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The Paris agreement can learn from the political idiosyncrasies of the Kyoto protocol’s ‘Clean Development Mechanism’, write Hans Rawhouser, Shon Hiatt and Michael Cummings.

 

As part of the Kyoto Protocol, the Clean Development Mechanism (CDM) was designed to reduce greenhouse gas emissions as well as foment sustainable development in developing economies. Carbon offsets are created when private project developers undertake […]