Future CDM Project

Workshop

CDM in the Post-Kyoto Regime

Ministry of Economy, Trade, and Industry (METI), Japan

Tuesday 22nd, March and Wednesday 23rd, March, 2005.

1. About the Workshop

It is important to promote energy conservation and renewable energies all over the world. However, CDM has limited success to　meet this goal so far. What are the necessary action for us to make a　change? In this workshop, we focus on institutional design issue of the incentive mechanisms to promote energy conservation and renewable energy in developing countries. We review the proposals, and further call for inputs, to meet the challenge. Your inputs are of vital importance. CDM, being one of the major innovations of the Kyoto Protocol, has been operating for three years since COP7. Kyoto Protocol is entering into force, and the negotiation on post-2012 framework is about to start. Against this backdrop, it is time to review the current status of CDM and check if the theoretical merits are materialized, and to consider how CDM can be reformed. Has CDM been investor friendly? Has it contributed for sustainable development? How can we remove the barrier and enhance opportunity? In this workshop, a workshop issue paper will be provided by　the host to set the scene, international experts are invited to provide the knowledge, and stakeholders are invited to provide insights to the process. This workshop is the first one of the two year project,which will provide final result at COP/MOP1.

2. Program

（1）　Day 1 (Tuesday 22nd, March) Review of Workshop Issue Paper (WIP) by invited experts
（2）　Venue: Mitsubishi Research Institute Inc.Tokyo, Japan
（3）　Program

Time	Session	Topics and persons
- 9:30	Registration
9:30-10:30	Discussion on WIP	・ Presentation by Taishi Sugiyama
10:30-10:40	Coffee
10:40-11:10	Issue 1	・ Current issues facing CDM ( Heister): 20min ・ Comment, QA: 10min
11:10-11:40	Issue 2	・ Multi-project baseline (Sathaye): 20min ・ Comment, QA: 10min
11:40-12:10	Issue 3	・ Energy conservation methodologies for CDM (Michaelowa): 20min ・ Comment, QA: 10min
12:10-13:10	Lunch
13:10-13:40	Issue 4	・ CDM and Energy conservation in India (Abbi): 20min ・ Comment (Zou ji, with reference to China), QA: 10min
13:40-14:10	Issue 5	・ Transport sector and CDM (Caycedo): 20min ・ Comment, QA: 10min
14:10-14:40	Issue 6	・ ESCOs as CDM (Masuda, Sathaye): 20min ・ Comment, QA: 10min
14:40-15:00	Coffee
15:00-17:00	Discussion	・ How can we improve upon the current system? ・ Will major reform be necessary? ・ Do we need a parallel mechanism? ・ Work plan for the secretariat ・ Preparation for March 23 (speaker, commentator)
18:00	Dinner

（1）　Day 2: (Wednesday 23rd, March)
（2）　Venue: Mitsubishi Research Institute Inc.Tokyo, Japan
（3）　Program

Time	Session	Topics and persons
9:00-9:30	Registration
9:30-9:40	Welcome Speech Keynote Speech	・ Hiroyuki Fukano (METI) ・ Hiroshi Yamagata (METI)
9:40-10:40	CDM in the Post Kyoto Regime	・ Workshop Issue Paper presentation by Taishi Sugiyama (CRIEPI)
10:40 - 11:00	Coffee
11:00 - 11:30	Issue 1	・ Current issues facing CDM ( Heister): 10min ・ Comment, QA: 20min
11:30 -12:00	Issue 2	・ Multi-project baseline (Sathaye): 10min ・ Comment, QA: 20min
12:00-13:00	Lunch
13:00-13:30	Issue 3	・ Energy conservation methodologies for CDM (Michaelowa): 10min ・ Comment, QA: 20min
13:30-14:00	Issue 4	・ CDM and Energy conservation in India (Abbi): 10min ・ Comment (Zou ji, with reference to China), QA: 20min
14:00-14:30	Issue 5	・ Transport sector and CDM (Caycedo): 10min ・ Comment, QA: 20min
14:30-15:00	Issue 6	・ ESCOs as CDM (Masuda, Sathaye): 10min ・ Comment, QA: 20min
15:00-15:20	Coffee
15:20-17:00	Discussion	・ Discussion – How can we improve upon the current system? – Will major reform be necessary? – Do we need a parallel mechanism? – Q&A with floor
17:00 – 17:30	Closing remarks and future plans	・ . Sugiyama (CRIEPI) ・ . Yamagata (METI)

3. Workshop Issue Paper

　Workshop Issue Paper (March 22 and 23, 2005 , By the workshop secretariat)

4. Report

　Report of the International Workshop “CDM in the Post Kyoto Regime”