CLEAN DEVELOPMENT MECHANISM (CDM) MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 to 2031)
The Clean Development Mechanism (CDM) was established under Article 12 of the Kyoto Protocol. It allows emission-reduction projects in developing countries to earn certified emission reduction (CER) credits, each equivalent to one ton of CO2. These CERs can be traded and sold, and used by industrialized countries to meet a part of their emission reduction targets under the Kyoto Protocol. The CDM is aimed at sustainable development and emission reductions, while giving industrialized countries some flexibility in how they meet their emission targets.
Market Dynamics:
The Clean Development Mechanism (CDM) market is driven by strong demand from developed countries looking to meet their emission targets in a cost-effective manner. However, regulatory uncertainty relating to rules governing international carbon trading post-2020 act as a restraint. Opportunities lie in linking the CDM with domestic carbon markets in major economies like China and India. Issues around additionality and sustainable development continue to challenge the market. Nevertheless, the CDM remains an important mechanism for technology transfer to developing nations.
Key Features of the Study:
- This report provides in-depth analysis of the global Clean Development Mechanism (CDM) market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global Clean Development Mechanism (CDM) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include World Bank, Gold Standard Foundation, Verra, EcoSecurities, SouthSouthNorth, ClimateCare, Carbon Trust, Deloitte, Ernst & Young (EY), KPMG, PwC (PricewaterhouseCoopers), Natural Capital Partners, Sustainable Development Solutions Network (SDSN), and International Emissions Trading Association (IETA)
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global Clean Development Mechanism (CDM) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Clean Development Mechanism (CDM) market
Detailed Segmentation-
Table of Contents
*Browse 32 market data tables and 28 figures on 'Global Clean Development Mechanism (CDM) Market' - Global forecast to 2031
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