1.43 billion requirements technological twice), or a CERs issued. It but have single 10-year is estimated that simplified period. Project by 2020, the procedures. To of higher operators can CDM will be classed as risks due to choose which generate small-scale, the crediting between 2.8 and projects must performance period to use. 3.7 billion be: uncertainty CERs for or low Each PoA emissions market share must have its reductions, renewable of the new own baseline destructions or energy project established. sequesters. technology project Each activities barrier due to must The Program of (max output prevailing also provide a Activities 15 MW) calculation of (PoA) is a energy the particular practice, feature of the efficiency project’s CDM that regulation or baseline. provides a project policy would framework to activities (up have led to generate large to 60 GW of a quantities of per year GHG or higher reductions. equivalent) emissions technology Each PoA other project registers with activities other the CDM as a that both single program reduce activity, and emissions by barriers, limited then registers a sources (less larger number than 60 Kt information, of sub-projects of CO2-e). managerial undertaking the resources, same activity. Forestry capacity or There are projects must currently 243 also meet capacity to registered absorb new similar rules, PoAs, which but also technologies. cover 1,611 demonstrate that individual the land is There is a activities that land’ positive list for ‘eligible have generated some small-scale and address about 138,000 electricity CERs. projects (e.g., up to 15 MW) Each PoA including solar, off-shore wind, project activity
1.43 billion CERs issued. It is estimated that by 2020, the CDM will generate between 2.8 and 3.7 billion CERs for emissions reductions, destructions or sequesters. The Program of Activities (PoA) is a feature of the CDM that provides a framework to generate large quantities of GHG reductions. Each PoA registers with the CDM as a single program activity, and then registers a larger number of sub-projects undertaking the same activity. There are currently 243 registered PoAs, which cover 1,611 individual activities that have generated about 138,000 CERs. requirements but have simplified procedures. To be classed as small-scale, projects must be: renewable energy project activities (max output 15 MW) energy efficiency project activities (up to 60 GW per year or equivalent) other project activities that both reduce emissions by sources (less than 60 Kt of CO2-e). Forestry projects must also meet similar rules, but also demonstrate that the land is ‘eligible land’ and address Each PoA project activity technological of higher risks due to the performance uncertainty or low market share of the new project technology barrier due to prevailing practice, regulation or policy would have led to of a higher emissions technology other barriers, limited information, managerial resources, capacity or capacity to absorb new technologies. There is a positive list for some small-scale electricity projects (e.g., up to 15 MW) including solar, off-shore wind, twice), or a single 10-year period. Project operators can choose which crediting period to use. Each PoA must have its own baseline established. Each must also provide a calculation of the particular project’s baseline.
CCA_CFIStudyPublicReportHTMLAppendixA.docx