project facilitation support through canada’s cdm and ji office
DESCRIPTION
Project Facilitation Support Through Canada’s CDM and JI Office. Canadian Context. Canada ratified the Kyoto Protocol in December 2002 Accounts for 2% of global emissions Canada’s target under Kyoto: 6% below its 1990 level Equal to 240 Mt/year during the first commitment period (2008-2012). - PowerPoint PPT PresentationTRANSCRIPT
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Canada’s CDM & JI Office
Project Facilitation Support Through Canada’s CDM and JI Office
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Canada’s CDM & JI Office
Canadian Context
• Canada ratified the Kyoto Protocol in December 2002
• Accounts for 2% of global emissions
• Canada’s target under Kyoto:– 6% below its 1990 level– Equal to 240 Mt/year during the first commitment period
(2008-2012)
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Canada’s CDM & JI Office
Canadian Context
• Canada is in a unique situation:
– Kyoto Protocol’s target a challenge– Alone in the Americas with a Kyoto
commitment – International competitiveness
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Canada’s CDM & JI Office
Guiding Principles – Kyoto Protocol Implementation
• Majority of activities at home
• All sectors should share the burden
• No undue burden on any Canadian region
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Canada’s CDM & JI Office
Overview
• Mandate of Canada’s CDM and JI office
• Project facilitation support
• Projects supported to-date
• Upcoming events
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Canada’s CDM & JI Office
Office Mandate and Strategy • National focal point for CDM and JI
– Develops and disseminates information– Links with other Canadian and international programs
• Facilitates Canadian participation in the CDM & JI– Facilitates project development– Supplies technical guidance to companies– Provides financial support to offset transaction costs– Concludes bilateral agreements
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Canada’s CDM & JI Office
Office Mandate and Strategy (cont`d)
• Provides approvals
• Provides analytical and policy support to negotiations
• Current focus - Project-specific activities to reduce transactions costs- Enhanced domestic outreach - Capacity-building support to key markets - Ensuring Kyoto linkages to domestic systems which
are under development- Enhancement of password-protected website - Conclusion of MOUs
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Canada’s CDM & JI Office
Password Protected Website
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Canada’s CDM & JI Office
Status of MOUs
CONCLUDED
Cuba China-Canada Joint Statement–GOC Colombia, Uganda (project-specific) Tunisia Ecuador Nicaragua Costa Rica Chile Korea Poland Ukraine Latvia
UNDER DISCUSSION
• Argentina, Bolivia
• Uruguay
• Dominican Republic
• Egypt
• El Salvador
• Peru
• Poland, Romania
• Sri Lanka
• Brazil, Guatemala, Panama
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Canada’s CDM & JI Office
Project Facilitation Support
Project Transaction Costs
• Development of new methodologies
• Baseline studies, monitoring plans, PDDs
• Verification & certification
• Project registration with CDM EB
• Monitoring & Verification
Project Development Costs
• Market identification
• Technical guidance
• Feasibility studies– carbon asset assessment only
• Environmental assessments
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Canada’s CDM & JI Office
Funding Criteria for Proposals
A Project Must:• Result in CDM or JI credits for Canada• Be commercially viable• Clearly depict the ownership rights to carbon credits• Leverage resources – cost-sharing
New 2-Step Process: • Proposal Summary Template• Detailed Proposal
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Canada’s CDM & JI Office
Projects Supported by CDM &JI Office
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1417
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*Africa & Middle East
- Egypt
- Ivory Coast
- Jordan
- Morocco
- Mauritania
- Senegal
- Tunisia
Asia
- Bangladesh
- China
- India
- Pakistan
- Sri Lanka
Latin/South America
- Argentina - Costa Rica
- Brazil - Cuba
- Barbados - Honduras
- Chile
Central Eastern Europe
- Poland
- Romania
- Russia
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Canada’s CDM & JI Office
Some Observations
• Sectoral focus: methane recovery, renewables, energy efficiency • Growing interest in sequestration• Progress: 2 Canadian projects advanced to EB • Type of Support: Feasibility studies, baselines, and PDDs
• Increasing interest in project facility approach to project development – Small-scale projects – Pembina Institute – India–GSCI-Natsource
• Absence of upfront project investment impeding project development
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Canada’s CDM & JI Office
Summary • Technical advisory role of office enhanced
• Financial support available for targeted activities
• Seeking opportunities to collaborate with CDM & JI stakeholders domestically and internationally
• Interested in obtaining updates on your firm’s international operations
Thank you !
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Canada’s CDM & JI Office
For more information ...
Canada’s CDM & JI OfficeClimate Change and Energy Division (ESCC)Foreign Affairs Canada125 Sussex DriveOttawa, ON K1A 0G2
Tel: (613) 944-3039Fax: (613) 944-0064E-mail: [email protected]: www.international.gc.ca/cdm-ji/