Invertis Journal of Renewable Energy
  • Year: 2015
  • Volume: 5
  • Issue: 2

Clean Development Mechanism to Reduce Green House Gases

  • Author:
  • Shruti Singh1, Rajesh Kumar1,, Jagvir Singh2, Ranjeet Singh3
  • Total Page Count: 10
  • Page Number: 95 to 104

1Department of Environmental Science, School of Basic Sciences & Research, Sharda University, Greater Noida-201306, India

2Ministry of Earth Sciences (MoES), Earth System Science Organization (ESSO), Prithvi Bhawan, Lodi Road, New Delhi-110003, India

3Earth System Science Organization-National Centre for Medium Range Weather Forecasting, A-50 Sector-62, Noida, U.P.-301307, India

*E-mail: rajesh.kumar@sharda.ac.in

Online published on 30 July, 2015.

Abstract

Keeping the issue of global warming in mind, renewable energy is vital as this has an attractive attribute that the fuel is free from emission. The market based mechanisms like Clean Development Mechanism (CDM) is a process which assist the development of renewable energy. The objective of this paper is to describe the pros and cons of this mechanism which support the renewable energy projects and make them attractive in terms of investment.

Keywords

Clean Development Mechanism (CDM), Climate Change, Renewable Energy