Monday, April 16, 2012

High-level panel on the CDM policy dialogue to conduct Africa-wide stakeholder consultations

  PRESS ADVISORY - (Bonn, 17 April 2012) –  The high-level panel established to conduct a dialogue on the past and future of the Kyoto Protocol’s Clean Development Mechanism (CDM) will hold its first Africa-wide stakeholder consultations at the margins of the Africa Carbon Forum that will take place from 18 to
20 April in Addis Ababa, Ethiopia.

The high-level panel on the CDM policy dialogue consists of distinguished policy makers and representatives of civil society and business who will engage a wide range of stakeholders through meetings and studies to gain a
full and unbiased picture of the operations, benefits and shortcomings of the CDM.

The Africa-wide stakeholder consultations will be conducted by the high-level panel member Margaret Mukahanana-Sangarwe, Permanent Secretary in the Ministry of Tourism and Hospitality Industry of Zimbabwe and former chair of the Ad Hoc Working Group on Long-Term Cooperative Action (AWG-LCA)
under the UNFCCC convention.

Participants at the CDM stakeholder consultations in Addis Ababa will include project developers, buyers, service providers, national CDM representatives, international organizations, civil society, and various
other private and public sector stakeholders.

Although the dialogue is an initiative of the CDM Executive Board, the panel will conduct its work independently and make its own recommendations.
The panel’s work will be submitted to the Parties to the Kyoto Protocol and published in a report immediately afterwards.

The report is expected to provide recommendations for the future design and operations of the CDM, as well as inform negotiations on related issues, including potential new market-based mechanisms.

Useful links:

For further information, please contact:

Irini Roumboglou, Communications Officer, UNFCCC, at:
iroumboglou(at) (0) 228 815 1670

About the CDM

The clean development mechanism (CDM) allows emission-reduction projects in
developing countries to earn certified emission reductions (CERs), each
equivalent to one tonne of CO2. CERs can be traded and sold, and used by
industrialized countries to meet a part of their emission reduction targets
under the Kyoto Protocol. There are more than 4000 registered CDM projects
in 74 developing countries.

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