What is Carbon Trading: Part Three – Clean Development Mechanism
What is Carbon Trading: Part Three – Clean Development Mechanism
- 2023-09-08
In the operation principle of the Clean Development Mechanism (CDM), developed countries with emission reduction commitments provide advanced environmental technologies to establish greenhouse gas reduction projects. The emission reduction credits specifically for the Clean Development Mechanism, known as CER (Certified Emission Reduction), represent one ton of equivalent carbon dioxide emission reduction per unit.