Clean Development Mechanism or CDM in short, is an extension of Kyoto Protocol mechanism which objective is for encouraging transfer of technology from industrialized countries to developing countries. At first it is only in technology perspective, then it extend to transfer investments as well. It is expected that developed countries would invest projects to reduce gas emissions in developing countries. As a return, they get credits in Certified Emission Reductions —CER credits— which inline with emission restriction target and compliance with Kyoto Protocol standard to limit gas emission. (more…)
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