Glossary

What is the Clean Development Mechanism (CDM)?

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Summary

The Clean Development Mechanism (CDM) is a UN initiative that allows emission reduction projects in developing countries to earn certified emission reduction (CER) credits. Each of these credits is equivalent to one tonne of CO2e. These certified emission reduction credits can be traded, bought, and sold. Industrialised countries use them to help meet their emission compensation targets under the Kyoto Protocol.

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