as instrument for industrial development and poverty alleviation in
Clean Development Mechanism (CDM) is a mechanism under the Kyoto
Protocol that will enable projects in emerging economies that lead to a
reduction of greenhouse gases, to get an extra revenue stream.
The Norwegian Ministry of Foreign Affairs sponsors a program that will
be implemented by two Norwegian organizations: Norsk Energi and ECON and the
Energy Efficiency Centre Georgia.
This is a four phase program and it will include the following elements:
Capacity Building: Conducting a capacity
building program on CDM; identification of long-list of potential projects and
PIN - Project Idea Note development:
Preperation of PINs for the projects on the short-list. Present the
PINs to potential investors and financial institutions;
PDD – Project Design
Document. Preparation of PDDs for the selected
CDM Project Implementation
Phase - The Capacity Building Programme on CDM
duration October-December, 2006. Completed.
workshop took place in Tbilisi, Thursday March 27th, 2008.
goal of this program is:
To bring the public and private industry sectors in Caucasus’
into a position to become active participants in the carbon
market and benefit from the mechanisms established under the Kyoto
Contribute to global reduction of GHG
Improve local environment and
support sustainable development
Use energy more efficiently and increase
use of renewable sources
Promote long-term growth
Support poverty alleviation through
economic activity and employment generation.