The Fourth National Clean Development Mechanism (CDM) Workshop was held on November 27th, 2013 at Paria Suites Hotel and Conference Centre. This workshop sought to bring closure to the CDM Project. It was also done in conjunction with the  Multilateral Environmental Agreements (MEA) Sensitisation Session which was focused on engendering an understanding of, and support for, the successful implementation for the MEAs to which  Trinidad and Tobago are signatory, through increasing stakeholder awareness of the Conventions and their organisations roles in implementation.

In addition, to conclude the CDM project activities, the findings of the Reports for the project “Mainstreaming Climate Change into National Development and Capacity Building for the participation in carbon markets” were presented to raise awareness among stakeholders and identify nexuses.All the participants from former workshops were invited, as well as other important stakeholders from the energy and fiduciary sectors. All of the major MEAs to which Trinidad and Tobago are signatory were highlighted and briefly explained.

The major nexus between these conventions and the roles that CDM and the participants play were also identified and  explained so that participants could understand the long term vision of the MEA focal point network database. Additionally, it was also highlighted the importance of their continued participation and cooperation to work with the Ministry of the Environment and Water Resources in rolling out what was also pinpointed as national initiatives and the goal of the National Climate Change Policy.

A summary of the UNEP Gap Report 2013 was also provided and a short history of the CDM and the future of carbon markets were also explained. Due to increasing challenges in CDM such as the uncertainty in the market carbon process, and the complexity of the CDM process leading to low levels of CDM activities in the Caribbean Region, the UNFCCC Regional Collaborative Centre in Grenada was established amongst other regional centres.

This Centre was formed to further aid in the growth of potential CDM projects by providing technical support and other related expert services to expand the regions carbon market potential. Potential benefits and projects were highlighted to the  stakeholders to express the level of support that would be provided for future CDM projects.

A presentation was made by Petrotrin explaining their CDM  project, and the process it took them to reach the stage of registration. They also explained the lessons learnt going through all the steps and the potential benefits to other organisations in partnering with them under their Programme of Activity (PoA). 

To close the workshop, the way forward and the next steps for Trinidad and Tobago were outlined by identifying the national initiatives and projects such as carbon and capture and storage, the mainstreaming of climate change into national development, and the elaboration of a strategy for reducing  carbon emissions.