TENTH PLENARY MEETING OF THE LEADING GROUP ON INNOVATIVE FINANCING FOR DEVELOPMENT
MADRID, FEBRUARY 27, 2012
The Yasuni ITT Initiative and Net Avoided Emissions
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Yasuni National Park
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Management Alternatives for Yasuni National Park: Multicriteria Analysis Results
Análisis Multicriterio de la Iniciativa Yasuní ITT. María Cristina Vallejo et Al. (Programa Yasuní) DOWNLOAD PDF: http://www.ambiente.gob.ec/sites/default/files/users/dvelalcazar/ANALISIS_MULTICRITERIO_YITT.pdf
Ranking of Alternatives:A= Yasuni ITTBTT= Exploitation Scenario 1BITT= Exploitation Scenario 2
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Management Alternatives for Yasuni National Park: Multicriteria Analysis Results
Análisis Multicriterio de la Iniciativa Yasuní ITT. María Cristina Vallejo et Al. (Programa Yasuní) http://www.ambiente.gob.ec/sites/default/files/users/dvelalcazar/ANALISIS_MULTICRITERIO_YITT.pdf
Opportunity Cost:
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The Yasuni – ITT Initiative
• Biodiversity protection• Respect of the Rights of
Indigenous Peoples • Transition to «good-
living» (buen vivir) and Rights of Nature
• Support Yasuni (UNDP Fund): mdtf.undp.org/yasuni
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What is Net Avoided Emissions (NAE)?
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«Net Avoided Emissions» (NAE) Objectives: Establishment of Synergies
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NAE at the United Nations Framework Convention on Climate Change (UNFCCC)
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Mechanism design: Governance
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Mechanism design: Cost-effectiveness
The Yasuni-ITT Initiative: enhancing cost-effectiveness of, and promoting, mitigation actions, Document for UNFCCC: -Views on the evaluation of various approaches in enhancing the cost-effectiveness of, and promoting, mitigation actions Submissions from Parties (7 April 2011) - Submission from Ecuador
Mitigation actions in Ecuador
(Land-use sector)
Region/Country
Cost (USD/CO2eq
ton)Source
Yasuni-ITT Ecuador $0,015 – $0,02Submissions Form Parties (07/April/11) Yasuni ITT Cost-Effectiveness (Ecuador), UNFCCC
Socio Bosque (sim. REDD) Ecuador $0,24 Ortega-Pacheco et al. (2010)
PROFAFOR (sim. MDL) Ecuador $1,42 Wunder and Alban (2008)
Offsets Forests Ecuador $1,22 Antinori and Sathaye (2007)
Offsets Forests Global $0,38 Antinori and Sathaye (2007)
1,4% cost/CDM ton CO2eq
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Mechanism design: Safeguards
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Mechanism design: Advantages with regards to existing mechanisms
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Mechanism design: Environmental Integrity (efficacy)
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Expected Outcomes for 2012
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THANK YOU
Analiz Vergara Environment and Climate Change Division
Ministry of Foreign Affairs, Trade and IntegrationQuito, Ecuador
[email protected]@mmrree.gob.ec
Ecuadorian Embassy in [email protected]
Min. Germán Espinoza: [email protected]
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Annex 1: The Yasuni ITT Initiative - Deforestation Component
The Yasuni-ITT Initiative: enhancing cost-effectiveness of, and promoting, mitigation actions, Document for UNFCCC: -Views on the evaluation of various approaches in enhancing the cost-effectiveness of, and promoting, mitigation actions Submissions from Parties (7 April 2011) - Submission from Ecuador
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Anex 2: Cost-effectiveness of mitigation actions in Ecuador (Land-use sector)
NPV (desc. Rate 6%)
NPV (desc. Rate 12%)
Type ActivityEmissions
(millon ton CO2eq)
Cost (million USD)
Cost (USD/ton CO2eq)
Cost (million
USD)
Cost (USD/ton CO2eq)
Yasuni-ITT Programmatic/avoidance
Oil extration 407 20,78 0,017 18,38 0,015Deforestation (máx.) 820 24,53 0,02 21,85 0,018
Socio-Bosque Proyects/ secuestration Deforestation 26,9 7,9 0,24 7,9 0,24
PROFAFOR CDM-like Reforestation 2,23 6,54 0,58 6,54 0,58
The Yasuni-ITT Initiative: enhancing cost-effectiveness of, and promoting, mitigation actions, Document for UNFCCC: -Views on the evaluation of various approaches in enhancing the cost-effectiveness of, and promoting, mitigation actions Submissions from Parties (7 April 2011) - Submission from Ecuador
