CDM ( or) Clean Development Mechanism is a process that help industries earn incentives in the form of certified Emission Reductions ( also known as carbon credits) by reducing their green house gas emissions.
CDM , under the Kyoto Protocol has provided developing countries like India, multi billion dollar business opportunity by way of earning carbon credits. The CERs issued by the Executive Board of United Nations Framework Convention on Climate Change can be traded between the project participants and parties which are under the obligation to reduce emissions. [ Read More on Carbon Trading ]
There are several steps involved in a CDM Projects. It can be broadly classified as Project Identification, Government endorsement, Project development, Validation, Registration, Monitoring, Verification , Certification and Finally Issuance of CERs.
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Knowledge Base
What is Clean Development Mechanism?
How to develop a CDM Project?
What is carbon credit?
Carbon Credits – In layman’s terms
How buying carbon credits attempts to reduce emissions?
How does Carbon Credits it work in real life?
Carbon Credits – Indian Scenario
Carbon Credits – Flip side
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