CDM clean development mechanism
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The Clean Development Mechanism (CDM) allows countries with emission reduction targets to earn credits by investing in emission reduction projects in developing countries. Developing countries can undertake projects that reduce greenhouse gas emissions and earn certified emission reduction credits (CERs) that can be traded and sold. CDM projects provide environmental and financial benefits and have already registered over 7,800 projects anticipated to generate over 2.9 billion tonnes of CO2 reductions.
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CDM clean development mechanism
- 1. CDM – CLEAN DEVELOPMENT MECHANISM ENVIRONMENTAL STUDIES ©
- 2. WHAT IS CDM? • The Clean Development Mechanism is an emission- reduction projects in developing countries. • Under this, countries can earn certified emission reduction – CER credits by reducing the amount the Green House Gases they release into the atmosphere.
- 3. CER – CERTIFIED EMISSION REDUCTION • This was defined in the Annex B of the KYOTO Protocol. • Each CER is equivalent to one tonne of CO2.
- 4. CER – CERTIFIED EMISSION REDUCTION • CER can be traded or sold for $10 to $35 each depending on the market. • The money can be in turn used to meet the KYOTO PROTOCOL needs
- 5. EXAMPLE
- 6. EXAMPLE • A CDM project activity might involve, for example, a rural electrification project using solar panels or the installation of more energy-efficient machines.
- 7. AIM • Operational since the beginning of 2006, the mechanism has already registered more than 7800 projects and is anticipated to produce CERs amounting to more than 2.9 billion tonnes of CO2 equivalent in the first commitment period of the Kyoto Protocol.
- 8. BENEFITS • CDM Technique will benefit the developing countries to reduce pollution & execute sustainable industrialization.
- 9. CER UNITS BY OCTOBER 2012
- 10. THANK YOU!