Cancun climate change negotiation meeting is off the beaten track for more than a month and relevant parties are from each Angle ponder earnestly and digest the meeting results – the cancun agreement. Due to this conference have failed to clean development mechanism (CDM) the future direction of consensus, get a clear as 2012 Kyoto first commitment period end period of approaching, global carbon market and wind generators industry still hangs over the CDM over a cloud over, many parties on CDM appear lack of confidence. Experts say the cancun agreement for the future development of CDM has brought hopeful twillght and encourage our country industry seize the opportunity, early preparation.

The eu made it clear that fitting since 2013 up disable from trifluoro methane (HFC – 23) and the adipic acid kind N2O industries exhaust class CDM project produces carbon credits. But these two kind of project is the current global emissions reductions biggest project type. By 2010 December 28th, these two types of CDM project produces carbon credits per cent of the global total CDM project carbon credits 71 percent. Our country is that the two items of the carbon credits, has had the biggest supply kingdom of carbon wind turbines credit account for 80 per cent of total domestic carbon credits. European ban if implemented, will eventually to global carbon markets and CDM market structure bring strong earthquakes in our country, these two kinds of enterprise project influence is self-evident. But from another view, with the rich CDM project resources and strong project execution ability and management ability, be helpful for our country wind, water and electricity, waste heat utilization, and more pressure using type etc biogas CDM project development.

The EU emissions trading (EU ETS) phase ii (2008-2012) is about to expire. Therefore, the European Union in cancun conference on climate change during the meeting eve and high-key recommendation EU ETS 3) (2013-2020). The EU says climate change will “in the EU package” continue to play EU ETS function of market system. At present, the European Union is the biggest purchaser CDM carbon credits, its note for 2012 after the continued development of the CDM is ensured.

In addition, the cancun agreement under the Kyoto protocol “< > next to developing country ability construction” resolution also requires the member concerned, bilateral,small wind generator multilateral and international institutions and private sector, continue to the developing countries provide technical and financial resources to support. Thus, the contracting parties to break the current by China, India, South Korea, Brazil a few other countries dominate global most CDM market (the four countries of the world already issued certified emissions reductions of 92%, accounting for global expected reduction of 82%) of unbalanced situation, promote the balanced development of global CDM. This, to a certain extent also reflects the contracting parties in 2012 later CDM development shoes.

In addition, the meeting by the convention for long term wind power generator cooperative action problems AD hoc group work “is also says climate change long-term financing mechanism problem without carbon market. Anyhow, cancun meeting reached a package of agreement and during the meeting parties’s position, make we see future carbon market and the development of new hope and CDM new pattern, our country should prepare early, meet new challenges, grasp new opportunity.

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