Uzbekistan registers another CDM project with UN body

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Economy 27/12/2011 Uzbekistan registers another CDM project with UN body

Uzbekistan registers another CDM project with UN body

Tashkent, Uzbekistan (UzDaily.com) -- The United Nations Framework Convention on Climate Change (UNFCCC) registered the thirteenth Clean Development Mechanism (CDM) project of Uzbekistan “Reducing gas leaks in low pressure and medium pressure gas distribution networks in Tashkent city and Tashkent region”.

National CDM Body said that the project will allow to cut 1 million tonnes of Certified Emission Reductions (CER) a year. The project is implemented by Uztransgaz joint stock company and Macquarie Bank Limited (Great Britain/Australia).

Currently, the UNFCCC registered thirteen CDM projects of Uzbekistan with total planned emission reductions of about 5.273 million tonnes of CO2-equivallent a year.

It is worth to mention that Uzbekistan leads in Eastern Europe and the Commonwealth of Independent States (CIS) on number of projects and in the world – 7th place on calculated volume of emission reduction and 19th place on number of registered CDM projects.

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