Opportunities to apply for CDM's immense - Deheragoda

Priyanka KURUGALA

The opportunities for Sri Lanka to apply clean development mechanism (CDMs) are immense. Unfortunately, nearly seven years have elapsed since we acceded to the Kyoto Protocol but not a single potential clean development mechanism project has made a serious breakthrough said, Sustainable Energy Authority, Chairman Krishan Deheragoda addressing a seminar, held at the Galadari Hotel, Colombo yesterday.

The seminar was held in collaboration with Ecoeye Co Korea. Studies show that the potential for emission reduction in Sri Lanka is around 6 million tonnes Carbon dioxide per year, he said. Accordingly, a total revenue of over Rs 74 million per year can be expected from reducing CO2 emissions, he noted.