6 March 2013 – The Kyoto Protocol’s clean development mechanism (CDM), the international market-based tool that incentivises greenhouse gas emission reduction projects in developing countries, has now registered more than 100 Programmes of Activities (PoAs).
Under PoAs, an unlimited number of similar project activities, over a wide area or region, can be administered under a single programme umbrella. They are particularly suited to small-scale or micro-scale projects. After a PoA is registered, similar projects can be added over time without the need to register each one individually, reducing transaction costs and making the CDM more attractive and more accessible to least developed countries (LDCs).
“For most LDCs, especially in Africa, single CDM projects are often too small to be viable,” Peer Stiansen, chair of the CDM executive board, says. “The recent growth in numbers shows that PoAs are overcoming this barrier and extending the benefits of the CDM to regions not previously able to take advantage of the mechanism.”
Since the PoA procedures were adopted by the CDM Executive Board in 2007, 116 have been registered in 42 countries and more than 250 are currently in the PoA pipeline. Of the active PoA projects, 60% have entered the pipeline since the beginning of 2012.
More than 25% of all registered PoAs are located in Africa, compared to just 2% of regular CDM projects. The top three project types for PoAs are household energy efficiency projects (20%), small-scale solar projects (19%) and methane avoidance projects (18%).