Clean Development Mechanism: Protecting the Environment with Market-based Measures
The CDM project has saved the cost of abatement for the developed countries by 42 billion to 244 billion U.S. dollars. As of December 31, 2010, 2,706 CDM projects have been registered in the world, and accumulative CERs have been generated totaled 496 million tons of CO2 equivalent, bringing sustainable development funds for developing countries to nearly US$5 billion. . The Clean Development Mechanism has achieved a win-win situation for both developing and developed countries. Since November 18, 2004, the first CDM project has been successfully registered by the UN Executive Board of the Clean Development Mechanism, and the global CDM project has grown rapidly. As of 201012 On the 31st of the month, 2,706 projects in the world have been registered, and cumulative certified emission reductions have amounted to 496 million tons of carbon dioxide equivalent, bringing sustainable development funds to developing countries of nearly 5 billion US dollars. The project has played an important role in coping with climate change by both developed and developing countries. First, help developed countries to achieve their emission reduction targets at low cost. According to the analysis of McKinsey, an internationally renowned consulting agency, the cost of a singleton of CO2 equivalent emissions from developed countries is as high as US$100 to US$500, while that of a CDM project in developing countries is only US$8 to US$15. Based on this measure, the clean development mechanism project has saved the cost of abatement for the developed countries by 42 billion to 244 billion U.S. dollars. Second, it provided some financial support for the low-carbon development of developing countries. It is estimated that since the implementation of the CDM project, the direct income generated for developing countries will be nearly 5 billion U.S. dollars. At the same time, through the development, construction, and operation of the project, indirect mobilization of financing funds reached tens of billions of dollars, which promoted the low-carbon development of developing countries. Second, it has brought new ideas to the sustainable development of developing countries. The Clean Development Mechanism effectively marketizes environmental protection activities and provides new ideas and practical references for developing countries to explore how to use market methods to solve other environmental problems. At the same time, in the process of project implementation, enterprises in developing countries acted in accordance with the relevant UN rules and cooperated with international organizations, learned advanced international concepts and management experience, and improved their management standards. Multiple factors constrain the future development of the Clean Development Mechanism The uncertainty of future policies is the most important factor constraining the development of the Clean Development Mechanism. The first commitment period (2008 to 2012) of the Kyoto Protocol is nearing its end, but the future development path of the global joint response to climate change and the future development of the CDM have been unresolved. This seriously hinders the development of all parties. Enthusiasm. In addition, the European Commission on the Environment decided in January 2011 to ban the CER emissions from industrial emissions-related clean development projects since 2013. This undoubtedly brought a strong “earthquake†to the existing clean development mechanism and increased its future development variables. However, in the Cancun Accords, the Parties promised to keep a constant file between the first commitment period and the second commitment period of the Kyoto Protocol, agreed to cultivate more market means based on the existing market mechanism, and The further reform of the development mechanism put forward clear requirements, which in turn brought a glimmer of hope to the future development of the CDM. The development speed of the CDM is still far from the global demand for dealing with climate change. As of December 31, 2010, there were only 845 projects that had been issued CERs globally, accounting for only 31.2% of the total global registered projects. The reasons for this phenomenon are: First, the methodology of the CDM is narrowly applicable and frequently updated. As of December 31, 2010, there were a total of 175 methodologies approved worldwide, but only 90 were used by registered projects, and only 26 were used more than 10 times; some methodologies have been frequently updated since publication. Several editions. Second, the ineffectiveness of the UN’s Clean Development Mechanism Executive Council and the inadequacy of its designated operational entities have resulted in a significant increase in the duration of project implementation. According to statistics, the average time from the successful registration to the issuance of CERs has surged from 158 days at the end of 2005 to 738 days at the end of 2010; the end of the nuclear reduction period for one emission reduction to the certification The average time for emission reductions was also increased from 228 days at the end of 2005 to 367 days in the second half of 2010. Third, the clean development mechanism still lacks transparency. Many links in the relevant regulations have left the UN CDM Executive Council with excessive powers of discretion. Perfecting the Clean Development Mechanism to Strengthen the Future As can be seen from the Cancun Accord, the future market mechanisms for developing countries to cope with climate change will continue to be based on the clean development mechanism. To this end, it is necessary to further improve the mechanism so as to better play its role in combating climate change. Adhere to the existing mechanism of the "Kyoto Protocol" to ensure the stability of the policy. In future negotiations on climate change, we should fully adhere to the spirit of the "Kyoto Protocol," and ensure that future cooperation mechanisms for emission reduction between developed and developing countries are properly linked to the Clean Development Mechanism to safeguard the interests of all stakeholders and internationally. The confidence of the carbon market has been built up over many years by society. At the same time, through South-South cooperation, the experience of developing countries with clean development mechanism projects will be passed on to other developing countries and the latter will be provided with financial support. Improve the rules of the Clean Development Mechanism and improve work efficiency. We must strictly follow the relevant requirements of the Cancun Accord, further improve the rules of the Clean Development Mechanism, optimize the processes, increase the transparency of work, improve the work efficiency of all parties, and solve the problem of long waiting time for projects. Standard Cylinder, Standard Hydraulic Cylinder, Standard Pneumatic Cylinder, Standard Gas Cylinder Fenghua QITE pneumatic&hydraulic Equipments Manufactory , http://www.qt-pneumatic.com