Tag: Submission

In this submission the Climate Action Network International looks at a non-exhaustive list of policies and measures which are aimed at directly or indirectly reducing or mitigating greenhouse gas emissions. For each of  the measures a short analysis will be provided together with an assessment of their cost-effectiveness. The types of measures discussed are placed under the categories financial instruments or regulatory approaches, both in a broad sense.

In CAN’s view, discussions about the future of the flexible mechanisms including the consideration of new project  activities should be firmly grounded in an analysis of their performance so far. So far, the CDM has failed to meet its dual objectives of supporting cost-effective climate change mitigation and sustainable development in developing countries. Yet, even when accepting some of the well-known shortcomings of project-based CDM mechanisms, CCS is highly likely to fail most of the requirements in this specific offset framework. Therefore despite the abovementioned CMP decision, CAN does not believe including CCS in CDM is an appropriate way forward. Therefore this submission sets out  reasons for  CAN´s  opposition to the inclusion of CCS in CDM and subsequently addresses the different issues referred in paragraph 3 of  the CMP  Decision It should be noted, however, that this submission does not refer to use of various CCS technologies outside the CDM and for general mitigation purposes both in developed and developing nations.