CDM Loan Scheme DNA Help Desk CDM Help Desk

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1 CDM Loan Scheme DNA Help Desk CDM Help Desk Regional DNA Training for Latin America and the Caribbean Best Western Belize Biltmore Plaza Hotel Belize City, Belize 23 October 2012 Fatima-Zahra Taibi, Programme Officer UNFCCC secretariat

2 Objectives During this presentation you will learn about: 1) CDM Loan Scheme: a. Background b. Eligibility criteria c. Application and approval procedures d. Current status and next steps 2) DNA and CDM Help Desks a. Background b. Applicability c. Support available for DNAs and other stakeholders Joint First Prize - CDM Photo Contest 2009 Photographer: Tao Ketu Title of photo: I can t believe this thing can cook! Description: A family in Northwest China is learning how to cook with a solar cooker CDM Project 2307: Federal Intertrade Pengyang Solar Cooker Project, China 2

3 The CDM Loan Scheme 3

4 Background of the CDM Loan Scheme The Conference of the Parties serving as the meeting of the Parties (CMP) adopted the Guidelines and modalities for the operationalization of a loan scheme at CMP.6 in Cancun, Mexico, in December UNFCCC secretariat selected an implementing agency: To maintain independency in the loan recipient selection process The United Nations Office for Project Services (UNOPS) was selected, in a joint proposal with the UNEP Risoe Centre (URC). Officially launched last April, during Africa Carbon Forum in Addis Ababa, Ethiopia. 4

5 Eligibility criteria for projects to obtain a loan Located in countries with fewer than 10 registered project activities Minimum emission reductions of: o 15,000 tco2eq/year Non-LDCs/Non-SIDS o 7,500 tco2eq/year LDCs/SIDS To cover for the costs of: o Development of PDDs o Validation o First verification Interest-free USD 5.7 million available as of 31 December

6 Potential of the CDM Loan Scheme Potential to benefit approximately 80 countries worldwide 21 countries in Latin America and the Caribbean can benefit from the scheme Antigua and Barbuda Bahamas Barbados Belize Bolivia Cuba Dominica Dominican Republic El Salvador Grenada Guyana Haiti Jamaica Nicaragua Panama Paraguay Saint Lucia Saint Kitts & Nevis St. Vincent & Grenadines Suriname Trinidad and Tobago Uruguay 6

7 CDM Loan Scheme website (

8 Current status and next steps First application window (18 April 30 June) 42 applications received 23 loans approved US$ 2.9 million committed Details Second application window (1 July 30 September) 19 applications received Next steps: Assessment of the second window applications Approval of new loans in November 2012 Next window for application expected for early 2013

9 The DNA and CDM Help Desks 12

10 Background of the Help Desks The secretariat has identified key areas where direct support to DNAs and project developers can contribute to enhancing regional distribution, leading to the establishment of two Help Desks. The Help Desks are independent from the assessment of projects and operational entities. They do not guarantee the registration of projects or issuance of CERs. 13

11 Applicability of the Help Desks The CDM and DNA Help Desks provide support for Africa; least developed countries (LDCs); small island developing States (SIDS); and countries with 10 or fewer registered CDM projects as of 31 Dec DNA Help Desk DNAs Grid emission factor Standardized baselines Microscale additionality CDM Help Desk Project developers, participants, DOEs, and DNAs All enquiries related to CDM project development 14

12 Potential of the CDM help desk 22 countries in Latin America and the Caribbean can benefit from the Help Desks Antigua and Barbuda Bahamas Barbados Belize Bolivia Costa Rica Cuba Dominica Dominican Republic El Salvador Grenada Guyana Haiti Jamaica Nicaragua Panama Paraguay Saint Lucia Saint Kitts & Nevis St. Vincent & Grenadines Suriname Trinidad and Tobago Uruguay 15

13 Thank you. 16

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