An energy efficiency project in Andhra Pradesh, India is the 1000th project to be registered by the CDM. The project is expected to reduce CO2 emissions by more than 34,000 tonnes annually. “The CDM has passed another milestone, time to reflect on our success and redouble our efforts to improve and expand the mechanism,” said CDM Executive Board Chair Rajesh Kumar Sethi, who signed off on the project at a joint coordination workshop in Germany. CDM projects have so far generated more than 135 million CERS. The mechanism is anticipated to generate more than 2.7 billion CERs in the first commitment period of the Kyoto Protocol. “With 1000 projects in 49 countries in just two and half years, the ‘infant’ CDM has shown its potential, and is maturing into a ‘junior’. It’s clear that there is still much greater potential that can be realised, while respecting the imperative of ensuring environmental integrity and making the mechanism as simple as possible,” said Sethi.
