The fast growth of Clean Development Mechanism (CDM)and its positive and negative attributes have been well documented. Recent years have witnessed explosive growth of the CDM. The number of CDM projects for validation and registration has grown exponentially and developing countries (so called non-Annex I countries) becoming involved in the CDM grew from 8 in 2000 to more than 50 in 2008.
The clean development mechanism (CDM) of the Kyoto Protocol is designed not only to mitigate greenhouse gas emissions (GHG) but also to contribute locally to sustainable development. As a market-based mechanism, CDM has the potential to channel private investments into development activities with economic, social, and environmental benefits.
THE UNITED Nations climate change conference at Copenhagen next month is meant to further the goals of a global environmental treaty -- the United Nations Framework Convention on Climate Change (UNFCCC).
Mumbai: As the world takes cautious steps towards the Copenhagen climate summit, a debate on what the post-2012 scenario could possibly look like for the Indian carbon industry has started to rage.
Kozhikode, Oct.20 The Kerala State Electricity Board (KSEB) has come up with a proposal to set up a small hydro-electric project under the Clean Development Mechanism (CDM) scheme of the United Nations Framework Convention on Climate Change (UNFCCC).
Joe C Mathew / New Delhi September 11, 2009, 0:36 IST
Expectations of a price rise, small project size act as inhibitors
Although India is the second largest generator of environment-friendly projects, domestic firms, public and private, are shying away from maximising the monetary benefits derived from such carbon emission reductions.
