April 23, 2008

CDM Projects Prevent 135 Million Tonnes Of CO2

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The Clean Development Mechanism has taken some heat lately, but here’s some positive press. Projects to reduce carbon dioxide emissions in developing countries have prevented 135 million tonnes of CO2 emissions from entering Earth’s atmosphere so far, according to the Norwegian classification group Det Norske Veritas, AFP reports.

“CDM projects have so far generated more than 135 million certified emission reductions (CERs, each unit of which is equivalent to one tonne of CO2),” it said.

“The mechanism is currently anticipated to generate more than 2.7 billion CERs in the Kyoto Protocol’s first commitment period” that runs from 2008 to 2012, it added.

Earlier this week, the CDM 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.

U.N. regulators who administer the CDM have objected to dozens of developing-world projects in recent months, questioning whether projects produce a real environmental benefit and raising concerns about some independent auditors of the projects.

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