C is for unclean
The only tool under the Kyoto Protocol to pay for the transition to clean-energy technologies in developing countries is the Clean Development Mechanism ( cdm). This was designed with two explicit purposes: to assist developing countries achieve sustainable development and to assist industrialized countries meet emission reduction targets. Therefore, in the global balance sheet of carbon accounting, industrialized countries and their companies can pay the additional cost of clean technology to developing countries and get carbon reduction credits.
The size
By November 2007, the total cdm portfolio
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