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Clean Development Mechanism (CDM)

The clean development mechanism (cdm), defined in Article 12 of the Kyoto Protocol, is one of three project-based flexible mechanisms authorized in the December 1997 Kyoto Protocol to the 1992 United Nations Framework Convention on Climate Change (UNFCCC). The overall aim of CDM is to provide for a more cost-effective way for industrialized countries (referred herein as Annex 1 countries) to meet their greenhouse gas (GHG) reduction targets they agreed to by ratifying the Kyoto Protocol. Article 12 of the Kyoto Protocol defines the purpose of the CDM as at least threefold: to help countries comply with their emission reduction commitments, assist developing countries in achieving sustainable development, and contribute to stabilization of greenhouse gas concentrations in the atmosphere.

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