About
CDM Projects India is an initiative by ‘IndScan‘ to disseminate information on the clean development projects happening across the nation.
The Clean Development Mechanism (CDM) is an arrangement under the Kyoto Protocol allowing industrialised countries with a greenhouse gas reduction commitment (called Annex B countries) to invest in projects that reduce emissions in developing countries as an alternative to more expensive emission reductions in their own countries. A crucial feature of an approved CDM carbon project is that it has established that the planned reductions would not occur without the additional incentive provided by emission reductions credits, a concept known as “additionality”
The sectors in which CDM is adopted includes Afforestation, Agriculture, Biogas, Biomass energy, Cement, CO2 capture, Coal bed/mine methane, Energy distribution, EE households, EE industry, ,EE own generation, EE service, EE supply side, Fossil fuel switch, Fugitive , ,Geothermal, HFCs, Hydro, Landfill gas, N2O PFCs, Reforestation, Solar, Tidal, Transport and Wind Energy.
An industrialised country that wishes to get credits from a CDM project must obtain the consent of the developing country hosting the project that the project will contribute to sustainable development. Then, using methodologies approved by the CDM Executive Board (EB), the applicant (the industrialised country) must make the case that the carbon project would not have happened anyway (establishing additionality), and must establish a baseline estimating the future emissions in absence of the registered project. The case is then validated by a third party agency, called a Designated Operational Entity (DOE), to ensure the project results in real, measurable, and long-term emission reductions. The EB then decides whether or not to register (approve) the project. If a project is registered and implemented, the EB issues credits, called Certified Emission Reductions (CERs, commonly known as carbon credits, where each unit is equivalent to the reduction of one metric tonne of CO2e, e.g. CO2 or its equivalent), to project participants based on the monitored difference between the baseline and the actual emissions, verified by the DOE.
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CDM – Knowledge Base
1. What is carbon credit?
2. How does Carbon Credits it work in real life?
3.What is Clean Development Mechanism?
4.Carbon Credits – Flip side
5.Carbon Credits – In layman’s terms
6.How buying carbon credits attempts to reduce emissions?
7.Carbon Credits – Indian Scenario
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