Incentivising CDM private sector investment

The Clean Development Mechanism plays a pivotal role in emissions reduction by incentivising investment in developing nations. Much effort has been put into CDM project development, but more should be done to generate additional demand for CDM certificates and other emissions reductions schemes in order to maximise private sector involvement, argues Alexander Sarac

Flourishing euro

There has been much debate over recent months, particularly following the UN climate change conference in Cancún in December 2010, about ways in which the international community can rapidly expand greenhouse gas (GHG) mitigation efforts and how the private sector needs to play a pivotal role in providing the necessary capital to do this. 

The Clean Development Mechanism (CDM) has been crucial to reducing GHG emissions and facilitating technology transfer from developed to developing countries

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