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Recommendations made for future of CDM, JI

High-level panel calls for nations to safeguard future of CDM and releases full findings of its work

newsletter 12/11

The independent high-level panel established to take stock of the Kyoto Protocol's Clean Development Mechanism (CDM) has released the results of the extensive research programme on the mechanism that have underpinned its recent recommendations.

The panel on the CDM policy dialogue was established to conduct a review of the lessons learned from the CDM to date and to assess if, and how, the CDM may continue to have a role beyond 2012. The panel's final report, released in September, contained 51 specific recommendations on how to position CDM for the future. Some of these included:

  • Implementation of standardized methods, such as performance benchmarks and positive lists for assessing additionality
  • Greater access for under-represented regions through simplified procedures
  • Robust standards to be set to enable linking and harmonization of current emerging carbon market

The research programme was commissioned by the high-level panel and was undertaken by several teams of researchers with expertise in a range of areas related to the CDM. The research is presented in three main reports on the impact of the CDM, the governance of the CDM and the future context of the CDM.

The research reports can be accessed under the links below:
http://www.cdmpolicydialogue.org/research
https://cdm.unfccc.int/about/policy/index.html

For more information on the CDM Policy Dialogue, please access their website:
www.cdmpolicydialogue.org

Joint Implementation recommendations to revise mechanism

The Joint Implementation Supervisory Committee (JISC) agreed on key recommendations that, if adopted, will see a smooth transition to a revamped JI mechanism in the second commitment period of the Kyoto Protocol.

The recommendations on how to revise the JI Guidelines, the rules that govern the mechanism, maintain a wide-ranging definition of JI activities, encompassing individual projects all the way up to sectoral or policy-based initiatives. The resulting new modalities and procedures will include an elaboration of the project cycle and increased responsibilities for host governments and accredited independent entities to vet JI projects.

The JISC recommendations also call for a new governing body that would set essential standards and rules for formulation of JI activities and operation of the mechanism as a whole. These recommended revisions and transitional measures are to be considered by the Parties to the Kyoto Protocol when they next meet at the United Nations Climate Change Conference in Doha, Qatar in November –December 2012.

More information on the recommendations can be accessed under the following link:
http://ji.unfccc.int/Sup_Committee/Meetings/index.html