Future of Global Carbon Market: Phasing out CDM

Written By Nick Chee

The Clean Development Mechanism (CDM) is slowly bring phased out due to it being ineffective in reducing overall emissions . Its successor, the Sustainable Development Mechanism (SDM) adds a more significant goal of delivering an overall reduction in global emission by ensuring additionality & conservative baseline of the projects.

Nick Chee
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Carbon Emissions Today: A Growing Challenge