Key provisions and institutional arrangements of the CDM

1

• Key provisions and institutional arrangements of
  the CDM
• Christine ZumkellerUNFCCC/Cooperative Mechanisms
• czumkeller_at_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

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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

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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

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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

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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