Clean Development Mechanism (CDM)
The Clean Development Mechanism (CDM) 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.
Background
The 1997 Kyoto Protocol, a milestone in global efforts to protect the environment and achieve sustainable development, marked the first time that governments accepted legally-binding constraints on their greenhouse gas emissions. The CDM strives to promote sustainable development in developing countries, while allowing developed countries to contribute to the goal of reducing atmospheric concentrations of greenhouse gases.
Competitive Advantages of Clean Development Mechanism (CDM)
The Clean Development Mechanism (CDM) allows emission reduction projects that assist in creating sustainable development in developing countries to generate certified emission reductions for use by the investor.
- The mechanisms give countries and private sector companies the opportunity to reduce emissions anywhere in the world wherever the cost is lowest and they can then count these reductions towards their own targets.
- Through emission reduction projects, the mechanisms could stimulate international investment and provide the essential resources for cleaner economic growth in all parts of the world. The CDM, in particular, aims to assist developing countries in achieving sustainable development by promoting environmentally friendly investment from industrialised country governments and businesses.
From the developing country perspective, the CDM can:
- Attract capital for projects that assist in the shift to a more prosperous but less carbon-intensive economy;
- Encourage and permit the active participation of both private and public sectors;
- Provide a tool of technology transfer, if investment is channelled into projects that replace old and inefficient fossil fuel technology, or create new industries in environmentally sustainable technologies; and,
- Help define investment priorities in projects that meet sustainable development goals.
Specifically, the CDM can contribute to a developing country’s sustainable development objectives through:
- Transfer of technology and financial resources;
- Sustainable ways of energy production;
- Increasing energy efficiency & conservation;
- Poverty alleviation through income and employment generation; and Local environmental side benefits
Eligible Projects
The CDM will include projects in the following sectors:
- End-use energy efficiency improvements
- Supply-side energy efficiency improvement
- Renewable energy
- Fuel switching
- Agriculture (reduction of CH4 and N2O emissions)
- Industrial processes (CO2 from Cement etc., HFCs, PFCs, SF6)
- Sinks projects (only afforestation and reforestation)
Process Flow
Initial
Consultation
Our consultant will contact you to gather information about your organization to understand your company needs and ISO standard requirements.
Gap Analysis and Planning
Assess your organization’s current practices and identify gaps. Develop a plan to address the gaps and achieve ISO compliance.
Documentation and Implementation
Develop necessary documentation, policies, and procedures. Implement the changes and new processes within your organization.
Training and Awareness
Provide training to employees on ISO standard requirements and their roles in the implementation.
Internal Audits
Conduct internal audits to assess the effectiveness of the implemented ISO management system and identify areas for improvement.
Certification Audit and Issuance
Receive the ISO certification, upon successful audit from an accredited certification body.