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The Clean Development Mechanism and Joint Implementation: Navigating the Kyoto Project-Based Mechanisms
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Course Theme:Climate Change
Sub-Theme:Essentials of Climate Change
Course Format:Facilitated
Amount:US $ 0 (Course is free of charge)
Contact Name:Chandni Dinakaran
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The Kyoto Protocol requires countries to reduce their greenhouse gas emissions. To help countries achieve their emission reduction targets, the Protocol introduced two market-based mechanisms: the Clean Development Mechanism (CDM) and Joint Implementation (JI).

The CDM allows a country, firm or individual to implement projects that reduce or remove emissions in developing countries and to earn certified emission reduction credits. The CDM is meant to stimulate sustainable development and emission reductions in developing countries, while giving industrialized countries some economic flexibility in how they meet their emission reduction or limitation targets.

JI allows a country, firm or individual to implement an emission reduction project and earn emission reduction units that can be sold. The main difference between the CDM and JI lies in their application, as JI projects can only be hosted by countries with emission reduction or limitation commitments.

This course, which provides a comprehensive overview of the CDM and JI, was developed by the World Bank Institute’s Carbon Finance Assist program and the Greenhouse Gas Management Institute.

The course is delivered in 10 modules, which take about 20 hours to complete. It uses interactive presentations, case studies and discussion forums. The course will enable participants to:
  • understand all aspects of the Kyoto Protocol’s project-based mechanisms;
  • understand the governance of these mechanisms;
  • start a CDM or JI project; and
  • understand the CDM and JI project cycles and corresponding rules and procedures.

This learning product was developed thanks to the financial support of the governments of Spain and Switzerland through the CF-Assist Trust Fund.

Target Audience:
Carbon finance experts and practitioners, including project developers, technical consultants, decision makers, representatives from cities and civil society organizations.