Efficient Utilization of Agricultural Wastes Project

Enterprise ownership lacking. The lack of ownership and commitment on the part of the project enterprises to the preparation of the project design document (PDD) might cause the Clean Development Mechanism (CDM) pilot bundling project to fail. In the case of the pilot CDM project in Henan Province, the provincial government may need to change its role from direct involvement in the CDM project development to technical support. The government should also seek direct involvement by the enterprises to enhance their ownership and understanding of the CDM process. The enterprises considered carbon financing as an easily accessible fund and were not aware of the commitment and efforts that would be required from them to avail of the carbon credit. The absence of direct involvement in preparing the CDM pilot project and lack of full understanding of the process may lead to the failure of the pilot bundling project.