The Legal and Institutional Aspects of the Clean Development Mechanism (Cdm) Forestry Project in Humbo and Damote Areas in Ethiopian
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Date
2009-05
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Addis Ababa University
Abstract
Changes in climate become common concern of all mankind. Consequences resulting
ji-om global warming such as rise in the sea level, ji-equent occurrence of natural
calamity, agricultural breakdown, melting of the polar ice, worsening human heath
effect, disruption of the water cycle, to mention some, urged the international community
to seek remedy. In response to these consequences the GA urged governments and
intergovernmental and non-governmental organizations to collaborate in a concerted
effort to prepare conventions.
After long and tiresome negotiation the international community adopted UNFCCC in
1992 and it 's Kyoto Protocol in 1997 to stabilize GHG. The Kyoto Protocol requires the
industrialized countries specified in Annex 1 to reduce their average emissions of six
GHG by 5.2%from 1990 levels between the years 2008 and 2012. The Protocol adopted
the principles of differentiated commitments between the industrialized north and nonindustrialized
south. To meet the different ends of the north and south flexible mechanism
is adopted in the protocol. CMD AIR is one of these flexible mechanisms adopted in the
Protocol.
CDM AIR aims to achieve climate change mitigation through the market based
approach: Industrialized countries receive emission rights in exchange for financing
emission abatement projects in countries without emission target. It also aims to assist
developing countries in achieving sustainable development by promoting environmentally
fi-iendly investment ji-om industrialized countries.
The procedure for the implementation of CDM AIR project is cumbersome. Apart ji-om
the procedure, the implementation of CDM AIR project raises number of legal and
institutional issues. Ethiopia as part of the international community ratified the UNFCCC
and its Kyoto Protocol and currently pilot CDM AIR project in the SNNPRS While
implementing CDM AIR project there must be institutional setup and legal framework to
realize the project. The writer believes that this paper points out the legal and
institutional gaps for the implementation of CDM AIR project and contributes to benefit
from the CDM AIR regime.
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The Legal, and Institutional Aspects