Climate Change Governance

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Climate Change Governance Basics as Understood by me

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  • For Example 700 days from CDM registration to first CER issuance. 600 days from PIN to Registration
  • Climate Change Governance

    1. 1. Climate Change Governance Three pillars a.Governments b.Institutions c.Markets 1
    2. 2. Climate Change Governance• When one fails other compensates• When one fails it either self corrects and evolves with new attributes. Or depends on the other for a change.• The cycle should repeat it self. 2
    3. 3. Why we (consistently) Fail Institutional Failure  Participation  Sophistication / Time Blame? Democracy? Inclusively?  Inequalities  Me first attitude! 3
    4. 4. Why we (consistently) Fail Government Failure  ImplementationTimely & Suitable policy intervention  Representation  Credibility 4
    5. 5. Why we (consistently) Fail Market Failure Transparency  Uniform trading platform / exchange  Pricing  Demand for Credits For E.g. Currently 60 % emissions of India is from Power, Steel, Aluminum, Cement, Paper & Fertilizers 5
    6. 6. Steps is CDM Inspiration – Visit various URLs / Consultants - Search for Buyer / Partner - Cost & Benefit Analysis - Proceed with the following For Example 700 days from CDM registration to first CER issuance. 600 days from PIN to Registration. Average CER Spot Price is 12 EurosPIN / PCN & PDD Development Project Developers / Consultant Host Country Approval GOI / MOEF i.e. DNA Validation DOE Registration CDM EB Implementation Project Developers Monitoring Project Developer + DOE Verification DOE Certification CDM EB Issuance of CERs CDM EB 6

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