Clean Development Mechanism in Synergy with ISO 14001: Some Findings
The Clean Development Mechanism (CDM) was designed with two objectives: To contribute to local sustainable development in the host country and to assists Annex-I countries to achieve their emission reduction targets in a cost-efficient manner (UNFCCC 1997). The CDM inherited its twin objective from the two main instruments that were merged into the CDM. The sustainable development objective originates from the proposed Clean Development Fund (CDF), whereas the objective of cost-efficient emission reductions was the main driver behind the concept of Joint Implementation (JI). As a consequence of the amalgam, the CDM was given a twin objective. Different features of the ISO are discussed that are in synergy with the CDM.
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