Tag: flexible mechanism

CAN Submission - Views on new market-based mechanisms - Feb 2011

CAN welcomes the opportunity to respond to the invitation to present views on the establishment of new market-based mechanisms (decision -/CP.16, paragraphs 80-82).

CAN strongly believes that any new market-based mechanisms must take into account and build upon the lessons learned from the operation of existing market-based mechanisms during the first commitment period of the Kyoto Protocol to ensure the environmental integrity of any new mechanisms as well as the overall UNFCCC regime.

CAN Submission - CCS in the CDM - Feb 2011

In CAN’s view, discussions about the future of the flexible mechanisms including the consideration of new project  activities should be firmly grounded in an analysis of their performance so far. So far, the CDM has failed to meet its dual objectives of supporting cost-effective climate change mitigation and sustainable development in developing countries. Yet, even when accepting some of the well-known shortcomings of project-based CDM mechanisms, CCS is highly likely to fail most of the requirements in this specific offset framework. Therefore despite the abovementioned CMP decision, CAN does not believe including CCS in CDM is an appropriate way forward. Therefore this submission sets out  reasons for  CAN´s  opposition to the inclusion of CCS in CDM and subsequently addresses the different issues referred in paragraph 3 of  the CMP  Decision It should be noted, however, that this submission does not refer to use of various CCS technologies outside the CDM and for general mitigation purposes both in developed and developing nations.

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