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www.perspectives.cc · [email protected] © 2011 Perspectives GmbH
Programme of ActivitiesLessons learnt &
PoAs as a chance for CDM Host Countries
UNFCCC Joint Coordination Workshop
12-13 March 2011, Bonn
Perspectives GmbH, Hamburg
Marc André Marr
www.perspectives.cc · [email protected] 2
PoA specific challenges
Implementation of PoAs
Suitability of CE and interdependencies
DNA related challenges
Very limited or no experience with PoAs
Methodology related challenges
PoA specific requirements and limited suitability (e.g. combination)
Reducing transaction costs?
PoA initially involves higher CDM transaction costs
DOE liability
Result: Contrary to initial idea of the PoA concept “Reduce transaction costs”
Stakeholder interaction and interrelations
www.perspectives.cc · [email protected] 3
PoA idea Two PoAs for newly built mini-
hydro power plants for rural electrification (replacing diesel generation)
PoA Case StudyMini hydro-power Africa
Current status Support for Coordinating Entity Business model finalized Project developers identified PoA Idea Notes finished Incentive scheme developed Terms of references Support in promotion material
www.perspectives.cc · [email protected] 4
Business Model of the PoA
Rural Electrification Agency will be Coordinating Entity
Supports CPA developers Administers the PoA Responsible for monitoring
CPA developers Construct and operate the projects Conduct on-site monitoring (metering)
Financial institutions Providing soft loans
PoA Case StudyMini hydro-power Africa
www.perspectives.cc · [email protected] 5
Key advantages of the PoAs
Enable projects that would otherwise never be realized
No access to finance Insufficient capabilities &
capacities
Support rural electrification in a sustainable way
Lowering the risks for investors and carbon buyers due to established framework
PoA Case StudyMini hydro-power Africa
www.perspectives.cc · [email protected] 6
Main challenges of the PoAs
Institutional framework with interrelations and dependencies
Setting up a business model which enables a high participation and being operable
High level of standardization required
PoA Case StudyMini hydro-power Africa
www.perspectives.cc · [email protected] 7
What PoAs can achieve
PoAs enable project activities that otherwise would not be realized
PoAs can significantly
Reduce transaction costs
Save time from initial idea to CER issuance
Lower the risks for investors and CER buyers
PoAs are able to set the basis for NAMA development
PoAs can be an attractive additional CDM option
www.perspectives.cc · [email protected] 8
What is required for enable a greater use of PoAs?
Increased stakeholder interaction => PoA Working Group
Solution oriented approach
Identify and develop methodological simplifications
Standardization; default factors
Combination of methodologies (pick and choose)
PoA specific methodologies
Clear guidance on Liability (currently playground for DOEs)
Opportunities for up-front financing
Support from UNFCCC (e.g. clear statement, guidelines, case studies)
www.perspectives.cc · [email protected] 9
Thank you!
Perspectives GmbH
Marc André MarrHead of Carbon Project Services