UNFCCC secretariat, SDM

Olof Bystrom, Programme Officer

Module 1.4 JI Project Cycle- Status of Implementation

1st SDM Joint Coordination WorkshopBonn, Germany24 March, 2012

Project Status

  23 March 2012 24 March 2011 PDDs (incl PoA)     Published since Nov 07 320 246 Withdrawn 43 40 Expected ERs (Million tonnes CO2) 498 380      DETERMINATIONS     Published 42 30 Finalized 41 29 VERIFICATIONS     Published 67 35 Finalized 66 33 Verified ERs (Million tonnes CO2) 17 8

TRACK 1 Published Projects 306 253

Highlights 2011

• Fees for track 1

• Review procedures revised to enhance electronic decision options

• Guidance on criteria for baseline setting and monitoring revised to clarify use of CDM methodologies and precedence • Establishment of DFP Forum

• Recommendations to CMP on options for JI post 2012 • Increase in verifications along with Track 1 fee make JI financially viable going forward • 140 million ERUs issued to date – 93 million ERUs in 2011

JISC recommendations to CMP

• Single, unified verification process (single Track)

• Harmonized national procedures for approval of projects • New governing body to oversee the single verification process

• Unified accreditation process to accredit auditors, report to the CMP• A mixture of fees on accreditation, registration and verification

Focus areas in 2012

CMP 7 Decision on JI• Parties are invited to submit their views on the revision of the JI guidelines by 16 April, 2012. Secretariat to summarize in synthesis report

• The JISC is requested to Prepare a draft set of "key attributes and transitional measures" for the future operation of JI for consideration at CMP 8 Revise fee structure to avoid track-switching projects paying double fees

JISC 28 Work Plan• Develop draft revised JI guidelines for CMP 8• Consider draft of revised provisions for charging of fees at JISC 29

FURTHER INFORMATION:

http://ji.unfccc.int/

THANK YOU