Friday, August 17, 2012

Clean development mechanism (CDM)


Clean development mechanism (CDM) is one of the three flexible mechanisms introduced by the Kyoto Protocol for Green House Gas(GHG) emission reduction. It is a cooperative mechanism established under the Kyoto protocol, has the potential to assist developing countries in achieving sustainable development by promoting environmentally friendly investment from industrialized country governments and businesses.

     Industries countries involvements for CDM
1.       Buying emission reduction
2.       Investing in the project
3.       Selling the technology
4.       Provide services
5.       Support documents preparation

Especially the CDM cam contribute to sustainable rural development through some of the remarkable contribution of CDM technologies with regard to sustainable rural development can be presented as
1.       Transfer of technology and financial resources
2.       Sustainable ways of energy production
3.       Increasing energy efficiency and conservation
4.       Poverty alleviation through income and employment generation
5.       Local environmental side benefits
6.       Increase energy efficiency
7.       Transfer of technologies and financial resources
8.       Sustainable energy production
9.       Local direct and indirect environmental benefits
10.   Income and employment generation contributing to poverty alleviation
11.   Private and public sector capacity development
12.   Development and promotion of renewable energy technologies
13.   Ecological balance and conservation of bio-diversity.

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