What is CDM?

Introduction: Article 12 of the Kyoto Protocol defines Clean Development Mechanism (CDM); ‘The purpose of the clean development mechanism shall be to assist Parties not included in Annex I in achieving sustainable development and in contributing to the ultimate objective of the Convention, and to assist Parties included in Annex I in achieving compliance with their quantified emission limitation and reduction commitments under Article 3’ Background: Intergovernmental Panel on Climate Change (IPCC) concluded that rapidly increasing green house gas concentration40

The global carbon cycle is under the impacts of LULUCF activities

“Land use, land-use change and forestry (LULUCF)” is defined by the UN Climate Change Secretariat as “A greenhouse gas inventory sector that covers emissions and removals of greenhouse gases resulting from direct human-induced land use, land-use change and forestry activities.” The global carbon cycle is under the impacts of LULUCF activities. These activities can add or remove carbon dioxide from the atmosphere contributing to climate change.  LULUCF sector can provide low cost GHG mitigation measures as compare to other sectors.40

Afforestation and Reforestation (A/R) CDM projects

Forest is a sink of carbon. Immense potential of carbon mitigation through the carbon sequestration process, Land Use and Land Use Change (LULUCF) projects are globally introduced. On 11 December 1997 The Kyoto Protocol was adopted in Kyoto, Japan, and entered into force on 16 February 2005. The CDM was introduced to implement carbon reduction and sink projects under the Kyoto Protocol.  As a result, Afforestation and Reforestation (A/R) CDM projects are coming to generate forestry carbon credits. In addition to projects40

Statewise registered CDM project in India

CDM Projects statistics

(Note: CDM Projects status as on  April 2011) The CDM is dynamic mechanism introduced by the Kyoto Protocol, allows a country with GHG emission reduction commitment or targets to implement GHG emission reduction/sink project in developing countries. Such projects can earn saleable and tradable Certified Emission Reduction (CER) popularly known as Carbon Credits. Each CER is equivalent to one tonne of CO2. Since the CDM globally introduced, many carbon reduction and carbon sink projects have been registered. Following table gives the quantitative information40