The Clean Development Mechanism (CDM) is a United Nations-run program that allows countries to fund projects in developing countries to reduce greenhouse gas emissions. The countries that fund these projects can then claim the emissions reductions as part of their own efforts to meet international emissions targets.
The CDM was established in 2006 under the Kyoto Protocol. It's the world's main international offset program and has helped to create a global market for reducing greenhouse gas emissions.
Here are some benefits of the CDM:
Emission reductions: The CDM helps to reduce greenhouse gas emissions and prevent climate change.
Sustainable development: The CDM can help to promote sustainable development.
Energy efficiency: The CDM can help to improve energy efficiency.
Renewable energy: The CDM can help to promote renewable energy.
Air quality: The CDM can help to improve air quality.
Technology transfer: The CDM can help to transfer technology.
Cost reduction: The CDM can help to reduce costs.
Employment generation: The CDM can help to generate employment.
Poverty reduction: The CDM can help to reduce poverty.
The CDM Executive Board oversees the CDM, and is accountable to the countries that have ratified the Kyoto Protocol.
No comments:
Post a Comment