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South
Africa is classified as a developing country for the purposes
of the UNFCCC and the Clean Development Mechanism
(CDM).
From the developing country perspective, the CDM offers the
following opportunities:
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It
can attract capital for projects that assist in the shift
to a more prosperous but less carbon-intensive economy; |
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It
encourages and permits the active participation of private
and public sectors; |
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It
can be an effective tool of technology transfer if investment
is channeled into projects that replace old and inefficient
fossil fuel technology or create new industries in environmentally
sustainable technologies; and |
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It
can help developing countries define investment priorities
in projects that meet their sustainable development goals. |
In South Africa, the CDM may provide additional investment
for the development of activities that reduce the combustion
of fossil fuels (particularly coal, oil, gas and paraffin),
reduce methane emissions (from landfill sites for example)
and improve land use patterns (such as reforestation). This
investment, which is directly related to the extent to which
emissions are reduced could make some businesses in South
Africa more viable.
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To date, there are 360 CDM projects submitted to the DNA – 220 Project Idea Notes (PINs) and 140 Project Design Documents (PDDs). Out of 140 PDDs, 90 have been registered (35 Programme of Activities) by the CDM Executive Board as CDM projects (15 Issued with CER’s), and 48 are at different stages of the project cycle – DNA approval, validation stage and/or request for review. The projects submitted to the DNA for initial review and approval cover the following types, bio-fuels, energy efficiency, waste management, cogeneration, fuel switching and hydro-power, and cover sectors like manufacturing, mining, agriculture, energy, waste management, housing, transport and residential. The table below is a consolidated list of projects at PDD and PIN stages. To view more information on the registered projects, please go to www.unfccc.int
Click here
to view a database of all projects submitted to the DNA.
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Specific processes must be followed for a project to become
an official CDM project which is eligible for the issuance of
certified emission reduction (CERs), or carbon credits.
See CDM
Project Cycle and the DNA
Approval Process. |
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