Clean Development Mechanism. 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. See Kyoto Protocol.
Clean Development Mechanism. A mechanism that allows emission reduction and afforestation/reforestation projects to be implemented in developing countries that have ratified the Kyoto Protocol. CDM projects earn Certified Emission Reductions for the emission reductions/removals achieved.
Clean Development Mechanism. One of the three Kyoto mechanisms, the CDM aims to promote sustainable development in developing countries as well as to help Annex I Parties achieve compliance with their QELRC s. It allows Annex I countries to invest in emission-saving projects in developing countries and gain credit for the savings achieved through the generation of CERs that they can use to contribute to compliance with part of their QELRCs. The CERs will be added to Annex I Parties' assigned amounts.
Clean Development Mechanism: one form of flexibility mechanisms defined under Art. 12 of the Kyoto Protocol; permits the acquisition by Annex I Parties of certified emission reduction credits (CERs) accruing from project activities in developing countries to contribute to compliance with part of their QELRC commitments under Art. 3.
Clean development mechanism. The Kyoto Protocol establishes the CDM to enable industrialized countries to finance emissions-avoiding projects in developing countries and receive credit for doing so.
Clean Development Mechanism. A market mechanism defined in the Kyoto Protocol (Article 12) as a project between a developed country and a developing county that provides the developing county with the financing and technology for sustainable development and assists the developed country in achieving compliance with its emission reduction commitments.
Clean Development Mechanism. One of the three flexible mechanisms established by the Kyoto Protocol. The instrument is flexible, because it allows industrialized countries to invest in emission reduction projects in developing countries with potential for cost-effective emission reductions (see box 5).
Clean Development Mechanism. The CDM is a mechanism established by Article 12 of the Kyoto Protocol for project-based emission reduction activities in developing countries.
Clean Development Mechanism. A provision in the Kyoto Protocol that enables industrialized countries to finance emissions-avoiding projects in developing countries and receive credit for doing so.
Clean Development Mechanism. Mechanism under the Kyoto Protocol for trading in emission reductions between industrialized and developing countries through joint projects.
Clean Development Mechanism. One of the Kyoto Protocol's flexibility mechanisms. Ownership of emission reductions from specific projects can be transferred between an Annex I country and a developing country (not in Annex I) if those projects "assist [developing country parties] in achieving sustainable development," have "real, measurable and long-term benefits related to the mitigation of climate change" and lead to net emission reductions that are "additional to any that would otherwise occur." Emission reductions obtained from these projects between 2000 and 2007 can be transferred to the period 2008-2012. ()
Clean Development Mechanism. The opportunity for countries or companies to acquire Certified Emission Reductions (CER) that can be used to meet their own commitments by investing in projects in developing and newly industrializing countries (without themselves having to reduce emissions).
Clean Development Mechanism. One of the three market mechanisms established by the Kyoto Protocol. The CDM is designed to promote sustainable development in developing countries and assist Annex I Parties in meeting their greenhouse gas emmissions reduction commitments. It enables industrialized countries to invest in emission reduction projects in developing countries and to receive credits for reductions achieved.