Transcript CDM Cycle
CDM Cycle Regional workshop 3-4 March 2002; Nairobi Kenya Njeri Wamukonya CDM governance and institutions • Conference of the Parties to the UNFCCC serving as a Meeting of the Parties to the Kyoto Protocol (COP/MOP): - highest authority for the CDM • Executive Board (EB) - executive authority for implementing CDM system • Composition - 5 from each UN region, 1 AOSIS, 2 Annex I, 2 non-Annex I, • ie 6 developing country and 4 industrialised • Operational entities (OE) - accredited as the ‘auditors’ of CDM projects - likely to be multinational organisations (eg accoutancy firms) • Designated National Authority (DNA) - national focal point for project approval CDM project cycle • Step Responsible agency • Project design document --- project participants (PP) • Host country approval -DNA • Validation of project design---- OE • Baseline approval------OE/EB • Registration ---EB • Project financing and implementation --- PP • Monitoring --PP • Verification -----OE • Certification/issuance of CERs --- EB CDM Project Cycle Design, structure, finance National Authority National approval Operational entities Validation Registration Project participants Monitoring Verification & certification Executive Board Issue CERs CDM Cycle TERMINOLOGY • Approval– by DNA • Validation is the process of independent evaluation of a project activity by a designated operational entity • Verification is the periodic independent review and ex post determination by the designated operational entity of the monitored reductions • Certification is the written assurance by the designated operational entity What government needs to do • Ratification of Kyoto Protocol • Designation of focal point (Designated National Authority) to lead CDM programme and contacts • Legal and institutional framework to evaluate and approve projects – including sustainable development criteria • Identify key projects itself and create an enabling environment for business and civil society to market projects • National registry DNA roles • Project approval – – – – – validity of baseline SD objectives Credibility of project developers Monitoring proposal Reporting proposal • Reporting to EB • Promote CDM