Home > Terms > English, UK (UE) > Clean Development Mechanism (CDM)
Clean Development Mechanism (CDM)
A programme that enables developed countries or companies to earn credits by investing in greenhouse gas emission reduction or removal projects in developing countries. These credits can be used to offset emissions and bring the country or company below its mandatory target.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Natural environment
- Category: Climate change
- Company: BBC
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