Performance of the Clean Development Mechanism(CDM) Projects of the Asean Countries
2012
Michael A. Gragasin, Philippine Center for Postharvest Development and Mechanization, Department of Agriculture(DA-PhilMech), Philippines | Ko, S.C., Hyupsung University, Hwaseong, Republic of Korea
Using a database of 254 projects registered at the UNFCCC as of October 15, 2010, this research has examined the performance of CDM registered projects of ASEAN countries since the start of Kyoto Protocol in 2004 and as it approaches its end in 2012. Undeniably, the CDM has fulfilled its promise of providing additional direct investments and transfer of technologies to ASEAN developing countries in line with the large number of projects registered so far. The Kyoto Protocol has indeed successfully created a mechanism of encouraging ASEAN countries to participate in reducing carbon emissions and become part of the concerted efforts of addressing the problem on climate change.
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