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TeachMeFinance.com - explain Clean Development Mechanism (CDM) Clean Development Mechanism (CDM) The term 'Clean Development Mechanism (CDM)' as it applies to the area of energy can be defined as ' A Kyoto Protocol program that enables industrialized countries to finance emissions-avoiding projects in developing countries and receive credit for reductions achieved against their own emissions limitation targets. Also see Kyoto Protocol'. Previous 5 Terms: clay Clay size Clayton Act CLD Clean Air Act Next 5 Terms: Clean Water Act Clean Water Act Cleanup system Clear Air Turbulence clear cutting About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.