Promoting Renewable Energy: Industrial Firm

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credit note for CO2 certification

Industrial firm Annex 1 country (industrialized country)

Credit for carbon certificates CDM Executive Board registers projects and certificates

invests in wind power

Wind power project in non-Annex 1 country (developing countries)

offsets fossil power

Figure 11.17 How the Clean Development Mechanism works: An example


Source: The authors

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