Clean Development Mechanism (CDM)

Established by Article 12 of the Kyoto Protocol, evolved from a Brazilian proposal, and stipulated throughout the COP 3 negotiations, the clean development mechanism (CDM) is the only of the three mechanisms introduced by the Protocol that include developing countries.

Its two fundamental objectives are to advise the Climate Change Convention Annex I countries to meet their greenhouse gases emission reduction targets at a lower cost and, at the same time, help developing countries achieve sustainability. In summary, the CDM allows the implementation of projects in countries not included in the Convention’s Annex I to remove greenhouse gases from the atmosphere, allowing for the creation of certified emission reductions (CERs), representative of credits.

The CDM is, therefore, the market instrument of the Protocol applicable to Brazil.

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See also

Parties

Parties

Refer to the countries that are part of a convention. These can be individual countries or economic blocs, such as the European Union.

Leakage or escape

Leakage or escape

It corresponds to the increase of greenhouse gas emissions that occur outside the limit of the clean development mechanism (CDM) project activity and which, at the same time, is measurable and attributable to the project activity. The leakage is deducted from the...