Clean Development Mechanism
/ˈkliːn dɪˈvɛləpmənt ˈmɛkəˌnɪzəm/
Definitions
- (n.) A mechanism under the Kyoto Protocol that allows developed countries to invest in emission reduction projects in developing countries, earning certified emission reduction credits.
The company utilized the Clean Development Mechanism to offset its carbon emissions by funding renewable energy projects abroad.
Forms
- clean development mechanism
Related terms
See also
Commentary
Often referenced in international environmental law, the term is crucial in discussions of climate change mitigation and sustainable development under the UNFCCC framework.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.