| 2010 Deep Research Report on China CDM Market | | | | the UNFCCC. CDM is a win-win model; this is because |
| was a professional and depth research report on | | | | CDM projects in non-priority areas can bring significant |
| China CDM Market. The purpose of the Clean | | | | profits. HFC-23 and N2O projects enjoy low costs |
| Development Mechanism (CDM) is to assist | | | | and risks while generating large amounts of CERs, |
| developing countries achieve sustainable | | | | shortening the period for investment return. |
| development, and to assist industrialized countries | | | | However, it offers little in the way of environmental |
| achieve compliance with their emission targets under | | | | benefit. Since the Chinese Government approved the |
| the Kyoto Protocol (KP) through the acquisition of | | | | Interim Regulations for CDM in June 2004, and with |
| certified emission reductions accruing from project | | | | the entry into force of the Kyoto Protocol and |
| activities. Such project activities are expected to | | | | ongoing support from donor countries in capacity |
| mobilize financial and technological resources from the | | | | building measures, China has seen a surge in CDM |
| public and private sectors in industrialized countries to | | | | activity. China is already the top destination for global |
| promote sustainable development in developing | | | | foreign direct investment and has huge potential for |
| countries, and contribute to the ultimate objective of | | | | mitigating greenhouse gases in all sectors. |