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CDM Official and standardized definition Require registration Generate carbon offsets Standardized MRV Additionality criterion NAMA No official definition No registration required Uncertainty about crediting NAMAs MRV varies according to funding sources Reducing GHG emissions beyond the BAU
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DepartamentoNacional de Planeaciónwww.dnp.gov.co
Colombia: from CDM to NAMAsSebastian Lema Low Carbon Resilient Development Program -USAID Colombia
CDM
Official and standardized definition
Require registration
Generate carbon offsets
Standardized MRV
Additionality criterion
NAMA
No official definition
No registration required
Uncertainty about crediting NAMAsMRV varies according to funding sourcesReducing GHG emissions beyond the BAU
Capacity building from CDM
•Regulatory framework•Fiscal incentives to promote CDM
•Creation of the Climate Change Mitigation Group
•National government goals to promote mitigation projects
•CDM developers•Baselines and methodologies for mitigation
•Appropriation of new technologies Carbon pricing
2006 2007 2008 2009 2010 2011 2012 2013 20140
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Colombian CDM registered projects
Current status of NAMAs
• 30+ NAMAs initiatives• Interest from public and private sector• No legal framework or official definition for
NAMAs• Uncertinty about crediting NAMAs and carbon
markets• Local capacities to formulate and implement
mitigation projects
Next steps
• Establish an “official” definition for NAMAs• Create a national registration system for
NAMAs• Create a MRV system for NAMAs• Define national government goals related to
NAMAs implementation and formulation
Tel. (+57 1) 3815000Calle 26 13-19 Piso 8Bogotá - Colombia
Sebastian [email protected]
www.dnp.gov.co
