New tool showcases CDM sustainable development benefits

Type of tool

Climate change prevention tool

Acronym

CDM
the Executive Board of the Clean Development Mechanism (CDM) has approved a new tool that project participants can use to describe the sustainable development co-benefits of their projects.

In order to be registered, a CDM project must produce real emission reductions and it must assist the host country in achieving its sustainable development goals. Host countries are responsible for attesting to the latter requirement in a letter of approval. What the new tool provides is a means for project participants to voluntarily describe the co-benefits of their projects against various criteria.

Also, at its 70th meeting in Doha, the Board provisionally approved its business and management plan for 2013-2014, which focuses on providing simplicity and predictability in the operation of the CDM and ensuring the integrity of certified emission reductions (CERs); ensuring the CDM makes a growing contribution to the sustainable development of all host countries; further expanding the geographic reach of the CDM; and promoting the use and safeguarding the reputation of the CDM as a mechanism for low carbon development.

The Board agreed on a five percent budget reduction, taking into account the recent decline in CER prices and the present uncertainty in the level and timing of future demand for the credits. The Board will examine the document again at its next meeting, in January.

The CDM Executive Board’s 70th meeting concluded just days before the start of the United Nations Climate Change Conference in Doha, where Parties are expected to take important decisions on the next commitment period of the Kyoto Protocol and make progress on a broader climate change agreement to take effect in 2020.

Objective

 

Produce real emission reductions and it must assist the host country in achieving its sustainable development goals. 

 

The Tool
English

Please download the PDF Guide

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Topics

Other
Carbon emission trading
Energy efficiency and conservation
Renewable energy
Transport
Urban planning
Reducing Emissions from Deforestation and Forest Degradation
Ocean fertilization
Management and/or conservation of land use
Carbon sinks (other than forests)
Afforestation, Reforestation and restoration
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CDM