Under the Kyoto Protocol’s Clean Development Mechanism, certain cities in developing countries have begun adopting an integrated systems approach to emissions reduction and resource conservation. Lauding their efforts, Maggie Comstock, Policy Associate, US Green Building Council asks when developed countries like the US will follow suit.
This blog originally appeared in the Official Blog of the US Green Building Council
As the dust settles after the COP17 Climate Talks in Durban, a sigh of relief is released. The mechanisms under the Kyoto Protocol have survived to see a second commitment period.
The mechanisms under the Kyoto Protocol—the Clean Development Mechanism (CDM), Joint Implementation (JI) and emissions trading—provide flexibility as participating countries attempt to comply with their emission reduction targets. Each of these mechanisms allows developed countries to fund emissions reduction projects outside of their borders in order to meet their domestic targets. The CDM has been universally embraced by the first and third world as a way to encourage sustainable development and green economic growth in developing countries.