Introduction

After the Kyoto Protocol's entry into force in 2005, the Clean Development Mechanism (hereinafter referred to as "CDM") has made phenomenal progress in China. 2785 CDM projects covering a variety of fields including renewable energy, recovery and use of methane, and waste heat, etc., have boosted the development of agriculture, construction industry, energy, forestry, chemical engineering industry, transportation, waste disposal industry, and so on. Nevertheless, China's CDM is still in its initial stage, and its corresponding legislation and regulations need to improve. The ...