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A presentation covering the basics and possible scenarios of NAMA MRVs

A presentation covering the basics and possible scenarios of NAMA MRVs

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  • TNA = Tech Transfer Nat Assessment NAPA = National Adaptation Programmes of Action
  • NAMA definition refers to a set of policies and actions countries undertake as part of a commitment to reduce greenhouse gas emissions. recognizes common but differentiated responsibilities and respective capabilities. emphasizes financial assistance from developed countries to developing countries to reduce emissions. NAMA classification - 3 types Unilateral NAMAs financed and implemented domestically Supported NAMAs receive international financial and/or technical support Credited NAMAs general offset credits that can be sold on the carbon market Eligibility criteria for which NAMAs can receive international funding have not been defined Additionality of an action is central but extremely difficult to predict what mitigation actions will not be implemented without external support Instead of rigid definitions for additionality, developing countries could make a decision on which actions will require international support and on this basis apply for support. Donor countries will apply their own criteria and priorities for funding.
  • NAMA Bonds: - Morgan Stanley and IETA; putting in guarantees to encourage private participation
  • South Africa is one of the world’s most emissions-intensive economies, emitting about 400-million tons of CO2 a year, representing about 1% of global emissions. According to the recent Climate Change Summit, South Africa has committed internationally to stabilising greenhouse gas emissions by between 2020 and 2025, plateauing for ten years and then decreasing. CCS forms part of the mitigation measures addressed in the Long Term Mitigation Scenario (LTMS) planning of the Department of Environmental Affairs and Tourism. As a result of the findings of the LTMS study and the potentially significant reduction of the country's carbon dioxide footprint through CCS, the South African government has declared CCS a national research priority. The success of CCS in South Africa will ultimately depend on the degree of confidence the scientific community has in the country’s potential for carbon dioxide storage. This, in turn, will hinge on the development of the human capacity needed to truly understand the risks and opportunities of CCS In order to develop both this required human and technical capacity, a number of national and international stakeholders identified the need to establish and support a national CCS research centre. The centre is a Private/International/Public Partnership and financed from local industry, government and international sources The ultimate goal of the research centre is to demonstrate this technology in South Africa by means of a carbon dioxide injection experiment and ultimately a demonstration plant by 2020