CLEAN DEVELOPMENT MECHANISM (CDM) MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 to 2031)

Name: Clean Development Mechanism (CDM) Market News
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: Clean Development Mechanism (CDM) Market Size, Clean Development Mechanism (CDM) Market Share, Clean Development Mechanism (CDM) Market Trends, Clean Development Mechanism (CDM) Market Growth, Clean Development Mechanism (CDM) Market Analysis, Clean Development Mechanism (CDM) Market Forecast, Clean Development Mechanism (CDM) Market Report, Clean Development Mechanism (CDM) Industry Report

Clean Development Mechanism (CDM) Market, By Project Type (Renewable Energy , Energy Efficiency, Reforestation, and Others), By Project Scale (Large-scale and Small-scale), By End-use Industry (Power and Energy , Manufacturing, Waste Management, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Aug 2024
Code : CMI7253
Pages :170
Formats :
Excel and PDF
Industry : Information and Communication Technology

Key Developments

In March 2024, the Clean Development Mechanism (CDM) under the Kyoto Protocol, recognized as the world's first international carbon finance scheme, allows companies to acquire tradeable certified emission reduction credits by investing in energy conservation and renewable energy projects in developing countries. Despite its initial success, the mechanism faced a collapse during the 'carbon panic' of 2012. This analysis examines the reasons behind the CDM's downfall and its implications for negotiations surrounding the Paris Agreement. Although the mechanism has seen a revival due to renewed interest from the U.S. and developing nations, the structural vulnerabilities of carbon financing persist, making it susceptible to future panics.