Clean Development Mechanism (CDM)

The UNFCCC is proud to announce that the one billionth certified emission reduction (CER) credit under the Kyoto Protocol's Clean Development Mechanism (CDM) will be issued today, marking an impressive milestone for the world's leading greenhouse gas offset mechanism. The CER will be issued to a project at a manufacturing plant in India that has switched its fuel source from coal and oil to locally gathered biomass.

"This exciting milestone is a testament to the expanding use of the CDM," said UNFCCC Executive Secretary Christiana Figueres. "The CDM is not only having an important impact on developing countries through technology transfer and sustainable development, but it can also encourage developed countries to increase their emission reduction targets by making mitigation more affordable."

For more information, please visit:
https://cdm.unfccc.int/press/index_html