Departamento Nacional de Planeación

Colombia: from CDM to NAMAs Sebastian Lema Low Carbon Resilient Development Program -USAID Colombia

CDM Official and standardized definition Require registration Generate carbon offsets Standardized MRV Additionality criterion NAMA No official definition No registration required Uncertainty about crediting NAMAs MRV varies according to funding sources Reducing GHG emissions beyond the BAU

Capacity building from CDM Regulatory framework Fiscal incentives to promote CDM Creation of the Climate Change Mitigation Group National government goals to promote mitigation projects CDM developers Baselines and methodologies for mitigation Appropriation of new technologies Carbon pricing

National government goals related to identify CDM and mitigation actions Source:

Current status of NAMAs 30+ NAMAs initiatives Interest from public and private sector No legal framework or official definition for NAMAs Uncertinty about crediting NAMAs and carbon markets Local capacities to formulate and implement mitigation projects

Next steps Establish an “official” definition for NAMAs Create a national registration system for NAMAs Create a MRV system for NAMAs Define national government goals related to NAMAs implementation and formulation

Tel. (+57 1) Calle Piso 8 Bogotá - Colombia Sebastian Lema