Thank you Chair,
I am speaking on behalf of the Climate Action Network.
In Cancun, Carbon Capture and Storage (CCS) in the CDM was approved as long as nine critical issues concerning CCS were addressed and resolved in a satisfactory manner. These regulatory issues remain a long way from being resolved. CCS in CDM carries significant environmental and legal implications, particularly for the host countries.We urge parties to carefully re-assess the critical issues and not to rush into dangerous project implementation of an unproven technology.
The CDM Executive Board has just approved a revised methodology for HFC-23 destruction projects under the CDM. The revised methodology still provides exorbitant profit margins of these projects that undermine the phase-out of HCFC-22 under the Montreal Protocol
A promising solution would be to simply pay for the incremental costs of HFC-23 incineration in all HCFC-22 production plants in developing countries, implemented under the Montreal Protocol. Alternatively, HFC-23 destruction in new HCFC-22 plants could be tied into developing country Nationally Appropriate Mitigation Actions (NAMAs)
On MRV, we look forward to a strong outcome in Durban that includes robust guidelines for biennial reports, IAR, ICA, Annex I accounting, reporting of REDD+ safeguards, and a common reporting format for climate finance. CAN is also deeply committed to guaranteeing access to information and stakeholder participation, in other words, transparency, in the IAR and ICA processes beyond the proposals currently reflected in the draft decision text.
Thank you Mr Chair