Carbon Market at a glance - World Banksiteresources.worldbank.org/INTBOSNIAHERZ/... · PPT file ·...

20
Kyoto Protocol and Carbon Kyoto Protocol and Carbon Market Market Dr. Venkata Ramana Putti Workshop on Carbon Finance Sarajevo, Bosnia-Hercegovina April 17, 2009

Transcript of Carbon Market at a glance - World Banksiteresources.worldbank.org/INTBOSNIAHERZ/... · PPT file ·...

  • Kyoto Protocol and Carbon Market

    Dr. Venkata Ramana Putti

    Workshop on Carbon Finance

    Sarajevo, Bosnia-Hercegovina

    April 17, 2009

  • Earths climate is warming and human activities are primarily responsible (>90% certainty)

    280 to 430ppm concentration between 1850 and 2000 (0.5-0.8oC increase)

    550ppm likely by 2035 with

    77-99% chance of 2oC increase

    50% chance of 5oC increase

    Climate Change

  • Global Warming Potential

    Carbon Dioxide (CO2)01

    Methane (CH4)21

    Nitrous Oxide (N2O)310

    Perflurocarbons (PFC)6500Hydroflurocarbons (HFC)11700Sulfur Fluoride (SF6)23900

    Greenhouse Gases

    Chart2

    55

    19

    9

    16

    1

    Volume of GHGs

    Sheet1

    CO2 (F&C)55

    CO2 (LULUCF)19

    N2O9

    Methane16

    High GWP1

    Sheet1

    0

    0

    0

    0

    0

    Volume of GHGs

    Sheet2

    Sheet3

    Sheet4

    Sheet5

    Sheet6

  • Distribution of GHG Emissions

    Red -- % contribution (2004); Blue tCO2/capita (2000)

    Chart3

    17

    14

    3

    26

    13

    19

    8

    GHG Emissions by Sector

    Sheet1

    CO2 (F&C)55

    CO2 (LULUCF)19

    N2O9

    Methane16

    High GWP1

    Forestry17

    Agriculture14

    Waste3

    Energy Supply26

    Transport13

    Industry19

    Buildings8

    Sheet1

    0

    0

    0

    0

    0

    Volume of GHGs

    Sheet2

    0

    0

    0

    0

    0

    0

    0

    Sheet3

    Sheet4

    Sheet5

    Sheet6

    Chart4

    22.224.09

    18.43.05

    14.710.74

    5.612.91

    4.91.34

    4.69.65

    GHG Emmisions by Country

    Sheet1

    CO2 (F&C)55

    CO2 (LULUCF)19

    N2O9

    Methane16

    High GWP1

    Forestry17

    Agriculture14

    Waste3

    Energy Supply26

    Transport13

    Industry19

    Buildings8

    USA22.224.09

    China18.43.05

    EU14.710.74

    Russia5.612.91

    India4.91.34

    Japan4.69.65

    Sheet1

    0

    0

    0

    0

    0

    Volume of GHGs

    Sheet2

    0

    0

    0

    0

    0

    0

    0

    GHG Emmisions by Country

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    Sheet3

    Sheet4

    Sheet5

    Sheet6

  • Potential Impacts

  • Ultimate objective of stabilizing global greenhouse gas concentrations in the atmosphereDeveloped countries (Annex I countries) aim to restore GHG emissions to 1990 levels Support capacity building in, and facilitate technology transfer to developing countries to mitigate, and to adapt to climate change Meet as a Conference of Parties annually, to monitor progress

    UN Framework Convention on Climate Change

  • AVG: 1990 - 5.2%

    GHG Emissions ton/ year

    1990:

    Base Year

    2012

    2008

    First Commitment

    Period: 2008-2012

    BUSINESS AS USUAL Emissions

    The Demand:

    Kyoto Projects EU ETS Allowances

    Kyoto Protocol

    38 Developed Countries and Economies in Transition (Annex I countries) took on reduction commitments in 1997

  • Carbon Market Components

    Market Transaction TypeCredit type RegimeRegulatoryAllowance-basedAAU(Assigned Amount Units)International Emissions TradingEUA(EU Allowance) EU-EmissionsTrading SchemeProject-basedERU (Emission Reduction Unit)Joint ImplementationCER(Certified Emission Reduction)Clean Development Mechanism Voluntary Mainly project-basedVER (Verified Emission Reduction)Voluntary projects

  • CDM, Art. 12 KP:

    Defined: credit for emission reduction (CERs) from investments in developing (non-Annex I) countries

    Objectives:

    To promote sustainable development in developing countriesTo assist Annex I countries in meeting their emission reduction targets in cost-effective manner

    Certified Emission Reductions (CERs) must:

    Create real, measurable, and long-term benefits related to the mitigation of climate change. (Art. 12.5b)Be additional to any that would occur in the absence of the certified project activity. (Art. 12.5c)

    Emission Reductions must: be verified by designated operational entity (DOE)

    Clean Development Mechanism

  • Non-Annex I Country

    Annex I

    Country

    Funding

    Technology

    Projects to reduce GHG emissions

    Certified Emission

    Reduction (CER)

    Emission reduction compared to an existing baseline

    Clean Development Mechanism

  • For Buyers (Annex I countries)Compliance targetsSustainable developmentFor Sellers (Non-Annex I Countries)Contribute to sustainable developmentFacilitate technology transferImprove financial returns

    Key Market Drivers

  • CDM Status (02/04/09)

    RegisteredRequestedPipelineProjects155049>2600Total CERs1520m30m>1350mAnnual CERs280m8.8m

  • Carbon Market Growth

    7,4 US$B: CDM in 07

  • Carbon Price during Economic Crisis

    Sources: ECX & Bluenext

    Spot EUA and sCER ( per tCO2e)

  • Volume of carbon transacted (GtCO2e)

    50 GtCO2e per year needed by 2050.

    Current carbon trading is 4 GtCO2e but actual volume of reduction barely half of that amount as the market includes large trade in permits (quotas repeatedly changing hands).

    Enormous gap between effort needed and current volumes.

    Dramatic emission reductions required. Otherwise emissions and temperature will rise to unacceptable levels.

    Stabilization at 550 ppm CO2e by 2050 needs emissions to go down 60% from business-as-usual.

    Mitigation efforts over the next two to three decades will be critical.

    Effort required to stabilize emissions by 2050 (GtCO2e)

    Source: Stern, 2007

    Dramatic Reduction Needed by 2050

    GHG vs CDM

    0.170.0070699136

    0.030.1437549097

    0.260.6967792616

    0.130.0018329406

    0.080.0047132757

    0.190.1008117308

    0.140.0450379681

    Sources of GHG emissions

    Type of CDM projects

    Volume traded

    0.008490.097960.00910.01071

    0.3210.3510.0110.027

    1.1040.5620.0160.063

    2.0610.7910.0410.09

    2.61.233960.063960.20952

    EU ETS

    CDM

    JI

    Other

    G tCO2e transacted

    Sheet1

    Sources of GHG emissionsType of CDM projects

    Land use, Land-use change and Forestry17.0%0.7%

    Waste3.0%14.4%

    Energy supply26.0%69.7%

    Transportation13.0%0.2%

    Residential and Commercial buildings8.0%0.5%

    Industry19.0%10.1%

    Agriculture14.0%4.5%

    Total100.0%100.0%

    EU ETSOtherTotal allowancesPrimary CDMSecondary CDMJIOther compliance, voluntary and retailTotal project-based transactions

    20048.497.7916.2897.000.969.102.92109.98

    2005321.007.00328.00341.0010.0011.0020.00382.00

    20061,104.0030.001,134.00537.0025.0016.0033.00611.00

    20072,061.0048.002,109.00551.00240.0041.0042.00874.00

    20082,600.00144.002,744.00859.56374.4063.9665.521,363.44

    EU ETSCDMJIOtherTotal

    20040.010.100.010.010.13

    20050.320.350.010.030.71

    20061.100.560.020.061.75

    20072.060.790.040.092.98

    2008 (forecast)2.601.230.060.214.11

    Sheet2

    Sheet3

    Sheet4

    Sheet5

    Sheet6

  • Uneven regional focus; China, India and Brazil = 85% of CDM market share;Just 16 projects in ECA = 4 Armenia, 1 Goergia, 3 Cyprus, 4 Moldova, 4 UzbekistanReductions from reforestation and avoided deforestation largely absent.Many countries with high emissions have relatively low presence in carbon markets.

    2. Many countries are under-penetrated even

    relative to their emissions

    1. Location of CDM projects

    (percentage of volume, 2007)

    Significant Potential Yet to Tapped in CDM

    Working Draft - Last Modified 3/21/2008 11:01:43 AM

    Printed 03/21/2008 10:09:22 AM

    Today: Many developing countries and sectors have been left outside

    the carbon markets

    Source:UNEP, WRI, team analysis

    Many countries are under-penetrated relative to emissions

    Smaller emissions reduction opportunities have been under-tapped

    Land use has played a minimal role in the CDM pipeline

    Three developing countries have captured >75% market share

    CDM activity by country, mid-2007

    Mt CO2e/year

    *

    *

    *

    *

    *

    *

    * MtCO2

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    .

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    *

    Distribution of project sizes

    Percent of total CER volume in pipeline*, by project size (kT CO2)

    Share of total CER production, by country

    Percent of total CER volume in pipeline

    * (Mt CO2e p.a.)

    Share of total CER production, by project type

    Percent of total CER volume in pipeline

    13

    37

    46

    59

    17

    18

    31

    28

    23

    13

    16

    0

    2

    4

    6

    8

    10

    12

    14

    16

    18

    050100150200250300350400450500550

    9

    23

    7

    13

    100

    47

    6

    6

    5

    3

    3

    3

    6

    68

    10

    11

    11

    8

    6

    5

    13

    36

  • Forestry is barely visible in CDM

    Agreement reached at Bali to move forward on Reduced Emissions from Deforestation and Degradation (REDD), providing opportunity for countries with tropical forests to join the carbon markets.

    Required now: build capacity to measure and verify emissions associated with forests and bring these assets to market as soon as international regulatory framework is in place.

    64% of 2007 contracts for clean energy

    Building on success to scale up

    Programmatic approaches will enable scaling up/extending to interventions in key development sectors (energy, appliances, waste management, transport, and newer technologies). Approaches compatible with financing provided by domestic FIs need special attention.

    Opportunities for Scale-up and Extension

    Chart1

    0.1740.0070699136

    Sources of GHG emissions

    Share of CDM projects

    GHG vs CDM

    0.1740.0070699136

    0.0280.1437549097

    0.2590.6967792616

    0.1310.0018329406

    0.0790.0047132757

    0.1940.1008117308

    0.1350.0450379681

    Sources of GHG emissions

    Type of CDM projects

    Volume traded

    0.008490.097960.00910.01071

    0.3210.3510.0110.027

    1.1040.5620.0160.063

    2.0610.7910.0410.09

    2.61.233960.063960.20952

    EU ETS

    CDM

    JI

    Other

    G tCO2e transacted

    Sheet1

    Sources of GHG emissionsShare of CDM projectsEU ETS

    Land use, Land-use change and Forestry17.4%0.7%

    Waste2.8%14.4%

    Energy supply25.9%69.7%40

    Transportation13.1%0.2%

    Residential and Commercial buildings7.9%0.5%

    Industry19.4%10.1%60

    Agriculture13.5%4.5%

    Total100.0%100.0%

    Volumes traded (MtCO2e)EU ETSOtherTotal allowancesPrimary CDMSecondary CDMJIOther compliance, voluntary and retailTotal project-based transactions

    20048.497.7916.2897.000.969.102.92109.98

    2005321.007.00328.00341.0010.0011.0020.00382.00

    20061,104.0030.001,134.00537.0025.0016.0033.00611.00

    20072,061.0048.002,109.00551.00240.0041.0042.00874.00

    20082,600.00144.002,744.00859.56374.4063.9665.521,363.44

    Volumes traded (GtCO2e)EU ETSCDMJIOtherTotal

    20040.010.100.010.010.13

    20050.320.350.010.030.71

    20061.100.560.020.061.75

    20072.060.790.040.092.98

    2008 (forecast)2.601.230.060.214.11

    Physical share of market (2007)EU ETSPrimary CDMJI

    %62%22%1%Source: Point Carbon, Carbon 2008.

    Volume1.040.660.03

    Sheet1

    Sources of GHG emissions

    Share of CDM projects

    Sheet2

    Sheet3

    Sheet4

    Sheet5

    Sheet6

  • at validation or req. reg.

    registered

    issuance

    2,645 projects

    1,451 MCERs

    403 projects

    195 MCERs

    1,170 projects

    1,342 MCERs

    348 days

    328 days

    180 days

    74% to high yield projects (ind. gas)

    70% of all projects (half of volumes) have not reached registration

    DOE

    2-year

    delay

    RE and EE (70%) stuck somewhere in the pipeline

    6%

    Need for CDM Reform

    Chart5

    0.1034157328

    0.191192586

    0.1841379443

    0.5067907658

    0.0144629712

    Methods

    The282proposed new (baseline & Monitoring) methodologies sent to the Executive Board(Resubmitted methodologies are only counted once, CCS methodologies not included)Table 3:

    The Pipeline was produced by Jrgen Fenhann, UNEP Ris Centre 01-10-08, [email protected], Phone (+45)46775105InitialDaysNumberNumber

    Table 1:SubmissionDecisionDays toDecisionDays todecisionRejectionApprovalPer roundCumulative

    RoundMeth. No.TypeDescriptionAM/ACMGHG reduction/yrHost countryCredit buyerConsultantTitledate1. Mark1.Mark1. MarkEnd markEnd markEnd markRoundaverageaverageaverageSubmittedAC/ withdrawnPendingAC/ withdrawnPending

    11Biomass energyBagasse powerAM1540 ktCO2Braziln.a.ECONERGY BrasilVale Do Rosrio bagasse cogeneration15/Apr/03B8/Jun/0354A28/Nov/032271545421914680680

    12FugitiveFuel switch from coke to charcoal in steel works (=NM29=NM104=NM278)384 ktCO2BrazilIFC-Netherlands & JapanEcoSecuritiesV&M Do Brazil avoided fuel switch project15/Apr/03C8/Jun/0354261611412110790

    13CO2 captureCO2 from NH3 production used in methanol prod.229 ktCO2Trinidad & TobagoGermanyHamburg Inst. of Int. EconomicsM5000 plant in Republic of TrinidAB and Tobago15/Apr/03C8/Jun/03543198668287541011100

    14LandfillLandfill gas flaringAM2ca. 800 ktCO2Braziln.a.ICF Consulting UKSalvABor Da Bahia landfill gas project15/Apr/03B8/Jun/0354A29/Jul/0310542193473081486019160

    15LandfillLandfill gas electricityAM3ca. 300 ktCO2BrazilWB NCDFEcosecuritiesNovaGerar landfill gas to energy project15/Apr/03B8/Jun/0354A17/Oct/031855245224415981027170

    16HydroHydro Power144 ktCO2GuatamalaPCFHernan GarciaGuatamala El CanABa Hydroelectric project15/Apr/03C8/Jun/035461911853511156032230

    17HFCsBurning HFC23 from HCFC22 productionAM11400 ktCO2South KoreaJapanClimate Experts Ltd.HFCs decomposition project in Ulsan15/Apr/03B8/Jun/0354A29/Jul/031057194181241927034300

    18HydroHydro Power100 ktCO2Costa RicaCERUPTCosta Rica Institute of ElectricityPeas Blancas hydroelectric project15/Apr/03C8/Jun/0354820522735320911043410

    19Biomass energyRice husk power plant (el + steam + cement)400 ktCO2Thailandn.a.Mitsubishi SecuritiesA.T. Biopower rice husk power project15/Apr/03C8/Jun/035491811662191798052490

    110LandfillLandfill gas electricityAM10400 ktCO2South AfricaPCFPCFDurban, South Africa landfill gas to electricity15/Apr/03B8/Jun/0354A17/Oct/03185101512253641367058560

    111Biomass energyBagasse Power100 ktCO2Indian.a.SCM Sugars Limited (India)26 MW bagasse/Biomass cogenerationpower project , Koppa15/Apr/03C8/Jun/0354Average time:111802653841028060640

    112WindWind farmACM253 ktCO2JamaicaCERUPTEcoSecuritiesWigton wind farm project15/Apr/03B8/Jun/0354Con3/Sep/04507Initial5412174326226734063680

    114Biomass energyRice husk power plant (Combined with NM9)400 ktCO2Thailandn.a.Mitsubishi SecuritiesA.T. Biopower rice husk power project15/Apr/03C8/Jun/0354Rejection54131623003681156068740

    115Biomass energyRice husk power plant (Combined with NM9)400 ktCO2Thailandn.a.Mitsubishi SecuritiesA.T. Biopower rice husk power project15/Apr/03C8/Jun/0354Approval21914235320308231210180841

    213Biogas0,65 MW biogas power from palm oil waste water27 ktCO2MalaysiaJapanEX Corporation, JapanFELDA Lepar Hilir palm oil mill, biogas project in Malaysia29/May/03C29/Jul/0361Initial61152232033761578087921

    216Fuel switchFuel switch from coal to natural gasAM8/ACM918 ktCO2ChileJapan (J-Power)MGM InternationalGraneros plant fuel switching project29/May/03B29/Jul/0361A17/Oct/03141Rejection6116182119345922589946

    317EE industryEfficiency improvement of steam use at refineryAM17100 ktCO2Chinan.a.ArmstrongSteam system efficiency improvement in refineris in Fushun, China16/Jul/03B26/Mar/04254A3/Dec/04506Approval1411717916336710361921007

    318EE supply sideNew cogeneration industrial plant using natural gasAM14115 ktCO2ChileJapan (J-Power)MGM InternationalMetrogas package cogeneration project16/Jul/03B26/Mar/04254A3/Sep/044151817418423421101101021117

    319Biomass energyRice husk power plant (only electricity, =NM9)AM4400 ktCO2Thailandn.a.Mitsubishi SecuritiesA.T. Biopower rice husk power project16/Jul/03A17/Oct/0393Initial1981918518518584311061148

    320HydroHydro Power (=NM125)70 ktCO2ColombiaJapan (J-Power)MGM InternationalLa Vuelta and La Herradura hydroelectric project16/Jul/03B26/Mar/04254C14/May/05668Rejection668201561232231236310912011

    321LandfillLandfill gas power for on site usageAM1170 ktCO2BrazilCERUPTONYXCERUPT methodology for landfill gas recovery16/Jul/03A28/Nov/03135Approval287212142223121014511012416

    422BiogasBiogas power from swine manureAM690 ktCO2ChileCanadaPoch Ambiental, ChileCH4 capture and combustion from swine manure treatment at Peralillo10/Sep/03B26/Mar/04198A14/Jun/04278221811891631036111313017

    423HydroHydro powerAM570 ktCO2MexicoPCFPCFEl Gallo hydroelectric project ( 10000

    177

    259

    755

    936

    783

    1021

    70

    55

    5

    3

    Share of projects with request for review and no review

    Share of projects that had a review

    Share of projects that was rejected

    Request registration date in the letter from the DOEs

    Review history, by year

    2004/05

    2004/05

    2004/05

    2006

    2006

    2006

    2007

    2007

    2007

    0.0071428571

    0.0571428571

    0.0071428571

    0.168161435

    0.0650224215

    0.0313901345

    0.2337434095

    0.1810193322

    0.1001757469

    Number

    Accumulated number of registered projects

    38292

    38322

    38353

    38384

    38412

    38443

    38473

    38504

    38534

    38565

    38596

    38626

    38657

    38687

    38718

    38749

    38777

    38808

    38838

    38869

    38899

    38930

    38961

    38991

    39022

    39052

    39083

    39114

    39142

    39173

    39203

    39234

    39264

    39295

    39326

    39356

    39387

    39417

    39448

    39479

    39508

    39539

    39569

    39600

    39630

    39661

    39692

    1

    1

    2

    2

    4

    5

    7

    10

    12

    16

    23

    33

    39

    63

    79

    104

    149

    171

    200

    226

    256

    280

    336

    386

    425

    472

    492

    515

    581

    650

    690

    725

    764

    780

    813

    837

    871

    900

    919

    973

    1009

    1041

    1087

    1123

    1145

    1166

    1170

    &A

    Page &P

    2012 MCERs

    Number of projects

    Number of projects

    2012 MCERs

    Expected MCERs in 2012 from Projects registered within each year

    2004/05

    2006

    2007

    2008

    203.9303312285

    63

    512.727429386

    409

    463.253154712

    428

    162.466817936

    270

    MCERs

    Accumulated expected CERs for registered projects

    38292

    38322

    38353

    38384

    38412

    38443

    38473

    38504

    38534

    38565

    38596

    38626

    38657

    38687

    38718

    38749

    38777

    38808

    38838

    38869

    38899

    38930

    38961

    38991

    39022

    39052

    39083

    39114

    39142

    39173

    39203

    39234

    39264

    39295

    39326

    39356

    39387

    39417

    39448

    39479

    39508

    39539

    39569

    39600

    39630

    39661

    39692

    2.937198

    2.937198

    3.087008

    3.087008

    41.686258

    41.909133

    42.20798208

    43.580785758

    43.832954838

    51.1359338655

    61.3673126155

    65.5395866395

    124.6038651295

    203.9303312285

    209.6075859855

    237.3431697136

    351.5682762951

    358.8839327491

    384.0425388377

    464.0868067901

    487.7064512461

    568.4989626184

    592.1366728264

    668.3772525867

    693.9159218574

    716.6577606145

    749.5642131352

    760.0126668892

    822.302836289

    898.1589033162

    964.4393018311

    989.0845078411

    1021.8534155181

    1044.6220092531

    1080.3168366811

    1098.8960703841

    1162.6757854518

    1179.9109153265

    1188.4566284085

    1242.0135624875

    1276.0784274985

    1285.7444844415

    1310.1335507695

    1319.7247442375

    1330.7959291385

    1341.1511957035

    1342.3777332625

    1 kCER= 1000 CER

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    The issuance success is the CERs issued devided by the CERs expected for the same period of time.

    If a project is verified several times, it counts as only one here.

    This is the number of CDM projects that have got CERs issued.

    Global emission in 2000 = 96 MtCO2

    Global emission in 2000: 154 MtCO2

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    This category contains both project that were withdrawn before and after they had requested registration.

    To total days do not add up because some of the "start to request" projects are not registered

    =2% of the CERs issued

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    1 kCER = 1000 CER

    Large-scale

    Small-scale

    Number of projects

    Distribution of large-scale projects versus small-scale projects in each type

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    Large-scale

    Small-scale

    Share of large-scale projects versus small-scale projects among the most active host countries

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    LDC

    LDC

    These numbers include the 2912 kCERs

    Produced before the end of 2012

    Formally, Chuo Sustainability Research Institute Co. Ltd. (CSRI)

    Issues: Netinform Newsletter

    Analysis2

    Table 3:

    Table 1:MW installed in all3967CDM projects

    Region/Country for CDM projects (No. of projects)AfforestationAgricultureBiogasBiomass energyCementCO2 captureCoal bed/mine methaneEnergy distributionEE householdsEE industryEE own generationEE serviceEE supply sideFossil fuel switchFugitiveGeothermalHFCsHydroLandfill gasN2OPFCsReforestationSolarTidalTransportWindTotalBiogasBiomass energyCoal bed/mine methaneEE own genera-tionGeothermalHydroLandfill gasSolarTidalWindTotalTable 4:Table 6:

    Latin America11765515251131910010214431591018460033176845263670144755120600211212702Wind CDM projectsHydro CDM projects

    Argentina01170000022020001110011000130471361411208CountryProjectsMWCountryProjectsMW

    Bolivia010000000000100003100100007118118India2314319China69121151

    Brazil056510010021380115200663453100073103188840401004366466China25413072India1062143

    Chile18113000000001110011171000001562645261219820Mexico111222Brazil664040

    Colombia00331100000002000962020031336225420281South Korea11320Peru161011

    Costa Rica00020000000000000220000002857469130Brazil7436Chile11526

    Cuba00000000000010000010000000222Dominican Republic3173Ecuador11258

    Dominican Republic000010000000000000000000034173173Philippines273Honduras1063

    Ecuador03140000000000000111000000121862582346Morocco270Sri Lanka1086

    El Salvador0002000000000002031000000087953683203Cyprus3188Guatamala9300

    Guatemala0022000000001001093000000018316253004348Egypt2200South Korea832

    Guyana0001000000000000000000000011010Panama181Vietnam10273

    Honduras00680000000010000100000000025139563170Mongolia150Panama12453

    Jamaica0000100000000000000000000122121Jamaica121Bhutan31134

    Mexico01073421010040010102420000000111882417675612221396Costa Rica269Others742110

    Nicaragua0011000000000001010000000265566260183Colombia120Total103733578

    Panama00000000000000000121000000114453681540Israel00

    Paraguay000200000000000001000100004200200Argentina111

    Peru0011000100001300016300000002618101161034Chile119Table 7: Sub-types: Resources, technologies, industry sectors (not all types are subdivided in sub-types)

    Uruguay0004000000000000001000000055454Nicaragua260Number of projectsMW

    Asia & Pacific3371764433105616154351728881681985816642212191450030282727408824032925380505782541786452914Vietnam130TypeSub-types used in CDM projectsAtRequestRegisteredTotalTotal

    Bangladesh000000000100000000200010004325Ecuador12validationregistration

    Bhutan00000000000000000300000000311341134Total53820434Bagasse power957711733844

    Cambodia002100000010000000000000004325BiomassPalm oil solid waste2821646285

    China112152605600822803301011691452805400254144528145282421151302411307236869EnergyAgricultural residues: other kinds924631594355

    Fiji0000000000000000010000000011010Table 5:total:Agricultural residues: rice husk79345127913

    India1132306210015135113719441207106196155022311079615327214340431911890Biomass CDM projectsNo. of projects612Agricultural residues: mustard crop014539

    Indonesia096181000132017240521110100083210020122210661CountrySolidBiogasAgricultural residues: poultry litter201331

    Lao PDR0000000001000000000000000011India30633Black liquor2169171

    Malaysia010283310000300200003590000000139122251615269Brazil10061Irrigation10010

    Mongolia000000000000100002000000014235073Malaysia3338Forest residues: sawmill waste181928284

    Nepal002000000000000001000000003301545China5222Forest residues: other221730235

    Pakistan0011000000101300020100000010252799151Indonesia1815Forest biomass13011456

    Papua New Guinea0000000000000001000000000015555Thailand1247Industrial waste20130

    Philippines11531810000010000202710100127344660442473251Chile139Gasification of biomass601710

    Singapore00120000000001000000000000410217Philippines846Biodiesel70070

    South Korea000200000110130118840081111512123210136254320758Honduras86Ethanol00000

    Sri Lanka000700000000000001000000000173686122Argentina72Landfill gasLandfill flaring36352916

    Thailand014612100000400000003100000068891893280Ecuador44total:Landfill power60437101543

    Vietnam006100000200001002420010001389407730452Sri Lanka70Combustion of MSW140014200

    Europe and Central Asia0141100020010310010660100034033000273500188471Mexico2141Gasification of MSW20136

    Armenia01001000000000000410000000731233Israel25298Composting74312897.35

    Azerbaijan0000000000000200010000000030South Africa33Biogas:Biogas flaring9751142160

    Cyprus0040000000000000000000000373188191Guatamala22457Biogas power167767241328

    Georgia000000000000001004100000006180180Colombia33HydroRun of river4773717969316603

    Kyrgyzstan0000000000000000001000000010Costa Rica20total:Existing dam27229582337

    Macedonia00010000000001000000000000234851El Salvador201037New dam225263528614482

    Malta0000000000000000001000000010South Korea20N2OAdipic acid00440

    Moldova00000000200100000010010000533Uruguay40total:Nitric acid25332600

    Tajikistan0000000000000000010000000011414Kenya2065Caprolactam10010

    Uzbekistan000000000000000000160000007Singapore21SolarSolar PV10121355

    Africa104111010214027410101450320047710297007037482802701111Nicaragua11Solar thermal electric1001100

    Congo DR0000000000000010000001000020South Africa33total:Solar water heating30030

    Egypt000100000020110001210000021164200264Cambodia1223Solar cooking402641Chart 1:

    Equatorial Guinea03030Guyana10Chemicals292114222

    Ivory Coast001000000000000000100000002413510030206Mauritius10EEPetrochemicals231103436

    Kenya0002000000001001030000000074135100176Paraguay20industryPaper8061450

    Madagascar0000000000000000010000000011515Pakistan11total:Cement625130

    Mali0000000000000000010001000028762149Nepal02169Iron & steel1002128

    Mauritius0001000000000000000000000018787Vietnam15Machinery80190

    Morocco00020000001000000020002002987078Bolivia01Textiles8111083

    Mozambique0000000000000100000000000010Peru11Electronics40265

    Nigeria00001000000000200000000000351391138Total606454Food60170

    Senegal0001000000000000001000000020Building materials903120

    South Africa003300101110041002540000002651691141Glass30142

    Tanzania1000000000000100001000000030Non-ferrous metals20130

    Tunisia0000000000000000002000000020Coke oven100118

    Uganda000100000000000002000100004121729Mining00110

    Zambia0000000010000000000000000010Construction00000

    Middle-East02420000051021340001242020015431800009110012151Metal products10010

    Iran0000000000000010000000000010Wood00000

    Israel0142000001100100000742000013331861238

    Jordan0000000000000200002000000040

    Qatar0000000000000010000000000010

    Syria0000000000000000002000000020

    United Arab Emirates01000000040021200010002000133110113Table 8: Summary of table 7 above

    World52162436093815841116936684213229132210372996582223175393967334103618310543335788071962542044667349Number of projectsMW

    AtRequestRegisteredTotalTotal

    validationregistration

    Table 2:Bagasse power957711733844

    Region/Country for CDM projects (Total 2012 kCERs)AfforestationAgricultureBiogasBiomass energyCementCO2 captureCoal bed/mine methaneEnergy distributionEE householdsEE industryEE own generationEE serviceEE supply sideFossil fuel switchFugitiveGeothermalHFCsHydroLandfill gasN2OPFCsReforestationSolarTidalTransportWindTotalPalm oil solid waste2821646285

    Latin America9345736101894312926662922008191463357909077734589244837952777763799118356443851799816100316617476422643Agricultural residues17381132945338

    Argentina0211116665000002071746090200083611332176590196333500030235033Forest biomass5321772574

    Bolivia02330000000000120000001587696002300003740Biodiesel7007

    Brazil01603210953032110400734145796163014202585194500262975667037663160331480002321188695Ethanol0000

    Chile93961729505800000000181141510061821465843860000013040436

    Colombia0041889685612900000005120001813690623360162100316616122261

    Costa Rica000371000000000000030216330000004902796

    Cuba00000000000019680000027500000002243

    Dominican Republic00005530000000000000000000017062259

    Ecuador0239109109900000000000004753485000000136697

    El Salvador00012950000000000013870204123100000004116

    Guatemala0057116200000000224004430470195300000007055

    Guyana0002080000000000000000000000208

    Honduras0079010900000000035100001404000000003635

    Jamaica00001061000000000000000000004561517

    Mexico0194041997660387022000055490019003520194161068125150000001043974177

    Nicaragua00114039200000000000196501800000007274242

    Panama00000000000000000548611650000007317383

    Paraguay000166000000000000050000330000250

    Peru00154190008500001500137800086022516000000014254

    Uruguay0006550000000000000099200000001647

    Asia & Pacific764403451221452093278501214542341237252972562693202001718816816056929647827337517511110518664317991515216811047721918322216329

    Bangladesh000000000294000000001116000530001464

    Bhutan00000000000000000160820000000016082

    Cambodia0024829300000068000000000000000608

    China42915738437095918012145400470218842605973130506181503859493129143627010645104726950013996114912480.2588091118

    Fiji0000000000000000016400000000164

    India529666816905219599002349801890965820320109985356244510783243583154676592161610181280028847302428473

    Indonesia01976305875243329000257293191020920092881625301866944941418302500039918

    Lao PDR00000000019000000000000000019

    Malaysia0106656261635331770000935002560000031936449000000066484

    Mongolia00000000000083000030200000007241109

    Nepal006970000000000000016200000000859

    Pakistan00692613400000043104135800012590493500000014085

    Papua New Guinea000000000000000183600000000001836

    Philippines194771954262554000000309000011940332476011601500582913174

    Singapore005122500000000012580000000000001534

    South Korea000365000007921501524750131400039613023673880011511044792784100587

    Sri Lanka000101900000000000001737000000002756

    Thailand0497131583601222000008110000000304074600000022075

    Vietnam009843090000066000069100038111531001000023213854

    Europe and Central Asia03773458259400020600720383116040019452158570001493000105819464

    Armenia03770059400000000000024868100000001900

    Azerbaijan0000000000000361200058000000003671

    Cyprus00345000000000000000000000010581402

    Georgia00000000000000160400133328600000003222

    Kyrgyzstan0000000000000000005130000000513

    Macedonia00082000000000218000000000000300

    Malta0000000000000000001000000000100

    Moldova00000000206007200000033900149300002110

    Tajikistan0000000000000000030500000000305

    Uzbekistan00000000000000000023957000000005940

    Africa169607495720529702068063538036330243420127209684035211957616840061325600324996569

    Congo DR00000000000000210600000054300002648

    Egypt0007160000006080108206100010422707670600000210616053

    Equatorial Guinea0

    Ivory Coast00355000000000000000566100000006016

    Kenya000622000000001340068401348000000002789

    Madagascar0000000000000000021000000000210

    Mali00000000000000000240000410000281

    Mauritius000176400000000000000000000001764

    Morocco00025600000059200000006170002560011442865

    Mozambique0000000000000228000000000000228

    Nigeria00005297000000000250260000000000030322

    Senegal0003190000000000000078400000001103

    South Africa0039417950020680483802433001797780021445691013400000023909

    Tanzania16960000000000001150000111200000002924

    Tunisia000000000000000000412500000004125

    Uganda0002480000000000000466000300000744

    Zambia0000000058800000000000000000588

    Middle-East098155126500000429193078364131641600060444153118703920020838131

    Iran000000000000001621000000000001621

    Israel056155126500000501930037860000407241531187000020815519

    Jordan000000000000023750000118500000003560

    Qatar00000000000000137480000000000013748

    Syria0000000000000000005960000000596

    United Arab Emirates04200000003790078325210470001910003920003087

    World18645061457955194405413422912572210532092324412680043932881720720263733137755060504444392572392577224785117822816110439382138222793136

    Analysis2

    Number of EE industry projects in each sector

    Regions

    Table 1:Table 2:Chart 3:Chart 4:

    Latin AmericaNumberkCER2012Chart 1:Chart 2:Latin AmericaNumberkCER2012

    Brazil31040%45%Afforestation10.1%0.0%

    Mexico18824%18%Agriculture17622.9%10.8%

    Chile567%10%Biogas557.2%2.4%

    Colombia334%5%Biomass energy15219.8%10.2%

    Argentina304%8%Cement50.7%0.6%

    Peru263%3%CO2 capture10.1%0.0%

    Honduras253%1%Coal bed/mine methane10.1%0.5%

    Ecuador213%2%Energy distribution30.4%0.0%

    Guatemala182%2%EE households10.1%0.0%

    Others618%7%EE industry91.2%1.5%

    Panama141.8%1.7%EE own generation101.3%1.9%

    El Salvador81.0%1.0%EE service00.0%0.0%

    Bolivia70.9%0.9%EE supply side101.3%1.8%

    Costa Rica81.0%0.7%Fossil fuel switch212.7%1.1%

    Nicaragua60.8%1.0%Fugitive40.5%0.6%

    Cuba20.3%0.5%Geothermal40.5%0.9%

    Dominican Republic40.5%0.5%HFCs30.4%6.6%

    Uruguay50.7%0.4%Hydro15920.7%15.1%

    Guyana10.1%0.0%20CountriesLandfill gas10113.2%28.0%

    Paraguay40.5%0.1%Chart 5:N2O81.0%10.5%

    Jamaica20.3%0.4%PFCs40.5%0.4%

    Total768100%422643Reforestation60.8%1.9%

    Solar00.0%0.0%

    Tidal00.0%0.0%

    Transport30.4%0.0%

    Wind314.0%4.1%

    Renewables40152.2%32.7%

    Agriculture17622.9%10.8%

    Landfill etc11214.6%29.7%

    Fuel switch212.7%1.1%

    Supply-side EE233.0%3.7%

    Demand-side EE131.7%1.5%

    HFC & N2O reduction152.0%17.5%

    Afforestation & Reforestation70.9%2.0%

    Total768100%99%

    --------------------------------

    Chart 6:Chart 7:Table 4:

    Table 3:Asia & PacificNumberkCER2012Chart 8:Chart 9:

    Asia & PacificNumberkCER2012Afforestation30.1%0.0%

    China144548%67%Agriculture371.2%0.2%

    India107936%19%Biogas1765.8%2.0%

    Malaysia1395%3%Biomass energy44314.6%6.6%

    Philippines732%1%Cement311.0%1.5%

    Indonesia833%2%CO2 capture00.0%0.0%

    South Korea512%5%Coal bed/mine methane561.8%5.5%

    Thailand682%1.0%Energy distribution10.0%0.0%

    Vietnam381%0.6%EE households60.2%0.1%

    Sri Lanka171%0.1%EE industry1545.1%1.1%

    Others351%2%EE OwnGeneration35111.6%11.6%

    Pakistan100.3%0.6%EE service70.2%0.0%

    Bangladesh40.1%0.1%EE supply side280.9%0.9%

    Mongolia40.1%0.1%Fossil fuel switch882.9%8.5%

    Bhutan30.1%0.7%Fugitive160.5%0.7%

    Nepal30.1%0.04%Geothermal80.3%0.4%

    Cambodia40.1%0.03%HFCs190.6%21.6%

    Singapore40.1%0.07%Hydro85828.3%16.9%

    Fiji10.0%0.01%Landfill gas1665.5%5.0%

    Papua New Guinea10.0%0.1%19CountriesN2O421.4%8.4%

    Lao PDR10.0%0.001%Chart 10:PFCs20.1%0.1%

    Total3028100%2216329Reforestation120.4%0.1%

    Solar190.6%0.1%

    Tidal10.0%0.0%

    Transport40.1%0.0%

    Wind50016.5%8.7%

    Renewables200566%35%

    Supply-side EE38013%12%

    Landfill etc2699%13%

    Demand-side EE1716%1%

    HFC & N2O reduction632%30%

    Fuel switch883%8%

    Agriculture371%0%

    Afforestation & Reforestation150%0%

    Total3028100%100%

    Chart 11:

    --------------------------------

    AfricaNumberkCER2012AfricaNumberkCER2012

    South Africa262390924.8%Afforestation11.3%1.8%

    Egypt111605316.6%Agriculture00.0%0.0%

    Morocco928653.0%Biogas45.2%0.8%

    Kenya727892.9%Biomass energy1114.3%5.9%

    Uganda47440.8%Cement11.3%5.5%

    Nigeria33032231.4%CO2 capture00.0%0.0%

    Tanzania329243.0%Coal bed/mine methane11.3%2.1%

    Ivory Coast260166.2%Energy distribution00.0%0.0%

    Congo DR226482.7%EE households22.6%0.7%

    Mali22810.3%EE industry11.3%0.4%

    Tunisia241254.3%EE OwnGeneration45.2%3.8%

    Senegal211031.1%EE service00.0%0.0%

    Mauritius117641.8%EE supply side22.6%0.3%

    Mozambique12280.2%Fossil fuel switch79.1%4.4%

    Madagascar12100.2%Fugitive45.2%28.2%

    Zambia15880.6%Geothermal11.3%0.7%

    Equatorial Guinea000.0%HFCs00.0%0.0%

    Total7796569100.0%Hydro1013.0%3.6%

    Landfill gas1418.2%20.3%

    N2O56.5%17.4%

    PFCs00.0%0.0%

    Reforestation33.9%0.6%

    Solar22.6%0.3%

    Tidal00.0%0.0%

    Transport00.0%0.0%

    Wind45.2%3.4%

    Renewables3242%15%

    Landfill etc2026%56%

    Fuel switch79%4%

    HFC & N2O reduction56%17%

    Supply-side EE68%4%

    Afforestation & Reforestation45%2%

    Demand-side EE34%1%

    Total77100%100%

    Total number of CDM+JI landfill projects231 CDM projects + 9 JI projects

    1

    1

    Where are the landfill projects in the CDM project Cycle

    1

    1

    A residue from Paper & Pulp. A mixture of lignin, water and the chemicals used.

    Including incineration

    Regions

    0.4036458333

    0.2447916667

    0.0729166667

    0.04296875

    0.0390625

    0.0338541667

    0.0325520833

    0.02734375

    0.0234375

    0.0794270833

    Number of CDM projects in Latin America by country

    Time

    Totals20032003200320032003200320032003Dec-03Jan-04Feb-04Mar-04Apr-04May-04Jun-04Jul-04Aug-04Sep-04Oct-04Nov-04Dec-04Jan-05Feb-05Mar-05Apr-05May-05Jun-05Jul-05Aug-05Sep-05Oct-05Nov-05Dec-05Jan-06Feb-06Mar-06Apr-06May-06Jun-06Jul-06Aug-06Sep-06Oct-06Nov-06Dec-06Jan-07Feb-07Mar-07Apr-07May-07Jun-07Jul-07Aug-07Sep-07Oct-07Nov-07Dec-07Jan-08Feb-08Mar-08Apr-08May-08Jun-08Jul-08Aug-08Sep-08Oct-08Nov-08Dec-08

    Sent for Validation4064517463661915798112629254964889390354051505775631411177088967791129120132130174103156141126961071151161381471281161221554064

    Registration Requested14994545364191368811242524465772807126274040424846102563954595352615660454422191342111498

    Registration Requested (cumulative)444491318212731324154606876871111361602062633354154865125395796196617097558579139521006106511181170123112871347139214361458147714901494149614971498

    Average time to submission (monthly)60968761345330926945231728137535627118122925727719730425425431028829829023921323527123022928523028226624922025325927224326623327722021214712634

    Average timelag (cumulative days)2437243724372437587483241059111519131341494115258177852265924792269572840330925370994402648756627617723395491120322140760148497156327165871174404184273197299207868231258247231256182271383287083300305311743327161341664357976368904380614385736390999393855394702394995395121395155

    Average time to submission (cumulative)264609609609609653640588549486482477434420413396374355334324305305294285290290290290286282279278275270271269270270269266266265266265265265265264264264264264

    Not Yet Submitted/withdrawn/rejected14241100201002002110024137161319913111015271739613134372439686472851308113712812294106114116138147128116122155000

    Number of projects with CERs issued4033415262187475921122134354744391021511341754363111403( in august 2005 there were 215 projects in the pipeline)

    Registration Requested but no issuance1096100013010201621323133122225363216252529394429975236485652516155604544221913421100000000001095

    Data for graph 3:

    Number of months between start comment date and host country LoA:Month-30-29-28-27-26-25-24-23-22-21-20-19-18-17-16-15-14-13-12-11-10-9-8-7-6-5-4-3-2-1012345678910111213141516171819202122232425262728293031323334No. of reg. with delay > 0

    Registration Requested (-withdrawn & rejected)No./month73111221101766581481420275087254172133118114776853353931312211131259431241111111217

    Total number of requests for registration:1498Average delay for those with delay >0:5.2Months

    Data for graph 1a:QuarterQ1-04Q2-04Q3-04Q4-04Q1-05Q2-05Q3-05Q4-05Q1-06Q2-06Q3-06Q4-06Q1-07Q2-07Q3-07Q4-07Q1-08Q2-08Q3-08Q4-08

    Under or finished Validation1445617152524661382711261823212542973824333633384133930

    Registration Requested (-withdrawn & rejected)1065414132322601272239313020415216616185192000

    Not Yet Submitted/withdrawn/rejected380232226114833521171021312213483442995000

    % requesting registrationPercentage67%82%87%92%92%91%92%82%74%71%64%60%56%42%20%5%1%0%0%0%

    Table 1:

    Review historyJan-04Feb-04Mar-04Apr-04May-04Jun-04Jul-04Aug-04Sep-04Oct-04Nov-04Dec-04Jan-05Feb-05Mar-05Apr-05May-05Jun-05Jul-05Aug-05Sep-05Oct-05Nov-05Dec-05Jan-06Feb-06Mar-06Apr-06May-06Jun-06Jul-06Aug-06Sep-06Oct-06Nov-06Dec-06Jan-07Feb-07Mar-07Apr-07May-07Jun-07Jul-07Aug-07Sep-07Oct-07Nov-07Dec-07Jan-08Feb-08Mar-08Apr-08May-08Jun-08Jul-08Aug-08Sep-08Oct-08Nov-08Dec-08TotalQ1-05Q2-05Q3-05Q4-05Q1-06Q2-06Q3-06Q4-06Q1-07Q2-07Q3-07Q4-07Q1-08Q2-08Q3-08Q4-082004/05200620072008

    Withdrawn11111112112512201.6%01010011230362002288

    Rejected211211122315223427232232121766.0%000133443013774000114574

    Registered after corrections after review312212111151411154772594.7%30200132616107900056399

    Registered after review4112511121111181.4%02002520321100002970

    Registered after corrections after request for review5138122487592618121484661975115812.5%00013851221263416311001289732

    Registered after request for review6123211323254923262111836.6%000015365187920000047360

    Registered automatically711458469181658161928479627327427134163374718102820199112416401215121185167.3%613199263621338114756485167140013033930281

    Total finished by EB, that have requested registration102000652948919175917193662121052528037264282499629266841442425362672232215110000001265100.0%91621957284184105227123109871171700141445546134

    Share of projects with request for review and no review0%0%0%0%0%0%0%0%0%0%0%0%0%5%0%0%0%0%11%13%17%30%42%29%5%18%38%0%15%18%18%14%35%28%42%33%33%18%18%21%22%19%6%2%0%0%0%0%0%0%0%0%0%0%0%1%6%15%22%16%17%26%36%19%15%1%0%0%1%17%23%9%

    Share of projects that had a review0%0%50%0%0%0%33%0%50%11%0%25%0%0%0%2%6%0%11%11%8%10%6%10%1%8%8%2%9%4%31%17%27%27%7%18%22%32%11%7%9%11%1%0%0%0%0%0%0%0%0%0%38%13%10%1%7%11%5%6%17%25%15%16%6%0%0%0%6%7%18%4%

    Share of projects that was rejected0%0%0%0%0%0%0%0%0%0%0%0%0%0%0%2%6%0%6%2%8%10%4%4%0%8%4%0%6%4%23%14%8%10%5%6%7%7%8%7%1%6%1%0%0%0%0%0%0%0%0%0%0%0%0%1%4%4%2%4%13%10%6%7%2%0%0%0%1%3%10%1%

    Percentage of all projects that were registered automatically100%0%50%100%100%100%67%100%0%89%100%75%100%95%94%98%94%100%78%76%75%60%52%62%93%71%50%98%77%74%48%62%38%39%47%39%33%39%63%57%46%33%19%20%6%4%0%0%0%0%0%0%75%81%90%97%88%74%72%76%64%44%40%54%33%14%0%0%93%76%53%24%

    No final EB decision yet after review request81123253322151355346415100000001331078344000123127

    No request for review9211101932428000000000000024038000080

    Total requesting registration1020006529489191759171936621210525280382642825098292671434927283828873679601724324200014968162195728418410623012611994202101380140446569341

    Days from request registration to registration761526914519589627266975168538886807478776968103112831008010789160153132144166157117112118961281306091101

    Month of registartionJan-04Feb-04Mar-04Apr-04May-04Jun-04Jul-04Aug-04Sep-04Oct-04Nov-04Dec-04Jan-05Feb-05Mar-05Apr-05May-05Jun-05Jul-05Aug-05Sep-05Oct-05Nov-05Dec-05Jan-06Feb-06Mar-06Apr-06May-06Jun-06Jul-06Aug-06Sep-06Oct-06Nov-06Dec-06Jan-07Feb-07Mar-07Apr-07May-07Jun-07Jul-07Aug-07Sep-07Oct-07Nov-07Dec-07Jan-08Feb-08Mar-08Apr-08May-08Jun-08Jul-08Aug-08Sep-08Oct-08Nov-08Dec-08Q1-05Q2-05Q3-05Q4-05Q1-06Q2-06Q3-06Q4-06Q1-07Q2-07Q3-07Q4-07Q1-08Q2-08Q3-08Q4-082004/05200620072008Total

    Number of registered projects each month112123247106241625452229263024565039472023666940353916332434291954363246362221446134086771101361091448887109114470634094282701170

    Accumulated number of registered projects112245710121623333963791041491712002262562803363864254724925155816506907257647808138378719009199731009104110871123114511661170117011701170

    Expected 2012 MCERs from new registered projects each month0000000000300039001071045979628114725802481247626233310627666253323361964179543410241011101000422181431481131281251061679110096442302045134631621342

    Accumulated 2012 MCERs from registered projects33334242424444516166125204210237352359384464488568592668694717750760822898964989102210451080109911631180118812421276128613101320133113411342134213421342

    Table 2:

    CountryNo. projectsDec-03Jan-04Feb-04Mar-04Apr-04May-04Jun-04Jul-04Aug-04Sep-04Oct-04Nov-04Dec-04Jan-05Feb-05Mar-05Apr-05May-05Jun-05Jul-05Aug-05Sep-05Oct-05Nov-05Dec-05Jan-06Feb-06Mar-06Apr-06May-06Jun-06Jul-06Aug-06Sep-06Oct-06Nov-06Dec-06Jan-07Feb-07Mar-07Apr-07May-07Jun-07Jul-07Aug-07Sep-07Oct-07Nov-07Dec-07Jan-08Feb-08Mar-08Apr-08May-08Jun-08Jul-08Aug-08Sep-08Oct-08Nov-08Dec-08TotalQ1-04Q2-04Q3-04Q4-04Q1-05Q2-05Q3-05Q4-05Q1-06Q2-06Q3-06Q4-06Q1-07Q2-07Q3-07Q4-07Q1-08Q2-08Q3-08Q4-0820042005200620072008Total

    Latin America00000000000300053435312123667166172120231626815161323262038381920108101712201417921181512141117161462031120007683121115152958653962964935464745423663041167246173141768

    Argentina000000000000000000010000000001011210000100101100002023001011111030120000300010012301212512333016410930

    Bolivia000000000000000000001000000010001001000000001000000000000000000000110000700100111001000000020131027

    Brazil000000000001000220002101036071111014673182710581210655375675445396744896325168000310142119193028192521151813171721112901886806561310

    Chile000000000001000000040000002000023410101030013011001123312212102310120000561040205523421665343051211181056

    Colombia0000000000000000000000000000010002300100001000201202002131100032100310003300000105101232623340064131033

    Costa Rica000000000000000000000001000000000010010000000020000010000000000000101000800010001100201000020113128

    Cuba000000000000000000000000000000000000000000001000000000000100000000000000200000000001000010000001102

    Dominican Republic000000000000000000000000000000000000100000100000100000000000000001000000400000000101010000100002114

    Ecuador00000000000000000000002000000000041110100100001001013000110000000011000021000200062101141100202647221

    El Salvador000000000000000000000000000000102001010000000000000000001000000200000000800000031100000100200041128

    Guatemala00000000000100000000000100100000201000000301001000010000000120101001000018100110210311010131102452518

    Guyana000000000000000000000000000000000000000000000100000000000000000000000000100000000000100000000001001

    Honduras00000000000000000430000000002000101100001000001000000020200210000031000025043002120101004210407526525

    Jamaica000000000000000000000000000010000000000000000000000000000000100000000000200000100000000001000010012

    Mexico0000000000000003100000000000016334122537101063026982004284520242300221311000188040001127102762194147835504201183313188

    Nicaragua000000000000000000000000001000001010000000000000000000000000010001010000600001011000000001110030036

    Panama00000000000000000000000000001200001000100000020000000000010000003120000014000003011002000104200431614

    Paraguay000000000000000000000000000000000000000000000000000000001100010000010000400000000000000111010000224

    Peru000000000000000000000000002000010002000010101110112000021310101100011000260000201201224034212005511526

    Uruguay000000000000000000000000000000000010100000000000001000000000000000200000500000001100010000020011125

    Asia & Pacific000000000002100202013061322492182335597051261829332947409268435582627399991071101519013211710377879488119125115908813500030283447734661807310920018023431637329726935931301828756212209413028

    Bangladesh000000000000000000000000001000000101000000000000000000000100000000000000400001002000000010000030104

    Bhutan000000000000000001000000000000000000000000000000000000000101000000000000301000000000000020000100203

    Cambodia000000000000000000000000000001000000000000000000000100010000000000100000400000100000001100010010214

    China000000000000000000000020000102251221065814711215118152640343463676064111458048494350534870675438487000014450002038141932908113119123614015119115602252226984981445

    Fiji000000000000000000000000000010000000000000000000000000000000000000000000100000100000000000000010001

    India000000000001100101011041111086417274065281412171615331532422223301722261932343232223322182826253344353627360001079222531448133436489756585867379112990111982713092901079

    Indonesia0000000000000000000010000000001000302000111101111331533213412413247232000830010001322237918781370149412883

    Lao PDR000000000000000000000000000000000000000010000000000000000000000000000000100000000010000000000001001

    Malaysia00000000000000010000100000000011010210313001100686144427616932104621033600013901100023442615121528161812025167046139

    Mongolia000000000000000000000000000000000000100000002000000000010000000000000000400000000102000100000003104

    Nepal000000000000000000000000000000002000000000000001000000000000000000000000300000020000100000000021003

    Pakistan00000000000000000000000000000000000000010000001000010000010111201000000010000000000101010241000023510

    Papua New Guinea000000000000000000000000010000000000000000000000000000000000000000000000100001000000000000000010001

    Philippines000000000000000000000000100007001110010001004112100240002531740021200000007300001711111542472423000201137573

    Singapore000000000000000000000000000000000000000000000000000000000100001200000000400000000000000011200000134

    South Korea00000000000100000000000000000200210200111221120201312030124111112150000051100002231444434734501713181251

    Sri Lanka00000000000000000000000000030000000101000002022010001000000000012100000017000003011024110004000472417

    Thailand0000000000000000000000001000010023050000000010001711350044030111135113000680000112800109947251900121292668

    Vietnam0000000000000000000000000000020000021000001020010000000013111112040680003800000202103100153614004562338

    Europe and Central Asia0000000000000000000000001000000031000220000112101011012012510420121100004000001031402322386320059151140

    Armenia000000000000000000000000100000000100000000010200001000100000000000000000700001001001210100000023207

    Azerbaijan000000000000000000000000000000000000000000000000000000000101010000000000300000000000000021000000213

    Cyprus000000000000000000000000000000000000020000000000000001000000030001000000700000000200001003100002147

    Georgia000000000000000000000000000000000000000000000010000000001000002010100000600000000000100102110001146

    Kyrgyzstan000000000000000000000000000000000000001000000000000000000000000000000000100000000100000000000001001

    Macedonia000000000000000000000000000000000000000000000000000000000000000001010000200000000000000000110000022

    Malta000000000000000000000000000000000000000000000000000000100000000000000000100000000000000100000000101

    Moldova000000000000000000000000000000003000000000001000100000000000000000000000500000030001010000000031105

    Tajikistan000000000000000000000000000000000000001000000000000000000000000000000000100000000100000000000001001

    Uzbekistan000000000000000000000000000000000000000000000000000100000150000000000000700000000000001060000000707

    Africa0000000000000000000000110000110232040232112110510122114201313261311260007700020256544634651159021319182577

    Congo DR000000000000000000000000000000000000000000000000000000000000101000000000200000000000000002000000022

    Egypt00000000000000000000000000000000000000110101100000020000000001000100200011000000001220020011200052411

    Equatorial Guinea000000000000000000000000000

    Ivory Coast000000000000000000000000000000000001000000000000000000000000010000000000200000001000000001000010012

    Kenya000000000000000000000000000000000000000000000010000000200001102000000000700000000000100213000001337

    Madagascar000000000000000000000000000000000000000000000000000000000000000010000000100000000000000000100000011

    Mali000000000000000000000000000000000000000000000000000000000100001000000000200000000000000011000000112

    Mauritius000000000000000000000000000000000000000000000000000001000000000000000000100000000000001000000000101

    Morocco000000000000000000000010000001001001000000000001000000000000002100010000900010111000100002110131049

    Mozambique000000000000000000000000000000000000000000000000000000000010000000000000100000000000000010000000101

    Nigeria000000000000000000000000000000000101000000000000000000000000000000100000300000002000000000010020013

    Senegal000000000000000000000000000000000000000000000000001000000000000000001000200000000000010000010000112

    South Africa00000000000000000000000100001002200101011020004000101021002000002000100026000101411224113202101697326

    Tanzania000000000000000000000000000000000000010000000000000000010000000000010000300000000100000100010001113

    Tunisia000000000000000000000000000000000000002000000000000000000000000000000000200000000200000000000002002

    Uganda000000000000000000000000000000000100000000000000010000000000100000001000400000001000010001010010124

    Zambia000000000000000000000000000000000000000000000000000000000000000000001000100000000000000000010000011

    Middle-East000000000000000000000000000001000000100101011120202400012305343244402000540000010012234438101060018192654

    Iran000000000000000000000000000000000000000000000000000000000000000000001000100000000000000000010000011

    Israel000000000000000000000000000001000000100101001120202400012205301100200000330000010012134437412001718733

    Jordan000000000000000000000000000000000000000000000000000000000100001100100000400000000000000011110000134

    Qatar000000000000000000000000000000000000000000010000000000000000000000000000100000000001000000000001001

    Syria000000000000000000000000000000000000000000000000000000000000000011000000200000000000000000200000022

    United Arab Emirates000000000000000000000000000000000000000000000000000000000000041033101000130000000000000000562000001313

    Total5100736366191478811262925466185868135375049537562133109658393738412111812812617410215614112696107115116138147128116122155000396761615242366132252122177304241278372432363338413393061473844144511443967

    Mexico0%0%0%0%43%33%0%0%0%0%0%0%0%0%0%0%0%0%3%24%7%5%5%1%2%6%14%6%14%19%13%10%23%24%14%10%2%0%0%3%2%6%3%3%2%0%1%3%2%3%0%0%1%1%1%3%1%1%0%0%0%5%0%25%0%0%0%2%9%3%8%15%20%8%1%4%2%2%1%1%1%0%

    Brazil20%0%0%0%29%67%0%0%0%33%100%0%71%43%75%0%64%42%3%40%30%10%8%3%22%6%19%20%10%15%16%16%5%5%8%4%8%7%7%6%4%3%3%3%3%6%4%6%4%4%7%8%4%2%2%4%13%5%0%0%0%8%17%25%13%46%39%29%23%11%16%14%7%6%6%3%4%5%6%3%7%0%

    China0%0%0%0%0%0%0%0%0%0%0%22%0%0%0%0%9%0%7%8%11%2%2%2%12%17%14%16%29%13%15%34%38%17%23%31%43%47%40%52%57%47%51%64%44%51%34%39%45%47%46%41%51%46%42%33%39%45%0%0%0%36%0%0%0%8%0%5%6%6%16%18%30%34%47%51%55%39%45%46%40%0%

    India20%100%0%0%14%0%17%0%17%17%0%44%7%14%13%13%0%31%21%16%37%44%47%76%35%40%32%34%33%28%44%24%24%39%34%28%32%23%26%21%16%25%27%18%31%14%23%17%19%26%23%22%24%30%27%31%22%23%0%0%0%27%33%13%13%21%13%21%36%53%35%36%29%31%23%23%20%20%23%27%25%0%

    Brazil + Mexico + India + China fraction:%40%100%0%0%86%100%17%0%17%50%100%67%79%57%88%13%73%73%34%88%85%61%62%83%72%69%78%76%86%75%88%84%89%83%78%72%85%77%74%83%79%81%84%88%80%71%63%65%70%79%76%71%80%79%72%71%75%74%0%0%0%76%50%63%27%75%52%56%74%72%75%84%86%79%78%81%80%66%75%77%74%0%

    Table 3:

    Country2012 kCERsDec-03Jan-04Feb-04Mar-04Apr-04May-04Jun-04Jul-04Aug-04Sep-04Oct-04Nov-04Dec-04Jan-05Feb-05Mar-05Apr-05May-05Jun-05Jul-05Aug-05Sep-05Oct-05Nov-05Dec-05Jan-06Feb-06Mar-06Apr-06May-06Jun-06Jul-06Aug-06Sep-06Oct-06Nov-06Dec-06Jan-07Feb-07Mar-07Apr-07May-07Jun-07Jul-07Aug-07Sep-07Oct-07Nov-07Dec-07Jan-08Feb-08Mar-08Apr-08May-08Jun-08Jul-08Aug-08Sep-08Oct-08Nov-08Dec-08TotalQ1-04Q2-04Q3-04Q4-04Q1-05Q2-05Q3-05Q4-05Q1-06Q2-06Q3-06Q4-06Q1-07Q2-07Q3-07Q4-07Q1-08Q2-08Q3-08Q4-0820042005200620072008

    Latin America0000000000069310003692685317884393672540701138810787971955044337194493542663619811309714280130395939148306010555961221160099403729679649417218925298738795419621824080731747798638924522337437645612120373381091699840932015942694210177977261770004226436931107231275012876195591396189358338071769125269189552792010458207341891422308182171608526126043281156686898347241560428

    Argentina000000000000000000053000000000003020198060557935300008361001960155324700008620435134400730482661080786660600023733530000350330053000030225845845083613513247862178073314182460035900530087311195930296014

    Bolivia000000000000000000006960000000209000134600320000000012000000000000000000000002332300003740006960020913463200120000000002560696158712000256

    Brazil00000000000666700030236454000184470108802971955040194482141944258357791626212013471142938212035415133925412136162926147331023120522899711302111118816522273363712151919347152109661280140930091696351637746802673499300018869566679477184495021522310351499881489570006016497645163383480667719647569755881234602749190457225092460623631

    Chile0000000000015100000004067000000122400001758605829308400327501804365002953009943860015338214123846910333283242233461881022738833080845000040436151040670122407816377032924365559448515356401525936110842192504218128101270182542454

    Colombia000000000000000000000000000001510003141000001200000017260005524017416330154000132450120012207750002782288168002928100022261000001510131412000172655242373154038269962782456373001465845087363611

    Costa Rica00000000000000000000000144900000000006300239000000003200000017700000000000003640185000279600014490006323900320017700005490144963559177549

    Cuba00000000000000000000000000000000000000000000196800000000000027500000000000000224300000000001968000027500000019682750

    Dominican Republic000000000000000000000000000000000000299000001210000012860000000000000000553000000225900000000299012101286000055300004201286553

    Ecuador0000000000000000000000138800000000003043284854030277003850000130014905322490006235400000000809957000066970001388000111767938501314978262354001766013881117107813481766

    El Salvador000000000000000000000000000000123101574008830224000000000000000000350000001690000000041160000002805883224000003500169000368722435169

    Guatemala0000000000011400000000000537008130000039501089000000606059500101200001430000000428247022406890016400007055114005378130395108906065951012014304284716891640651229622135711324

    Guyana0000000000000000000000000000000000000000000002080000000000000000000000000020800000000000208000000000020800

    Honduras00000000000000000178843000000000289000159071190000014100000179000000021005280035022700000175930000363501788430028915926101410179007383502270269010217103201088495

    Jamaica00000000000000000000000000004560000000000000000000000000000000106100000000000151700000456000000000010610000456001061

    Mexico0000000000000006684000000000000001729181681517137715784414566602692301190117246022969170322791623713212000155928381855117531641470729511912621829005607115406721126122200074177010680001729210622475365342266951445615595867331171091829667722040106825266192871784710710

    Nicaragua000000000000000000000000001965000001140039200000000000000000000000000180000547018000042420000196501140392000000001805471800349700745

    Panama00000000000000000000000000001862870000218000111000000306000000000000731000000225602503000007383000004730218111003060000731028525030069231717312789

    Paraguay0000000000000000000000000000000000000000000000000000000050920003300000740000250000000000000005092330740000143107

    Peru000000000000000000000000003350000206300013550000116901540353918080198992120000372485341735015050150010000019696000142540000335020631355011695068985090252210753006100715003753257441063821

    Uruguay00000000000000000000000000000000009809920000000000000184000000000000000372000001647000000098992000184000003720098992184372

    Asia & Pacific0000000000038599345001028010302337720166419682419318401533272210159557949732252761169313085614154312553850369296411921575528800494009197754221548021006771122096213358958567085425773529641948677439989627434856742232635913611934012418585069464144350893006830089586780002216329389451131100518603595105850408022893319035285747195598267688177799191980189506154390111989149926118835042941439578639385713675380750

    Bangladesh00000000000000000000000000566000000550053000000000000000000000294000000000000001464000056600604000000029400000117002940

    Bhutan00000000000000000400000000000000000000000000000000000000050201557600000000000016082040000000000000160780000400160780

    Cambodia000000000000000000000000000002930000000000000000000002170003200000000006800000608000002930000000217320006800293024868

    China000000000000000000000010160000659021184229331165990344186912613443793603540113099568337240305057762034354442889220484846549333912645209379015786441302745412493147514311503580035229237982613432034373203847526601142802291642973000149124800010160277781992183476199345067142479221337139268137068146987102179819651023978016901016229323470877525501264531

    Fiji0000000000000000000000000000164000000000000000000000000000000000000000000016400000164000000000000000164000

    India0000000000024599345005520990233317064919620595274025573347111635951188502402423437117215833482739575170459986681811911257177337177650924084457668395583331251019756111066800565274343564749110178424852428358203755091133495408123360004284732494565155084557436029259655918214617184374710937769169981816923558184901966933824310930269901217501179337721484586

    Indonesia0000000000000000000031000000000250005550050200025739655911050151112140245156875919223222243663021839833322190105115942022792256139458525663117200039918003100025555050242226961665237275804831456345882235105803155747085193457881

    Lao PDR000000000000000000000000000000000000000019000000000000000000000000000000019000000000190000000000001900

    Malaysia000000000000000475000042400000000037847002640571524038205334690032960700882218010118317798339739357337431942092383143066315927575831802232913494304477480006648404754240008473215344352293688215475143138865447534995480162608991168106844312810605

    Mongolia0000000000000000000000000000000000008300000003020000000000724000000000000000011090000000083030200072400000003857240

    Nepal0000000000000000000000000000000069700000000000000162000000000000000000000000859000000697000016200000000069716200

    Pakistan00000000000000000000000000000000000000049350000008760000692600000384017041113209043100000001408500000000049350876069260553364431000058117479795

    Papua New Guinea00000000000000000000000001836000000000000000000000000000000000000000000000018360000183600000000000000001836000

    Philippines0000000000000000000000003280000168004368680020900052700270309888678274002161739000296511134645916930032411624800000001317400003281684368682095275791841216173930762498324364000180031567529689

    Singapore000000000000000000000000000000000000000000000000000000000660000159130800000000153400000000000000066159130800000661468

    South Korea0000000000014000000000000000000005808600149958017700750839528926133222218183903870341132311439201600016066349206257192481360700000100587140000000580861499235750890172374222616641235160826472676607014000598212112538861756

    Sri Lanka000000000000000000000000000875000000049072000001740458298018100019800000000002061241210000002756000008750497201747561811980004510009241002379451

    Thailand0000000000000000000000002910000496003135822026720000000049500021996644211330791344009657980143201262598828747810791231703000220750000291496313534940049501626453696522301511753290500741549593574808

    Vietnam00000000000000000000000000000696400000680230000052040200172000000003091729126281340226232147085905647460001385400000696406802304541720030921377981006131000764464924463114

    Europe and Central Asia000000000000000000000000681000000027837700035581800006533963228601493016239011422901171179940723442028970016049219282000019464000068102783771173040391815093531401931335925251740013362495125763057

    Armenia00000000000000000000000068100000000377000000000650632000016000129000000000000000001900000068100377006563216012900000010586971450

    Azerbaijan0000000000000000000000000000000000000000000000000000000001700344205800000000003671000000000000000361258000000361258

    Cyprus000000000000000000000000000000000000035500000000000000011400000002310007020000001402000000003550000114002317020000355114933

    Georgia000000000000000000000000000000000000000000000028600000000011710000070016040920000032220000000000028600117107016049200028611711766

    Kyrgyzstan0000000000000000000000000000000000000051300000000000000000000000000000000051300000000513000000000000051300

    Macedonia000000000000000000000000000000000000000000000000000000000000000002180820000300000000000000000002188200000300

    Malta0000000000000000000000000000000000000000000000000000001000000000000000000010000000000000000100000000001000

    Moldova00000000000000000000000000000000278000000000003390001493000000000000000000000002110000000278000339014930000000027833914930

    Tajikistan0000000000000000000000000000000000000030500000000000000000000000000000000030500000000305000000000000030500

    Uzbekistan000000000000000000000000000000000000000000000000000239000001628407200000000000005940000000000000023905700000000059400

    Africa000000000000000000000093648000014022080818841147950169660354564747039272213051843108206108009189030285314311349176419992924024032513424777121080281195716529754321620009656900098401610165931761100201106640128199288245434923700426919408001098435030332971304814210

    Congo DR0000000000000000000000000000000000000000000000000000000000002106054300000000026480000000000000000264800000002648

    Egypt00000000000000000000000000000000000000234967060130501082061000000143100000000035800071600101900016053000000002349801121690014310035871610190001252914312093

    Equatorial Guinea00000000000000000000000000

    Ivory Coast00000000000000000000000000000000000566100000000000000000000000003550000000000601600000005661000000003550000566100355

    Kenya00000000000000000000000000000000000000000000005510000000173900001341230241000000000278900000000000551001739134364000005511874364

    Madagascar0000000000000000000000000000000000000000000000000000000000000000210000000021000000000000000000210000000210

    Mali0000000000000000000000000000000000000000000000000000000002400000410000000002810000000000000002404100000024041

    Mauritius00000000000000000000000000000000000000000000000000000176400000000000000000017640000000000000176400000000017640

    Morocco00000000000000000000009360000002080022700592000000000001890000000000000025628000428000028650009360208227592000189000025628428093610271890712

    Mozambique0000000000000000000000000000000000000000000000000000000000228000000000000022800000000000000022800000002280

    Nigeria0000000000000000000000000000000001450501052100000000000000000000000000000052970000030322000000025026000000000052970025026005297

    Senegal00000000000000000000000000000000000000000000000000784000000000000000003190001103000000000000784000003190000784319

    South Africa000000000000000000000004800001402008186140019202433033327220184300074590002068013490259122800970000098500060000239090004801402143219224333055184374592068134914879709856004830261479050011044

    Tanzania00000000000000000000000000000000000001112000000000000000001696000000000001150000292400000000111200000169600011500011121696115

    Tunisia00000000000000000000000000000000000000412500000000000000000000000000000000041250000000041250000000000000412500

    Uganda00000000000000000000000000000000029000000000000000030000000000024800000001770007440000000290000030000248017700290030425

    Zambia0000000000000000000000000000000000000000000000000000000000000000000058800058800000000000000000058800000588

    Middle-East0000000000000000000000000000071900000041800500560137482081579310545070313100022735153611040918551318588612117372021120195800038131000007190041810513956108861531313742402037612505407000719155681150810335

    Iran00000000000000000000000000000000000000000000000000000000000000000000162100016210000000000000000001621000001621

    Israel0000000000000000000000000000071900000041800500560020815793105450703131000227351517240409185501931230011870000015519000007190041810520810886153131374221332048123118700719182096213358

    Jordan00000000000000000000000000000000000000000000000000000000018870000316488008690000035600000000000000001887316488869000018871673

    Qatar000000000000000000000000000000000000000000013748000000000000000000000000000013748000000000013748000000000001374800

    Syria000000000000000000000000000000000000000000000000000000000000000035524100000059600000000000000000596000000596

    United Arab Emirates000000000000000000000000000000000000000000000000000000000000013187908184795603370003087000000000000000013971297394000003087

    Total4553134500472068532818439600331270139881103111224743551773477134781051856777523647406751451423679517333918982179628271059882284173389058039110839640466484311977612119368367611706372766375796567471198246453737486660672587507130948560380315200454535740574438947745404856897600027931364587611854137561572023836122140132097355276119654122188232924305813193264220742218486190730138595172981157206087206633349780579823222468781

    Rest of host countriesCumul.2012 MCERs45000000111111114161719242527373845618898121128133141161170177181197205214233239245249254273283294299307323338345371382385396401409414428436443443443443443

    MalaysiaCumul.2012 MCERs00000000011111111111222224477111111111212121315252829334343475154555656595961646565666666666666

    MexicoCumul.2012 MCERs000011111111111111321222425262627303032343437394143444646464750525356565657626365656566677273747474747474

    South KoreaCumul.2012 MCERs1414141414141414141414141414141414147272727474747474748181819090939395959595959798989898989898999999999999100100101101101101101101101

    BrazilCumul.2012 MCERs777710161616161819192737434345535396101103105107118118120125126129131133135136137138140141143144146146149152153155159164165166168171172176176181184189189189189189

    IndiaCumul.2012 MCERs25252525252526262626262727272728283064657190114137149155159163169173182200211229236243267271278284287292302313320325333336344354358364372392397411416428428428428428

    ChinaCumul.2012 MCERs0000000000011111224811121021042302352382923233303373684464805246167017567958408789369781052107711251156119112271251127713091346138414111425144814911491149114911491

    Table 4:

    TypeNo. projectsDec-03Jan-04Feb-04Mar-04Apr-04May-04Jun-04Jul-04Aug-04Sep-04Oct-04Nov-04Dec-04Jan-05Feb-05Mar-05Apr-05May-05Jun-05Jul-05Aug-05Sep-05Oct-05Nov-05Dec-05Jan-06Feb-06Mar-06Apr-06May-06Jun-06Jul-06Aug-06Sep-06Oct-06Nov-06Dec-06Jan-07Feb-07Mar-07Apr-07May-07Jun-07Jul-07Aug-07Sep-07Oct-07Nov-07Dec-07Jan-08Feb-08Mar-08Apr-08May-08Jun-08Jul-08Aug-08Sep-08Oct-08Nov-08Dec-08TotalQ1-04Q2-04Q3-04Q4-04Q1-05Q2-05Q3-05Q4-05Q1-06Q2-06Q3-06Q4-06Q1-07Q2-07Q3-07Q4-07Q1-08Q2-08Q3-08Q4-0820042005200620072008

    Afforestation00000000000000000000000000000000000000000000000000000001101000010100000050000000000000021020000032

    Agriculture0000000000000000000300020000169941936143792081299802011842041410250011162000216003207222883638173136671190557992827

    Biogas000000000000000000000000000004005555001133136005279444545892111786736942600024300000451517377201317412116390024529176

    Biomass energy0000000000000002010120163615113510171718207616814109232018112010151714191912151415881215161814101919290006090337101932552932524942524131434267013116162166152

    Cement0000000000000000000000000000000004101110000011401001000101116100001100000380000000152025102811100159113

    CO2 capture00000000000000000000000000000000000000000000000000000000000000010000000010000000000000000010000001

    Coal bed/mine methane00000000000000000000000000000000000001010036105303345231003110230220300058000000001110861144355000202513

    Energy distribution00000000000000000000000000000000000000000000000010000020010000000000000040000000000001021000000040

    EE households000000000000000000000001000000002000000010000000000001020000100100011000110001002001000120112012134

    EE industry00000000000000000000100000000105231143205135441471362933756638541041052100016900100171859131210141515172480126395449

    EE own generation000000000000000000000000000000037174140243512313111271610232059213756771114221417176000366000000101259201535537418255040002249180115

    EE service00000000000000000000000000000000110000000000000000001000100000111100000080000001100000110130002024

    EE supply side00000000000000000000000000000101122011100002300001202221100120213010600042000001243050344144700781215

    Fossil fuel switch0000000000000000000100000000012413551111113294245121214476310253673323000132001001713331410841519101680121304634

    Fugitive000000000001000000000000000001100101000001011000011011000001012012000100029100001120102022013310141257

    Geothermal000000000000000000000000011000001100010002000100000000200100001000010000130000201112010021101004432

    HFCs000000000002000000000000000001100203002200110020100000001000000001110000222000011522221010012027823

    Hydro0000000000010004153010520034104341078159791011105221715181918294453224552286746412831382745553120433200010371104731817302531445291120147115961319502268152473322

    Landfill gas0000000000010001200121134131122353255372753473511379117941111281089107155488900029913358410101514141919272646262425012326211875

    N2O0000000000000000000000000000011000000012100013323065841101712221033000006500000110131891729643002133713

    PFCs00000000000000000000000000000000000000000010000000000010000000101031000080000000000100010114000116

    Reforestation0000000000000000000000000000000000001100000100101101010101001120130400002200000000201122114440004612

    Solar000000000000000000000000000000102002000000020000000000001222110121300000230000003200200016243005279

    Tidal00000000000000000000000000000000100000000000000000000000000000000000000010000001000000000000001000

    Transport00000000000000000000000000000001000000000010000000100000210000001000000070000001000101021010001141

    Wind0000000000001000000000200001340621615105598181615146161387911171022231915131021192612262620133600053910020884119174535243864386664690357116164199

    Total510073636619147881126292546618586813537504953756213310965839373841211181281261741021561411269610711511613814712811612215500039676161524236613225212217730424127837243236333841339306147384414451144

    Renewables110061631308837510241592038464652211935272933319851405054436074826279927110988855972817683100747180123000146633%81%47%67%65%74%51%57%61%50%59%60%64%60%63%64%68%62%70%0%

    CH4 reduction & Cement & Coal mine/bed20001200421154131291212927151379101016351513381618156111417211510121630191612141420718121415000142433%19%40%29%35%18%25%22%21%34%22%20%11%14%9%18%12%11%10%0

    Energy Efficiency000000000100100000201013720857176611181027181411251235266612221511101812182731252320140006230%0%7%4%0%3%17%14%11%11%13%11%18%20%23%10%14%20%15%0

    Fuel switch00000000100000000012413551111113294245121214476310253673323000420%0%7%0%0%2%5%5%2%2%5%4%3%1%3%5%3%4%2%0

    HFC, PFC & N2O reduction200000000000000000220020300341021135240658421117122311472000032033%0%0%0%0%3%2%2%2%3%1%4%4%5%1%2%2%1%2%0

    Afforestation & Reforestation0000000000000000000000000110000010010110101021110112114040000270%0%0%0%0%0%0%0%2%0%0%0%1%1%1%1%1%1%1%0

    Total accumulated56661316222531373847616876849512115017522128236745353456960665670575883389510281137120212851378145115351656177419022028220223042460260127272823293030453161329934463574369038123967396739673967

    232with issuance.

    Table 5

    Type2012 kCERs0000000000Dec-99Dec-03Jan-04Feb-04Mar-04Apr-04May-04Jun-04Jul-04Aug-04Sep-04Oct-04Nov-04Dec-04Jan-05Feb-05Mar-05Apr-05May-05Jun-05Jul-05Aug-05Sep-05Oct-05Nov-05Dec-05Jan-06Feb-06Mar-06Apr-06May-06Jun-06Jul-06Aug-06Sep-06Oct-06Nov-06Dec-06Jan-07Feb-07Mar-07Apr-07May-07Jun-07Jul-07Aug-07Sep-07Oct-07Nov-07Dec-07Jan-08Feb-08Mar-08Apr-08May-08Jun-08Jul-08Aug-08Sep-08Oct-08Nov-08Dec-08Total

    Afforestation0000000000000000000000000000000000000000000000000000000169693019000052040000001864

    Agriculture000000000000000000039530002620000465121806555241486418818621948209916301101716771666577232501605713011703827817144206376010642415351220298104000958233115416100050614

    Biogas000000000000000000000000000005620049728709111376002801021075532154244900444417681553163713017400985180563255069914321349417727651085754204836411151516626466900057955

    Biomass energy0000000000000001028099023314390295461143018332748236779925159024714974590264776559284794172092780700223732196821545543659348182342627599728246475570567014671344235233122167320432677511466143644563520564518454610569000194405

    Cement000000000000000000000000000000000981165026942329570000094810437250653003177000387056182969151601061000055352970000041342

    CO2 capture000000000000000000000000000000000000000000000000000000000000000290000000029

    Coal bed/mine methane000000000000000000000000000000000000021370124790065792106144080166043112066474842489062862990158536200421815892030064522718026821481010571000125722

    Energy distribution000000000000000000000000000000000000000000000000655000003120085000000000000001053

    EE households00000000000000000000000480000000020600000002570000000000001404120000238002100001205880002092

    EE industry0000000000000000000043700000000228052952614110061221935260098819882342923866647317031801285993183193010914191455422918483634915529042752868380960193861600032441

    EE own generation000000000000000000000000000000013131030543988994330829319908721634187015769107829273621137793687171334612338393623379147014459398431494985744365073491365244687866116973679941170991960000268004

    EE service00000000000000000000000000000000722100000000000000000039000109000004738760000000393

    EE supply side000000000000000000000000000006004055397378083531800001403230000013783004331436155227435100134452301724103647601900600000028817

    Fossil fuel switch00000000000000000001140000000001942791562360015961804419153255967116993610131552824418019268128934128343357313989212716311938221257199125074499815394846658450539834249553556922947025000207202

    Fugitive0000000000015100000000000000000691018000014505010521000004117781374800001459590192235200000248021061047018151690000162100063733

    Geothermal0000000000000000000000000183619650000011623060002240004408000888000000009940013000017690000209000013775

    HFCs000000000003859900000000000000000325851401000903440123922005125220073001586027607006805901622100000001915000000005406109880000506050

    Hydro00000000000114000755400182843031701741733001148129644906922775125957841097357947673428397016643317610319779121038199886314570668935649166531648422801795520125289591442627452237061683827821133891148886621863429853102837087144299121000444439

    Landfill gas00000000000666700029376454005300112070160453781079437661790699322585346453644870634380115949594933611044317976667108762854443430614109397354355127938546404355675512629342983670121171626132837461423654237549919371158336930305204000257239

    N2O00000000000000000000000000000571903576700000007508116412722000192424076695252468639101007878845867346259574401628828447025581514128811602168442400000257722

    PFCs000000000000000000000000000000000000000000196000000000004010000000161601830228610300004785

    Reforestation0000000000000000000000000000000000004701740000044600280149330015150680150000160335830314814503474000011782

    Solar00000000000000000000000000000025023100570000000798000000000000034422326491720285163148000002816

    Tidal0000000000000000000000000000000011040000000000000000000000000000000000000001104

    Transport000000000000000000000000000000059000000000017260000000230000001440500000047900000003938

    Wind00000000000034500000000013480000659171331350552783194804575267628461743397847499150469891936047193020552540556658173828133846554123638606992071656574478244416543970279684884744376255168325211480000213822

    Total455313450047206853281843960033127013988110311122474355177347713478105185677752364740675145142367951733391898217962827105988228417338905803911083964046648431197761211936836761170637276637579656747119824645373748666067258750713094856038031520045453574057443894774540485689760002793136

    Renewables114345001782400281843233175503384534443036693387277812982531343899257190581765615542154349121687913129109481427314335131523120319260138811915620950164872602523423405212018530994438622833738839351902486538747253822756125766292394381121082184372306235840000928317

    CH4 reduction & Cement & Coal mine/bed68180002937645400925311207016045639107943766179069949796161333010887635634848916529112639173711074415293834416660100884021410074843921289920153891699012698114441510719825268910198863812786830597089811371011730100613626535110379418417557000538678

    Energy Efficiency000000000437004800000288019401166169810284445328473512181860191019591772911214454342816109639955314768143904119257801724346877312554705994122796990980445556515110841903946991154072818553000336737

    Fuel switch000000001140000000001942791562360015961804419153255967116993610131552824418019268128934128343357313989212716311938221257199125074499815394846658450539834249553556922947025000207202

    HFC, PFC & N2O reduction3859900000000000000000897754977700903440123922005876031714272201605627607192424076750125246822611010078788458673462996744191516288284470255815142904116183757468191900000768556

    Afforestation & Reforestation0000000000000000000000000470174000004460028014933001515068017119301901603358352314814903474000013646

    Accumulated Subtotals2012 MCERs

    Renewables0.10.50.50.52.22.62.93.84.05.85.89.114.514.918.622.024.737.743.047.456.775.793.4108.9124.4133.5140.4153.5164.5178.7193.1206.2237.4256.7270.6289.7310.7327.1353.2376.6417.1437.3468.3512.2540.5579.3614.5639.4678.1703.5731.1756.8786.1829.9851.0869.4892.5928.3928.3928.3928.3

    CH4 reduction & Cement & Coal mine/bed6.86.86.86.89.816.216.216.225.526.627.327.933.544.348.149.950.651.160.774.084.991.3126.1135.3164.4170.8178.1188.9204.2212.5229.2239.3279.5289.6298.0319.3328.5333.9350.9363.6375.0390.1409.9412.6422.8431.5444.3452.6462.3472.1475.8487.5497.6501.2506.6516.9521.1538.7538.7538.7538.7

    Energy Efficiency0.00.00.00.00.00.00.00.00.00.40.40.40.50.50.50.50.50.50.80.82.714.415.125.429.832.736.236.238.040.041.959.670.975.475.877.487.196.6111.4125.8129.9155.7172.9219.8222.9228.4234.4246.7253.7263.5268.0274.5285.6304.7309.4320.9328.2336.7336.7336.7336.7

    Fuel switch0.00.00.00.00.00.00.00.00.10.10.10.10.10.10.10.10.10.10.30.62.15.77.39.19.69.79.79.89.911.012.013.013.141.459.462.191.0103.9107.2110.4111.2124.0127.1130.9132.2152.1157.1162.1177.5178.4179.0183.5187.5191.8197.3197.9200.2207.2207.2207.2207.2

    HFC & N2O reduction38.638.638.638.638.638.638.638.638.638.638.638.638.638.638.638.638.638.6128.4178.2178.2178.2268.5268.5392.4392.4392.4451.2482.9485.6485.6501.7529.3531.2555.3630.3682.8705.4705.4715.4723.3729.2732.7733.7734.4736.3737.9746.2746.7749.3750.8753.7753.8754.0761.5768.4768.6768.6768.6768.6768.6

    Afforestation & Reforestation0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.50.60.60.60.60.60.61.11.11.11.11.12.62.62.64.24.24.24.25.96.06.06.06.06.26.26.86.910.010.210.213.613.613.613.613.6

    Accumulated Total45.545.945.945.950.657.457.758.668.271.572.276.287.298.4105.9111.0114.5128.0233.2301.0324.6365.3510.4547.2720.6739.5757.5840.2900.1928.5962.41020.41131.31195.31260.21379.91501.11569.51630.71694.41760.81840.41915.12013.42058.82133.62194.32253.02324.42372.92410.92462.92517.52591.52635.92683.72724.22793.12793.12793.12793.1

    Table 6:

    TypekCERs/yrDec-03Jan-04Feb-04Mar-04Apr-04May-04Jun-04Jul-04Aug-04Sep-04Oct-04Nov-04Dec-04Jan-05Feb-05Mar-05Apr-05May-05Jun-05Jul-05Aug-05Sep-05Oct-05Nov-05Dec-05Jan-06Feb-06Mar-06Apr-06May-06Jun-06Jul-06Aug-06Sep-06Oct-06Nov-06Dec-06Jan-07Feb-07Mar-07Apr-07May-07Jun-07Jul-07Aug-07Sep-07Oct-07Nov-07Dec-07Jan-08Feb-08Mar-08Apr-08May-08Jun-08Jul-08Aug-08Sep-08Oct-08Nov-08Dec-08

    Afforestation31894121

    Agriculture41029561911017662105672832834613448164268286102442111012325756314940642175412929672412515528942

    Biogas72548130901954520381110274468143483173172381569222368131119150303281885640250183292862713571561183

    Biomass energy162122617531676422063983703172174289650746806696439187118049911953903851438795659621153853711875501362118513051008778740638350439600130714818691394540118312562856

    Cement10678006933153150134631055537712718417311452321381324

    CO2 capture7

    Coal bed/mine methane51321369644672512308571513321018117613776204038594933550814666536343702501

    Energy distribution555817

    EE households73645487514830150

    EE industry492472551411516329281753153943651373365212551923938621687295881881014723362146363990234459161

    EE own generation19410715412196551187361472433412709214015370205166418242905284687650433151971820175610371626136976578510101888284190323291801504

    EE service123825109215

    EE supply side5469104112923068826178793083426481452841424232727501607

    Fossil fuel switch133026203360163204641947112701561382953973469602565327056927842102963624911254489713821000336418814110541138105813001335741709

    Fugitive1567722025321497665132500161243915852443250403371463

    Geothermal2792811777544735175230340850

    HFCs4793383421551590019388844035002802481012233347344213512521

    Hydro1910766221104024513213615252591437118888146394898580788291624121337418022052028104313901429116735383470466416674133663131655995701242225972349229111989470469502640220738723367

    Landfill gas7023419835301417076717128081725611643404707997258721182716104653618113101255182358988463572977811331024178286986312992589722005151325365455981001516112513394612898337501445

    N2O9151596112682116473350440812451084013262111161112517501221723621749110583