Clean Development Mechanism

E450411

The Clean Development Mechanism is a United Nations climate policy tool under the Kyoto Protocol that allows industrialized countries to fund emission-reduction projects in developing nations and earn carbon credits in return.

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Statements (48)

Predicate Object
instanceOf United Nations climate mechanism
flexible mechanism under the Kyoto Protocol
market-based climate policy instrument
abbreviation CDM
administeredBy UNFCCC Secretariat
United Nations Framework Convention on Climate Change
adoptedIn 1997
aimsTo encourage technology transfer to developing countries
allows generation of certified emission reductions
industrialized countries to finance emission-reduction projects in developing countries
CERsAreMeasuredIn tonnes of CO2 equivalent
COPBodyName CMP
creditAcronym CER
creditsUse compliance with Kyoto Protocol emission reduction commitments
creditUnitName Certified Emission Reduction
criticizedFor complex and lengthy project approval procedures
environmental integrity concerns
uneven geographical distribution of projects
enteredIntoForce 2005
establishedBy Parties to the UNFCCC under the Kyoto Protocol
geographicalScope global
governedBy CDM Executive Board
hasComponent Programmes of Activities
hostCountries developing countries
investorCountries Annex I Parties to the Kyoto Protocol
involves Designated National Authorities in host countries
language English official name: Clean Development Mechanism
legalBasis Article 12 of the Kyoto Protocol
partOf Kyoto Protocol
policyType cap-and-trade related mechanism
produces Certified Emission Reductions
purpose to assist developed countries in meeting their greenhouse gas emission reduction commitments
to promote sustainable development in developing countries
to reduce global greenhouse gas emissions cost-effectively
relatedTo International Emissions Trading
Joint Implementation
requires demonstration of additionality
established baseline emissions scenario
monitoring and verification of emission reductions
statusUnderParisAgreement subject to transition discussions to Article 6 mechanisms
supervisedBy Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol
typeOfProjects afforestation and reforestation projects
energy efficiency projects
industrial gas destruction projects
methane capture projects
renewable energy projects
waste management projects
uses Designated Operational Entities for validation and verification

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Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

Marrakesh Accords regulates Clean Development Mechanism
Joint Implementation isSimilarTo Clean Development Mechanism
International Emissions Trading complements Clean Development Mechanism
Clean Development Mechanism language English official name: Clean Development Mechanism
linked to: Clean Development Mechanism
Annex B of the Kyoto Protocol associatedWithMechanism Clean Development Mechanism
Certified Emission Reduction createdUnder Clean Development Mechanism
subject linked to: CER