Clean Development Mechanism (CDM) Facility

Clean Development Mechanism (CDM) Facility
Updated: 20 February 2007

The CDM Facility, a three-year pilot program established by ADB in August 2003 and ending in 2006, provided opportunities to our developing member countries (DMCs) to access additional financial resources through efficient emissions reduction to promote sustainable development.

The CDM Facility assisted DMCs in

addressing global climate change issues and sustainable development goals by sourcing funds for emissions reductions (ERs)
processing the CDM requirements for identified projects.

It aimed to bridge the gap between buyers and sellers, ensuring a fair return to DMCs for their greenhouse gas (GHG) abatement initiatives and assisting developed countries to meet their commitments under the Kyoto Protocol*.

Objectives

The main objectives of ADB's CDM Facility were to:

promote projects that contribute to poverty reduction, sustainable development, and greenhouse gas (GHG) mitigation
lower CDM transaction costs by supporting CDM project identification, development, registration, and implementation
help find competitive prices for Emission Reductions (ERs), or carbon credits, arising from projects
facilitate access to underlying-finance by improving project viability.

Events

ADB's Side Events at the United Nations Framework Convention on Climate Change Conference of Parties 11, 28 November - 9 December 2005
Fuxin Coal Mine Methane/Coal Bed Methane Utilization Project -- Signing Ceremony, 15 November 2005
Workshop on Financing Modalities of Clean Development Mechanism (CDM), 27-28 July 2005
Carbon Finance Forum: Exploring Carbon Market Opportunities for the Philippines (5th National Workshop), 22 June 2005
Kyoto Protocol Day: New Opportunities for Investing in Cleaner Development, 16 February 2005

Additional Resources

View more information about the CDM Facility:

Ratification Status of ADB Member Countries [ PDF: 23kb | 4 pages ] (31 October 2005)
Frequently Asked Questions - [ PDF: 50kb | 3 pages ]
ADB Opens First Clean Development Mechanism Facility Project to Buyers, 16 March 2005
CDM Facility Paper [ PDF: 341kb | 12 pages ]
CDM Brochure
ADB's Renewable Energy, Energy Efficiency, and Climate Change (REACH) project
Statement of the Asian Development Bank - Tenth Conference of the Parties to the UN Framework Convention on Climate Change, Buenos Aires, Argentina, 17 December 2004 [ PDF: 125kb | 2 pages ]

Contacts

For inquiries, contact

Director, Energy, Transport and Water Division
Regional and Sustainable Development Department
Asian Development Bank
P.O. Box 789, 0980 Manila, Philippines
Tel: + 632 632 6473
Fax: + 632 636 2198
E-mail: adbcdm@adb.org

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Clean Development Mechanism Facility