Transcript CDM/JI Office Canada

CDM/JI Office Canada
Development of a Portfolio of
CDM Projects in Indonesia
Access to CDM & JI office of
Canada facility
Presented by:
ECONOLER INTERNATIONAL
Jakarta, Indonesia
January, 2006
ECONOLER
INTERNATIONAL
Your animator:
Stéphanie Nour, Engineer
CDM Expert
ECONOLER INTERNATIONAL
Tel.: +1 (418) 692-2592
[email protected]
or visit our Web site:
www.econolerint.com
and the project web site:
www.econolerint.com/english/CDM/Indonesia
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INTERNATIONAL
Topics
ECONOLER
INTERNATIONAL
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The obligation of Canada towards
Kyoto Protocol
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Support from CDM/JI Office Canada
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Mandate of Econoler International
Kyoto Protocol
What if an Annex-I country that
ratified the KP can’t make it?
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This has been decided during Bonn
Climate Conference:
1-ton above the target in 2012…
 Means 1.3-ton more to catch up after 2012
 In addition to the “after-2012” emission
reduction targets
 Each
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Kyoto Protocol
For instance: the KP In Canada
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Each country has its own target
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Forecast total cost of the Canadian
compliance:
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Canada’s target is 6%
When signed, it represented 240 Mtons CO2 PER
YEAR
Now it represents 270 Mtons CO2 PER YEAR.
US$8.5 Billion
Part of it is the Canadian Climate Change
Development Fund: US$3.3-4.3 Billion
For the purchase of carbon credits using the
flexible mechanisms…
Kyoto Protocol
For instance: the KP In Canada
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Canada’s KP compliance plan:
 Reduction
target: 80 Mt CO2/year from:
 Carbon
storage
 RE projects
 Reduction
target: 100 Mt CO2/year from:
 Awareness
campaign for population
(31Mt)
 Reduction contacts with industrial sectors
 Reduction
target: 60 Mt CO2/year from:
 Massive
investment in public
transportation infrastructures
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 PURCHASE
of carbon credit through the
flexible mechanisms…
CDM & JI Office Role
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Canada’s Designated National Authority
(DNA) and Focal Point
Facilitate Canadian participation in CDM
and JI
Approval of voluntary participation in
CDM/JI projects
Strengthening relations with Project Host
Countries
Facilitate development of Project Idea
Notes (PINs)
Analytical and policy support to
negotiations
CDM & JI Office
Financial Support
BASE CONDITIONS
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INTERNATIONAL
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Canadian partner must apply
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Certain eligible fixed costs
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Office cannot fund 100% of project
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Project must demonstrate "additionality"
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Project must be clearly defined and
bounded
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Project goals must be realistically
achievable
Project Facility by CDM & JI office
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ECONOLER
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Indonesia has been identified as one of
the more significant countries in terms of
supply of carbon credits from CDM
projects, and it is among the highest
priorities for CDM cooperation for
Canada.
The CDM & JI office has mandated
Econoler International to develop a
portfolio of PINs and PDDs in Indonesia.
This project allows to the CDM&JI office
to be on the ground.
Support from CDM/JI Office Canada
New Project Launched
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Development of a Portfolio of CDM
Projects in Indonesia objectives
 Develop
PINs and/or PDDs for Indonesian
promoters
 Increase the number of projects available
for Canadian participation
 Potential purchase of Carbon credits by
Canadian entities and the Climate Fund
 Require an in-kind contribution from
promoters (data collection)
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Limited number of projects
Support from CDM/JI Office Canada
Criteria
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High probability of meeting sustainability and
additionality criteria
Pre-feasibility (PIN) and feasibility work (PDD)
already completed or at least under completion
Financing practically arranged on principle
agreement with financing institutions
Need for up-front financing in return for some
exclusivity on sale of credits.
Minimum project size of 25,000 tons/year
anticipated CERs.
CDM projects supported to the PDD level under
this project will be initially offered on an
exclusivity basis to Canadian buyers of CERs
for a period of 90 days after completion of the
PDDs.
Support from CDM/JI Office Canada
Benefits for Indonesian Promoters
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ECONOLER
INTERNATIONAL
Realize PIN/PDD by nearly outsourcing
their total costs
Easier access to Carbon buyers
Improve project business plan using the
support of Econoler International experts
Access to the latest UNFCCC’s news and
methodologies
Be in the loop for further development of
the project
Support from CDM/JI Office Canada
Project Development
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A preliminary list of 12 projects has been
submitted to the CDM & JI office December
15, 2005
A final list of 16 projects was presented on
January 16, 2006
We are currently finalizing the list according
to the CDM & JI recommendations.
agreements with project developers shall be
signed by January 31, 2006.
ALL PINs and PDDs are to be produced
before March 20, 2006.
Support from CDM/JI Office Canada
Further development of Project facility
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Due to the high numbers of PINs proposed
under the current facility, the CDM & JI
office may launch another similar facility
after April 1, 2006.
This will depend on
The quality of PINs submitted by the project
developers.
 The outcome of the federal elections in
Canada
 The status of Canada’s target towards Kyoto
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Conclusion
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Keep yourself informed using our WEB
SITE:
 All
additional and new information
 All further activities
 Info about how to propose a project
 http://www.econolerint.com/english/CDM/I
ndonesia
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INTERNATIONAL
Other Sources
of Information
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INTERNATIONAL
Sources of Information
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ECONOLER
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IETA International Emission Trading Association
http://ieta.org/
PointCarbon Web site, newsletters and reports
http://pointcarbon.com/
Pembina Institute, manual on CDM
www.pembina.org
UNFCCC: http://cdm.unfccc.int/
CDM contact point at the Canadian Embassy in
Jakarta: Nicolas Lepage, Trade Commissioner
T: (62-21) 2550-7852
C: (62-81) 117-8305
F: (62-21) 2550-7812
Email: [email protected]
Web: http://www.international.gc.ca/jakarta/
CDM/JI Office Canada
 Canada’s
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Clean Development Mechanism
and Joint Implementation Office
 Climate Change and Energy Division (AEC)
 Department of Foreign Affairs and
International Trade
 125 Sussex Drive, Ottawa, ON K1A 0G2
 Tel: 613-944-3039
 Fax: 613-944-0064
 e-mail: [email protected]
 Web site: www.dfait-maeci.gc.ca/cdm-ji