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Overview
Type:
International
Status:
Implemented in 2006
Administering Jurisdiction or Organization:
UNFCCC
Description
The Clean Development Mechanism (CDM) was established under the Kyoto Protocol to credit emission reductions from projects in developing countries.
Recent Developments
At COP27 further guidance was agreed on concerning the rules and processes for transitioning eligible CDM projects to the Article 6.4 Mechanism under the Paris Agreement.
Relation to Compliance Carbon Pricing Instruments or other Voluntary Schemes in the country
South Africa Carbon Tax, CORSIA
Eligible Activities
No eligible activities specified for this mechanism.
Cumulative Project Registrations
0%
Change
Change
Cumulative Issued Credits
11%
Change
Change