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LRQA Presents on CDM and Climate Change Mechanisms at Carbon Forum Asia

27th October 2010 by Madlen King

Madlen King, LRQA’s Global Head of Climate Change and Sustainability, was a panelist during the “CDM – The Good, the Bad and the Ugly” session on Day One of the Carbon Forum Asia in Singapore.

Madlen’s presentation focused on the impact that changes to schemes have on project registrations and issuance. She talked about the new competence requirements for Designated Operational Entities (DOE’s). Madlen believes that the latest changes do not fully take into account the expressed concerns from DOE’s and the lessons that should have been learned from the development and implementation of other schemes and international standards.Madlen said, “The need for change in the CDM is accepted, but when those changes involve little or no stakeholder consultation and take effect immediately, progress is negatively impacted and there is an overall loss of confidence.”

In additional news from Day One of the Carbon Forum Asia, the first session of the conference reviewed what the climate change market could look like post 2012. General consensus was that there will be regulated markets, definitely bottom up national schemes, and voluntary markets. Most of the speakers and delegates were positive regarding the future but hedging their bets by diversifying across schemes.

The afternoon sessions covered specific market developments in China, Japan, Korea and the USA. COP 16 taking place next month in Cancun was also discussed.

LRQA’s Head of Climate Change and CSR services in Asia, Robert Hansor, will be presenting on Day Two of the Carbon Forum Asia.

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