Thursday, May 7, 2009

The Kyoto Protocol's clean development mechanism

Source: Parliamentary Library
"The Clean Development Mechanism (CDM) is an avenue for industrialised countries to undertake carbon abatement projects in developing countries. The mechanism is an element of the Kyoto Protocol to the United Nations Framework Convention on Climate Change (UNFCCC). Carbon abatement credits occurring from these CDM projects can be used by developed countries to meet their Kyoto emission reduction targets."