Promoting Energy Access Projects under the Clean Development Mechanism : Standardized Baselines and Suppressed Demand
New concepts under the Clean Development Mechanism (CDM), namely standardized baselines and suppressed demand, should facilitate the implementation of CDM energy access projects, particularly in Least Developed Countries (LDCs), by reducing transac...
Main Authors: | , , , , |
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Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2014
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2011/01/18666524/promoting-energy-access-projects-under-clean-development-mechanism-standardized-baselines-suppressed-demand http://hdl.handle.net/10986/16967 |
Summary: | New concepts under the Clean Development
Mechanism (CDM), namely standardized baselines and
suppressed demand, should facilitate the implementation of
CDM energy access projects, particularly in Least Developed
Countries (LDCs), by reducing transaction costs and
reflecting the real emission reductions achieved.
Governments and authorities in LDCs can play a prominent
role in making these new CDM opportunities available. The
improvement of the regulatory framework can facilitate the
development of innovative carbon-based financing schemes
required for successful scaling-up of CDM energy access
projects in LDCs. The main purpose of this paper is to
outline how the new CDM concepts of standardized baselines
and suppressed demand may be used to promote energy access
projects under the CDM, in the context of new and expanded
role of host country Designated National Authorities (DNAs).
In the process, the paper also identifies challenges in the
use of these concepts and opportunities for further
simplification. By way of illustration, one specific energy
access technology, solar home systems, is analyzed in
detail. The paper is organized as follows: chapter one is
introduction; chapter two provides an overview of the
current status of CDM projects in LDCs; chapter three
introduces energy access projects in LDCs; chapter four
outlines new approaches under the CDM for energy access
projects; chapter five goes into the challenges for the
application of standardized baselines in LDCs; and chapter
six gives recommendations on implementing the new CDM concepts. |
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