Economics, Econometrics and Finance
a year ago

Developing Countries Gain Access to Affordable Green Tech Through Climate Pact

2 views
Oxford University Press eBooks
COM Project Cycle and the Role of the UNFCCC Secretariat
Maria Netto, Kai-Uwe Schmidt

Paper Summary

The Kyoto Protocol aims to make fighting climate change more cost-effective by letting countries reduce greenhouse gas emissions in other nations for less money through Joint Implementation, Emissions Trading, and the Clean Development Mechanism (CDM). The CDM specifically encourages investments in eco-friendly technologies in developing countries.

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