The United Nations Climate Change Secretariat recently announced that the Clean Development Mechanism (CDM) of the Kyoto Protocol’s has generated more than one billion tonnes of emission reductions . The reductions are supposed to happen by the end of 2012 and are the equivalent fto the present annual emissions of Spain and the United Kingdom combined. The Clean Development Mechanism was created to help industrialized countries meet their reduction targets by investing in clean technologies in developing counties, thus reducing emission that would have occurred otherwise. Reductions have been accounted for activities ranging from methane capture from landfills to growing cocoa trees in indigenous communities.
Though the 1 billion ton represents an important benchmark for Kyoto Protocol, much more needs to happen to improve the CDM in order to equality distribute the projects between regions and activities. Improvement of the CDM and other incentives to reduce emission in the developing world will be on the agenda at next meeting of the UNFCCC and Kyoto Protocol to be held in Nairobi, Kenya.
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