Context

More than 1.4 billion people worldwide have no access to electricity, and some 2.5 billion people – almost half of humanity – rely on traditional biomass for cooking and heating. Access to a clean and reliable source of energy is crucial to sustainable development and to achieve the Millennium Development Goals. The UN General Assembly has designated 2012 as the International Year of Sustainable Energy for All.

In that context, the Clean Development Mechanism has shown limits to the extent of which it can support a massive deployment of clean technologies for the poorest populations. Projects targeting the poorest populations are potentially eligible, but they face some barriers. Since bringing a project on the carbon market can take up more than 2 years, it is becoming more complicated and demanding of specialists input, when it comes to assessing the feasibility of such. Therefore, we can often hear questions such as:  
  • Does my project comply with the methodological eligibility criteria and the standards?  
  • What is the time frame? When will I be able to see the return of my investments?
  • What are the transaction costs and the expected revenues?  
  • What are the risks related to the project?  

Our solutions

GERES, in partnership with Nexus‐Carbon for Development and Global Environmental Institute, developed a tool to help project developers to assess the pre‐feasibility of small scale CDM projects. The tool gives support to project developers to evaluate if their project activity is eligible and feasible under three approved methodologies (CDM AMS II.G and AMS I.I; and the Gold Standard TPDDTEC). The tool will be presented to project developers and interested stakeholders during the COP 17.

Programme – Breakfast meeting
Date: Wednesday 7 December 09:00‐11:30
Location: South Africa Climate Change Response Expo, Umnegeni room  
Speakers: William Battye, GERES and Samuel Bryan, Nexus‐Carbon for Development  

  1. What are the barriers to carbon finance and what are the success stories from small scale project developers?
  2. What are the transaction costs and carbon revenue calculations and how did we deal with them?  
  3. Demonstration of the tool: introduction, test and discussion
  4. Next steps: invitation to use the tool in 2012

Contact

Marina Gavaldão, Technical Director, GERES, m.gavaldao at geres.eu  
Marion Santini, Communications Manager, Nexus, m.santini@nexus‐c4d.org

<i>For more information please visit: http://www.nexus-c4d.org/images/nexus/news/cor_com_cdmdmt_programme_eventfor%20pdf.pdf</i>