Clean Development Mechanism definition

Clean Development Mechanism or “CDM” means the mechanism defined as such in Article 12 of the Kyoto Protocol.
Clean Development Mechanism means a mechanism that allows emission-reduction projects in developing countries to earn certified emission reduction (CER) credits each equivalent to one tonne of CO2, which can be traded and sold, and used by industrialized countries to meet a part of their emission reduction targets under the Kyoto Protocol;
Clean Development Mechanism means a mechanism that allows emission-reduction projects in developing countries to earn Certified Emission Reduction (CER) credits each equivalent to one tonne of carbon dioxide, which can be traded or sold, or used by industrialised countries to a meet a part of their emission reduction targets under the Kyoto Protocol;

Examples of Clean Development Mechanism in a sentence

  • The projects Lenovo supports currently comply with the Clean Development Mechanism.

  • These projects are referred to as Clean Development Mechanism (“CDM”) or joint implementation projects depending on the countries where they take place.

  • If, at any time during the Term, the Plant is or becomes entitled to receive any benefits including credits under the Clean Development Mechanism ("CDM") or Renewable Energy Certificate ("REC") as and when applicable, then such benefits and associated costs shall be solely passed on to the Consumer.

  • The cooperation under this Chapter, including the implementing arrangements under Article 47, may be considered, on a case-by-case basis, as a project under the Clean Development Mechanism stipulated in Article 12 of the Kyoto Protocol to the United Nations Framework Convention on Climate Change (hereinafter referred to in this Article as “the Kyoto Protocol”).

  • In addition, the Global Carbon Project (GCP) in its report on Carbon Reductions and Offsets11 established underlying principles (or criteria) for carbon offset projects to ensure trading credibility and real atmospheric carbon reductions using the features of Clean Development Mechanism (CDM) as the benchmark.


More Definitions of Clean Development Mechanism

Clean Development Mechanism or "CDM" means the mechanism referred to in Article 12 of the Kyoto Protocol.
Clean Development Mechanism means the mechanism defined in Article 12 of the Protocol.
Clean Development Mechanism or “CDM” means the mechanism established under Article 12 of the Kyoto Protocol;
Clean Development Mechanism means a procedure under which developed countries may finance greenhouse-gas emissions-avoiding projects in developing countries in order to receive credits for doing so which they may apply towards meeting mandatory limits on their own emissions;
Clean Development Mechanism means the mechanism developed under the Kyoto Protocol to the United Nations Framework Convention for Climate Change;
Clean Development Mechanism or “CDM” means the mechanism defined in Article 12 of the Kyoto Protocol that provides for the transfer of Certified Emission Reductions from non-Annex I Countries to Annex I Countries;
Clean Development Mechanism. (“CDM”) means a mechanism established by Article 12 of the Kyoto Protocol for project-based emission reduction activities in developing countries.