A primer in CDM Programme of Activities
This carbon finance capacity building tool was developed through the cooperation of A2G Climate Partners, the UNEP Risoe Center of Denmark, the Ministry of Environment of Peru – MINAM and EEA Fund Management Ltd from the United Kingdom.
Programmatic Clean Development Mechanism (CDM) was formally introduced during the COP/MOP11 to enable a programmatic approach to carbon finance. Programmatic CDM represents a natural evolution of standard CDM and emerges as a potential interface to migrate or complement CDM with emerging modalities such as NAMAs.
This publication came in the framework of the UNEP Risoe Center capacity building efforts and shows the key aspects for the development of mitigation initiatives under Programmatic CDM. It shows the experiences of Programmatic CDM proposals developed in countries such as Mexico, Senegal, Bangladesh and Uganda.
Link to download the guide click here.
Pilot Project for the implementation of the MRV system for the Joint Crediting Mechanism in Japan
The JCM (Joint Crediting Mechanism) of the Government of Japan, arises as governmental initiative in order to implement a mechanism, more flexible and more dynamic than the Clean Development Mechanism (CDM). It seeks for knowing the particularities of each country and the potential offer of carbon credits, considering these characteristics in the development, registration, validation and verification of the reduction/capture of GHG.
A2G Climate Partners was elected in Peru as the cooperation agency of the Japanese Ministry of Environment for the Monitoring, Reporting and Verification (MRV) for this mechanism, creating the model of the Project Design Document (PDD) and revising the methodology proposed for the “fuel switch in the brick manufacturer REX” project. As part of the activities, support was also provided to the development of the Monitoring Plan and to the verification of the reduction of GHG emissions. As part of its cooperation in the new JCM system and in the frame of the development of capabilities and final activity in the respective fiscal years 2011 and 2012 of the Japanese Government, A2G Climate Partners has been representing Peru, together with the Ministry of Environment, in the forum on discussions and development of capabilities, same that has been taking place since 2012.
Design, financing and implementation Sociedad Agrícola de Interés Social José Carlos Mariátegui Reforestation Project
Deforestation is the main cause of the generation of greenhouse effect gas emissions in Peru. Many forest projects nationwide do not succeed due to challenges in their financial closure, care, control and management. By 2008, A2G partnered with Sociedad Agrícola de Interés Social José Carlos Mariátegui (SAIS JCM) to design, finance and implement a forestry project in Cajamarca Peru. The project was designed with the following blocks: a capacity building block to train 500 young men of the beneficiary community on implementation, maintenance and project metrics; the financial design to leverage on carbon finance and sustainable development benefits to get access to public budget; the implementation block that cultivate 1,450 hectares of arid land with appropriate pinewood species; and the Measurement, Reporting and Verification of carbon sequestration and sustainable development benefits.
The project has the support of the Ministry of Environment – MINAM, has been fully financed, implemented and achieved validation and registration under the Verified Carbon Standard (VCS). This project not only favors the environment but also supports the sustainable development of the communities of the zone, favors biodiversity and efficient water management, and contributes to climate change mitigation.
To see the presentation of the project, click here.
Pictures of the José Carlos Mariátegui Reforestation Project:
