3.2.2 Clean Development Mechanism (CDM)

On December 9th 2011, it was decided to include carbon capture and storage technology in the Clean Development Mechanism (CDM). This decision came after five years of campaigning by several international organisations. There has been extensive debate during UN negotiations in recent years and 2011 was a year of tough negotiations, following the preliminary decision at COP16/CMP6 in Cancun in 2010. Inclusion of CCS in the CDM reflects final international acceptance that CCS is a legitimate low carbon technology. It supports use of the technology in developing countries, bringing clean, reliable, base-load electricity to the developing world with 1.3 billion people lacking access to electricity. The decision also provides a set of internationally accepted rules for CCS projects, dealing with key issues such as site selection, liability and environmental assurance. It also sets an important precedent for the inclusion of CCS into other financing and technology support mechanisms (http://www.worldcoal.org/blog/ccs-in-cdm -gets-green-light-in-durban/). The draft decision on "Modalities and procedures for carbon dioxide capture and storage in geological formations as clean development mechanism project activities", including requirements for monitoring is under development in UNFCCC (for further information see http://unfccc.int/files/meetings/durban_nov_2011/decisions/application/pdf/cmp7_carbon_storage_.pdf).