Africa To Reap from CDM Projects .

-


By Charles Ogallo in Doha, Qatar. 


The time has come for Africa to reap the fruits of Clean Development Mechanism commonly known as CDM under the Kyoto Protocol, an international legally binding agreement.

Among new investment initiatives aimed at tackling climate change as well as reducing greenhouse gases  emissions globally , CDM has proved to be helpful in promoting sustainable development among communities facing the extremes of this global phenomenon especially in developing nations.

Geothermal Power Project in Kenya.
This follows an establishment of a loan scheme by United Nations Framework Convention on Climate Change UNFCCC to assist with project development in countries underrepresented in the CDM. The CDM loan scheme was officially launched on 18 April 2012, during the fourth Africa Carbon Forum in Addis Ababa, Ethiopia.

Addressing a group of African Radio Journalists at the UN Climate Change Conference in Doha Qatar, Mr Conor Barry an expert with the United Nations Framework Convention on Climate Change said the CDM loan scheme was introduced by  UNFCCC with an aim of financing CDM projects implementations and will be implemented in partnership with UNEP RISQ Center and UNOPS.  

Mr Barry announced that loan worth $3 million have already been approved and that 69% of applications for loans have come from projects in African countries, most (66%) of them were for small scale community friendly projects.

The types of projects include: EE household (lightning) (stoves), EE Service (water purification), Geothermal, Hydro, Landfill gas (Landfill flaring), Methane avoidance (domestic manure) (waste waster), Solar PV and Transport.

Wind Power Plant At Ngong , Kenya
Host countries for funded projects include: Belize, Burkina Faso, Kenya, Madagascar, Malawi, Nigeria, Rwanda, Sudan, Uganda and United Republic of Tanzania.

These projects are Safe Water Access project in Rwanda, Cable Propelled Transit project in Nigeria, Water Purification project in Tanzania, Biogas production project in Sudan and Waste to energy production project in Kenya.

Africa has 14 percent in regional distribution which is the highest number of applications with Kenya having one one application for Waste handling and disposal project in Nairobi at a cost of US dollars 417, 500, Asia and Middle East 5 percent while Carribean has only one percent.

According to CDM executive Board annual report released a head of the COP18 held in Doha Qatar, these and other initiatives have sought to remove barriers to participation in CDM and have benefited from cooperation with stakeholder groups and partner agencies, under the banner of the Nairobi Framework.

Comments

Post a Comment

Popular posts from this blog

COP27: Africa Geared to Become Global Green Hydrogen Leader, Report Shows

-
Image
By Charles Ogallo  Africa could capture up to 10 percent of global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as US$120bn to gross domestic product (GDP) by 2050, report released at COP27 shows. The landmark report issued jointly by Masdar and its Abu Dhabi Sustainability Week (ADSW) platform on the sidelines of the 2022 United Nations Climate Change Conference (COP27 also shows Africa’s plentiful solar and wind resources could be leveraged to produce 30 to 60 million tons per annum (mtpa) of green hydrogen by 2050, about 5 to 10 percent of global demand. “Africa’s Green Energy Revolution: Hydrogen’s role in unlocking Africa’s untapped renewables,” says the report produced with analytical support provided by McKinsey & Company. An African hydrogen industry with that production capacity would likely create 1.9 to 3.7 million jobs and boost GDP by as much as US$60 to 120 billion by 2050, the report finds. Speaking at the launch of the r
Read more

Kenya Eyes World Records in Support of Coastal and Marine Environment.

-
Image
By Charles Ogallo Hundreds of Kenyans took the Weekend of World Clean-up to the coastal beaches after a report named Kenya the second worst polluter of the ocean in Africa. Over 1,000 volunteers’ organizations and individuals came out this time to participate in the annual International Clean-up held at the Jomo Kenyatta Public Beach in Mombasa on 19th September 2009 in what was seen as an attempt to prove the report wrong this year. The Coastal Clean-up exercise was also held in Kilifi, Malindi, Diani, Watamu, Shimoni, Kikambala, Fort Jesus and English Point where hundreds of other volunteers gathered to clear the beaches of debris . According to last years International Ocean Report done by over 148 ocean conservancies in Washington DC, Kenya was named the second worst polluters in the shame list after Nigeria. Used shotgun shells, over 2000 used condoms, fridges and gas cookers were collected during the last years clean -up exercise in Watamu and Shimoni along the Kenyan Coast, the
Read more

QYPE website rocks the entertainment and travel world.

-
By Kojanews.net. Qype has in-depth information about Restaurants, Bars, Hotels, Events and more on Health and beauty around the globe. Whether it be Shopping, Eating / Drinking, Arts or anything else that you are interested in, http://www.qype.co.uk has all it takes. It’s the site of the day. The site is like a compass, it’s easy to navigate and use. With a click of a button, the world will be around you with information at your finger tips. And the results are all fantastic. Qype is becoming the world popular site for travelers, job seekers, shoppers, holiday makers, business personalities seeking for markets, explorers and students looking for best and quality colleges and Universities across the globe. From popular pizza restaurants in London to first class toy shops in Rio de Janeiro, Qype brings millions of people together online in seeking for best and secure places to be, anywhere and anytime across the world. With Qype you can build a network of friends and foes. You can swap
Read more