The Clean Development Mechanism: Local Impacts of a Global System

Executive Summary The Clean Development Mechanism (CDM) was set up under the 1997 Kyoto Protocol to allow developed countries to buy emissions¬†reductions from developing countries in the form of credits, called Certified Emissions Reductions (CERs). The objectives¬†of the CDM are to help developed countries achieve their climate commitment and to assist developing countries in achieving¬†sustainable … Continue reading The Clean Development Mechanism: Local Impacts of a Global System