The Clean Development Mechanism allows a country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol (often, industrialised countries) to implement an emission-reduction project in developing countries. The former are hence able to buy emission reductions by achieving them in countries where it is cheaper to reduce greenhouse gas emissions – at the same times, they fund investments into clean technologies in developing countries.
The Clean Development Mechanism allows a country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol (often, industrialised countries) to implement an emission-reduction project in developing countries. The former are hence able to buy emission reductions by achieving them in countries where it is cheaper to reduce greenhouse gas emissions – at the same times, they fund investments into clean technologies in developing countries.
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