Deutsche Bank in largest-ever private CDM trade

In a pioneering trade finalised in August 2006, Deutsche Bank structured and credit-wrapped the largest ever private sector syndication of a Clean Development Mechanism (CDM) project in conjunction with Climate Change Capital, an investment banking group dedicated to investment in clean energy and the low carbon economy.

Under the CDM, companies in developing countries such as China, India and Brazil that establish projects to reduce their greenhouse gas emissions can generate certified emiss