It will take us some time to take it further from here, said Lex de Jonge, head, CDM division in the Dutch ministry of housing, spatial planning and environment. The workshop was organised by the Dutch embassy in coordination with Teri.
The clean development mechanism was introduced under the Kyoto Protocol to help the developed countries and economies in transition cut the cost of meeting their emission targets by reducing emissions or increasing greenhouse gas removals in developing countries like India. The developed countries and economies in transition are committed to reducing their GHG emissions by 5.2 per cent under the Kyoto Protocol, which was adopted in 1997.
Developing countries too will benefit because clean development mechanism projects are expected to lead to the transfer of environmentally safe and sound technology and know how to them. The Netherlands is one of the few countries in the world which has been implementing CDM through a number of approachesinternational carbon purchase tender, multilateral development banks and a private bank. Now the Dutch government is exploring bilateral cooperation with countries like India. The workshop was one such step in that direction.