Snapshot for Accumulated Total Certified Emission Reduction issued by UNFCCC (CERSTOTL)

Rate Profile Information for CERSTOTL

Clean Development Mechanism (CDM) is defined by article 12 of the Kyoto Protocol. The purpose of the CDM is to assist Developing countries (not included in Annex I) in achieving sustainable development and contributing to the ultimate objective of the Convention which is to reduce emissions from 1990 levels. It is also designed to assist Parties included in Annex I (Developed countries which are parties to the Kyoto Protocol) in achieving compliance with their quantified emission limitation and reduction commitments under article 3 of the Protocol. A Certified Emission Reduction (CER) is a unit which is equal to one metric tonne of carbon dioxide equivalent, calculated using global warming potentials in accordance with Article 5 of the Kyoto Protocol. CERS are issued by the UNFCCC once requirements for a particular CDM project have been met taking into account the different CDM modalities and procedures. This sector addresses both the number of CDM projects which have been registered with the UNFCCC by host party and the number of CERS issued by host party.