Relevance of Clean Development Mechanism and its Relationship with ISO 14001 in the Backdrop of Indian Environmental Context

Abstract

CDM project cycle requires performance of specific project management activities to acquire CER credits in synergy with ISO 14001 management system which provides flexible internationally recognized environmental management frame work. It has the advantages of simplified project registration, easier execution of annually required activities, improved control, less uncertainty and reduced risk. ISO 14000 environmental management tools can be successfully applied to CDM projects to ensure that projected CER credits from these projects are realized.