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Max Planck Encyclopedia of Public International Law [MPEPIL]

Clean Development Mechanism

Philippe J Sands, Ilona Millar

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 16 February 2019

Subject(s):
Regional co-operation — Sustainable development — Developing countries — Regional organizations — Climate change

Published under the auspices of the Max Planck Foundation for International Peace and the Rule of Law under the direction of Rüdiger Wolfrum.

1 The Clean Development Mechanism (CDM) is one of three market-based mechanisms introduced by the Kyoto Protocol to the United Nations Framework Convention for Climate Change (adopted 10 December 1997, entered into force 16 February 2005) (‘Kyoto Protocol’). It signifies a new approach to dealing with climate change and global environmental problems ( Climate, International Protection ). 2 Developed country parties identified in Annex I of the United Nations Framework Convention for Climate Change (UNFCCC) are required by Art. 3 Kyoto Protocol to meet fixed...
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