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Among these instruments, the Clean Development Mechanism using the market as its driven force has the potential to not only contribute to the ultimate objective of the UN Framework Convention on Climate Change, but also encourage developing countries to move their economic growth to a less carbon-intensive development path. Ideally, it will encourage additional capital flows into developing countries, accelerate environment sound technology transfer, creating new job opportunities and enable developing countries to leapfrog to cleaner technologies. |
I believe that the CDM has the potential to make a significant contribution to a sustainable economic development in our country. Business as usual is no longer an option for Yemen. For this reason Yemen has ratified the Kyoto Protocol in 2004 and developed the relevant legal framework, thereby ensuring Yemen as an attractive CDM destination.
The Government of Yemen is determined to address climate change for the benefit of our present and future generations.
Abdul-Rahman F. Al-Eryani
Minister of Water and Environment
Chair – DNA Board |
| The Kyoto Protocol addresses mitigation of the six gases believed to be the main contributors to the climate change effect, which is associated with an increase in the global temperature and disturbed climatic patterns. The Clean Development Mechanism (CDM), an innovative cooperative mechanism under the Kyoto Protocol, designed with the dual aim of assisting developing countries in achieving sustainable development and of assisting industrialized countries in achieving compliance with their greenhouse gas emission reduction commitments. | | |
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