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Posted on Sustainabilitank.info on August 27th, 2015
by Pincas Jawetz (PJ@SustainabiliTank.com)

From a [UNFCCC medialist – UNFCCC global list for media mailouts] PRESS RELEASE

UNFCCC Establishes Regional Collaboration Centre for Asia-Pacific Region in
Partnership with the Institute for Global Environmental Strategies (IGES) to
Help Speed up Spread of Clean Technologies.

(Bonn, 27 August 2015) – Clean technology in developing countries has
received a further boost with the establishment of a centre to promote the
Clean Development Mechanism (CDM) in the Asia-Pacific Region.

Welcoming the establishment of the centre in Bangkok, Thailand, just months
before the UN Climate Change Conference in Paris, Christiana Figueres,
Executive Secretary of the United Nations Framework Convention on Climate
Change (UNFCCC) said: “A CDM hub in Asia-Pacific comes as nations are set
to ink a new universal climate agreement in Paris in December. The
agreement needs to trigger an ever deeper transition to a low carbon
economy and by the second half of the century a climate neutral
world—scaled up finance, innovative technologies and creative market
mechanisms that benefit people and the planet will be central to these
aims.”

The Centre will be operated in partnership with the Institute for Global
Environmental Strategies (IGES) and will support all countries in the
region in identifying and designing CDM projects and offering opportunities
to reduce transaction costs. It will work in collaboration with the other
Regional Collaboration Centres (RCCs) in Africa, Latin America and the
Caribbean.

Professor Hironori Hamanaka, Chair of the Board of Directors of IGES,
praised the inter-agency cooperation as an important step towards attaining
the goals set by the international community to combat climate change. He
said: “We are honored to work in partnership with the UNFCCC in Asia and
the Pacific, and this Regional Collaboration Centre in Bangkok will further
tap the potential for CDM projects in the region.”

The CDM allows emission reduction projects in developing countries to earn
certified emission reductions (CERs), each equivalent to one tonne of CO2.
CERs can be traded and sold, and used by industrialized countries to meet a
part of their emission reduction targets under the Kyoto Protocol.

This is the fifth CDM RCC established by the UNFCCC in partnership with a
regional organization. The first centre was established in January 2013 in
Lomé, Togo to increase participation in CDM projects in West and
Francophone Africa. A second centre was established in Kampala, Uganda to
serve the rest of Africa. A third was established in Saint George’s,
Grenada to assist in the development of CDM projects in the Caribbean, and
a fourth was set up in Bogotá, Colombia to support underrepresented
countries in Latin America.

The Asia-Pacific RCC will be hosted in the IGES offices in Bangkok and will
become operational on 1 September 2015.

—————————————————————————

For further information please contact:
David Abbass, Public Information Officer, UNFCCC at:
 CDM-Press at unfccc.int, +49 (0) 228-815-1511

Augustine Kwan, Programme Manager, IGES at:
 iges_pr at iges.or.jp, +66-2-651-8797

About the CDM
The clean development mechanism (CDM) allows emission reduction projects in
developing countries to earn certified emission reductions (CERs), each
equivalent to one tonne of CO2. CERs can be traded and sold, and used by
industrialized countries to meet a part of their emission reduction targets
under the Kyoto Protocol. With more than 7.600 registered projects in more
than 100 countries, the CDM has proven to be a powerful mechanism to
deliver finance for emission-reduction projects and contribute to
sustainable development.

About the UNFCCC
With 196 Parties, the United Nations Framework Convention on Climate Change
(UNFCCC) has near universal membership and is the parent treaty of the 1997
Kyoto Protocol. The Kyoto Protocol has been ratified by 192 of the UNFCCC
Parties. For the first commitment period of the Kyoto Protocol, 37 States,
consisting of highly industrialized countries and countries undergoing the
process of transition to a market economy, have legally binding emission
limitation and reduction commitments. The ultimate objective of both
treaties is to stabilize greenhouse gas concentrations in the atmosphere at
a level that will prevent dangerous human interference with the climate
system.

About IGES
IGES is a non-profit, research institute headquartered in Hayama, Japan
with offices in Kansai, Kitakyushu and Tokyo, as well as in Bangkok,
Thailand and Beijing, China. Information on IGES research, networks and
events are available on the IGES website: www.iges.or.jp/en/

See also:
Twitter: @UNFCCC | Español: @CMNUCC| Français: @CCNUCC
@UN_CarbonMechs
Facebook: facebook.com facebook.com UNcarbonmechs
UNFCCC Executive Secretary Christiana Figueres on Twitter: @CFigueres

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