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Report identifies which countries have markets for CDM and JI projects under Kyoto Protocol
1 August 2004
A new analysis of the energy policy framework for electricity markets and renewables in 21 countries -- including details on countries qualified for Clean Development Mechanism (CDM) projects under the Kyoto Protocol -- has been published by the German agency for technical co-operation, GTZ. Accredited CDM projects may earn extra income by selling the CO2 emission credits associated with their electricity production on the fledgling global market for CO2 certificate trade. Wind plant are prime CDM projects. The GTZ study reveals that while some countries like Pakistan have not recognised the Kyoto protocol and are therefore not eligible for CDM projects, others are progressing fast. India, with GTZ support, is setting up an infrastructure for recognition of CDM projects and in China GTZ is co-operating with the World Bank and Switzerland on a national CDM study. Georgia is also eligible to host CDM projects -- with wind plant already in the early planning stages. In contrast, Bosnia and Herzegovina has not yet signed or ratified the Kyoto Protocol, although Austria has already expressed interest in undertaking CDM projects there. The more than 200 page GTZ report, in English and German, was researched under its Terna wind energy program. GTZ offers help with a range of tasks that include preparation of CDM baseline studies to determine the potential CO2 emissions savings achievable by new wind projects.
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