What is the CDM?
The Clean Development Mechanism (CDM) is a framework that encourages developing countries to implement emission reduction projects to earn certified emissions reductions (CERs). Each CER is equivalent to one less tonne of carbon dioxide emitted into the atmosphere. These CERs can be traded and sold to developed countries to enable them to meet part of their emission reduction targets under the Kyoto Protocol.
Promethium Carbon’s service
Promethium Carbon manages the entire life cycle of the CDM process, from project inception to project registration:
- Eligibility Study
- Project Idea Note (PIN)
- Project Design Document (PDD) development
- Host country approval
- Stakeholder consultation
- Appointment of a Designated Operational Entity (DOE)
- Validation by a DOE
- Project registration with the United Nations Framework Convention on Climate Change (UNFCCC)
- Verification by a DOE