The Government of the Democratic Republic of Sao Tome and Principe officially created the Designated National Authority (DNA) for the Clean Development Mechanism, which was simultaneously recognized by the UNFCCC. In the run up to this, UNEP Risø Centre provided training to the DNA through the ACP MEAs CD4CDM project, which will serve as an important foundation for the well functioning of this new government body. Activities are being organized and project developers in the country are being encouraged to invest in eligible projects under the CDM in the country.
One key example of such a CDM project is the Bombaim Small Hydropower Project, which has been receiving support from the ACP MEAs CD4CDM project, and has already submitted a Prior Consideration to the DNA and the UNFCCC Secretariat. The project consists of the construction of a 4 MW hydropower station, which will supply electricity to the national grid, increasing its capacity to meet the growing electricity demand, and help reduce green house gas emissions. The project qualifies as a micro-scale CDM project activity according to the new CDM guidelines.
For more information on CDM modalities and procedures, read here.