UNFCCC secretariat, SDM Olof Bystrom, Programme Officer Module 1.4 JI Project Cycle - Status of Implementation 1st SDM Joint Coordination Workshop Bonn, Germany 24 March, 2012

Project Status 23 March March 2011 PDDs (incl PoA) Published since Nov Withdrawn4340 Expected ERs (Million tonnes CO 2 ) DETERMINATIONS Published4230 Finalized4129 VERIFICATIONS Published6735 Finalized6633 Verified ERs (Million tonnes CO 2 ) 178 TRACK 1 Published Projects306253

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, 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

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