Preview

Cdm Mechanism

Satisfactory Essays
Open Document
Open Document
3191 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Cdm Mechanism
CDM Mechanism
PRESENTED BY GROUP – 13 PANKHURI NEB – P111034 VEDIUM VASANTH – P111053 VIJAY ABILASH – P111024 ANKUSH CHADDHA – P111003

Source: http://cdm.unfccc.int/

Contents
Introduction Various steps in the process of CDM
CDM Requirements Participation Eligibility Projects CDM Project Cycle Approval Monitoring, Verification and Certification

World Scenario India Scenario Case Studies CDM Post 2012

Suggestions
Source: http://cdm.unfccc.int/

Challenges Suggestions

Introduction
The Clean Development Mechanism (CDM) is a cooperative mechanism established under Kyoto protocol. It allows the developing countries not in Annex 1 of Kyoto protocol to reduce GHG emissions and achieve sustainable developments by promoting environmental friendly investments from the Industrialized countries.
The reduction emission investments are less expensive in developing countries. The developing countries are still in the infant stage of applying new technologies so they can easily adopt the new clean technologies.

The CDM ‘rewards’ emissions reduction of the 6 key Green House Gas. The ‘Credits’ are computed in equivalent Metric Tonnes of CO2 (Carbon dioxide), with multiples being assigned for converting each gas to its CO2 equivalent.
Source: http://cdm.unfccc.int/

GHG CO2 CH4 N2O HFCs PFCs SF6

Sources Fossil fuel combustion, deforestation; agriculture Agriculture, land use change, biomass burning, land fills Fossil fuel combustion, agriculture; industrial

The reduction in these 6 GHG gases will generate “Certified Emission Reductions” which can be traded to the developed countries.

Industrial / manufacturing Industrial / manufacturing Electricity transmission, manufacturing

Source: http://cdm.unfccc.int/

CDM requirements

GHG Emissions

Emission under Baseline Scenario

Emission Reduction

Emission under Project Scenario

Crediting Period
Time

Date of Registration

Project ended/ Non renewal

10 years fixed OR 7 years

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Cdm Case Study

    • 530 Words
    • 3 Pages

    All of the pertinent information needs to be organized into the segments in order to easily locate information…

    • 530 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    According to the case, the carbon-tax and a cap-and-trade system are the best economic tool to employ to reduce emissions. As we know, taxes are the most important expense for a company or firm, if they would emit much more carbon dioxide and other gases, they need to pay more taxes on using carbon recourses. It is stated (Bubna-Litic & Chalifour 2012) that ‘One of the defining features of carbon taxes is that they generate a relatively clear and predictable stream of revenue’. The revenue can be used in many different ways and a key issue is how that revenue is used. For instance, the tax expenditures are aimed at improving energy efficiency and this policy has a regulatory goal of addressing climate change that including gases emission. However, cap-and-trade is also leads to prove the efficiency due to the firms are free to trade. Cleetus (2011) argued that carbon prices adjust in keeping with general economic conditions automatically, and price volatility that could lead to greater uncertainty for business investment decisions. It is also mentioned that a transparent carbon market with good regulation and access to emission and trading data for participants. In a word, carbon taxes focus on taxable regulation for firms and cap-and-trade system concentrate on the monitor of carbon usage and the emission trading.…

    • 1294 Words
    • 6 Pages
    Better Essays
  • Better Essays

    References: Allen Consulting Group, (2000), Greenhouse Emission Trading, Report to the Victorian Department of Premier and Cabinet, Melbourne.…

    • 2211 Words
    • 9 Pages
    Better Essays
  • Good Essays

    The Protocol’s goal was to achieve at least a 5% emissions reduction in industrialized countries for the 2008-2012 timeframe compared to…

    • 558 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Combustion of fossil fuels such as coal, oil, gas in power plants, automobiles and industrial facilities.…

    • 378 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    • develop standards in the GHG market, including for contracts in carbon trading, the financial accounting of greenhouse gases, and the validation and verification of emission reduction projects;…

    • 1431 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Effects of Emissions

    • 426 Words
    • 2 Pages

    Two of the most common methods of controlling and reducing emissions are incentives and penalties. These incentives and penalties can affect everyone from the general public to large, multinational companies.…

    • 426 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Bp and Oil Spill

    • 1005 Words
    • 5 Pages

    BP was the ªrst of these companies to change from a reactive to a proactive…

    • 1005 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Carbon Tax Essay

    • 2193 Words
    • 9 Pages

    function of reducing greenhouse gas as well as its extensive economic impacts on a range…

    • 2193 Words
    • 9 Pages
    Best Essays
  • Better Essays

    Mitigation efforts such as reducing climate change, involve reducing the atmospheric concentration of heat-trapping GHG’s. Reducing the use and source of these gases can do this. The economic approach to mitigating climate change provides economic cues and incentives for the business sector…

    • 1081 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    The six GHG are translated into CO2 equivalents in determining reductions in emissions. These reduction targets are in addition to the industrial gases, chlorofluorocarbons, or CFCs, which are dealt with under the 1987 Montreal Protocol on Substances that Deplete the Ozone…

    • 4517 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Since a large quantity of factories are being established and used, the economy is escalating, which also means enormous pollution to the environment. Convenience needs considerable resources from nature, and more arable lands for farming. Land use changes, for instance, clearing land for logging, ranching and agriculture, also lead to carbon dioxide emissions. Over the past several hundred years, deforestation and other land use changes in many countries have contributed substantially to atmospheric carbon dioxide increases.( Global Change Research Information…

    • 585 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Global Warning, Pollution, Climate Change, Greenhouse effect are the terms familiar to us in relation to our environment and society; however what are the measures taken by our government to protect the environment. Environmental issues increasingly become important and closely tighten within our daily life therefore this paper attempts to look at the way from the Australian government protect the environment by using different method includes legislation; signing international agreement and financial assistance to a wide range of environmental programs.…

    • 1353 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Kyoto Protocol

    • 1140 Words
    • 5 Pages

    Participating countries that have ratified the Kyoto Protocol have committed to cut emissions of not only carbon dioxide, but of also other greenhouse gases, like, Methane (CH4), Nitrous oxide (N2O), Hydrofluorocarbons (HFCs), Perfluorocarbons (PFCs), and Sulphur hexafluoride (SF6).…

    • 1140 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Finally green house gases are the issue that so many are worried about because of the government emphasis on how much we…

    • 542 Words
    • 2 Pages
    Satisfactory Essays