Special Report Carbon Trading - Africa CDM - Africa's green potential

Since its creation in 2005 as part of the Kyoto Protocol, the Clean Development Mechanism (CDM) has spurred the creation of 1,403 registered emissions reductions projects worldwide. Set up to allow industrialised countries to invest in emissions reduction projects in developing countries and gain Certified Emission Reductions (CERs), the CDM has been used most widely in China, which is home to 29.7% of all CDM projects. India has 28% of CDM projects, while Brazil has a 10.7% market share. But on