A Legal Analysis of China's Clean Development Mechanism (CDM) Supervision: A Loosely Defined Law and the Reality of Government Intervention
Article from: OGEL 1 (2008), in China Energy Law and Policy
Introduction
Article 12 of the Kyoto Protocol has established a Clean Development Mechanism (CDM) in order to assist developing countries to achieve sustainable development and to facilitate the achievement of the ultimate objectives in the Framework Convention on Climate Change. It also aims to help developed countries to keep to their commitments to obtain quantitative restrictions and greenhouse gas emissions reduction whilst allowing developed countries to obtain certified greenhouse gas emission reductions generated from projects carried out jointly with the developing countries.[1] There ...