Description of
Activities
Activity 1: Promoting stakeholder dialogue
At
present there is a wide gap in the perception of the buyers and investors of
the CDM LULUCF projects and the implementers of the CDM projects. The CDM
principally makes a provision for A & R activities to be undertaken in
India and the developed nations such as the EU to take benefit of the emission
reductions generated through sinks project. By bringing together the various
stakeholders-EU companies, multinationals, financiers and project developers we
envisage to enable close interaction between the stakeholders so that these
issues can be discussed between stakeholders firsthand and projects that meet
expectations of counterparts can be formulated.
For this purpose, two workshops will be organized, the first of which has been
held in Dehra Dun in June 2005.
Activity 2: Discussion and dissemination of information
on CDM sinks project under EU-India partnership
The guidelines of
CDM- EB and modalities and procedures as finalised by the COP 10 of UNFCCC for
small and large-scale projects will be disseminated to the stakeholders. Information relevant to the procedure for
submission of A & R projects, Project information Note formats,
methodologies for A & R projects approved by CDM- EB and roles and contacts
for operational entities (OEs), Designated National Authority (DNA), investors
will be made available to all stakeholders. In addition, information from A
& R case studies from India and Europe and other renowned global
institutions will be disseminated.
Users manual for
A&R projects and FAQs published by ICFRE and disseminated to various users.
There are several grey areas, risks and uncertainities
associated with the A & R activities. The permanence of carbon credits
generated through these projects, the additionality of projects, the issue of
leakage and its addressal and quantification of ecosystem services from forests
are some technical barriers to the sinks projects. Besides the internal
governmental policies of preference of one kind of project over others,
economic returns, benefit cost ratios and contribution of sinks projects to the
sustainable development of the nation are other criteria that the projects have
to address. Project developers will be required to address these barriers to
ensure the feasibility of projects.
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