Clean Development Mechanism

Clean outgrowth Mechanism [pic] ? Clean Development Mechanism The Clean Development Mechanism (CDM) is an arrangement under the Kyoto Protocol allowing industrialized countries with a greenhouse gas reduction commitment. (called Annex 1 countries) to frame in ventures that reduce emissions in developing countries as an alternate to more expensive emission reductions in their own countries. A crucial feature of an approved CDM carbon project is that it has conventional that the planned reductions would not occur without the additional incentive provided by emission reductions credits, a concept known as additionality. The CDM allows electronic network global greenhouse gas emissions to be reduced at a much lower global cost by financing emissions reduction projects in developing countries where costs ar lower than in industrialized countries. The CDM is supervised by the CDM ? administrator Board (CDM EB) and ? Under the guidance of the Conference of the Parties (COP/MOP) of the United Nations mannikin Convention on Climate Change (UNFCCC). Developed countries can implement projects that reduce emissions or remove carbon from the atmosphere in other developing countries in lieu of CERs (Certified electric arc Reductions). These CERs can be used to meet the emission targets.

The protocol stresses that such projects are to assist the developing countries host parties in achieving sustainable development. ? Purpose The purpose of the CDM is defined under Article 12 of the Kyoto Protocol. It must assist developing countries in achieving sustainable development, man also contributing to stabilization of greenhouse gas concentrations in the atmosphere. To prevent industrialized countries from making unlimited use of CDM, the modeling has a provision that use of CDM be supplemental to domestic help actions to reduce emissions. The Fund is to be financed with a share of restitution from clean development mechanism (CDM) project activities and receive funds from other... If you want to get a full essay, order it on our website: Orderessay

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