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s the only DOE (Designated OperatingEntity) on the African Continent, CarbonCheck is more than eager to see a positiveoutcome at COP 17.There is always light at the end of the tunnel and theSouth African government has a tremendous team whoare lobbying for a positive outcome in Durban withregards to the next crediting period. Moreover, with theEU stating that it will only trade Certified EmissionsReductions (CERs) from Least Developed Countries(LDCs), there will be much negotiation going on. With the EU having suggested huge reduction targetsthrough to 2020, these can only be achieved throughoffsets from such programmes as the CleanDevelopment Mechanism (CDM). Many developingcountries have offered aggressive reduction targets butthese can only be met with funding and technologytransfer to developing countries. All in all, an excitingweek ahead!There are without doubt enormous challenges inagreeing a successful, legally-binding internationalclimate agreement, but something as significant aswhat has been created cannot just cease to exist.Creating an agreement based on what can beacceptable to most is the key.Although CDM was created for public sector, it didallow for private sector involvement. This has shonethrough with, a balance of around 100 private sectorprojects to one public sector project. All in all a greatopportunity has been created and no-one will benefitfrom this coming to an end. NAMAS and funding through government has beentouted as a successor but history has shown us the wayforward. In such an important decision regarding theglobal environment, participation for all is a must.If the EU sticks to its statement of only using LDCs as its parlour for trading credits, it is hoped that South Africa can at least for itself (if not the rest of the continent) enter into bi-lateral agreements with such countries as Japan and Australia andFinance houses such as the International FinanceCorporation (IFC). Africa is well positioned to take advantage of CDM (orits successor) having seen the benefits made in otherdeveloping countries. Transfer technologies, hardcurrency investments and skills transfers are key to anycontinued sustainable development.Since being accredited, Carbon Check has seen atremendous boost in African applications for validationof CDM projects, all of which need to be registered by2012 for the eligibility to trade in the EUTS. It is hopedthat a clear path can be made and understood from thefinal negotiations in Durban on this matter and thatmutual terms can be agreed with not just LDCsbut other developing countries. For instance,those with less than 25 projects registered. With over 3,500 CDM projectsregistered and a further 4,000 invarious stages of validation, westill see huge potential for workwithin the continent. Programme of Activities (PoA) is the new 'buzz word' and we are seeing many rural sustainabledevelopments such as improved cook stoves, solar LED lighting and water heaters. Although these suit the African way, they are difficult to manage ADVANCING THE CLEANDEVELOPMENT MECHANISMINAFRICA026SOUTH AFRICA SHOWCASEADAM SIMCOCK, CEO, CARBON CHECK (PTY) LTDAPhoto:

" "INVESTORSNEED TO UNDERSTAND THE BARRIERS IN DEALING IN RURAL AFRICASOUTH AFRICA SHOWCASE027Below: Adam Simcock,CEO, Carbon Check (Pty)Ltd Main Image: solar-driven street lightingand investors need to understand the barriers indealing in rural Africa. We at Carbon Check havepositioned ourselves well with regard to this. We have employed key staff with huge worldwide CDM experience and are training local staff in order to qualify within the framework of the UNFCCC -Executive Boards accreditation standard. Africa also offers a competitive cost base however;capacity building needs further development togetherwith awareness campaigns, hand in hand with DNAs.These require funding and could be conductedtogether with foreign based Embassies, HighCommissions and trade offices throughout thecontinent. We look forward to a continuation of amarket based mechanism that is supportive of CDMand wish all delegates luck and hope for a successfuloutcome for all. nFor more information, please