Oct 12, 2022
To combat climate change, the Kyoto Protocol has brought about a clean development mechanism. This agreement between developed and developing countries seeks to reduce emissions to preserve the ozone layer and strive for a cleaner environment.
CDM allows emission-reduction (or emission removal) projects in developing countries to earn certified emission reduction (CER) credits, each equivalent to one tonne of CO2. These CERs can be traded and sold, and used by industrialized countries to meet a part of their emission reduction targets under the Kyoto Protocol. Read more ...
