Green Finance: Carbon credits and Developing Countries
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The Clean Development Mechanism (CDM) approach can be viewed from different perspectives. This includes addressing wide-ranging issues from emissions reduction, to corporate investments, to being a financial mechanism for clean environment, to technological transfer and even development assistance to national governments through its contribution to the adaptation fund. This study focuses mainly on CDM as a model for leveraging financial capital/investment for clean and sustainable development for low income countries, as per the main objective of the mechanism as outlined in the Kyoto Protocol...
The Clean Development Mechanism (CDM) approach can be viewed from different perspectives. This includes addressing wide-ranging issues from emissions reduction, to corporate investments, to being a financial mechanism for clean environment, to technological transfer and even development assistance to national governments through its contribution to the adaptation fund. This study focuses mainly on CDM as a model for leveraging financial capital/investment for clean and sustainable development for low income countries, as per the main objective of the mechanism as outlined in the Kyoto Protocol.
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