National workshop on CDM - Orissa has large potential in CDM Trade

National workshop on CDM - Orissa has large potential in CDM Trade
Wednesday, September 09, 2009

Bhubaneswar (Press Release): Climate change is probably the biggest threat ever the world is facing today and Orissa is no exception. Orissa is most prone to climate changes, primarily because of its geographical location. The state’s fluctuating weather conditions suggest that it is reeling under climatic chaos.


For more than a decade now, it experiencing an unprecedented rise in temperatures and for a region, which is otherwise known for its moderate temperature, this is a very alarming trend: from heat waves to cyclones: from droughts to floods. In the last four years, calamities have claimed more than 30,000 lives, which are not only becoming more frequent, but have hit areas that were never considered vulnerable.

This is part of the Industrial Policy Resolution (IPR) Program which provided the required institutional and legal framework and bringing momentum to the industrial growth in the state and improving the climate for socially & environmentally responsible investment with an overall goal of higher and pro-poor economic growth and employment in Orissa. This initiative has been funded by DFID through UNIDO.IPICOL is the nodal agency.

Clean Development Mechanism is one of the project based market mechanism under Kyoto Protocol. It leverages capital from the developed nations to reduce emissions in developing projects that has been lower emissions.

Keeping this in view a CDM cell was created in IPICOL with DFID support. The technical backstopping to this Cell was provided by CTRAN, a leading Carbon Asset Management Company. Subsequently DFID routed the finance to retain the services of the key experts through UNIDO.

The objective of the workshop is to chart out a clear strategy for climate change mitigation through cleaner production in industrial sectors.200 number of invitees are participating on the seminar to share this experience of clean production.

Academicians, experts from carbon funds and validation agencies will debate over 2 days to come out with a climate change action plan for the state by industries.

The workshop is being inaugurated by Honorable Minister for Department of Steel & Mines Mr. Raghunath Mohanty, Senior Secretaries of Government of Orissa and officials from UNIDO.

As part of this programs & Clean Production Program for iron and steel Sector is being launched by IPICOL with OSIMA.