The Clean Development Mechanism (CDM) is a project-based
mechanism established by the Kyoto Protocol that allows developed countries to
invest in emission reduction projects in developing countries and earn credits
that can be used to meet their own emission reduction targets. The CDM aims to
promote sustainable development in developing countries while also reducing
global greenhouse gas emissions.
One of the project types eligible for the CDM is
afforestation and reforestation (A/R) projects, which involve planting new
forests or restoring degraded lands with trees. These A/R projects can support
social forestry by providing income-generation opportunities for local
communities, promoting sustainable forest management practices, and helping to
improve local ecosystem services such as water and soil conservation.
Under the CDM, developed country investors can provide
funding for A/R projects in developing countries, which can earn Certified
Emission Reduction (CER) credits for each tonne of CO2 equivalent emissions
that are avoided or removed by the project. These CER credits can then be used
by developed countries to meet their own emission reduction targets under the
Kyoto Protocol.
The revenue generated from the sale of CER credits can be
used to support social forestry projects, such as providing training and
education on sustainable forest management practices, developing local markets
for forest products, and improving forest governance and community
participation.
CDM can support social forestry by providing funding for A/R
projects that promote sustainable forest management and benefit local
communities while also contributing to global efforts to address climate
change.
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