Introduction to CDM Projects
1.1. Concept of CDM
CDM, or Clean Development Mechanism, has become a crucial mechanism for addressing climate change. It involves cooperation between developed and developing countries to implement sustainable and environmentally friendly greenhouse gas reduction projects.
1.2. Purpose and Principles of CDM
CDM allows developed countries’ companies to support sustainable greenhouse gas reduction projects in developing countries. In return, they receive Certified Emission Reductions (CERs). Developing countries benefit from technology transfer and financial support, contributing to sustainable development.
Structure and Benefits of CDM Projects
2.1. Collaborative Emission Reduction Projects
CDM involves developed country companies supporting sustainable greenhouse gas reduction projects. Through this, these companies earn CERs, and developing countries receive technology transfer and financial support.
2.2. Utilization of CERs
The acquired CERs can be sold to countries with emission reduction obligations. Developed country companies reduce costs, while developing countries can activate environmentally friendly development through voluntary investments from developed countries.
Summary and Prospects for CDM
3.1. Exemplary Cases of International Cooperation
CDM is evaluated as an exemplary case of international cooperation that supports economic development in developing countries while contributing to environmental protection.
3.2. Positive Impacts of CDM
CDM serves as a positive mechanism that meets the sustainable development of developing countries and the environmental obligations of developed countries, illustrating an excellent example of international cooperation for a sustainable future.
Carbon Emission Trading System
4.1. Overview of Emission Trading
Building on CDM, let’s explore the evolved emission trading system. This system seeks economic compensation for efforts to reduce greenhouse gas emissions, making it a crucial tool for climate change response.
4.2. Principles and Advantages of Trading System
The emission trading system allocates emission limits to companies or countries. They can trade the right to emit additional amounts beyond these limits. It efficiently enables emission reduction and economic value creation, offering flexibility for companies to adjust emissions while pursuing economic benefits.
Domestic Carbon Emission Trading Status and Outlook
5.1. Trends in Domestic Carbon Emission Trading
The scale and price of domestic carbon emission trading fluctuate in response to the government’s greenhouse gas reduction and carbon emission market policies.
5.2. Government Policies and Corporate Participation
Korea’s carbon emission market is gaining importance due to the government’s carbon neutrality efforts. Companies are expected to participate in carbon emission trading to contribute to climate change response and create economic value.
The trends in the domestic carbon emission market are predicted to be influenced by international environmental conditions, domestic policies, corporate ESG interests, and continuous monitoring and attention are necessary.
답글 남기기