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Climate Change Governance

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Amit Chauhan
Amit Chauhan

The document discusses three pillars of climate change governance: governments, institutions, and markets. It states that when one pillar fails, the others can compensate and the system aims to self-correct over time. However, the document also notes there are consistent failures in governance due to issues with participation, sophistication, representation, credibility, transparency, and pricing mechanisms in these pillars. Specific examples of market failures in India's power, steel, and cement industries are provided. The document concludes by outlining the multi-step process for clean development mechanism projects.

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Climate Change Governance Three pillars a.Governments b.Institutions c.Markets 1
Climate Change Governance • When one fails other compensates • When one fails it either self corrects and evolves with new attributes. Or depends on the other for a change. • The cycle should repeat it self. 2
Why we (consistently) Fail Institutional Failure  Participation  Sophistication / Time  Blame? Democracy? Inclusively?  Inequalities  Me first attitude! 3
Why we (consistently) Fail Government Failure  Implementation Timely & Suitable policy intervention  Representation  Credibility 4
Why we (consistently) Fail Market Failure Transparency  Uniform trading platform / exchange  Pricing  Demand for Credits For E.g. Currently 60 % emissions of India is from Power, Steel, Aluminum, Cement, Paper & Fertilizers 5
Steps is CDM Inspiration – Visit various URLs / Consultants - Search for Buyer / Partner - Cost & Benefit Analysis - Proceed with the following For Example 700 days from CDM registration to first CER issuance. 600 days from PIN to Registration. Average CER Spot Price is 12 Euros PIN / PCN & PDD Development Project Developers / Consultant Host Country Approval GOI / MOEF i.e. DNA Validation DOE Registration CDM EB Implementation Project Developers Monitoring Project Developer + DOE Verification DOE Certification CDM EB Issuance of CERs CDM EB 6

More Related Content

Climate Change Governance

  • 1. Climate Change Governance Three pillars a.Governments b.Institutions c.Markets 1
  • 2. Climate Change Governance • When one fails other compensates • When one fails it either self corrects and evolves with new attributes. Or depends on the other for a change. • The cycle should repeat it self. 2
  • 3. Why we (consistently) Fail Institutional Failure  Participation  Sophistication / Time  Blame? Democracy? Inclusively?  Inequalities  Me first attitude! 3
  • 4. Why we (consistently) Fail Government Failure  Implementation Timely & Suitable policy intervention  Representation  Credibility 4
  • 5. Why we (consistently) Fail Market Failure Transparency  Uniform trading platform / exchange  Pricing  Demand for Credits For E.g. Currently 60 % emissions of India is from Power, Steel, Aluminum, Cement, Paper & Fertilizers 5
  • 6. Steps is CDM Inspiration – Visit various URLs / Consultants - Search for Buyer / Partner - Cost & Benefit Analysis - Proceed with the following For Example 700 days from CDM registration to first CER issuance. 600 days from PIN to Registration. Average CER Spot Price is 12 Euros PIN / PCN & PDD Development Project Developers / Consultant Host Country Approval GOI / MOEF i.e. DNA Validation DOE Registration CDM EB Implementation Project Developers Monitoring Project Developer + DOE Verification DOE Certification CDM EB Issuance of CERs CDM EB 6

Editor's Notes

  • #4: For Example 700 days from CDM registration to first CER issuance. 600 days from PIN to Registration