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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, 2021. All Rights Reserved.date: 19 October 2021

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

Published under the auspices of the Max Planck Institute for Comparative Public Law and International Law under the direction of Professor Anne Peters (2021–) and Professor Rüdiger Wolfrum (2004–2020). 

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 emission...
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