Capacity Development for CDM Fourth National Workshop Cairo, 14-15 June 2004

Capacity Development for CDM - National Workshop on PDDCapacity Development for CDM - National Workshop on PDD,, Cairo, 14-15 June 2004 Cairo, 14-15 June 2004Capacity Development for CDM - National Workshop on PDDCapacity Development for CDM - National Workshop on PDD,, Cairo, 14-15 June 2004 Cairo, 14-15 June 2004

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Capacity Development for CDM

Fourth National WorkshopCairo, 14-15 June 2004

PDD Preparation for CDM ProjectsPDD Preparation for CDM Projects

Operationalising CDM ProjectsOperationalising CDM Projects

Samir Amous, APEX, TunisiaSamir Amous, APEX, TunisiaRegional Centre for North Africa and Middle-EastRegional Centre for North Africa and Middle-EastTel : +216 71 848 094 --- Fax : +216 71 843 453Tel : +216 71 848 094 --- Fax : +216 71 843 453

[email protected]


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Rules for projectsto get the CDM Label


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International RulesInternational Rules

Kyoto Protocol entry into force

55 Parties should have ratified

Annex B Parties to KP should represent at least 55% of Annex-I Parties’ GHG emissions


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Criteria for Host CountriesCriteria for Host Countries

KP Ratification

Designation of a National Authority for CDM


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Criteria for CDM ProjectsCriteria for CDM Projects

Projects (PDD) to be APPROVED by the host country

Approved projects to be submitted to the CDM-Executive Board for VALIDATION and REGISTRATION


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Criteria for CDM ProjectsCriteria for CDM Projects

Project Execution to conform to COP and EB Rules (Monitoring, DOE for Verification, Certification of CERs, etc.)


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Status of the Situation


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Kyoto ProtocolKyoto Protocol

122 countries have ratified:34 Annex B Parties to KP44.2% of

Annex I Parties’ emissions5 Annex B Parties to KP have not ratified

yet (55.6% of Annex I Parties’ emissions:

•USA: 36.1%•Russian Federation: 17.4%•Australia: 2.1%•Monaco and Lichtenstein: ~ 0%


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122 countries have ratified, of which:88 Non-Annex I Parties to the UNFCCC;

of which 4 major emitting NA-I Countries:

•China• India•Brazil•Korea


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122 countries have ratified, of which:3 Countries from North-Africa and

Middle-East :

•Jordan•Morocco•Tunisia


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DNA : situationDNA : situation

60 dans established dans in the World; of which, 6 from NA&ME:

Egypt

Jordan

Lebanon

Morocco

Syria

Yemen


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CDM progressCDM progress

13 meetings of the EB

14th Meeting: 12-14 june


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CDM progressCDM progress

51 Baseline methodologies submitted to EB; of which:

11 approved


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Lignes de base MDP: Lignes de base MDP: Méthodologies approuvéesMéthodologies approuvées

11 Approved BL Methodologies:

6 Latin America (4 in Brazil)

4 Asia

1 Africa


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CDM RECAP


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CDM Process in place, with EB operating well

CDM Process implementation in host countries pending KP ratification and DNA establishment

In Principal…CDM is pending the Russian ratification of KP…

HOWEVER….


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CDM Market already in place


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CDM ProgressCDM Progress

A progressing CDM Market :

Resources available:

US$ 600 million150 million tons of CO2


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Major Actors:

The Netherlands: 30%

Prototype Carbon Fund: 22%

Japan: 12%


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Recent initiatives:

Germany, Denmark, Austria, Belgium (21%)


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CDM/JI et Emission Trading: Market CDM/JI et Emission Trading: Market Potential in 15 EU CountriesPotential in 15 EU Countries

Around Around 2.7 Billion2.7 Billion

tCO2etCO2efor the periodfor the period(2008-2012)(2008-2012)

for the 15 EUfor the 15 EU(Low-Growth(Low-Growth

totoMed-GrowthMed-Growth

Scen.)Scen.)

Canada: 688 MtCO2e

Japan: 1,130 MtCO2e

New Zeland: 85 MtCO2e

Around 4.6 billiontCO2e (2008-2012)

920 MtCO2e/yrUS$ 3.7 billion/yr at

US$4/tCO2e


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CDM:EU is taking the Lead


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Council of Ministers and Parliament decisions:

The CDM will take place even without KP entry into force (Mini-KPMini Market)

CERs accepted from 2005


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Council of Ministers and Parliament decisions:

Probably no types of projects excluded (e.g. sinks, big-Hydro, Coal)

Member States free to fix their own limitations, if any, for buying CERs and for sinks projects


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Carbon Market:Perspectives


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Worst PerspectivesWorst Perspectives

Russia will ratify (USA neither)

Market Potential for CDM/JI:

100 MtCO2e/yr

US$ 4/tCO2e

Market Value for CDM/JI: US$ 400 Millions/yr


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Middle PerspectivesMiddle Perspectives

Russia will not ratify (USA neither)Japan, Canada and NZ will not join

the EU Mini-KP InitiativeMarket Potential for CDM/JI:

300 MtCO2e/yrUS$ 6/tCO2e

Market Value for CDM/JI: US$ 1.8 Billion/yr


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Best PerspectivesBest Perspectives

Russia will not ratify (USA neither)Japan, Canada and NZ will join the

EU Mini-KP InitiativeMarket Potential for CDM/JI:

550 MtCO2e/yrUS$ 10/tCO2e

Market Value for CDM/JI: US$ 5.5 Billion/yr


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Documents

Capacity Development for CDM Fourth National Workshop Cairo, 14-15 June 2004