How to identify Emerging Business Opportunities in Projects under the Clean Development Mechanism (CDM) ?
Carbon credits are proof of having reduced one metric tonne of CO2-equivalentEmission reduction targets are decided under the Kyoto Protocol.Projects should result in a reduction of greenhouse gas emissions.
The Clean Development Mechanism strives to combine the different interests of developed and developing nations, all the while respecting the effort of global climate protection.
Developed countries have the potential to gain greenhouse gas emission credits at costs significantly lower than taking domestic action, while developing countries gain access to new energy technologies and an implicit transfer of know-how.
As long as bureaucratic complications in the verification, validation and crediting process do not weigh down the process, the CDM has the potential to make a significant contribution to greenhouse gas reduction efforts and sustainable development.
Click to Read details on how to earn Carbon Credits !