
These saleable credits can be used by industrialized countries to meet a part of their emission reduction targets under the Kyoto Protocol.
The CDM allows emission-reduction projects in developing countries to earn certified emission reduction (CER) credits, each equivalent to one tonne of CO2. These CERs can be traded and sold, and used by industrialized countries to a meet a part of their emission reduction targets under the Kyoto Protocol.
The mechanism stimulates sustainable development and emission reductions, while giving industrialized countries some flexibility in how they meet their emission reduction limitation targets.
The CDM is the main source of income for the UNFCCC Adaptation Fund, which was established to finance adaptation projects and programmes in developing country Parties to the Kyoto Protocol that are particularly vulnerable to the adverse effects of climate change. The Adaptation Fund is financed by a 2% levy on CERs issued by the CDM.
Resource: Clean Development Mechanism (CDM), UNFCCC Web Site, 2013.
Benefits of CDM projects include investment in climate change mitigation projects in developing countries, transfer or diffusion of technology in the host countries, as well as improvement in the livelihood of communities through the creation of employment or increased economic activity. This page serves to highlight where and how this occurs across the globe.
The Gold Standard is the world's only independent standard for creating high-quality emission reductions projects in the Clean Development Mechanism (CDM) Joint Implementation (JI) and Voluntary Carbon Market. It was designed to ensure that carbon credits are not only real and verifiable but that they make measurable contributions to sustainable development worldwide. Its objective is to add branding, a label to existing and new Carbon Credits generated by projects which can then be bought and traded by countries that have a binding legal commitment according to the Kyoto Protocol.
Source: Wikipedia, 2012
Who does what within the CDM?
The function of methodologies is easy to grasp, but the methodologies themselves can be quite complex. They are necessarily diverse in their composition and application in order to accommodate the wide range of activities and locales covered by the CDM.
Source: CDM Methodologies, 2012
Get a glimpse of the 7 steps of the Project Cycle.
Source: CDM, 2012
This search tool allows you to search for a specific CDM project, or a general project type, in any phase of the registration process from requesting registration to rejected/withdrawn. If you would like to add additional parameters to your search, please click on the "advanced search" option. From the advanced search, you can search CDM projects by sectoral scope, scale, methodology, host country, annex 1 county, DOE and more.