1. Status and prospects for the CDM … prior to COP/MOP 1
Seminar organized by AIXG
21-22 March 2005
Paris
Christine ZUMKELLER UNFCCC/Cooperative Mechanisms

2. Status and prospects of the CDM
Enabling environment for the CDM: with “Kyoto risk” taken care of, other risks come to the fore (CDM in context of negotiations, post value, regulatory issues at national/intl.levels)
“Prompt start of the CDM” since Marrakesh meant
COPs 8, 9 and 10 reviewed progress on the work of the Board; found procedures in place and operations advancing (project registration, method.approval, consolidation, DOEs, DNAs – see UNFCCC CDM web site)

3. Status and prospects …
Analysis of the process and the nature of problems – keep sense of perspective!
Which problems are of a “teething”, procedural or structural nature – what can the Board do to address them?
Are all actors playing the role foreseen by the M&P – if not, why not?
Why are the resources for the work of the Board insufficient – what can be done to raise awareness and stir action?

4. Status and prospects …
Bottom-up process yields results but takes time and effort: gets process going, generates experience to streamline, consolidate, adjust
Opportunities are seized by pioneers: operational entities, project proponents, stakeholders – interest rising, sophistication improving!
Challenge: ensuring quality, consistency in approach, timely and cost-effective delivery
Magnitude of challenge fully appreciated? CDM to work at global, multi-sector, multi-interest level!