CCXG March 2019 Luiz de Andrade Filho Moving forward with article 6

1. Transition from
CDM to SDM
Luiz de Andrade Filho, Brazil
luiz.andrade@itamaraty.gov.br

2. Implications
• Foster early-action
• Continuation – rather than disruption – of
action by the private sector
• Recognition of pre-2020 action under
stringent environmental integrity
guarantees – MRVed emission reductions
• Legal certainty
• Reputation of the UNFCCC regime

3. Projects
• Issuance of 6.4ERs for CDM registered
activities
• Immediate impact on private sector
interest in the SDM
• Developing countries´ projects in a global
mechanism
• Avoid undue burden e.g. re-registration
and limits to certain types of projects
(why? how?)

4. CERs
• New sources of demand:
NDCs almost universal (≠ from KP)
ICAO’s CORSIA
• Voluntary action
• There are significant barriers on the
demand side – why additional barriers on
the supply side?

5. Areas for discussion
•Think within the rules, modalities and
procedures of the CDM and SDM
•Avoid political determination –
technical conversation.
•Parameters for transition: explore
ideas recently put on the table.