A Programme is a set of projects that pursue the same objectives, which may differ by working with different populations and/or using different intervention strategies.

A Programme of Activities (PoA) in the carbon market is a structure that joins similar projects. In this way, it enables to develop an unlimited number of activities of the same type. Therefore, the interest of implementing the Programme modality is double:

  • Ease processes in the long term, taking advantage of the similarity of activities. The whole process of certification is performed only once for the PoA.
  • Reduce costs in the long term, taking advantage of the possibility of including, at any time, a new project to reduce marginal costs.
 
 

 

The concept of Programme of activities (PoA or even Programmematic CDM) is described in EB 47, Annex 29, third paragraph, as follows:

A Programme of activities (PoA) is a voluntary coordinated action by a private or public entity which coordinates and implements any policy/measure or stated goal (i.e. incentive schemes and voluntary Programmes), which leads to anthropogenic GHG emission reductions or net anthropogenic greenhouse gas removals by sinks that are additional to any that would occur in the absence of the PoA, via an unlimited number of CDM Programme activities (CPAs).

In other words, a PoA:

  • Is a voluntary action.
  • Implements a policy, measure or goal.
  • Is coordinated by a public or private entity.

Differences between project and Programme of Activities in the carbon market:

 

 

The list of developing and managing Programmes is available on the website of the United Nations Programme for Environment (CDM UNFCC) for the oficial market, and the website of Gold Standard for voluntary Programmes in development under the standard (See projects).