The clean development mechanism and certified emission reduction credits

The clean development mechanism and certified emission reduction credits Share this: The clean development mechanism ”The Clean Development Mechanism (CDM) allows a country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol to implement an emission-reduction project in developing countries. Such projects can earn salable certified emission reduction (CER) credits, each equivalent to one […]

Carbon markets under the Paris Agreement

Carbon markets under the Paris Agreement Share this: “Under the market mechanisms of Article 6 (i.e. of The Paris Agreement), countries that exceed their emissions reduction targets would be able to sell their excess reductions as credits to other countries that have failed to meet their targets. “ (time.com) In simple words, carbon markets are […]