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CDM: Scope and Opportunities - EPCO

CDM: Scope and Opportunities - EPCO

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What is <strong>CDM</strong>?• <strong>CDM</strong> is a due-diligence process for theregistration of a project which has the potentialto reduce greenhouse gas (GHG) emissions.• The registered project produces GHG emissionsreductions during its operation, <strong>and</strong> these areverified <strong>and</strong> certified on an annual basis.• The certified emissions reductions (CERs) arepurchased by buyers in Europe, Japan <strong>and</strong>Canada who are under obligation to reduce theirGHG emissions; either by their own actions or bythe purchase of CERs <strong>and</strong> other emissionsallowances.Introductory Session on <strong>CDM</strong><strong>EPCO</strong>, Bhopal, 4 th April 2006

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