Definition of Clean Development Mechanism (CDM)

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TeachMeFinance.com - explain Clean Development Mechanism (CDM)



Clean Development Mechanism (CDM)

The term 'Clean Development Mechanism (CDM)' as it applies to the area of energy can be defined as ' A Kyoto Protocol program that enables industrialized countries to finance emissions-avoiding projects in developing countries and receive credit for reductions achieved against their own emissions limitation targets. Also see Kyoto Protocol'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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