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Climate Change - Defining CDM |
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The Clean Development Mechanism (“CDM”) is
created by an international treaty, more particularly by
article 12 of the Kyoto Protocol to the United Nations
Framework Convention on Climate Change.
CDM is a
flexibility mechanism aimed at a reduction in the emission of
climate-change producing greenhouse gases in the cheapest
possible way. It further aims to facilitate technology
transfer from developed to developing countries.
For
more information on "climate change - an introduction and some
definitions" please use the menu at the left bottom of the
page
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