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Clean developemnt mechanism
1.
R PARAMESWARAN (SECC 1211) CEPT
UNIVERSITY
2.
• CDM –
a challenging instrument • Emission Reduction • Certified Emission Reductions • Financial Difficulties
3.
CDM : EMISSION
REDUCTION….???? Emission cap Actual emissions Buyer Carbon Credits Carbon value Annex I Country Renewable energy CDM project IN the Host Country: 1) Projects reduce emissions 2) Projects Sequester Carbon.
4.
15364 14782 16335 19956 6199 9118 11378 17169 0 5000 10000 15000 20000 25000 1990 2001
2010 2025 Developed Developing CARBON DIOXIDE EMISSION (MILLION METRIC TONS) Source : Energy Information Administration (EIA), 2003 & 2004. Web: www.eia.doe.gov/iea/
5.
GHGs Emitted Global
Warming Potential Carbon Dioxide 1 Methane 21 Nitrogen Oxide 310 HFCs 140 – 11700 PFCs 6500 – 9200 Sulphur Hexafluoride 23900 GLOBAL WARMING POTENTIAL OF GHGs
6.
Source : Journal
- Science Direct, www.elsevier.com/locate/envsci Contribution of CDM project types to emission reductions (kCERs up to 2012)
7.
• GDP LOSS •
CERS – JOINT IMPLEMENTATION • UNFCCC’S ADAPTION FUND
8.
• REDUCING CARBON •
REGULATIONS – CERS • FINANCIAL IMPLICATIONS
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