- Volume 1 (2007), Issue 2
- Vol. 1 (2007), No. 2
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- Page 10
- p. 10
The Programmatic Approach to CDM: Benefits for Energy
The Clean Development Mechanism (CDM) is one of the Kyoto Protocol’s flexibility mechanisms. As a project-based mechanism, it has a dual objective of reducing greenhouse gas (GHG) emissions, on the one hand, and contributing to the host countries’ sustainable development, on the other. Energy efficiency, especially end-use efficiency projects, create high sustainable development benefits, as they reduce energy poverty. Furthermore, energy efficiency often generates emission reductions at low costs. Despite these advantages, projects relating to