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cbiPossible Post 2012 CDM

Key ChallengesDavid Lesolle, Botswana

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for sustained capacity building in support of international climate change negotiations

pour un renforcement durable des capacités en appui aux négociations internationales sur les changements climatiques

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CDM – a good buy in

Experience now existsOpportunities are attractiveMethods are in place and continue to be developed

Lessons: •SD issues under CDM provide opportunities to level the playing field•Provide an opportunity to move forward and improve the CDM post 2012.

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Main Issues

•How to improve CDM?•How to address the lack of a fair Geographical Distribution of CDM?•How to bring in the Most Vulnerable – zero-CDM areas?•How to develop and improve capacity for CDM?

Lessons:How to use the post 2012 CDM to address these issues.

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Beyond Project based CDM

Different types of options:

•Programmatic (growing number of projects over time)

•Bundling (a number of projects – one time)

•Policy (Using Policy approaches to addressing/implementing CDM)

•Benchmarking (additionality)

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The Future CDM

•Establish a common approach•Consider a future CDM as part of a post 2012 regime/way of doing business

As AI Governments go for NAI bilateral programme – incorporate CDM and also SD at same time – SD must drive.

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CDM and SD

•Strong SD requirement do not mean lack of investment

•Consider SD lessons and SD Criteria to be considered INTRA G77 – CSD as basis

•Additionality: Financial and Environmental – are they working/useful. Impacts on baseline, efficiency of Mechanism …

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Other Issues

•Do we only stabilise or reduce – CDM is not helping us achieve overall reduction

•There is need for more Tech Transfer

•CDM only +ve impact on mitigation targets when CERs are cheaper

•CDM MUST help achieve SD

•Art 12 – emphasises on SD under CDM – this is not practised – we have drifted away

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Other Issues (II)

•Develop a 2nd (new) Stream of projects through POLICY CDM

•Policy CDMs need be enabled through innovative financing and capacity building

•Important to emphasise SD and not Equitable Distribution of CDM… SD to enhance CDM project activity… POLICY CDM, Aggregate CDM …

•CDM is transparent – but needs more public comment, NGO comment, balance NGO (S&N)