India is a Party to the United Nations Framework Convention on Climate Change (UNFCCC) and the objective of the Convention is to achieve stabilization of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system.To strengthen the developed country commitments under the Convention, the Parties adopted Kyoto Protocol in 1997, which commits developed country Parties to return their emissions of greenhouse gases to an average of approximately 5.2% below 1990 levels over the period 2008-12...
Change in the Definition of Forest
Important announcement CDM EB 41:
The Project Proponents/ Developers and CDM Consultants are requested to follow the CDM Executive Board reports (including Annexes) regularly. In particular attention is drawn towards Annex-46 of CDM EB 41st report, which states as follows for ‘New Project Activities’.
The Board decided that for project activities with a starting date on or after 02 August 2008, the project participant must inform a Host Party DNA and/or the UNFCCC secretariat in writing of the commencement of the project activity and of their intention to seek CDM status. Such notification must be made within six months of the project activity start date and shall contain the precise geographical location and a brief description of the proposed project activity. Such notification is not necessary if a PDD has been published for global stakeholder consultation or a new methodology proposed to the Executive Board before the project activity start date.
When validating a project activity with a start date on or after 2 August 2008 DOEs shall ensure by means of confirmation from the DNA or UNFCCC secretariat that such a notification has been provided. If such a notification has not been provided the DOE shall determine that the CDM was not seriously considered in the decision to implement the project activity.
Additionally for project activities for which a PDD has not been published for global stakeholder consultation or a new methodology proposed or request for revision of an approved methodology is requested, every subsequent two years after the initial notification the project participants shall inform the DNA and/or the UNFCCC secretariat of the progress of the project activity.
NCDMA Decision-February 2008
Extract of the Fortieth Meeting Executive Board of the Clean Development Mechanism for Developing Indian Project.
The Board noted that many proposed CDM project activities in the energy sector in India seek to demonstrate additionality by means of investment analysis applying a benchmark of 16%, which is based on tariff orders published in accordance with the Central Electricity Regulation Commission. The Board is concerned with the use of this value as a benchmark for proposed CDM project activities, as this value is used in tariff determination for CDM projects and for non-CDM projects. Therefore the Board is of the view that this value is not a suitable benchmark.