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Key provisions and institutional arrangements of the CDM Christine Zumkeller UNFCCC/Cooperative Mechanisms

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Presentation on theme: "Key provisions and institutional arrangements of the CDM Christine Zumkeller UNFCCC/Cooperative Mechanisms"— Presentation transcript:

1 Key provisions and institutional arrangements of the CDM Christine Zumkeller UNFCCC/Cooperative Mechanisms

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 Composition: 10 members + 10 alternate members Elected for 2 or 3 years Chair/Vice chair A I /NA I 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 Executive Board - Governance

6 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? Executive Board – Key functions

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

8 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 Executive Board - Outreach

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

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


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