Climate change: Questions and Answers on the UN climate conference in Durban
1. Why another climate change conference?
Parties to the UN Framework Convention on Climate Change (UNFCCC) 1 and the Kyoto Protocol 2 meet once a year at high level to discuss how to advance international action to combat climate change. South Africa is hosting this year’s conference from 28 November to 9 December in Durban. It will be the UNFCCC’s 17th ‘Conference of . . . → Read More: EU: Questions and Answers on the UN climate conference in Durban
The International Emissions Trader Association (IETA) has published an internal paper about the question whether or not CDM methodologies covering emissions reductions achieved by HFC 23 destruction should be accepted for compliance.
“This paper has been drafted exclusively to list pros and cons of qualitative restrictions as they are emerging from the public debate and does not imply endorsement by IETA of any of the listed arguments as a position of the association.”
Download a . . . → Read More: New internal IETA paper about HFC 23 in the CDM
The UNFCCC has updated its FAQ section on Post-2012 Issues.
The fact that the CDM is a long-term mechanism not tied to specific commitment periods is emphasised. If current negotiations result in emissions targets being “expressed in a form other than a second commitment period under the Kyoto Protocol,” the CDM may still continue, either still directly under Kyoto or another instrument. For projects that span both commitment periods, a system is needed to allocate . . . → Read More: Post-2012 CDM FAQs published
The agenda for the next meeting of the CDM Executive Board has been posted on the UNFCCC website, and it’s a doozy.
Annex 1 to the agenda is a proposal that would force Designated Operational Entities to become liable for any “excess” CERs that are issued by projects. By “excess” the proposal means any issuances that are found to be incorrect due to factual errors or omissions, or even an entire project that is found . . . → Read More: More controversy hits the CDM
Might be worth opening a book on just how many CERs will be issued between now and Cancun. Analysts are showing eight issuances (12 million mt) now in review process, and 5.5 million more in requests outstanding that will probably be kicked into review as well.