Framework for Programmatic CDM for Renewable Energy sector in India

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Framework for Programmatic CDM for Renewable
Energy sector in India

• Atul Sanghal
• atul_at_emergent-ventures.com

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• This presentation is based on the study
  commissioned by MNRE to develop a Framework for
  Programmatic CDM for Renewable Energy in India
• The study report was available for public
  comments at http//www.mnes.nic.in/cdm-rea-mnre.ht
  m . Comment period is over on 24th March 2009.

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Content

• CDM Programme of Activities (PoA)
• Highlights PoA
• Key implementation steps in a PoA
• PoA/ CPA registration process
• Key issues with PoAs
• CDM PoA Projects under validation
• PoA impact on Public Policy
• Study details

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CDM - Programme of Activities (PoA)

• Programme of Activities is
• A voluntary action,
• Implementing a policy, measure or stated goal,
• Coordinated by a public or private entity,
• Resulting in emission reductions or removals that
  are additional.
• Local/regional/national policy or standard cannot
  be considered as a clean development mechanism
  project activity, but
• Project activities under a programme of
  activities can be registered as a single clean
  development mechanism project activity

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HighlightsPoA

• Programme life for 28 years (60 years for AR
  programmes)
• Each CPA crediting period either 10 or 21 years
  but limited to remaining life of PoA
• CER registered/ issued in the name of managing
  entity and distributed among the participants
  according to contract
• Methodology/ technology measure type used is same
  for all CPAs
• Only one methodology can be applied for CPAs
  development
• Change in methodology applies to new CPAs only
• Key Documents
• CDM-PoA DD
• CDM-CPA-DD (generic)
• CDM-CPA-DD (specific)

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Key implementation Steps in a PoA

• Identify managing entity
• Define boundary
• Describe measure
• Define eligibility criteria
• Define additionality criteria
• Monitoring Sampling/ each CPA
• Registration fee
• Based on expected annual CERs at the time of PoA
  registration
• Paid by Managing entity
• New CPA inclusions dont attract registration fee

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PoA/ CPA Registration process
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Key Issues with PoAs
Based on UNFCCC call for public inputs on CDM
PoA. http//cdm.unfccc.int/public_inputs/2008/PoA/
index.html
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CDM PoA Projects under validation
For methodology description
http//cdm.unfccc.int/methodologies/SSCmethodologi
es/approved.html
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PoA impact on Public Policy

• PoA may help in -
• Reducing impact of Type E plus policies which
  are Existing national and/or sectoral policies or
  regulations that give comparative advantages to
  more emissions-intensive technologies or fuels
• Promoting Type E minus policies which are
  National and/or sectoral policies or regulations
  that give positive comparative advantages to less
  emissions-intensive technologies (e.g. public
  subsidies to promote the diffusion of renewable
  energy or to finance energy efficiency programs).

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MNRE study

• Developing Framework for Programmatic CDM for
  Renewable Energy sector in India

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Objective of the study

• To increase awareness at all levels about PoA
• To understand technicalities of PoA
• To develop a framework for taking up CDM PoA in
  identified renewable energy areas
• To serve as a policy document for guiding project
  promoters to take up renewable energy projects
  under CDM PoA.

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Identifying the Priority Sector
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Scope of the study
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Opportunities and baseline
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Model framework
Implementing Entity/ CPA operator
Number of models can be created under each class.

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Model framework..
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Model framework ..
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Model framework.
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Model framework.
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Conclusion

• CDM PoA cycle includes a number of stakeholders
  and process facilitators.
• Role of each of them has unique importance.
• Various models can be framed based on a number of
  criteria, including who takes risk in a PoA.
• Seven models have been suggested in the report.
• These models are not the only possible ones.
  Other models can also be created and many
  variants can be prepared based on local and
  regional needs.

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About EVI

• Emergent Ventures India (EVI) is one of the
  leading carbon advisory firms in India, promoted
  by IDFC private equity
• EVI is a network of professionals with expertise
  in CDM, technology and finance. We manage a
  portfolio of gt 75 million carbon credits (125
  projects 26 already CDM registered operating in
  10 countries)
• EVI works across a number of sectors such as
  renewable energy, waste management, prevention of
  HFC-23 PFC, energy efficiency, WHR,
  transportation and forestry.
• We provide a complete, end to end solution for
  your carbon management

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Thank You
Atul Sanghal Chief Consultant- Carbon Advisory
Business Emergent Ventures India

• Plot No. 19, Sector 33, Gurgaon, Haryana
• Tele-fax- 91 124 410 2980
• E-mail atul_at_emergent-ventures.com
• www.emergent-ventures.com