Wednesday, November 26, 2008

Clean Development Mechanism

A new report called "The State of Play with the CDM" has been released. At COP-3 (Kyoto, Japan, December 1997) the clean development mechanism was introduced as a project based emissions trading mechanism. This report looks at the progress of the clean development mechanism and its success factors.
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See here for full report
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Figure 1: The graph shows the growth in CERs (Certified Emission Reductions) for the different countries involved in the CDM (mainly China, India, Brazil, South Korea, Mexico and Malaysia).

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Worth a read if you are interested in how this is all going.


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Note: for those that don't know, COP is 'Conference of the Parties to the United Nations Framework Convention on Climate Change". COP-3 was in Kyoto in 1997 and today we are preparing for COP-14 in Poznan (which is in Poland).

The BIG meeting is in Copenhagen (Denmark) which is COP-15. At Copenhagen, there is also the 'Meeting of the Parties' to the Kyoto Protocol (COP/MOP) which will be its fifth session.
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COP/MOP-4 was in Bonn (Germany) in May 2008.
COP/MOP-3 was in Curitiba (Brazil) in March 2006.
COP/MOP-2 was in Montreal (Canada) May/June 2005.
COP/MOP-1 was in Kuala Lumpur (Malaysia) inFebruary 2004.
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The main CDM projects (that produce Certified Emissions Reductions) are:

Hydropower (26%)

Biomass-based energy production (15%)

Wind energy (14%)

[Total renewables 63%]

Methane emission reduction projects at landfills and coal mines/coalbeds (16%)

Supply side energy efficiency (10%).

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See also:

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Joint Implementation (JI)

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Coalition building within the context of post-Kyoto climate negotiations

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Designing the Post-Kyoto Climate Regime: Lessons from the Harvard Project on International Climate Agreements

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