Developing Countries Earn Emission Reduction Credits to Help Industrialized Nations Meet Climate Targets
The Clean Development Mechanism (CDM) is part of global efforts to reduce greenhouse gas emissions. Developing countries generate carbon credits, called CERs, which are used by developed countries to meet emission reduction goals. Even though the Kyoto Protocol ended in 2012, commitments were extended to 2020. The CDM helps countries work together to tackle climate change.