Clean Development Mechanism (CDM)

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Defined in Article 12 of the Kyoto Protocol, the CDM allows a country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol (Annex B Party) to implement an emission-reduction project in developing countries. Such projects can earn saleable certified emission reduction (CER) credits, each equivalent to one tonne of CO2, which can be counted towards meeting Kyoto targets. The CDM is intended to facilitate the two objectives of promoting sustainable development (SD) in developing countries and of helping industrialised countries to reach their emissions commitments in a cost-effective way.

 

Links

United Nations Clean Development Mechanism
Carbon Offset Guide: Clean Development Mechanism (CDM)