Projects under the clean development mechanism

Sustainable development mechanism projects by type

1% Cuba Mexico Honduras Guatemala El Salvador Costa Rica Jamaica Nicaragua Panama Colombia Ecuador

Number of projects

100 200 300 400

0

Source: ECLAC, on the basis of UNEP, UNEP Risoe CDM/JI Pipeline Analysis and Database, database on line, updated 1st October 2010.

Figure 3.19a

At present, LAC has 1003 projects in various stages, within the framework of the Clean Development Mechanism (CDM).3

The countries in the region

with the greatest number of CDM projects are Brazil (with 42% of the total), Mexico (with 20%), Chile (with 8%) and Colombia (with 7%). The largest number of CDM projects (87% of the total) in which the region is involved are in the areas of renewable energies and methane reduction (figure 3.19a-b). This highlights the need to more extensively explore mitigation measures in forestry, transportation, fuel substitution and energy efficiency.

3 According to the United Nations Environment

Programme (UNEP), “UNEP Risoe CDM/JI Pipeline Analysis and Database” [online database] http://dcmpipeline.org/, updated as of 1 October 2010.

34

Sources: ECLAC on the basis of UNEP, UNEP Risoe CDM/JI Pipeline Analysis and Database, database on line, updated to October 1st 2010.

Figure 3.19b

One source of funds for developing countries facing climate change, in addition to funds from CDM projects, are those designated as Official Development Assistance (ODA). Between 2000 and 2007, the LAC region was the recipient of 8.5% of these resources. One category of these resources is directed at providing development assistance that targets the objectives of the three Rio Conventions – the United Nations Convention on Biological Diversity, the United Nations Framework Convention on Climate Change and the United Nations Convention to Combat Desertification – under the rubric of the so-called Rio Markers. Between 2000 and 2007, the region received approximately US$1.4 billion (in current

Peru Bolivia

Chile Argentina

Brazil Paraguay Uruguay 44%

Methane emissions reduction

Guyana

Renewable sources

43%

Sources: ECLAC on the basis of UNEP, UNEP Risoe CDM/JI Pipeline Analysis and Database, database on line, updated to October 1st 2010.

Dominican Rep.

2% 2%

substitution HFC and Nitrous

Oxide reduction Transport

Fuel 4%

Forestation and reforestation

Energy efficiency demand

Energy efficiency supply

2% 2%