Clean Development Mechanism

THE KYOTO PROTOCOL establishes three innovative mechanisms known as joint implementation, the clean development mechanism (CDM), and emissions trading to reduce greenhouse gas emissions. These are designed to help Annex I Parties cut the cost of meeting their emissions targets by taking advantage of opportunities to reduce emissions (or increase greenhouse gas removals) that cost less in other countries.

The CDM was established under Article 12 of the Kyoto Protocol to achieve two goals: to promote sustainable development in the developing nations, and to allow developed (industrialized) nations to earn emission credits by investing in emission-reducing projects in developing nations. To get credits under this mechanism, the project proponent has to prove that the greenhouse gas emission reductions are real, measurable, and that these reductions are ...

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