clean development mechanism News

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Clean development mechanism projects booming around the world

by United Nations Environment Programme (UNEP)  (Dec. 16, 2008)

The number of Clean Development Mechanism projects – known as CDM projects – around the world boomed in 2008, jumping from 60 in 2004 to several thousand initiatives.  The brand-new figures come from the UN Environment Programme (UNEP)'s year-end snapshot of CDM projects – emission-saving initiatives that industrialized countries can help finance ...

The clean development mechanism - serious questions remain!

by GLOBE Foundation  (May 26, 2008)

According to a recent report in the Guardian, leading academics and watchdog groups allege that the UN’s main offset fund - the Clean Development mechanism (CDM) is being routinely abused by chemical, wind, gas and hydro companies who are claiming emission reduction credits for projects that should not qualify under the program. The result ...

`Urgent action` needed on Clean Development Mechanism

by SciDev.Net  (Sep. 14, 2012)

A high-level panel has called for "urgent action" to safeguard the UN's Clean Development Mechanism (CDM) by providing extra support to under-represented developing countries and focusing on sustainable development priorities. CDM allows developing economies to earn credits for projects that reduce greenhouse ...

Uganda to become Clean Development Mechanism Hub

by SciDev.Net  (Mar. 2, 2012)

Uganda is set to become a Clean Development Mechanism (CDM) Hub over the next three years, with financial assistance from Belgium. The Belgian Development Agency is investing US$2.6 million in the scheme, which will be overseen by the designated national authority — the Climate Change Unit (CCU) at the Ugandan Ministry of Water and ...

More fraud within the clean development mechanism

by GLOBE Foundation  (Jun. 29, 2010)

A consortium of North American and European activists have demanded sweeping changes to the Clean Development Mechanism (CDM) after charging that up to one-third of all CERs ever sold may have been illegitimate. The groups are demanding an investigation to determine whether a number of coolant firms have manipulated the marketplace since ...

EcoSecurities signs CDM agreement with Liuzhou

by EcoSecurities Group plc  (Jul. 24, 2006)

EcoSecurities Group plc, one of the world’s leading originators of carbon credit projects, has signed a Letter of Intent to provide Liuzhou, a major industrial city in South China, with greenhouse gas mitigation services. EcoSecurities and the government of Liuzhou City will cooperate in developing carbon reduction projects across the coal mining, ...

Kyoto Protocol clean development mechanism passes 1000th registered project milestone

by United Nations Framework Convention on Climate Change (UNFCCC)  (Apr. 15, 2008)

The Kyoto Protocol’s clean development mechanism (CDM) has registered its 1000th project, an energy efficiency project in Andhra Pradesh, India, expected to reduce carbon dioxide emissions by more than 34,000 tonnes annually. “The CDM has passed another milestone, time to reflect on our success and redouble our efforts to improve and expand the ...

EcoSecurities wins award for Best CDM and JI Project Developer 2006

by EcoSecurities Group plc  (Jul. 24, 2006)

UK , March 13, 2006: EcoSecurities Group plc, one of the world’s leading originators of carbon credit projects, was named Best Clean Development Mechanism (CDM) and Joint Implementation (JI) Project Developer 2006 by Point Carbon at the Carbon Market Insights 2006 Conference held February 28-March 2, in Copenhagen. EcoSecurities listed on the ...

LG Electronics launches clean development mechanism business in India

by Japan Corporate News - JCN  (Jul. 13, 2009)

LG Electronics (LG) announced today that it will develop a Clean Development Mechanism (CDM) business in India that will help securing carbon credits. The CDM was developed under the Kyoto Protocol as a cost effective way to limit overall global greenhouse gas emissions. Under the CDM, an industrialized nation participating in a project to ...

Kyoto Protocol mechanism evolves to meet demand for clean, sustainable development

by United Nations Framework Convention on Climate Change (UNFCCC)  (Sep. 29, 2008)

The way is clear for the launch of a wide array of new projects in the energy efficiency and renewable areas, ranging from refrigerators to solar-power high-efficiency lights and geothermal heat for developing country households, under the Kyoto Protocol’s Clean Development Mechanism (CDM), opening significant opportunities to cut greenhouse gas ...

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