18 September, Thursday Presented by : Laurie B. Navarro President, AED-P

BARRIERS TO CDM FINANCINGBARRIERS TO CDM FINANCING Climate Change Information Center

Manila Observatory Ateneo de Manila Campus

Loyola Heights, Quezon City

18 September, Thursday

Presented by: Laurie B. Navarro

President, AED-P

RE Technology Development Process

Pre-Feasibility

Study

DetailedFeasibility

Study

DetailedEngineering

Design

Construction/Installation

Commissioning& Operation

CDMProcess

Phase I. Barriers to Bringing Projects to Actual Implementation (Construction, Commissioning

and Operation) Ready for CDM

1. Lack of processed site-specific resource and market data as basis for private sector interest

Pre-Feasibility

Study

DetailedFeasibility

Study

DetailedEngineering

Design



CDMProcess

1 1



2. Lack of packaged pre-feasibility study as basis for private sector interest to pursue detailed FS

Pre-Feasibility

Study

DetailedFeasibility

Study

DetailedEngineering

Design



CDMProcess

1 1, 2



3. Lack of packaged feasibility study as basis for private sector interest to pursue actual project

Pre-Feasibility

Study

DetailedFeasibility

Study

DetailedEngineering

Design



CDMProcess

1 1, 2 3



4. Lack of local financing facilities for FS and actual project implementation with ‘appropriate terms and conditions’

Pre-Feasibility

Study

DetailedFeasibility

Study

DetailedEngineering

Design



CDMProcess

1 1, 2, 4 3, 4



5. Absence of institutionalized support for access to low-cost foreign financing for main project implementation

Pre-Feasibility

Study

DetailedFeasibility

Study

DetailedEngineering

Design



CDMProcess

1 1, 2, 4 3, 4, 5



6. Facility for accessing government subsidy for RE systems intended for missionary areas not yet operational

Pre-Feasibility

Study

DetailedFeasibility

Study

DetailedEngineering

Design



CDMProcess

1 1, 2, 4 3, 4, 5, 6

Phase II. Barriers to Bringing Projects to the CDM Market

Kyoto Protocol not yet ratified

CDM National Authority not yet in place (although there are existing mechanisms to access CDM market)

Lack/Absence of local financing/financing scheme for doing PDD

Difficult access to baseline data needed for doing PDD

Phase II. Barriers to Bringing Projects to the CDM Market

High transaction cost of validation/registration till verification of CDMable projects and lack of access to potential funding mechanisms to cover such costs particularly if incurred before project generates sufficient income

Absence of institutionalized support for linking CDMable projects to potential sources of funding of transaction costs and buyers of CERs

Thank you.Laurie B. NavarroPresident, AED-P

Alternative Energy Development-PhilippinesTel- 9103008;6385529

Fax:6373003Visit us at http://www.aed-p.com.ph

18 September, Thursday Presented by : Laurie B. Navarro President, AED-P

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Transcript of 18 September, Thursday Presented by : Laurie B. Navarro President, AED-P