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development mechanism
[
Global Index
]
ARTICLE-12
[
go to this ARTICLE
]
... 1. A clean
development mechanism
is hereby defined. ...
... 2. The
purpose
of the clean
development mechanism
shall be to assist
Parties
not
included
in Annex I in achieving
sustainable development
and in contributing to the ultimate
objective
of the
Convention
, and to assist
Parties
included
in Annex I in achieving
compliance
with their quantified
emission
limitation
and
reduction
commitments
under Article
3
. ...
... 3. Under the clean
development mechanism
: ...
... 4. The clean
development mechanism
shall be
subject
to the
authority
and
guidance
of the
Conference of the Parties
serving as the
meeting
of the
Parties
to this
Protocol
and be supervised by an
executive board
of the clean
development mechanism
. ...
... 4. The clean
development mechanism
shall be
subject
to the
authority
and
guidance
of the
Conference of the Parties
serving as the
meeting
of the
Parties
to this
Protocol
and be supervised by an
executive board
of the clean
development mechanism
. ...
... 6. The clean
development mechanism
shall assist in arranging
funding
of
certified project activities
as necessary. ...
... 9.
Participation
under the clean
development mechanism
,
including
in
activities
mentioned in paragraph 3(a) above and in the
acquisition
of
certified emission reductions
, may involve
private
and/or
public entities
, and is to be
subject
to whatever
guidance
may be provided by the
executive board
of the clean
development mechanism
. ...
... 9.
Participation
under the clean
development mechanism
,
including
in
activities
mentioned in paragraph 3(a) above and in the
acquisition
of
certified emission reductions
, may involve
private
and/or
public entities
, and is to be
subject
to whatever
guidance
may be provided by the
executive board
of the clean
development mechanism
. ...
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Y