Clean Development Mechanism
E450411
United Nations climate mechanism
flexible mechanism under the Kyoto Protocol
market-based climate policy instrument
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.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United Nations climate mechanism
ⓘ
flexible mechanism under the Kyoto Protocol ⓘ market-based climate policy instrument ⓘ |
| abbreviation | CDM NERFINISHED ⓘ |
| administeredBy |
UNFCCC Secretariat
NERFINISHED
ⓘ
United Nations Framework Convention on Climate Change NERFINISHED ⓘ |
| 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 NERFINISHED ⓘ |
| creditAcronym | CER NERFINISHED ⓘ |
| creditsUse | compliance with Kyoto Protocol emission reduction commitments ⓘ |
| creditUnitName | Certified Emission Reduction NERFINISHED ⓘ |
| 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 NERFINISHED ⓘ |
| geographicalScope | global ⓘ |
| governedBy | CDM Executive Board NERFINISHED ⓘ |
| hasComponent | Programmes of Activities ⓘ |
| hostCountries | developing countries ⓘ |
| investorCountries | Annex I Parties to the Kyoto Protocol NERFINISHED ⓘ |
| involves | Designated National Authorities in host countries ⓘ |
| language | English official name: Clean Development Mechanism NERFINISHED ⓘ |
| legalBasis | Article 12 of the Kyoto Protocol ⓘ |
| partOf | Kyoto Protocol NERFINISHED ⓘ |
| 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
NERFINISHED
ⓘ
Joint Implementation NERFINISHED ⓘ |
| 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 NERFINISHED ⓘ |
| 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 ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.