In the context of CO2 emission and Global Warming what is the name of a market driven device u...........

Environment and Ecology Air Pollution

In the context of CO2 emission and Global Warming, what is the name of a market driven device under the UNFCCC that allows developing countries to get funds/incentives from the developed countries to adopt better technologies that reduce greenhouse gases

Carbon Footprint

Carbon Credit Rating

Clean Development Mechanism

Emission Reduction Norm

छोटे Courses बड़े Results

Master Air Pollution

Prepare through Micro-courses

Try Now

Explanation:

The Clean Development Mechanism (CDM), defined in Article 12 of the Protocol, allows a country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol (Annex B Party) to implement an emission-reduction project in developing countries. Such projects can earn saleable certified emission reduction (CER) credits, each equivalent to one tonne of CO2, which can be counted towards meeting Kyoto targets.