|Policy status:||In Force|
|Policy Type:||Economic Instruments>Market-based instruments|
|Agency:||Swedish Energy Agency|
|Climate Change Description:|
The role of the Swedish CDM and JI programme is to help develop the CDM, JI and other similar market-based mechanisms as effective climate policy instruments, to contribute to cost effective greenhouse gas reductions, and to promote sustainable development in host countries. The programme has involved participation in both individual projects and multilateral CDM and JI funds. The individual projects are chiefly in the areas of renewable Energy and energy efficiency.
Funds have been chosen based on the project types they target, their contribution to a geographical distribution of projects, and Sweden’s scope to influence their activities. Up to and including the 2013 budget year, the Riksdag has approved appropriations for international climate initiatives under the CDM and JI totaling, on an accumulated basis, some SEK 2.5bn for the period up to 2022. Sweden has, as of end 2013, signed contracts for 67 individual CDM projects and 2 JI projects. All the CDM projects are being carried out in developing countries, and priority is being given to projects in Africa, especially in least developed countries (LDCs) and small island developing states (SIDS).
The program also involves contribution to development of new cooperative approaches under Article 6 in the Paris agreement.
|This record supersedes:||International Climate Investment Programme|
Last modified: Tue, 16 Jan 2018 12:23:15 CET