Page 174 - Research on Financial Development Mechanism and Path of Forestry Carbon Sequestration in Developing Countries under Double Carbon Targets
P. 174

Research on Financial Development Mechanism and Path of Forestry Carbon
               Sequestration in Developing Countries under Double Carbon Targets



                 3) Research and training
                 DNA should strengthen the research on CDM and the training of relevant knowl-
             edge, so that enterprises can understand the CDM development process and the CDM
             management rules, which is particularly important. In fact, the earlier an enterprise
             considers CDM, the more favorable it is for the demonstration of additionality of the
             project; The more familiar the enterprise is with CDM, the more beneficial it is to the
             development progress of the project and the later verification and monitoring.
                 4) Build a regional CDM development platform
                 The unbalanced regional distribution of CDM projects is one of the reasons why
             the CDM mechanism has been criticized. The number of projects in China is the only
             one, which is on top of the storm. Such a situation will greatly restrict the develop-
             ment of future projects in China. Therefore, it is necessary to promote the balanced
             development of CDM in Asia-Pacific countries. It is necessary to actively use the Chi-
             na-ASEAN environmental cooperation mechanism to build an exchange platform for
             the development of CDM between China and other Asia-Pacific countries, actively help
             ASEAN countries to build their CDM capacity and relevant economic construction,
             and promote the balanced development of CDM in the region.
             2.2.2 Suggestions on the operation and management policies of CDM projects
             in Asia-Pacific developing countries

                 Give priority to promoting the development of areas in urgent need. For the devel-
             opment of CDM projects in Asia-Pacific countries, especially in countries with fewer
             than 10 registered CDM projects, apart from the reform of the existing CDM system,
             the above-mentioned national DNA should consider vigorously developing project
             types such as biogas, composting and transformation of farmers’ breeding corrals from
             the aspects of poverty alleviation, job creation, promotion of local development and
             compliance with domestic climate change policies.
                 Improve the service level. DNA plays an important role in CDM, especially provid-
             ing information and data for each country to judge additionality and identify baseline,
             and helping to determine certain special parameters, such as grid emission factors. The
             baseline for developing the current standard was also discussed, and DNA was also re-
             quired to participate in the preliminary work. Therefore, DNA should assume the role
             of information service repository, especially for countries with slow development of
             CDM, it is very important to provide information and data for each country to judge ad-
             ditionality and identify the baseline, and to help determine certain special parameters.



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