Emission reductions pass one billion tonnes mark
Emission reductions from Kyoto Protocol’s Clean
Development Mechanism pass
the one billion tonnes
mark
(Bonn, 9 May 2006) – According to the United Nations
Climate Change
Secretariat, the Kyoto Protocol’s clean
development mechanism (CDM) is as
of today estimated to
generate more than one billion tonnes of
emission
reductions by the end of 2012.
In addition to
the implementation of climate-friendly policies at home,
the
1997 landmark treaty allows industrialized countries
to meet their emission
targets through the treaty’s
flexible mechanisms.
“We have crossed an important
threshold with these emission reductions”,
said Richard
Kinley, acting head of the United Nations Climate
Change
Secretariat. “It is now evident that the Kyoto
Protocol is making a
significant contribution towards
sustainable development in developing
countries”.
The
CDM allows industrialized countries to generate emission
credits
through investment in emission reductions
projects in developing countries.
The one billion tonne
mark in emission reductions corresponds to the
present
annual emissions of Spain and the United Kingdom
combined.
The United Nations Climate Change Secretariat on
Friday pointed towards a
slightly more equitable
geographic distribution of the projects.
In Africa, there
are currently 27 activities in the CDM pipeline of which
5
have been registered. This constitutes a five-fold
growth within a year.
More than 800 projects are presently
in the pipeline, of which 210 are
registered and another
58 are requesting registration. Last year, only
around
140 activities were registered or being considered for
registration.
“Whilst the mechanism is seeing very strong
growth, the growth is still too
unevenly distributed
amongst regions", said Janos Pasztor, acting
coordinator
for Project Based Mechanisms with the UN Climate
Change
Secretariat. "Governments are expected to address
this issue with inputs
from the CDM Executive Board at
the upcoming United Nations Climate Change
Conference in
Nairobi in November", he
said.
Ends