2009•Unpublished venueRequires access

The CDM Project Cycle and the Role of the UNFCCC Secretariat

Netto Maria, Barani Schmidt Kai-Uwe

Abstract

Abstract The Kyoto Protocol to the United Nations Framework Convention on Climate Change (UNFCCC) provides for three ‘market-oriented mechanisms’: joint implementation (JI); emissions trading (ET); and the clean development mechanism (CDM). The main purpose of the three mechanisms is to maximize the cost-effectiveness of climate change mitigation by providing an opportunity to reduce greenhouse gas (GHG) emissions inexpensively abroad, rather than at home. This chapter provides an overview of the CDM actors and the steps in the CDM project cycle with an analysis of the role of the Secretariat in supporting these stages.

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Key concepts: Clean Development Mechanism, Kyoto Protocol, Greenhouse gas, Joint Implementation, United Nations Framework Convention on Climate Change, Climate change, Emissions trading, Conference of the parties