Advanced Brazilian Beehive Kiln - the Katoomba Group
Advanced Brazilian Beehive Kiln - the Katoomba Group Advanced Brazilian Beehive Kiln - the Katoomba Group
Factors influencing CDM CarbonMarket Development• OECD will miss targets by 20-30% if no action is taken• Published Marginal Abatement Cost estimates insideOECD: $67-$584/ton C. But this likely under-estimates“low hanging fruit” in US and less energy-efficient OECDeconomies• Clearing price with full trade: $20-50/ton C. $20/t/C ismore realistic• Dutch Study: CDM/developing country “technical” supplypotential is 1.6 billion tons at up to $22/t/Carbon• Developing Country Capacity Constraints will limitvolume of of supply• CDM project cycle transaction costs and possible8additionality requirements are key factors in cost of supply
• Does CDM create a new “sovereigncommodity” market regulated by the Protocolor a project-based facility like GEF with exantereview and clearance of each transaction• For CDM to meet Technology Transfer andSustainable Development goals requires– high volume private investment– risk management and profit opportunity through activesecondary market– ‘ex post’ market-based regulation rather than ‘ex ante’project by project review, ie Low transaction costs– fungibility and transferability of emission reductionsCompeting CDM Models andCarbon Market Development
- Page 1 and 2: Katoomba Working Group IIINEW MARKE
- Page 3: Informal Market Drivers onCorporate
- Page 7 and 8: Engaging the Private Sector• Priv
- Page 9 and 10: Need for Intermediationfor Small pr
- Page 11 and 12: Carbon Market ObservationsValue of
- Page 13 and 14: Results of Poor Land Management in
- Page 15 and 16: Carbon price scenarios and its pote
- Page 17 and 18: Clean Development MechanismOpportun
- Page 20 and 21: Features of the PCF• Portfolio or
- Page 22 and 23: Governments: (6)Participants($145 m
- Page 24 and 25: Current PCF Portfolio andFocus• p
- Page 26 and 27: PCF In Brazil• Letter of intent t
- Page 29 and 30: Improved Brazilian Brick Kiln: < 2m
- Page 31 and 32: Annexes
- Page 33 and 34: Impact of lack of transferability
- Page 35 and 36: Host Country CommitteeMembersJoined
- Page 37 and 38: Convention Objectives and Developme
• Does CDM create a new “sovereigncommodity” market regulated by <strong>the</strong> Protocolor a project-based facility like GEF with exantereview and clearance of each transaction• For CDM to meet Technology Transfer andSustainable Development goals requires– high volume private investment– risk management and profit opportunity through activesecondary market– ‘ex post’ market-based regulation ra<strong>the</strong>r than ‘ex ante’project by project review, ie Low transaction costs– fungibility and transferability of emission reductionsCompeting CDM Models andCarbon Market Development