CMP 10 09a01

User Manual: CMP-10

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GE.15-01793 (E)

Conference of the Parties serving as the meeting
of the Parties to the Kyoto Protocol
Report of the Conference of the Parties serving as the
meeting of the Parties to the Kyoto Protocol on its tenth
session, held in Lima from 1 to 14 December 2014
Addendum
Part two: Action taken by the Conference of the Parties
serving as the meeting of the Parties to the Kyoto Protocol at
its tenth session
Contents
Decisions adopted by the Conference of the Parties serving as
the meeting of the Parties to the Kyoto Protocol
Decision Page
1/CMP.10 Report of the Adaptation Fund Board ........................................................................ 2
2/CMP.10 Second review of the Adaptation Fund ...................................................................... 11
3/CMP.10 Date of the completion of the expert review process under Article 8
of the Kyoto Protocol for the first commitment period .............................................. 13
4/CMP.10 Guidance relating to the clean development mechanism ........................................... 15
5/CMP.10 Guidance on the implementation of Article 6 of the Kyoto Protocol ........................ 21
6/CMP.10 Synergy relating to accreditation under the mechanisms of the Kyoto Protocol ....... 23
7/CMP.10 Outcome of the work programme on modalities and procedures for possible
additional land use, land-use change and forestry activities under the clean
development mechanism ........................................................................................... 24
8/CMP.10 Administrative, financial and institutional matters .................................................... 25
Resolution
1/CMP.10 Expression of gratitude to the Government of the Republic of Peru
and the people of the city of Lima ............................................................................. 27
United Nations
FCCC/KP/CMP/2014/9/Add.1
Distr.: General
2 February 2015
Original: English
FCCC/KP/CMP/2014/9/Add.1
2
Decision 1/CMP.10
Report of the Adaptation Fund Board
The Conference of the Parties serving as the meeting of the Parties to the Kyoto
Protocol,
Welcoming the report of the Adaptation Fund Board,
1
Noting with concern the level of market prices for certified emission reductions and
their expected impact on the availability of funding from the Adaptation Fund and on its
ability to fulfil its mandate,
1. Adopts the amendment to the terms and conditions of services to be provided by the
International Bank for Reconstruction and Development (the World Bank) as trustee for the
Adaptation Fund, on an interim basis, contained in the annex;
2. Notes the following information, actions and decisions relating to the Adaptation
Fund Board contained in the report of the Adaptation Fund Board and the oral report made
by the Chair of the Adaptation Fund Board in December 2014:
(a) The accreditation of 17 national implementing entities that can directly
access resources from the Adaptation Fund, including one accredited during the reporting
period; and the accreditation of four regional implementing entities, including two during
the reporting period;
(b) Cumulative project and programme approvals reaching USD 264.8 million as
at November 2014;
(c) Approval of the environmental and social policy of the Adaptation Fund;
(d) Approval of the readiness programme for direct access to climate finance,
launched on 1 May 2014, and of its execution arrangements and eligibility criteria for the
allocation of funds to accredited implementing entities for specific activities;
(e) Approval of one annual intersessional project/programme review cycle
during an intersessional period of 24 weeks or more between two consecutive Board
meetings;
(f) Approval of 16 project/programme proposals, totalling USD 80.6 million,
submitted by implementing entities from July 2013 to November 2014, including 10
proposals submitted by national implementing entities totalling USD 43.2 million;
(g) Establishment of a new fundraising target of USD 80 million per calendar
year in 2014 and 2015;
3. Also notes the cumulative receipts of USD 407.9 million into the Adaptation Fund
Trust Fund;
4. Further notes that the pledges have surpassed the initial fundraising target set by the
Adaptation Fund Board of USD 100 million for the calendar years 2012 and 2013;
5. Urges those developed country Parties that responded to the initial fundraising target
of the Adaptation Fund Board but have not completed the process to do so at their earliest
opportunity;
1
FCCC/KP/CMP/2014/6.
FCCC/KP/CMP/2014/9/Add.1
3
6. Welcomes the target for the resource mobilization strategy set by the Adaptation
Fund Board of USD 80 million per calendar year in 2014 and 2015;
7. Continues to encourage Parties included in Annex I to the Convention to provide
funding to support the target referred to in paragraph 6 above and to scale up funding, with
a view to the resource mobilization goal of the Board being reached from resources that are
additional to the share of proceeds from clean development mechanism project activities,
the first international transfers of assigned amount units and the issuance of emission
reduction units for activities under Article 6 of the Kyoto Protocol;
8. Welcomes the financial contributions that have been made to the Adaptation Fund in
2014 and the pledge of EUR 50 million made by Germany towards the target referred to in
paragraph 6 above;
9. Invites further support for the readiness programme of the Adaptation Fund Board
for direct access to climate finance in accordance with decision 2/CMP.10, paragraph 5;
10. Requests the Adaptation Fund Board, in its future reports to the Conference of the
Parties serving as the meeting of the Parties to the Kyoto Protocol, to provide further clarity
on the effect of the fluctuation of the price of certified emission reductions and the impact
of this fluctuation on the resources available to the Fund;
11. Also requests the Adaptation Fund Board to continue its work on options for
permanent institutional arrangements for the secretariat and the trustee, including via an
open and competitive bidding process for the selection of a permanent trustee for the
Adaptation Fund on the basis of the cost and time frame of each option and its legal and
financial implications in order to ensure there is no discontinuity of the trustee service.
FCCC/KP/CMP/2014/9/Add.1
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Annex
Amended and restated terms and conditions of services to be provided
by the International Bank for Reconstruction and Development as
trustee for the Adaptation Fund
I. Recitals
(a) A clean development mechanism (CDM) was established under Article 12 of the
Kyoto Protocol to the United Nations Framework Convention on Climate Change
(the Convention) (the Kyoto Protocol).
(b) The Conference of the Parties decided in its decision 10/CP.7 that an adaptation
fund (the Adaptation Fund) shall be established to finance concrete adaptation projects and
programmes in developing country Parties that are Parties to the Kyoto Protocol, as well as
activities identified in decision 5/CP.7, paragraph 8.
(c) The decision was further endorsed by the Conference of the Parties serving as the
meeting of the Parties to the Kyoto Protocol (CMP) through its decision 28/CMP.1.
(d) In decision 1/CMP.3, the CMP decided that the Adaptation Fund shall finance
concrete adaptation projects and programmes that are country driven and are based on the
needs, views and priorities of eligible Parties, and that the Adaptation Fund Board shall be
established as the operating entity of the Adaptation Fund.
(e) The CMP, in its decision 1/CMP.3, invited the International Bank for
Reconstruction and Development (the World Bank) to serve as the trustee for the
Adaptation Fund (the World Bank in such capacity, the Trustee) on an interim basis, and
requested the Adaptation Fund Board to present the necessary legal arrangements to be
concluded between the CMP and the trustee, for adoption by the CMP at its fourth session.
(f) The CMP and the World Bank concluded the legal arrangements necessary for the
World Bank to serve as Trustee on an interim basis by way of adopting and accepting the
terms and conditions of services to be provided by the International Bank for
Reconstruction and Development as trustee for the Adaptation Fund (the Terms and
Conditions) as contained in the appendix to annex III to decision 1/CMP.4.
(g) The Terms and Conditions were amended twice to extend the term of the Trustee’s
services thereunder on an interim basis, as set out in decision 5/CMP.6, paragraph 1, and
decision 1/CMP.9, paragraph 1.
(h) The CMP, in its decision 1/CMP.9, requested the Adaptation Fund Board to develop
and approve the legal arrangements with the trustee regarding the services for the 2 per cent
share of proceeds levied in accordance with decision 1/CMP.8, paragraph 21, for approval
by the CMP.
(i) The Adaptation Fund Board has developed and approved the legal arrangements
with the Trustee for approval by the CMP, which are proposed to be concluded between the
CMP and the Trustee by amending and restating the Terms and Conditions.
(j) The CMP and the World Bank wish to amend and restate the Terms and Conditions
as follows.
FCCC/KP/CMP/2014/9/Add.1
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II. Terms and conditions
A. Role and responsibilities of the Trustee
1. The World Bank shall act as the Trustee on an interim basis in accordance with the
Terms and Conditions set forth herein.
2. The Trustee shall comply with the principles and modalities for operations stipulated
in the relevant decisions of the CMP and decisions of the Adaptation Fund Board. The
Trustee shall be closely consulted in the development of decisions, taken by the CMP or the
Adaptation Fund Board after the effective date of the Terms and Conditions, which relate in
any way to the functions of the Trustee performed or to be performed, and the Terms and
Conditions stipulated below shall be applicable. The Trustee shall perform its functions
under the Terms and Conditions in accordance with the applicable provisions of the World
Bank’s Articles of Agreement, by-laws, policies and procedures.
3. The CMP hereby: (1) confirms its designation, under its decision 1/CMP.3, of the
Adaptation Fund Board as its designee and delegatee in respect of the Adaptation Fund,
acting under the authority and guidance of the CMP; and (2) imbues the Adaptation Fund
Board with the capacity, power and authority to render decisions and provide instructions,
directions and guidance to the Trustee hereunder and to cause to be effectuated the sale or
disposal, for the purpose of monetization (Sale), of certified emission reductions (CERs),
assigned amount units (AAUs) or emission reduction units (ERUs) collected as the share of
proceeds for the Adaptation Fund (any such CERs, AAUs or ERUs, hereinafter referred to
individually or collectively as the Share of Proceeds), pursuant to paragraphs 24–28 below.
4. The Trustee, in the performance of its functions under the Terms and Conditions,
shall be accountable to the Adaptation Fund Board.
5. Without prejudice to any other provisions of the Terms and Conditions, the Trustee
shall, in performing its functions under the Terms and Conditions, act upon decisions,
instructions, directions or guidance of the CMP or the Adaptation Fund Board (or such
other person designated in writing by the Adaptation Fund Board for that purpose
(Authorized Designee)) only if such decisions, instructions, directions or guidance are
provided to the Trustee in writing. The Trustee shall not be responsible for inquiring or
investigating if any decisions, instructions, directions or guidance of the Adaptation Fund
Board or, as the case may be, any Authorized Designees, do not contravene an existing
decision or act of the CMP, and shall have no liability for relying in good faith on any
written decision, instruction, direction or guidance of the CMP, Adaptation Fund Board or
any Authorized Designees, without further inquiry or investigation on its part or otherwise
for any actions taken, or omitted to be taken, in good faith.
6. The CMP acknowledges that the Trustee may disclose information obtained by it in
connection with its functions under the Terms and Conditions, if such disclosure is required
or otherwise necessary in carrying out the services and activities set out herein, in
accordance with the World Bank’s policies and procedures.
7. The Trustee shall establish a trust fund for the Adaptation Fund (the Trust Fund),
and shall hold in trust, as a legal owner, and administer the funds, assets and receipts, which
constitute the Trust Fund, on behalf of the Adaptation Fund supervised and managed by the
Adaptation Fund Board.
8. For the purpose of the monetization of the Share of Proceeds for the Adaptation
Fund, the Trustee, in its capacity as agent of the CMP, is hereby authorized by the CMP to
administer Sales of the Share of Proceeds under the instructions, direction and guidance of
FCCC/KP/CMP/2014/9/Add.1
6
the Adaptation Fund Board consistent with its responsibility for the monetization of the
Share of Proceeds, pursuant to paragraphs 24–28 below.
9. The Trustee shall be responsible only for performing those duties and
responsibilities specifically and expressly set forth in the Terms and Conditions and shall
not be subject to any other duties or responsibilities (express or implied), including, without
limitation, any duties or obligations that might otherwise apply to a fiduciary or trustee
under general principles of equity, trust or fiduciary obligations and/or any other legal or
equitable principles. To the extent that Sales of the Share of Proceeds are conducted by the
Trustee pursuant to paragraphs 24–28 below, the Trustee shall not be responsible for the
legality, validity or enforceability of any such Sales of the Share of Proceeds, the value
obtained from such Sales of the Share of Proceeds (including any reduction in the value of
the CERs, AAUs or the ERUs from the time they are credited to the CDM Account (as
defined in paragraph 24 below) to the time such Sales are consummated) or any expenses
or liabilities incurred in connection with such Sales.
10. The Trustee shall not be liable for any failure to carry out its obligations under the
Terms and Conditions where such failure is a result of a Force Majeure Event and, for so
long as such circumstances continue, shall be relieved of its obligations under the Terms
and Conditions which it has been prevented from fulfilling as a result of that Force Majeure
Event without liability; provided that the Trustee shall, notwithstanding that it is relieved
from its obligations hereunder, take all reasonable and practical steps to minimize any loss
and/or disruption resulting from any such Force Majeure Event. For the purpose of this
paragraph, “Force Majeure Event” means any event beyond the reasonable control of the
person affected including, without limitation, labour dispute, act of God, war, act or
circumstance of terrorism, riot, civil commotion, malicious damage, accident, breakdown
of essential computer software, hardware or system failure, fire, flood and/or storm and
other unforeseen circumstances materially and adversely affecting the performance of the
functions of the Trustee under the Terms and Conditions.
11. The CMP acknowledges that the World Bank shall have the right to engage in any
of the types of activities described in the Terms and Conditions for its own account or for
the account of clients other than the Adaptation Fund whether acting as trustee, adviser or
in any other capacity vis-à-vis such clients. The CMP agrees that the World Bank, in
carrying out such activities for its own account or for the account of others, may decide to
adopt approaches and courses of actions, which differ from the approaches and courses of
action that the Trustee decides to take in performing the services for the Adaptation Fund
described in the Terms and Conditions. In engaging in such activities for its own account or
for the account of others, the World Bank will put in place measures designed to avoid or
mitigate conflicts of interest arising from its functions under the Terms and Conditions
relating to the Sale of the Share of Proceeds for the Adaptation Fund.
12. If a decision by the CMP or the Adaptation Fund Board after the effective date of
the Terms and Conditions relates to the functions of the Trustee performed or to be
performed under the Terms and Conditions, such a decision shall be developed in close
consultation with the Trustee. In the absence of such consultation with and the agreement
of the Trustee, the Trustee shall not be bound by any decision of the CMP or the Adaptation
Fund Board, to the extent that such a decision relates to the functions of the Trustee
performed or to be performed under the Terms and Conditions.
13. The CMP agrees that the Trustee shall be fully indemnified, out of the assets held
for the Adaptation Fund, including the Trust Fund resources, for any liabilities, claims,
losses, costs and expenses, including attorneys’ fees and expenses, incurred by the Trustee
in connection with or in any way arising out of its activities as Trustee, including but not
limited to any activities of the Trustee in connection with the Sale or the facilitation of the
Sale of the Share of Proceeds. Such indemnity shall not include any liabilities, claims,
FCCC/KP/CMP/2014/9/Add.1
7
losses, costs or expenses incurred by the Trustee as a direct result of its own gross
negligence or wilful misconduct.
14. The privileges and immunities accorded to the World Bank shall apply to the
property, assets, archives, operations and transactions of the Trust Fund. Nothing in the
Terms and Conditions shall be considered a waiver of any privileges or immunities of the
World Bank under its Articles of Agreement or any applicable law, all of which are
expressly reserved.
15. The CMP agrees that the Trustee shall be reimbursed annually from the assets held
for the Adaptation Fund, including the Trust Fund resources, for the fees, costs and
expenses incurred by it in connection with performing its functions under the Terms and
Conditions, including, without limitation, the costs and expenses incurred in connection
with the establishment and administration of the Trust Fund, the Sale of the Share of
Proceeds, and any and all services provided hereunder, including attorneys’ fees and
expenses and external auditors’ costs, costs of insurance policies and relevant service
providers’ fees. For this purpose, the Trustee shall submit to the Adaptation Fund Board a
proposal for mutual agreement for the services and activities to be provided by the Trustee
and estimated fees, costs and expenses to carry out such services and activities for the
initial and/or upcoming fiscal year, as applicable. Upon approval by the Adaptation Fund
Board of such a proposal, the Trustee shall deduct and transfer the amount of the estimated
fees, costs and expenses to its own account from the Trust Fund resources or such other
assets held for the Adaptation Fund; provided that the amount of the fees, costs and
expenses transferred may be subject to an end of year adjustment based on actual costs and
expenses incurred, as such an arrangement may be agreed between the Adaptation Fund
Board and the Trustee in connection with the aforementioned proposal.
16. In order to enable the Trustee to carry out its functions enumerated in the Terms and
Conditions, the Trustee shall be entitled to attend any meetings of the Adaptation Fund
Board and, as an observer, any meetings of the CMP which may concern the operations and
activities of the Adaptation Fund. Further, the CMP hereby requests the secretariat
servicing the Adaptation Fund Board in accordance with decision 1/CMP.3, and the
secretariat of the Convention (the UNFCCC secretariat), to cooperate fully with the
Trustee.
B. Administration of the Trust Fund
17. The Trustee shall receive and hold in the Trust Fund any proceeds from the Sale of
the Share of Proceeds conducted pursuant to paragraphs 24–28 below. If requested by the
Adaptation Fund Board, the Trustee may accept, on terms mutually agreed between the
Trustee and the Adaptation Fund Board, contributions from donors to support the
operations of the Adaptation Fund. For the avoidance of doubt, no Share of Proceeds shall
be held in the Trust Fund.
18. Subject to paragraphs 2 and 12 above, the Trustee shall administer the funds, assets
and receipts of the Trust Fund only for the purpose of, and in accordance with, the Terms
and Conditions and the relevant decisions of the CMP and the Adaptation Fund Board.
19. In accordance with decision 1/CMP.3, paragraph 21, and in conformity with the
administrative and investment arrangements of the Trustee, the Trustee shall hold the funds,
assets and receipts that constitute the Trust Fund separate and apart from the funds of the
World Bank. The Trustee shall establish and maintain separate records and accounts to
identify the resources of the Trust Fund, the commitments financed out of the Trust Fund,
and the receipts and transfers of funds in the Trust Fund.
FCCC/KP/CMP/2014/9/Add.1
8
20. The Trustee shall invest the funds held in the Trust Fund, pending their transfer
under paragraphs 15 above and 22 below, in accordance with the Trustee’s policies and
procedures for the investment of trust funds administered by the World Bank, including
commingling of the resources of the Trust Fund for administrative and investment purposes
with other trust fund assets maintained by the World Bank. The commingling of Trust Fund
resources for administrative and investment purposes should not affect the amount of
resources from proceeds of monetization of the Share of Proceeds available in the Trust
Fund for transfer of funds for Adaptation Fund operations, activities, projects and
programmes. The Trustee shall credit all income from such investment to the Trust Fund to
be used for the same purposes as other funds held in the Trust Fund. The CMP
acknowledges that no warranty is given by the Trustee as to the performance or profitability
of the investment of the funds held in the Trust Fund.
21. The funds held in the Trust Fund may be freely exchanged by the Trustee into other
currencies as may facilitate their administration and transfer.
22. The Trustee shall, subject to the availability of resources held in the Trust Fund,
record commitments and make transfers of funds from the Trust Fund in the manner agreed
between the Trustee and the Adaptation Fund Board, and only at, and in accordance with,
the written direction provided to the Trustee by the Adaptation Fund Board or any
Authorized Designee. Upon the transfer of funds, the Trustee shall not have any
responsibility for the use of the Trust Fund funds transferred and activities carried out
therewith, including but not limited to any responsibility with respect to supervising,
monitoring, reporting on or verifying activities carried out with the Trust Fund funds
transferred by the Trustee herein.
23. The Trustee shall prepare and furnish the Adaptation Fund Board with financial
reports of the Trust Fund annually (or at any other such frequency agreed between the
Trustee and the Adaptation Fund Board), and provide records and accounts of the Trust
Fund for audit by its external auditors annually (or at any other such frequency agreed
between the Trustee and the Adaptation Fund Board), in accordance with the policies and
procedures of the Trustee. Furthermore, the Trustee shall prepare and furnish the
Adaptation Fund Board with reports on the Sale of the Share of Proceeds for the Adaptation
Fund and on the status of commitments and transfers of Trust Fund funds annually (or at
any other such frequency agreed between the Trustee and the Adaptation Fund Board).
C. Sales of Share of Proceeds
24. The CMP hereby authorizes the Sale of the Share of Proceeds from the account
established and maintained at the CDM registry for the Adaptation Fund to hold and
transfer the Share of Proceeds to assist in meeting the costs of adaptation in accordance
with Article 12, paragraph 8, of the Kyoto Protocol (the CDM Account) in the manner set
forth hereunder.
25. The Sale of the Share of Proceeds from the CDM Account shall be administered
under the instructions, direction and guidance of the Adaptation Fund Board consistent with
its responsibility to supervise and manage the Adaptation Fund and for the monetization of
the Share of Proceeds.
26. Pursuant to the authority provided under paragraph 3 above, the Adaptation Fund
Board may cause to be entered into any and all contracts necessary for the Sale of the Share
of Proceeds from the CDM Account by granting to the Trustee any necessary power of
attorney on behalf of the CMP, so that the Trustee may execute contracts of Sale with the
relevant third-party Share of Proceeds purchasers and such other contracts necessary in
FCCC/KP/CMP/2014/9/Add.1
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connection with the Sale or the facilitation of the Sale of the Share of Proceeds, at the
direction of the Adaptation Fund Board pursuant to paragraph 28 below.
27. Pursuant to the authority provided under paragraph 8 above, and in furtherance of
paragraphs 24–26 above, the Trustee may, at the direction of the Adaptation Fund Board
pursuant to paragraph 28 below: (1) cause the transfer of the title to the Share of Proceeds
to the relevant third-party purchasers, or the cancellation of the Share of Proceeds, upon
receipt of payment in respect of the transfer or cancellation; (2) enter into arrangements
with the CDM Registry Administrator to effectuate such transfers or cancellations of the
Share of Proceeds; (3) engage with relevant service providers for the purposes of execution,
clearance, settlement and other logistic matters in connection with the Sale or the
facilitation of the Sale of the Share of Proceeds; and (4) take other such actions as
necessary to effectuate the Sale of the Share of Proceeds for the benefit of the Adaptation
Fund.
28. Sale of the Share of Proceeds and transfer of title or cancellation of the Share of
Proceeds in respect of such Sale pursuant to paragraphs 24–27 above shall be effected by
the Trustee only in accordance with the guidelines agreed in writing between the Trustee
and the Adaptation Fund Board.
D. Dispute resolution: notices
29. The CMP and the Trustee shall, to the extent possible, strive to resolve promptly and
amicably questions of interpretation and application of the Terms and Conditions and settle
any disputes, controversy or claim arising out of or relating to the Terms and Conditions.
30. Any dispute, controversy or claim arising out of or relating to the Terms and
Conditions, which has not been settled by agreement between the CMP and the Trustee,
shall be submitted to arbitration in accordance with the Arbitration Rules of the United
Nations Commission on International Trade Law (UNCITRAL) in force on the effective
date of the Terms and Conditions, and the following provisions: (1) the appointing
authority shall be the Secretary-General of the Permanent Court of Arbitration; and (2) the
language of the arbitral proceedings shall be English.
31. Any arbitral award under paragraph 30 above shall be final and binding upon the
CMP and the Trustee. The provisions set forth in paragraphs 29 and 30 above shall be in
lieu of any other procedure for the settlement of disputes between the CMP and the Trustee.
32. Any notice or request required or permitted to be given or made under the Terms
and Conditions and any other agreement between any of the parties contemplated by the
Terms and Conditions shall be in writing. Any such notice or request shall be deemed to
have been duly given or made once it has been delivered by hand, mail, facsimile or, if so
designated by the parties, by other electronic means, to the World Bank or the UNFCCC
secretariat, in the case of the CMP, to which it is required or permitted to be given or made
at such party’s address designated by notice to the World Bank or in the case of the CMP,
the UNFCCC secretariat, giving such notice or making such a request. Deliveries made by
facsimile or other electronic means shall also be confirmed by mail.
E. Amendment and termination
33. Any amendment to the Terms and Conditions shall become effective only upon
approval and acceptance by the CMP and the World Bank.
34. The Trustee’s role as trustee servicing the Adaptation Fund under the Terms and
Conditions shall be automatically terminated on 30 May 2017, unless the CMP and the
FCCC/KP/CMP/2014/9/Add.1
10
Trustee affirmatively agree in writing to extend beyond this date the term of the Trustee’s
services under the Terms and Conditions.
35. Notwithstanding paragraph 34 above, the CMP may at any time terminate the
appointment of the Trustee as trustee servicing the Adaptation Fund under the Terms and
Conditions. The Trustee’s role as trustee servicing the Adaptation Fund shall be terminated
three months after receipt by the Trustee of the notice in writing of the termination of the
appointment.
36. Notwithstanding paragraph 34 above, the Trustee may at any time terminate its role
as trustee servicing the Adaptation Fund by giving the CMP notice in writing no less than
three months prior to any session of the CMP. The Trustee’s role as trustee servicing the
Adaptation Fund shall be terminated immediately after the session of the CMP which
immediately follows the notice by the Trustee. In the event that no session of the CMP is
held within 12 months of the Trustee giving notice, however, the Trustee’s role shall be
terminated 12 months after the Trustee has given notice.
37. Following termination of the Trustee’s role as trustee servicing the Adaptation Fund
pursuant to paragraphs 34, 35 or 36 above, the Trustee shall carry on no business for the
Adaptation Fund except for the purpose of winding up its affairs. The Trustee shall take all
necessary action for winding up its affairs in an expeditious manner, and for meeting the
commitments already made by the Trustee and the transfer of any remaining funds, assets
and receipts in the Trust Fund, as directed by the Adaptation Fund Board. The CMP hereby
mandates that in such circumstances the Adaptation Fund Board shall provide such
direction to the Trustee without undue delay. All of the powers and rights of the Trustee
under the Terms and Conditions, including the right to be reimbursed for the fees, costs and
expenses incurred under paragraph 15 above, shall continue until the affairs of the Trustee
shall have been wound up.
F. Effectiveness
38. The Terms and Conditions or any amendments to the same shall become effective
and constitute an agreement between the CMP and the World Bank upon decisions by the
CMP and the World Bank to approve and accept the Terms and Conditions or any
amendments to the same.
10th plenary meeting
12 December 2014
FCCC/KP/CMP/2014/9/Add.1
11
Decision 2/CMP.10
Second review of the Adaptation Fund
The Conference of the Parties serving as the meeting of the Parties to the Kyoto
Protocol,
Underlining the crucial importance of the Adaptation Fund as an essential channel
for supporting adaptation action and the main promoter of direct access, together with its
focus on funding the full costs of concrete adaptation projects and programmes in
developing countries,
Noting with deep concern the continued issues related to the sustainability,
adequacy and predictability of funding from the Adaptation Fund, given the current prices
of certified emission reductions, which affect its ability to fulfil its mandate,
1. Takes note of the report of the Adaptation Fund Board
1
and the technical paper on
the second review of the Adaptation Fund;
2
2. Underlines the urgent implementation of the resource mobilization strategy of the
Adaptation Fund Board;
3. Encourages the Adaptation Fund Board to consider the following options for
addressing the predictability of resources, in particular:
(a) The scale of resources;
(b) Regular estimates of the resources needed;
(c) Continuous review of the status of projects;
4. Requests the Adaptation Fund Board to consider options, including those contained
in the technical paper referred to in paragraph 1 above, for addressing the diversification of
revenue streams of the Adaptation Fund, in accordance with the mandate of the Fund;
5. Also requests the Adaptation Fund Board to consider, under its readiness
programme, the following options for enhancing the access modalities of the Adaptation
Fund:
(a) Targeted institutional strengthening strategies to assist developing countries,
in particular the least developed countries, to accredit more national or regional
implementing entities to the Adaptation Fund;
(b) Ensuring that accredited national implementing entities have increased and
facilitated access to the Adaptation Fund, including for small-sized projects and
programmes;
6. Further requests the Adaptation Fund Board to consider options for developing
operational linkages, as appropriate, between the Adaptation Fund and constituted bodies
under the Convention, taking into consideration the mandates of the respective bodies;
7. Takes note of decision 6/CP.20 concerning the request of the Conference of the
Parties to the Standing Committee on Finance to consider issues related to possible future
institutional linkages and relations between the Adaptation Fund and other institutions
under the Convention;
1
FCCC/KP/CMP/2014/6.
2
FCCC/TP/2014/7.
FCCC/KP/CMP/2014/9/Add.1
12
8. Decides to extend to June 2017 the interim arrangements with the secretariat of the
Adaptation Fund Board and the trustee of the Adaptation Fund, with a view to further
consideration by the Conference of the Parties serving as the meeting of the Parties to the
Kyoto Protocol of options for permanent institutional arrangements for the secretariat and
trustee, including via an open and competitive bidding process and on the basis of the cost
and time frame of each option and its legal and financial implications;
9. Requests the Subsidiary Body for Implementation, at its forty-fourth session (May
2016), to initiate the third review of the Adaptation Fund, in accordance with the terms of
reference contained in the annex to decision 2/CMP.9, or as they may be subsequently
amended, and to report back to the Conference of the Parties serving as the meeting of the
Parties to the Kyoto Protocol at its twelfth session (November–December 2016), with a
view to the review being undertaken by the Conference of the Parties serving as the
meeting of the Parties to the Kyoto Protocol at its thirteenth session (November–December
2017);
10. Also requests the Adaptation Fund Board to include in its report to the Conference
of the Parties serving as the meeting of the Parties to the Kyoto Protocol at its eleventh
session (November–December 2015) information on the progress made in relation to the
matters referred to in paragraphs 3–6 above.
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12 December 2014
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13
Decision 3/CMP.10
Date of the completion of the expert review process under
Article 8 of the Kyoto Protocol for the first commitment
period
The Conference of the Parties serving as the meeting of the Parties to the Kyoto
Protocol,
Recalling decision 27/CMP.1, annex, section XIII,
Also recalling decisions 13/CMP.1, 14/CMP.1 and 22/CMP.1,
Emphasizing the importance of the expert review process under Article 8 of the
Kyoto Protocol for the last year of the commitment period, in view of the central role of
this process in the assessment of Party compliance with commitments under Article 3,
paragraph 1, of the Kyoto Protocol,
Concerned that a significant proportion of annual inventory review reports have not
been finalized by 15 April of the year following the submission of annual reports in recent
annual review cycles, despite measures identified to facilitate their timely completion,
Recognizing that the 2014 review process may encounter further difficulty due to the
complexity of the process, as it is the last review for the first commitment period and that
delays may result from factors that are not within the control of the Party subject to review,
Recalling that the secretariat maintains a compilation and accounting database to
compile and account for emissions and assigned amounts, pursuant to Article 3, paragraphs
7 and 8, of the Protocol and of additions to, and subtractions from, assigned amounts,
pursuant to the same paragraphs, for the accounting of the compliance assessment, in order
to facilitate the assessment of the compliance of each Party included in Annex I with its
commitment under Article 3, paragraph 1, of the Protocol,
Noting the importance of transparent information on the status of the 2014
compliance review in advance of the eleventh session of the Conference of the Parties
serving as the meeting of the Parties to the Kyoto Protocol, to be held from 30 November to
11 December 2015,
1. Decides that the expert review process under Article 8 of the Kyoto Protocol for the
last year of the first commitment period shall be completed by 10 August 2015 and decides
that if the expert review process is not completed by this date, it shall continue, and the date
of completion shall be the date of publication of the last inventory review report for the last
year of the first commitment period;
2. Urges the secretariat to expedite the review process to satisfy this deadline;
3. Decides that the report upon expiration of the additional period for fulfilling
commitments for the first commitment period, covering the information required in
decision 13/CMP.1, annex, paragraph 49, using the standard electronic format tables as
agreed in decision 14/CMP.1, shall be submitted as soon as practicable but not later than 45
days after the expiration of the additional period for fulfilling commitments for the first
commitment period (hereinafter referred to as the true-up period);
4. Also decides that the secretariat shall produce, in electronic format, on 30 September
2015 and every four weeks thereafter, until the month of the completion of the true-up
FCCC/KP/CMP/2014/9/Add.1
14
period, the following information for each Party with a commitment in Annex B for the
first commitment period, indicating clearly the source of this information:
(a) Inventory data for each year of the commitment period;
(b) Total emissions over the commitment period;
(c) Total quantity of units held in Party holding accounts, cancellation accounts,
and the retirement account;
5. Further decides that this information should include the total quantity of aggregated
holdings in the clean development mechanism registry;
6. Decides that information on the review processes remaining to be completed should
be provided by the secretariat together with the information referred to in paragraph 4
above, including information on which reviews are incomplete, which stage the incomplete
review processes have reached, on what dates previous stages were completed and, to the
extent possible, when outstanding stages are expected to be completed.
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12 December 2014
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15
Decision 4/CMP.10
Guidance relating to the clean development mechanism
The Conference of the Parties serving as the meeting of the Parties to the Kyoto
Protocol,
Recalling the provisions of the Kyoto Protocol and decision 1/CMP.8,
Cognizant of decision 3/CMP.1 and subsequent guidance provided by the
Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol
relating to the clean development mechanism,
I. General
1. Welcomes the annual report for 2013–2014 of the Executive Board of the clean
development mechanism;
1
2. Commends the Executive Board for the substantial work undertaken over the past
year;
3. Expresses satisfaction with the progress of the clean development mechanism of the
Kyoto Protocol, which to date has been responsible for:
(a) Over 7,500 project activities being registered in over 95 countries;
(b) Over 1,700 component project activities being included in over 270
programmes of activities registered in over 75 countries;
(c) Over 1.5 billion certified emission reductions being issued and over USD 215
billion being invested;
(d) Over 1.6 million certified emission reductions being voluntarily cancelled;
(e) Over 30 million certified emission reductions being transferred through the
share of proceeds to the Adaptation Fund;
(f) Over USD 190 million of revenue being accrued for the Adaptation Fund
from the sale of certified emission reductions;
(g) 56 loans under the clean development mechanism loan scheme being
approved and over USD 5 million of total commitment;
(h) 16 sustainable development co-benefits description reports being published
using the voluntary sustainable development tool;
2
4. Designates as operational entities those entities that have been accredited, and
provisionally designated, as operational entities by the Executive Board to carry out the
sector-specific validation and verification functions described in annex I;
1
FCCC/KP/CMP/2014/5.
2
Referred to in decision 5/CMP.8.
FCCC/KP/CMP/2014/9/Add.1
16
II. Baseline and monitoring methodologies and additionality
5. Requests the Executive Board to further consider the implications of allowing
requests for revision of a baseline and monitoring methodology without a draft project
design document in cases where the Executive Board considers that the assessment of such
a request can be conducted without project-specific information, in order to provide
flexibility in the provisions contained in decision 3/CMP.1, annex, paragraph 38, and report
back to the Conference of the Parties serving as the meeting of the Parties to the Kyoto
Protocol at its eleventh session for its consideration;
6. Encourages the Executive Board to continue its work on the simplification and
streamlining of baseline and monitoring methodologies with the aim of reducing
transaction costs for all project activities and programmes of activities, taking into account
that countries, regions and subregions underrepresented in the clean development
mechanism are especially affected by high transaction costs;
7. Decides to replace decision 5/CMP.1, annex, paragraph 32, related to the flexibility
in the timing of verification for afforestation and reforestation project activities, with the
paragraph contained in annex II;
8. Requests the Executive Board to explore additional cost-effective approaches to
demonstrating the eligibility of land to qualify as a clean development mechanism
afforestation or reforestation project activity, and report back on this matter to the
Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol at its
eleventh session for its consideration;
III. Registration of clean development mechanism project
activities and issuance of certified emission reductions
9. Decides to allow the validation by a designated operational entity and the
submission for approval by the Executive Board of a monitoring plan at any time up to the
first request for issuance of certified emission reductions for all scales of project activities
and programmes of activities in order to provide flexibility in the provisions contained in
sections G. and H. of the annex to decision 3/CMP.1;
10. Endorses the development of a procedure by the Executive Board that would allow
for the voluntary deregistration of clean development mechanism project activities by
project participants, while ensuring environmental integrity and the consultation of Parties
involved;
11. Requests the Executive Board to report on the implementation of the procedure for
voluntary deregistration to the Conference of the Parties serving as the meeting of the
Parties to the Kyoto Protocol at its eleventh session;
12. Also requests the Executive Board to publish its procedures for dealing with
communications from stakeholders;
13. Further requests the Executive Board to further analyse options to allow the
simplified registration of project activities and programmes of activities that qualify as
automatically additional and report back to the Conference of the Parties serving as the
meeting of the Parties to the Kyoto Protocol at its eleventh session for its consideration; the
options would include, inter alia, that registration is approved on the basis of a standardized
pre-approved registration template using objective criteria without prior validation through
a designated operational entity, combined with ex post confirmation by a designated
FCCC/KP/CMP/2014/9/Add.1
17
operational entity during the first verification of the compliance with the registered
template of the implemented project activity or programme of activities;
14. Requests the Executive Board to analyse the implications, and possible provisions
for ensuring environmental integrity, of allowing the same designated operational entity to
carry out validation and verification for the same project activity or programme of activities
of all scales and report back on this matter to the Conference of the Parties serving as the
meeting of the Parties to the Kyoto Protocol at its eleventh session for its consideration;
15. Also requests the Executive Board to develop and digitize methodology-specific
design document forms for project activities and programmes of activities;
16. Decides that, for multi-country programmes of activities, a request for review of a
request for issuance raised by a host Party of a programme of activities shall affect only the
component project activities in the territory of that Party;
17. Requests the Executive Board to streamline provisions relating to programmes of
activities in the “CDM project standard”, “CDM validation and verification standard”,
“CDM project cycle procedure” and other relevant documents, with a view to achieving
consistency in a consolidated set of rules;
18. Also requests the Executive Board to consider adjusting, and if appropriate
implement, the rules governing programmes of activities to reflect the special features of
programmes of activities in order to facilitate effective implementation and reduce
associated transaction costs while ensuring environmental integrity, taking into account the
implications for liability with regard to the issuance of certified emission reductions
resulting from significant deficiencies in validation, verification and certification reports,
including rules that:
(a) Apply microscale thresholds at the unit level rather than at the component
project activity level;
(b) Allow, as an option, a simplified validation and registration process for
activities that satisfy microscale thresholds and are considered automatically additional; this
option shall allow for:
(i) Validation of a programme of activities without the submission of a specific-
case component project activity;
(ii) Inclusion on the basis of a pre-approved standardized inclusion template of
component project activities carried out directly by the coordinating/managing entity
without prior validation through a designated operational entity;
IV. Regional and subregional distribution
19. Requests the Executive Board to explore and analyse options to improve
accreditation of operational entities in regions underrepresented in the clean development
mechanism, and report back on this matter to the Conference of the Parties serving as the
meeting of the Parties to the Kyoto Protocol at its eleventh session for its consideration;
V. Resources for work on the clean development mechanism
20. Requests the Executive Board to ensure the prudent management of the resources of
the clean development mechanism and its ability to perform its duties in maintaining and
developing the mechanism up to the end of the true-up period of the second commitment
period of the Kyoto Protocol.
FCCC/KP/CMP/2014/9/Add.1
18
Annex I
Entities accredited and provisionally designated by the Executive Board
of the clean development mechanism in the reporting period, including
entities for which the scope of accreditation was extended (5 October
2013 to 30 September 2014)
Sectoral scopes (validation and verification)
1–5, 12–14
1–15
1–5, 8–10, 13
14
1–5, 8–10, 13, 15
1–10, 13
1–15
1–15
1–5, 7, 10, 13–15
1, 4, 5, 8–10, 12, 13
1–5, 8, 10, 12, 13, 15
6
1–15
1, 3–5, 8, 10, 12, 13, 15
1–11, 13–15
1–5, 8–10, 13, 15
14
1, 3, 4, 9, 10, 13, 15
1–5, 7–10, 13, 15
1
1
14
1, 3, 13, 14
1, 2, 4, 5, 8–10, 13
1–4, 6, 8, 9, 14
FCCC/KP/CMP/2014/9/Add.1
19
Sectoral scopes (validation and verification)
1, 3–5, 9, 10, 13, 14
11
1, 3–5, 7, 9, 10, 12, 13, 15
1, 3–5, 7, 9, 11–15
2, 6, 8, 10
1, 3, 13
2, 4, 5, 6, 7, 9, 10, 14, 15
1, 4–5, 9–11, 13
1–5, 8–11, 13
1, 7, 13
1–5, 9, 10, 13
1, 13
1–13
1–13, 15
1–4, 7, 9, 10, 12, 13, 15
1
1–11 ,13–15
1–7, 9–13, 15
1–4, 6–10, 13
1–4, 7–10, 13, 15
1–15
1–15
1–16
1–15
1–15
1, 13
a Accreditation granted for five years as per decision 5/CMP.8, paragraph 20.
b Accreditation period extended from three to five years as per decision 5/CMP.8, paragraph 20.
c Extension of sectoral scopes. Only the new sectoral scopes are indicated.
d Reaccreditation granted for five years as per decision 5/CMP.8, paragraph 20.
e Voluntary withdrawal of accreditation. Only the withdrawn sectoral scopes are indicated.
f Voluntary withdrawal of accreditation in its entirety.
FCCC/KP/CMP/2014/9/Add.1
20
Annex II
Flexibility in the timing of the verification of afforestation and
reforestation project activities
Replacement of decision 5/CMP.1, annex, paragraph 32:
“The initial verification and certification of an afforestation or reforestation project activity
under the clean development mechanism may be undertaken at a time selected by the
project participants. In the case of afforestation or reforestation project activities for which
tCERs are issued, subsequent verification and certification may be carried out at most once
in each subsequent commitment period, at a time selected by the project participants. For
afforestation or reforestation project activities for which lCERs are issued, subsequent
verifications and certifications shall be carried out within eight years of the date when the
previous certification report was submitted until the end of the crediting period.”
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12 December 2014
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Decision 5/CMP.10
Guidance on the implementation of Article 6 of the
Kyoto Protocol
The Conference of the Parties serving as the meeting of the Parties to the Kyoto
Protocol,
Recalling the provisions of Articles 3 and 6 of the Kyoto Protocol and decision
1/CMP.8,
Cognizant of decision 9/CMP.1 and subsequent guidance provided by the
Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol
relating to joint implementation,
1. Takes note of the achievements of joint implementation in the period 2006–2014,
accounting for 548 Track 1 projects,
1
51 Track 2 projects,
2
five accredited independent
entities and over 856 million emission reduction units issued for emission reductions
generated for the first commitment period of the Kyoto Protocol;
2. Takes note with appreciation of the annual report for 2013–2014 of the Joint
Implementation Supervisory Committee
3
and the status of work undertaken by the
Committee, in particular:
(a) The additional recommendations on the transition from the existing to the
revised joint implementation guidelines, as a further complement to the recommendations
submitted by the Committee to the Conference of the Parties serving as the meeting of the
Parties to the Kyoto Protocol in 2012 and 2013;
(b) The recommendations and the report on progress made in relation to the
accreditation system for joint implementation aligned with that of the clean development
mechanism;
3. Reiterates its concern regarding the difficult market situation currently faced by
participants in joint implementation and the need to ensure the continued success of the
mechanism in order to assist Parties with a quantified emission limitation or reduction
commitment inscribed in the third column of Annex B in the Doha Amendment, contained
in annex I to decision 1/CMP.8 in meeting their commitments for the second commitment
period under Article 3 of the Kyoto Protocol;
4. Takes note of the ongoing work of the Subsidiary Body for Implementation on the
review of the joint implementation guidelines,
4
as contained in the annex to decision
9/CMP.1;
5. Requests the secretariat to prepare a technical paper, for consideration by the
Subsidiary Body for Implementation at its forty-second session (June 2015), on the
opportunities for cost savings and efficiencies for joint implementation, learning from the
experiences of the clean development mechanism, while recognizing the respective
mandates of the two mechanisms;
1
Decision 9/CMP.1, annex, paragraph 23.
2
The verification procedure under the Joint Implementation Supervisory Committee, defined in
decision 9/CMP.1, annex, paragraphs 30–45.
3
FCCC/KP/CMP/2014/4.
4
See document FCCC/SBI/2014/21, paragraphs 54 and 55.
FCCC/KP/CMP/2014/9/Add.1
22
6. Invites Parties to submit to the secretariat, by 16 March 2015, examples of voluntary
technical approaches, designed by host Parties for their joint implementation projects, that
could assist the host Parties in achieving their quantified emission limitation or reduction
commitments under the Kyoto Protocol;
7. Requests the secretariat to synthesize these submissions into a synthesis report for
consideration by the Subsidiary Body for Implementation at its forty-second session;
8. Also requests the Joint Implementation Supervisory Committee to submit elaborated
recommendations, for consideration by the Subsidiary Body for Implementation at its forty-
second session, on the review of the joint implementation guidelines;
9. Further requests the Joint Implementation Supervisory Committee to ensure
sufficient infrastructure and capacity for the mechanism’s use by Parties until at least the
end of the additional period for fulfilling commitments under the second commitment
period of the Kyoto Protocol, and to keep the joint implementation management plan under
review, making necessary adjustments to ensure the efficient, cost-effective and transparent
functioning of joint implementation.
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12 December 2014
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23
Decision 6/CMP.10
Synergy relating to accreditation under the mechanisms of
the Kyoto Protocol
The Conference of the Parties serving as the meeting of the Parties to the Kyoto
Protocol,
Recalling decision 6/CMP.8, paragraph 15(b),
1. Requests the Executive Board of the clean development mechanism and the Joint
Implementation Supervisory Committee to collaborate in considering the establishment of a
joint accreditation committee under their authority and supervision and in the operation of
accreditation, within the mandates established by decisions 3/CMP.1 and 9/CMP.1 and
other relevant decisions of the Conference of the Parties serving as the meeting of the
Parties to the Kyoto Protocol related to accreditation;
2. Also requests the Executive Board of the clean development mechanism and the
Joint Implementation Supervisory Committee to report on the progress of the actions
referred to in paragraph 1 above to the Conference of the Parties serving as the meeting of
the Parties to the Kyoto Protocol at its eleventh session (November–December 2015).
10th plenary meeting
12 December 2014
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24
Decision 7/CMP.10
Outcome of the work programme on modalities and
procedures for possible additional land use, land-use change
and forestry activities under the clean development
mechanism
The Conference of the Parties serving as the meeting of the Parties to the Kyoto
Protocol,
Affirming that the implementation of land use, land-use change and forestry
activities included under the provisions of the Kyoto Protocol shall be consistent with the
objectives and principles of, and any decisions taken under, the Convention and its Kyoto
Protocol,
Recalling decisions 5/CMP.1, 6/CMP.1 and 16/CMP.1,
Having considered decision 2/CMP.7,
1. Requests the Executive Board of the clean development mechanism, in the context
of the work programme referred to in decision 2/CMP.7, paragraph 6, to assess the
applicability of the modalities and procedures contained in decisions 5/CMP.1 and
6/CMP.1 to project activities involving revegetation, based on the definition contained in
decision 16/CMP.1, annex, paragraph 1(e), including in areas with agroforestry and
silvopastoral practices where the established vegetation is not likely to reach the forest
thresholds selected by the host Party under decision 5/CMP.1, annex, paragraph 8, in the
event that such project activities would be eligible under the clean development
mechanism;
2. Also requests the Executive Board of the clean development mechanism to report to
the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol, at
its eleventh session (November–December 2015), on the outcome of the assessment
referred to in paragraph 1 above, including an indication of sections of the modalities and
procedures in which modifications would be needed in respect of the project activities
referred to in paragraph 1 above;
3. Further requests the Subsidiary Body for Scientific and Technological Advice, in
the context of the work referred to in paragraph 4 below, to consider the report of the
Executive Board of the clean development mechanism referred to in paragraph 2 above at
its forty-third session (November–December 2015);
4. Requests the Subsidiary Body for Scientific and Technological Advice to continue,
under the work programme referred to in paragraph 1 above, its consideration of additional
land use, land-use change and forestry activities under the clean development mechanism at
its forty-fourth session (May 2016), with a view to recommending a draft decision on this
matter for consideration and adoption by the Conference of the Parties serving as the
meeting of the Parties to the Kyoto Protocol at its twelfth session (November–December
2016).
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12 December 2014
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25
Decision 8/CMP.10
Administrative, financial and institutional matters
The Conference of the Parties serving as the meeting of the Parties to the Kyoto
Protocol,
Recalling Article 13, paragraph 5, of the Kyoto Protocol,
Also recalling decision 27/CP.19, in particular paragraph 11,
Further recalling paragraph 11 of the financial procedures of the Conference of the
Parties, which also applies to the Kyoto Protocol,
1
Taking note of decision 22/CP.20,
Having considered the information contained in the documents prepared by the
secretariat on administrative, financial and institutional matters,
2
I. Audited financial statements for the biennium 2012–2013
1. Takes note of the audited financial statements for the biennium 2012–2013, the audit
report of the United Nations Board of Auditors, which includes recommendations, and the
comments of the secretariat thereon;
2. Expresses its appreciation to the United Nations for arranging the audits of the
accounts of the Convention and for the valuable observations and recommendations of the
auditors;
3. Urges the Executive Secretary to implement the recommendations of the auditors, as
appropriate;
II. Budget performance report for the biennium 2014–2015
4. Takes note of the report on budget performance for the biennium 2014–2015 as at 30
June 2014 and the status of contributions as at 15 November 2014 to the trust funds
administered by the secretariat;
5. Expresses its appreciation to Parties that made contributions to the core budget and
to the international transaction log
3
in a timely manner;
6. Calls upon Parties that have not yet made contributions to the core budget or to the
international transaction log to do so without delay, bearing in mind that contributions are
due on 1 January of each year in accordance with the financial procedures of the
Conference of the Parties;
7. Expresses its appreciation for the contributions received from Parties to the Trust
Fund for Participation in the UNFCCC Process and to the Trust Fund for Supplementary
Activities;
1
Annex I to decision 15/CP.1.
2
FCCC/SBI/2014/10, FCCC/SBI/2014/16 and Add.1 and 2, and FCCC/SBI/2014/INF.23.
3
See document FCCC/SBI/2014/INF.23.
FCCC/KP/CMP/2014/9/Add.1
26
8. Urges Parties to further contribute to the Trust Fund for Participation in the
UNFCCC Process, in order to ensure the widest possible participation in the negotiations in
2015, and to the Trust Fund for Supplementary Activities;
9. Reiterates its appreciation to the Government of Germany for its annual voluntary
contribution to the core budget of EUR 766,938 and its special contribution of EUR
1,789,522 as Host Government of the secretariat;
III. Programme budget for the biennium 2016–2017
10. Requests the Executive Secretary to submit, for consideration by the Subsidiary
Body for Implementation at its forty-second session (June 2015), a proposed programme
budget for the biennium 2016–2017;
11. Also requests the Executive Secretary, when preparing the programme budget for
the biennium 2016–2017, to prepare a contingency for funding conference services,
4
should
this prove necessary in the light of decisions taken by the General Assembly at its
seventieth session;
12. Further requests the Subsidiary Body for Implementation to recommend, at its
forty-second session, a programme budget for adoption by the Conference of the Parties at
its twenty-first session and the Conference of the Parties serving as the meeting of the
Parties to the Kyoto Protocol at its eleventh session (November–December 2015);
13. Authorizes the Executive Secretary to notify Parties of their indicative contributions
for 2016 on the basis of the recommended budget.
10th plenary meeting
12 December 2014
4
See document FCCC/SBI/2013/6, paragraphs 59–62, for an overview.
FCCC/KP/CMP/2014/9/Add.1
27
Resolution 1/CMP.10
Expression of gratitude to the Government of the Republic of
Peru and the people of the city of Lima
Draft resolution submitted by France
The Conference of the Parties and the Conference of the Parties serving as the
meeting of the Parties to the Kyoto Protocol,
Having met in Lima from 1 to 12 December 2014 at the invitation of the
Government of the Republic of Peru,
1. Express their profound gratitude to the Government of the Republic of Peru for
having made it possible for the twentieth session of the Conference of the Parties and the
tenth session of the Conference of the Parties serving as the meeting of the Parties to the
Kyoto Protocol to be held in Lima;
2. Request the Government of the Republic of Peru to convey to the city and people of
Lima the gratitude of the Conference of the Parties and the Conference of the Parties
serving as the meeting of the Parties to the Kyoto Protocol for the hospitality and warmth
extended to the participants.
10th plenary meeting
14 December 2014

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