tuesday, Nov. 20
Tuesday, November 13th. Announcements. Homework 8 - due today Midterm Paper 2 - due Tuesday, Nov. 20 Lecture #19-1 In the news. More fuel to the legal confrontation between states and the federal government
More informationGlobal Warming and CDM Implementation in Thailand
Global Warming and CDM Implementation in Thailand Sirithan Pairoj-Boriboon Executive Director Thailand Greenhouse Gas management Organization (public Organization) Major Greenhouse Gases Water vapor In
More informationEnel in the CDM market. CEPS meeting - Brussels - 2 July 2010
Enel in the CDM market CEPS meeting - Brussels - 2 July 2010 Enel Group Overview Main figures Installed capacity Customers Production Distribution Sales 95.4 GW 61 Million 268 TWh 394 TWh 288 TWh Enel
More informationWADE provides a forum for DE companies and organizations to convene and communicate.
1 About WADE WADE is a non-profit research and advocacy organization that was established in June 2002 to accelerate the worldwide deployment of decentralized energy (DE) systems. WADE is now backed by
More informationCLIMATE CHANGE: CREDIT TRADING
PRB 05-47E CLIMATE CHANGE: CREDIT TRADING AND THE KYOTO PROTOCOL Tim Williams Science and Technology Division 22 December 2005 PARLIAMENTARY INFORMATION AND RESEARCH SERVICE SERVICE D INFORMATION ET DE
More informationSmall-Scale CDM & Bundling: Criteria, Advantages & Status
Small-Scale CDM & Bundling: Criteria, Advantages & Status Need for Small-Scale CDM introduced by CDM EB to encourage the development of smaller CDM projects typically would have been less attractive in
More informationClimate Commitments and Conundrums: Introduction to the UNFCCC And Kyoto Protocol
Climate Commitments and Conundrums: Introduction to the UNFCCC And Kyoto Protocol Prof. Tracy Hester Climate Change Law Spring 2018 UN Framework Convention on Climate Change (UNFCCC) Intergovernmental
More informationAgriculture and the carbon market
Agriculture and the carbon market Carbon Credits for Sustainable Land Use Systems (CaLas) Presented by Patrick Horka, head of PoAs, South Pole Carbon Asset Management Ltd. 15 December, 2012 Contents Basic
More informationClean Development Mechanism (CDM) Registration for the Gianyar Waste Recovery Project
Yayasan Pemilahan Sampah Temesi September 17, 2009 Clean Development Mechanism (CDM) Registration for the Gianyar Waste Recovery Project Content: 1. The Clean Development Mechanisms (CDM) Page 2 1.1 CDM
More informationClimate Financing CDM and NAMA in Rwanda
Climate Financing CDM and NAMA in Rwanda Kigali, 7th October 2014 Faustin MUNYAZIKWIYE Director of Climate Change and International Obligations Dpt / REMA Outlines Introduction to Climate Change Mapping
More informationGreenhouse gases, sectors and source categories under the Kyoto Protocol
Greenhouse gases, sectors and source categories under the Kyoto Protocol AWG KP 5 In-session workshop on means to reach emission reduction targets Katia Simeonova Manager, Reporting and Analysis Programme
More informationClean Development Mechanism(CDM) The Basics
2 nd CDM Capacity Building Workshop in Pacific under the EC ACP MEA Project Clean Development Mechanism(CDM) The Basics Atul Raturi 27-30, June 2011, Suva, Fiji Talk Structure Setting the scene CDM The
More informationTreatment of CDM and JI in the National Accounts and Environmental Accounts
LG/15/21 15 th Meeting of the London Group on Environmental Accounting Wiesbaden, 30 November 4 December 2009 Treatment of CDM and JI in the National Accounts and Environmental Accounts Cor Graveland,
More informationKyoto Protocol CDM & JI Regulations/Project Cycles & DNA Structures
Kyoto Protocol CDM & JI Regulations/Project Cycles & DNA Structures Presentation by Malik Amin Aslam Khan UNDP Consultant - Turkey amin@isb.comsats.net.pk CDM and JI The Kyoto offer Design and evolution
More information(First Earth Summit-1992)
Summits related to Climate Change India launched an international solar alliance of over 120 countries (Completely or partially between tropic of cancer and Capricorn) at the Paris COP21 climate summit.
More informationReview of Carbon Markets
UNECE-FAO Timber Committee Market Discussions Review of Carbon Markets Jukka Tissari Forestry Officer, Trade and Marketing Forest Products Service FAO, Rome 12 Oct. 2010 Geneva Contents 1. COP-15 outcomes
More informationApplying CDM to CBM/CMM Projects
Applying CDM to CBM/CMM Projects Beijing, China, October 2010 Soon Chan Hong, Associate Programme Officer UNFCCC secretariat, SDM Outline of the Presentation o Kyoto Protocol o CDM Project Activity Cycle
More informationClimate Change Issues and Initiatives Matt Kuryla January 8, 2008 HOU03:
Climate Change Issues and Initiatives Matt Kuryla January 8, 2008 HOU03:1141042 Topics of Discussion Climate Basics Cap-and-Trade Mechanics Federal Legislative Status Mechanics of Leading Proposal "America's
More informationMARKET MECHANISMS UNDER THE UNFCCC CDM & JI
MARKET MECHANISMS UNDER THE UNFCCC CDM & JI Perumal Arumugam Pillai Team Lead, Programme officer, RDU unit of SDM, UNFCCC 07 FEB 2018, MONTREAL Part 1 How are the emissions units generated by your programme,
More informationAl-Shaheen CDM Project Experience
١ LESSONS LEARNED FROM AL-SHAHEEN (ALS) OIL FIELD, GAS RECOVERY AND UTILIZATION PROJECT By Adnan Fahad Al-Ramzani Manager, Clean Development Mechanism HSE Regulation & Enforcement Directorate Contents
More informationCO 2 equivalent with Advanced High-Strength Steels
CO 2 equivalent with Advanced High-Strength Steels Dr. Roland Geyer The Donald Bren School of Environmental Science and Management University of California at Santa Barbara Outline Outline Greenhouse Gas
More informationEnergy and Emissions Trading
Energy and Emissions Trading Françoise Labrousse Jones Day Paris London, January 11, 2008 PAI 487396v1 International and European Key Dates 1992: United Nations Framework Convention on Climate Change 1997:
More informationClimate Change and the Carbon Market
Click to edit Master title style Forest Industry: Opportunities and Incentives Climate Change and the Carbon Market Focus on Forest Engineering November 2010 TAPPSA 2010 Conference Durban, South Africa
More information