The document discusses global warming, its causes and effects, and the Kyoto Protocol's Clean Development Mechanism (CDM) as a solution. It defines global warming and lists greenhouse gases and their effects. It then explains the Kyoto Protocol, the CDM concept and process, including baseline setting, additionality, methodologies, and registration. The CDM aims to assist developing countries' sustainable development through emissions reduction projects financed by developed countries.
12. HISTORY 1988 IPCC “Intergovernmental Panel on Climate Change” formed 1990 1992 1994 1997 IPCC publishes first assessment report Earth summit in Rio De Janero aggress the UNFCC- United Nations Framework Convention on Climate Change UNFCCC enters into force- Aspirational objectives, no specific targets or timeframes 1994 COP3 Kyoto Protocol: -Emissions limits on 34 countries. Average -5.2% on 1990 by 2008-12 -Meet limits by emissions reductions & or buying compliance credits
24. ADDITIONALITY The emissions reduced by the project must be additional to those that would have occurred in the absence of the CDM project. The CERs are issued against this additionality.
26. SUSTAINABLE DEVELOPMENT 1.Social well being: The CDM project activity should lead to alleviation of poverty by generating additional employment, removal of social disparities and contribution to provision of basic amenities to people leading to improvement in quality of life of people. 2.Economic well being: The CDM project activity should bring in additional investment consistent with the needs of the people. 3.Environmental well being: This should include a discussion of impact of the project activity on resource sustainability and resource degradation, if any, due to proposed activity; biodiversity friendliness; impact on human health; reduction of levels of pollution in general;. 4.Technological well being: The CDM project activity should lead to transfer of environmentally safe and sound technologies that are comparable to best practices in order to assist in up gradation of the technological base. The transfer of technology can be within the country as well from other developing countries also.