Clean Development Mechanism (CDM) Investors' Guide Republic of Vanuatu
Since 2009, the UNEP Risoe Centre (URC) has been implementing the Clean
Development Mechanism (CDM) as part of an umbrella EU- funded UNEP four-year
project on “Capacity Building related to Multilateral Environmental Agreements
(MEA) in African, Caribbean and Pacific (ACP) Countries”. The purpose of the CDM
Component of the ACP MEA project is to develop capacity for CDM project
development in the ACP countries.
In the Pacific, based on discussions at the inception workshop held in May 2009, the
CDM component has been designed as a regional programme with Fiji and Vanuatu
as focal countries. It also includes some DNA capacity building support in Samoa
and Tonga and Solomon Islands and Papua New Guinea (PNG) representatives are
also invited to the regional workshops.
Under the project, a series of capacity building activities are being carried out to
support participating countries in establishing and operationalizing their DNAs
(Designated National Authority), creating business-friendly environment for the
development of CDM projects, and developing a portfolio of CDM projects. As part of
the project activities, four CDM capacity building workshops have been organized.