Clean Development Mechanism definition
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.