• Korean Journal of Remote Sensing
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• v.28 no.5
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• pp.587-596
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• 2012

Verifying about eligibility of targeted site is necessary for execute Afforestation and Reforestation Clean Development Mechanism (A/R CDM) project which is followed by system of Kyoto protocol. The site have to be identified by which could not be in conformity with definition of forest. This study tried to propose a technology of classify for site selection of A/R CDM. We chose several parts of Yangpyeng as study area and applied LiDAR data and remotely sensed imagery for considering about tree height, degree of crown closure, and land area which 3 factors for identify forest. LiDAR data was used for offset the shortage of remotely sensed imagery that cannot perfectly determine the forest definition due to absence of 3-dimentional information, but can be obtained from LiDAR. Considering tree height, degree of crown closure, and land area simultaneously by moving window, classified fields to forest and non forest based on pixel size. As a result, 124.06 ha for suitable to doing plantation and approximately 357.02 ha are in negative. Technology that applied for analyzing will provide fundamental methodology not only site selection for A/R CDM, but will be utilized in other Kyoto protocol.

• Korean Journal of Construction Engineering and Management
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• v.15 no.1
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• pp.111-121
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• 2014

The Clean Development Mechanism (CDM) allows New & Renewable Energy projects to make additional income by selling CER's, which represent the amount of Green House Gases(GHG) that is reduced in the project. However, forward contracts used to hedge fluctuating market prices does not allow projects to sell CER's at a premium. As an alternate approach to maximize CER revenue, CER's are modeled as a 'real option', in which CER's are sold only above the desired sales price. Using the Binomial Option Pricing model, the resultant lattices are used to determine whether to sell, defer or abandon the option at individual nodes. Overlaying Pascal's Triangle on the lattices also enabled the calculation of the annual probabilities for deferring CER sales without incurring downside losses. Application to an actual Landfill Gas project showed increased overall NPV, and that CER sales could be deferred at a maximum of 2 years. The proposed framework allows transparency in the analysis and provides valuable and strategical information when making investment decisions related to CER sales of CDM projects.

• Korean Journal of Organic Agriculture
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• v.28 no.4
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• pp.535-553
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• 2020

In this study, the characteristics of the waste sector CDM project were analyzed through cluster analysis of the waste sector CDM project and the analysis of the CDM investment cost in waste sector using CDM project data registered with UNFCCC since 2008 when EU ETS phase 2 began. As of September 2020, 772 cases of CDM projects in waste disposal and disposal are registered. Biogas technology is the largest, followed by livestock manure processing and biomass production technology. The results of the cluster analysis are summarized as follows: First, on average, projects utilizing AWMS technology are small in size and relatively low in investment costs. This is judged to be relatively low investment costs due to previously attracted foreign investment capital. Second, the average investment cost of CDM projects considered along with waste (No.13), the energy industry (No.1) and agriculture (No.15) was higher than those involving only waste. The analysis of the factors determining the investment cost of the waste sector CDM project showed that, as with cluster analysis, the AWMS technology, which is a livestock manure treatment technology, was lower in the investment cost than those that use other technologies. As a result of multiple regression analysis, the investment cost of the CDM project was analyzed lower in the order of biomass, AWMS, LFG and biogas. Also, the higher the investment cost for CDM projects linked to waste, energy and agriculture, and the better the investment environment, the higher the investment cost. Although no statistical feasibility was obtained, the larger the annual emission reduction, the lower the CDM investment cost.

• Journal of Forest and Environmental Science
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• v.25 no.3
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• pp.157-165
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• 2009

Forests potentially contribute to global climate change through their influence on the global carbon (C) cycle. The Kyoto Protocol provides for the involvement of developing countries in an atmospheric greenhouse gas reduction regime under its Clean Development Mechanism (CDM). Carbon credits are gained from reforestation and afforestation activities in developing countries. Bangladesh, a densely populated tropical country in South Asia, has a huge degraded forestland, which can be reforested by CDM projects. To realize the potential of the forestry sector in developing countries like Bangladesh for full-scale emission mitigation, the carbon sequestration potential should be integrated with the carbon trading system under the CDM of the Kyoto Protocol. This paper discusses the prospects of carbon trading in Bangladesh, in relation to the CDM, in the context of global warming.

• 한국신재생에너지학회:학술대회논문집
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• 2006.11a
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• pp.165-167
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• 2006

On our return to India from Germany, we have worked on the development of parabolic solar concentrators with input and collaboration of German and Austrian inventors. We have gradually improved the solar technologies to include food processing based on inputs and feedback from users to fulfill their specific requirements. We will discuss the acceptability and commercialisation of various systems that we have successfully developed, their implications and their benefit. These success stories can work as multipliers. These concentrators can have various other applications. The Global Treaty Kyoto Protocol's CDM (Clean Development Mechanism) can result in a win-win situation for both developing and developed nations and the world environment at large - whereby developed nations get carbon credits by supporting renewable energy projects in developing nations. North-South dialogue and South-South dialogue can effectively foster global co-operation meaningfully to benefit People and environments ensuring sustainable development and protection of Our planet Earth, our only HOME!!!

• Proceedings of the Safety Management and Science Conference
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• 2009.11a
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• pp.405-409
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• 2009

Most countries have been focused on the CDM(Clean Development Mechanism). According to Wikipedia, the free encyclopedia, CDM is an arrangement under the Kyoto Protocol allowing industrialized countries with a greenhouse gas reduction commitment to invest in projects that reduce emissions in developing countries as an alternative to more expensive emission reductions in their own countries. There are many environmental problems which resulted from development of IT field. The main objective of this paper is to find an effective methodology as an initial stage for applications of green IT in a real life. Therefore this paper addresses worldwide reviews on green IT products.

• Journal of Agricultural Extension & Community Development
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• v.19 no.1
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• pp.147-178
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• 2012

청정개발체제(CDM)는 1997년 교토의정서(Kyoto protocol)를 통해 확립된 온실가스 배출과 관련된 선진국과 개도국 간 협력 기제의 하나이다. 청정개발체제는 기본적으로 선진국의 정부 또는 민간조직이 개도국에서 배출감축 프로젝트를 수행하고, CER(Certified Emission Reduction)의 형태로 배출권을 얻는 것을 허용하고, CER을 자국의 배출감축목표 달성을 위해 사용할 수 있도록 하고 있다. 이 연구의 목적은 아세안 국가들의 청정개발 메커니즘의 성취도를 알아보는데 있으며, 자료는 2010년 10월 15일 현재 유엔기후변화기본협약(UNFCCC)에 등록된 254개 청정개발체제 사업을 대상으로 분석하였다. 이 연구의 결과, 전체 254개 사업 중 20%만이 탄소배출권을 받은 것으로 나타났으며, 실제 탄소배출권의 총량은 650만 톤이지만, 이는 전체 사업계획서에 반영된 양의 15%에 불과한 것으로 분석되었다. 또한 아세안 국가의 CDM사업과 관련된 장애 요인으로서는 (1) 사업 등록과 탄소배출권 승인 간 시간 격차가 존재하고, (2) 사업계획과 실제 승인량에 차이가 나타나며, (3) 특히 소규모 사업의 경우 높은 거래 비용 때문에 등록 후 배출승인을 신청하지 않고 있는 것으로 나타나고 있다. 이러한 연구결과는 아세안국가들이 CDM사업을 수행하는 데 있어서 선진국들의 주요 파트너가 되고 있지만, 실제로 사업을 통한 탄소배출량은 제한적일 수 있음을 의미한다. 따라서 일부 아세안 국가에서 교토의정서에 따라 자체적으로 탄소배출감축을 시도하고 있음을 고려할 때, 자체적인 CDM의 성공적인 경영, 수행, 운영을 위해 더 많은 선진국들의 협력과 지원이 주어질 필요가 있다.

• Spatial Information Research
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• v.22 no.2
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• pp.1-9
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• 2014

UN-REDD (United Nations programme on Reducing Emissions from Deforestation and forest Degradation in Developing Countries) and AR-CDM (Afforestation/Reforestation-Clean Development Mechanism) is currently being emerged as one of important mechanism to reduce carbon dioxide in relation to the deforestation. Discussion on North Korea as UN-REDD/AR-CDM project target continues with a view to preventing deforestation and to securing CER(certified emission reduction) for South Korea. The forests in Mt. Baekdu are degraded, deforestation is occurred, nevertheless, portion of forested area is still high, where both REDD and AR-CDM investment potential are quite high. Accordingly, this study is intended to explore a simultaneous registration potential to UNREDD/AR-CDM for Mt. Baekdu although separate registration to UN-REDD or AR-CDM has already gained worldwide recognition as a typical method in the process of GHG (Greenhouse Gas) reduction project. The results indicate that selecting UN-REDD or AR-CDM in accordance with sub-watershed forest condition could capture 53.2% more carbon dioxide than REDD alone and 21.9% more than AR-CDM alone. It is anticipated that this research output could be used as a realistic evidence to introduce carbon sequestering project in accordance with sub-watershed forest condition.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.272-275
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• 2009

Carbon finance is the investment in Greenhouse Gas (GHG) emission reduction projects in developing countries and countries with economies in transition within the framework of the Kyoto Protocol's Clean Development Mechanism (CDM) or Joint Implementation (JI) and with creation of financial instruments, i.e., carbon credits, which are tradable in carbon market. The additional revenue generated from carbon credits will increase the bankability of projects by reducing the risks of commercial lending or grant finance. Meantime, it has also demonstrated numerous opportunities for collaborating across sectors, and has served as a catalyst in bringing climate issues to bear in projects relating to rural electrification, renewable energy, energy efficiency, urban infrastructure, waste management, pollution abatement, forestry, and water resource management. Establishing additionality is essential for successful CDM project development. One of the key steps is the investment analysis. As guided by UNFCCC, financial indicators such as IRR, NPV, DSCR etc are most commonly used in both Option II & Option III. However, economic indicator such as Economic Internal Rate of Return(EIRR) are often overlooked in Option III even it might be more suitable for the project. This could be due to the difficulties in economic analysis. Although Asian Development Bank(ADB) has given guidelines in evaluating EIRR, there are still large amount of works have to be carried out in estimating the economic, financial, social and environmental benefits in the host country. This paper will present a case study of a CDM development of a 18 MW hydro power plant with carbon finance option in central Vietnam. The estimation of respective factors in EIRR, such as Willingness to Pay(WTP), shadow price etc, will be addressed with the adjustment to Vietnam local provincial factors. The significance of carbon finance to Vietnam renewable energy development will also be addressed.

• Journal of Forest and Environmental Science
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• v.34 no.4
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• pp.352-358
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• 2018

This research paper investigates available options for implementing clean development mechanism (CDM) project in Sarawak state, Malaysia. To investigate economic feasibility, data was collected using survey and field research methods. Also, economic analysis was estimated using net present value (NPV), internal rate of return (IRR) and payback period (PBP) during the 30 years CDM: afforestation and reforestation periods. The result of economic analysis indicated that, the payback period was estimated at 9 years with 18 percent of internal rate of return (IRR). This study also highlighted that CDM biomass supply project have a lot of challenges due to the reduction and exclusion of bio-Solid Recovered Fuel (SRF), supply and demand scenario, and impact of restriction of illegal logging in Malaysia. This study results demonstrate the methodology and guideline for future CDM investment and projects.