Background to the UNFCCC Clean Development Mechanism
The United Nations Framework Convention on Climate Change (UNFCCC) was signed in Rio de Janeiro in 1992 with the aim of stabilizing greenhouse gases in the atmosphere to a level which would prevent changes in the global climate. To put the convention into operation, the Kyoto Protocol was signed in 1997. The protocol is a legally-binding document that gives 39 developed countries a series of mechanisms to reduce greenhouse gas emissions. One of these mechanisms is the Clean Development Mechanism (CDM). The CDM has significance for developing nations because it allows developed nations to achieve part of their reduction obligations through projects in developing countries that reduce emissions or 'fix' or sequester CO2 from the atmosphere.
The CDM and sustainable forest management
There are opportunities for
funding for sustainable forest management projects in the context of the CDM.
The CDM is of interest to developing countries that want to begin projects that
may involve sustainable forest management as part of a project to improve
sequestration of carbon in carbon sinks or possibly to supply bioenergy
projects.
The prerequisites for
developing and implementing a CDM project are quite complex and depend on local
institutional conditions and national preparedness for the CDM. Much quality
information on the CDM is already available on the Internet. For an accessible
overview of the CDM refer to A quick guide to the Clean Development Mechanism>.
Developing a project for CDM funding
The first
step in the development of a sustainable forest management project that could
attract CDM funding is a concept note which is submitted to the designated national authority,
the body which has the power to
approve CDM project applications.
Once the project concept has been
drafted and approved by the national authority, a project design document can be
elaborated using the official project design document (CDM-PDD).
The completed CDM-PDD is once again submitted to the local national authority for approval. On approval, an operational entity should then validate it. On validation, the design document is reviewed by the CDM executive board, prior to it being registered in the CDM project registry. The project then enters the implementation and monitoring phase which may result in Certified Emission Reductions being issued.
Eligibility
To be eligible to develop a CDM project, the project must comply with
certain criteria.
The Kyoto Protocol identifies the following
eligible Land Use, Land Use Change and Forestry (LULUCF) activities to
help meet emissions targets:
- afforestation;
- reforestation;
- deforestation.
In addition, the Marrakesh
Accords, the rulebook of the Kyoto Protocol, have added the following eligible
activities in the LULUCF sector:
- forest management;
- cropland
management;
- grazing
land management;
- revegetation.
Links
United Nations Framework Convention on Climate ChangeUNFCCC Clean Development Mechanism
UNFCCC Financial Mechanism
A quick non-UN guide to the CDM