Clean Development Mechanism

Question

19 Nov 2021

Answer :

Word Count : 415

The Clean Development Mechanism (CDM) refers to a market mechanism for achieving greenhouse gas emissions reduction and is defined in Article 12 of the Kyoto Protocol - an international treaty for emissions reductions. CDM allows an industrialized/developed country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol (called as Annex I Party or Annex B Party of the original Kyoto Protocol signed in 1997) to implement an emission-reduction project in any of those developing countries (which may otherwise be not financially capable _____ ________ _____ _______ _______ ______ _______ ____ ________ _____ _________.
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