Introduction to the Clean Development Mechanism
2002
87-550-386-6
The Clean Development Mechanism (CDM), a cooperative mechanism established under the Kyoto Protocol, has the potential to assist developing countries in achieving sustainable development by promoting environmentally friendly investment from industrialized country governments and businesses*. This document provides an overview of the CDMs background, structure, and project cycle, and examines the potential value and benefits for participating developing countries. The document also suggests steps for developing a national CDM strategy and provides examples of CDM projects. While the basic rules have been established, the CDM is a work in progress by participating governments. This document presents the latest available information and will be updated in the future to reflect important changes. [Introduction]
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