With:

 – Eva Filzmoser Nature Code/Carbon Market Watch,
 – Falguni Joshi Nature Code India
 – Univ.Prof. Dr. Christian Zeller FBWirtschaftsgeographie

The “Clean Development Mechanism” (CDM) is a mechanism of Kyoto Protocol. It allows common mitigation projects between developed and developing countries. Two goals are at the Fore: First, the resulting costs for industrialized countries to achieve their contracted reduction targets and secondly developing an environmentally sustainable economic development by enabling an influx of money and technology. With the European emissions reduction targets of 20% by 2020 compared with the level of 1990, the EU Member States decided that more than half of that obligation can be met with CDM certificates. Until now, there over 7,000 CDM projects in developing countries.

Since the program’s launch in 2003 Austria supports over 50 CDM projects and bought a total of more than 50 million tonnes of carbon credits. According to the Ministry of Life to 2009  about 200 million euros were expended. Also in 2013, Austria has provided emission credits to purchase in the amount of more than EUR 5 million from these projects.

The CDM is under increasing criticism, as many CDM projects prove, the two fundamental pillars of the mechanism, emission reduction targets and sustainable development have not been reached. The speakers provide insight into the developmental challenges arising from the implementation of CDM projects on the ground in India.

 

 

Eva Filzmoser Nature Code/Carbon Market Watch, Brüssel
und Falguni Joshi Nature Code Indien
bei Univ.Prof. Dr. Christian Zeller FB Wirtschaftsgeographie