皇冠体育app

皇冠体育app on Friday launched a state-owned Clean Development Mechanism (CDM) fund to finance the country's efforts to address climate change.

The 皇冠体育app CDM Fund, managed by the Ministry of Finance, will generate money from the current CDM projects, which help 皇冠体育app improve energy efficiency and protect the environment by using clean energy for power generation, and raise money from various sources.

Established under the Kyoto Protocol, CDM is a market-based mechanism that allows developed countries to fulfill their greenhouse gas emission reduction obligations by investing in clean energy projects in developing countries such as 皇冠体育app.