The CDM and Local Sustainable Development. The CDM Point of Departure.
PowerPoint Slideshow about 'The CDM and Local Sustainable Development' - neo
An Image/Link below is provided (as is) to download presentation
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
CDM is the first multi-lateral trade mechanism insisting on Sustainable Development in article 12 of KP “…assist Parties not included in Annex 1 in achieving Sustainable Development and contributing to the ultimate objective of the Convention….”
CDM assists Annex 1 countries in meeting their emissions reduction targets in return for income for credits derived from projects that contribute to sustainable development
The Kuyasa project pre-empts a rise in domestic electricity use in low income urban areas in South Africa through the installation of renewable energy and energy efficiency interventions
This required the establishing of a baseline that takes into account the suppressed demand for energy services as a result of energy poverty and lack of energy infrastructure
The registerstration of the project as a CDM project will enable it to access carbon revenues to subsidise the capital expenditure. Its Gold Standard rating ensures a premium ito the price it is able to command.
The project has numerous benefits including reduced expenditure on space heating, water heating and lighting, a reduction in respiratory health impacts, and the creation of employment opportunities