Clean Development Mechanism (CDM)

(View this article in Thai language)

Climate change occurs when an increase in greenhouse gas (GHG) emissions causes a rise in the Earth’s temperature. Recognizing the threat to the global economy and society, governments adopted the United Nations Framework Convention on Climate Change (UNFCCC) in 1992. In December 1997 the Kyoto Protocol has been signed and the industrialized nations have committed to making substantial reductions in their emissions of greenhouse gases. Clean Development Mechanism (CDM) is a market mechanism under the Kyoto Protocol, which aims to reduce greenhouse gas emissions while promoting sustainable development in developing countries. Projects in developing countries receive revenue from certified emissions reductions (CERs), which are sold to industrialized countries. Many industrial companies in Asia are aware of the Clean Development Mechanism (CDM)

With our network and long-standing experience in South East Asia, and Thailand in particular, ENVIMA is an ideal partner for your CDM projects. ENVIMA provides complete services for your CDM project:

• Before starting the CDM process with a client, ENVIMA advises the client on CDM and its background, and assists with finding technology solutions
• Identification of potential projects and CDM Feasibility Study
• CER brokering through our wide network of buyers
• Assistance with identifying additional financing sources
• Management of the complete CDM process up to validation and registration
• Gold Standard project development, adding market value to CERs
• Assistance throughout validation and initial verification
• Maintenance of emission purchase agreement contracts
• Support during yearly verification of reductions

CDM Gold Standard

The Gold Standard is a NGO-backed tool to ensure CDM projects deliver maximum environmental and social benefits and real, long-term emission reductions. At the same time, it is designed to help reduce risks associated with the CDM development cycle. The Gold Standard criteria are fully integrated in the CDM project development cycle. The difference is that more stringent criteria are required at the Project Design Document development stage. By distinguishing projects, the Gold Standard fetches premium carbon credit prices. ENVIMA is specialized on Gold Standard CDM projects in order to achieve a higher level of environmental protection and ensure sustainable development.

References

ENVIMA has developed 75 CDM projects worldwide and registered 25 projects in the field of biomass, biogas and industrial energy efficiency. In Thailand ENVIMA has provided CDM development and advisory services for more than 15 projects so far and has conducted CDM potential studies for several Thai industrial sectors. The table below lists selected references for Thailand: