- English
China accounts for a significant share of global clean development mechanism (CDM) potential. So far, China has lagged behind other large developing countries, such as Brazil and India, in implementing a system for approval of CDM projects. But China now has the foundations for effective participation in the CDM. Eighteen projects had been approved and three had been registered by the CDM Executive Board by the end of 2005. China's CDM rules have been published, with several aspects of the previously draft CDM rules being modified or clarified. However, the CDM knowledge and awareness of policymakers at the local level needs to be enhanced, and to enable implementation of CDM projects in the rapidly developing energy sector, which is a high priority for China, capacity building for development and commercial banks serving this sector is urgently required.
Remarks:
http://pub.iges.or.jp/modules/envirolib/view.php?docid=446
Full text is available on EBSCOhost database: http://www.ebscohost.com/
- English