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Key provisions and institutional arrangements of the CDM

Key provisions and institutional arrangements of the CDM Christine Zumkeller UNFCCC/Cooperative Mechanisms czumkeller@unfccc.int. Mandate and guidance. Article 12 of the Kyoto Protocol (KP) Decision 17/CP.7 + CDM Modalities and Procedures Decision 21/CP.8 COP decisions

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Key provisions and institutional arrangements of the CDM

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  1. Key provisions and institutional arrangements of the CDM Christine ZumkellerUNFCCC/Cooperative Mechanisms czumkeller@unfccc.int

  2. Mandate and guidance • Article 12 of the Kyoto Protocol (KP) • Decision 17/CP.7 + CDM Modalities and Procedures • Decision 21/CP.8 • COP decisions  COP/MOP decisions upon entry into force

  3. Until entry into force • COP exercises authority over the CDM • Current phase “facilitates the prompt start of the CDM” • COP elected the Executive Board at COP 7 which supervises the CDM Upon entry into force • COP/MOP confirms decisions of COP • Board members to be from countries which are Parties to the Protocol

  4. Actors in the CDM • COP (COP/MOP) • Executive Board • Panels (Accreditation + Methodologies) • Specialized expertise (e.g. for assessment teams) • Designated operational entities • Project participants • Stakeholders • Secretariat services the CDM

  5. Executive Board - Governance • Composition: 10 members + 10 alternate members • Elected for 2 or 3 years • Chair/Vice chair  AI/NAI annual rotation • Personal capacity/competence • No conflict of interest  oath of service • Rules of procedures approved by COP 8 • Panels to assist • Expertise in specialized areas • Resources  Share of proceeds/Contributions + Fees

  6. Executive Board – Key functions • Translates rules into operational procedures (e.g. small-scale projects) • Accredits operational entities/recommends their designation to COP (COP/MOP) • Approves methodologies on baselines and monitoring • Registers CDM projects activities once validated • Issues CERs once verified + certified by designated operational entities • Reports to COP (COP/MOP) • Regional balance of projects?

  7. Executive Board – Operational procedures • Procedures to accredit operational entities • CDM-PDD + Glossary • SSC-PDD etc… • Procedure for review

  8. Executive Board - Outreach • Meetings web cast - transparency • UNFCCC CDM web site • UNFCCC CDM News facility • Interactions with constituencies • Question-and-answer sessions in conjunction with COPs/SBs • Presentations at workshops + conferences by Board members and secretariat • Chair represents Board • Calls for experts

  9. Conclusions • Institutional set-up in place • Applicant entities under consideration • Projects can be registered • First credits to be issued?

  10. Goals of the workshop • Enhance common understanding • Ensure utmost consistency, fairness • Make CDM work! Flexibility + credibility of the process CERs to be recognized as “gold standard”

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