Barriers and Determinants of Funding Sustainable Development Projects

Barriers and Determinants of Funding Sustainable Development Projects

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Clean Development Mechanism can best be described as a series of guiding economic constructs formulated towards structured economic activity for the prime purpose of driving-down carbon emissions in order to achieve an eco-friendly environment conducive to sustainable development on a global scale. CDM facilitates the transfer of skills from Annex 1 countries to developing countries under strict economic, accounting and pro-active management principles. The short-term goal of CDM is to drive down global, toxic, carbon-emissions to such an extent, that local ecological systems have an enhanced ...