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- CDM(Clean Development Mechanism)
About CDM(Clean Development Mechanism)Project
It’s a GHG reduction project jointly promoted by a developed country(Annex 1 country) and a developing country(Annex II country in order to reduce GHG which gives an impact on global warming by a developing country’s monetary, technological investment in a developing country according to the Kyoto Protocal and Marie Keshi Agreement. Through CDM Project, a developed country can get an effect in reducing GHG in a developing country at low cost while a developing country can promote its sustainable development by getting technical support (transfer) of the advanced eco-friendly technology and investment from a developing country.
CDM Project Performance Process
CDM Project Validation Process
Contact → Audit Planning → Confirmation of the Baseline & Monitoring Methodology → Opening of UNFCC Website → Review of Documents → Issuance of Non-Conformity Report → Confirmation of Corrective Action → Preparation of Validation Report → Issuance of the Written Opinion of Validation & Certificate → Request for UNFCCC Registration
CDM Project Verification Process
Contract → Review of Audit Planning Documents → Follow-up Audit → Issuance of Non-Conformity Report → Confirmation of Corrective Action → Preparation of Verification Report → Issuance of the written Opinion of Verification & Certificate → Request for Issuance of CERs or Reduction