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Term Clean Development Mechanism (CDM)
Definition

Financing instrument that allows the governments of industrialized countries and companies to invest in greenhouse gas (GHG) emission reduction projects in developing countries, as an alternative way of acquiring emission reduction certificates (CER) at lower than market costs. It was created by article 12 of the Kyoto Protocol to assist developing countries in the promotion of sustainable development, as well as to help developed countries in the achievement of their goals for the reduction of greenhouse gases.

The Dominican Republic ratified the United Nations Framework Convention on Climate Change (UNFCCC) in 1998 and the Kyoto Protocol in 2002. As part of the latter, the country can house CDM activities that provide CERs.

At present, 24 technologies have been approved by the country's CDM Executive Board. These activities may be: electricity (conversion to intensive fuels, and the use of renewable sources); waste management (capture and use of methane from landfills); industrial (energy efficiency, and fuel conversion); tourism (waste management initiatives and energy management); transport (fuel conversion and mass transportation systems); forestry (carbon sequestration in deforested areas) and agricultural (recovery and utilization of biogas from manure). The Ministry of Environment and Natural Resources is responsible for managing this program.

According to the National Council on Climate Change and the Clean Development Mechanism, the national portfolio comprises a total of 39 CDM projects. For example, the Bionersis project, the first and only CDM project that has been validated by the United Nations, is responsible for removing and exploiting biogas generated in the Duquesa landfill, from the anaerobic breakdown of organic waste. It is estimated that the project will achieve a reduction of emissions by more than 3,928,699 tons of carbon dioxide during the 2009-2019 period.1

1Consejo Nacional para el Cambio Climático y MDL. Portafolio Nacional de Proyecto de MDL, Vertedero Duquesa
http://www.cambioclimatico.gob.do/ (Consulta: 23 marzo 2011).

 

 

 

Topic  Sustainable developmentEnvironmental managementLegal and Institutional