Myanmar: Cashing in on Kyoto Protocol · Global Voices
Preetam Rai

Dawn describes the revenue model of the new company she just joined.  “Our company is just a newly formed company and we focus on gaining profits through CDM (Clean Development Mechanism) projects that will reduce global warming by projects that will reduce Greenhouse Gases (GHG). It's a brand new concept that hasn't yet been employed in Myanmar, and our company plans to persuade government and private sectors to develop such projects. Then we can get Certified Emission Reductions certificate which we can sell back to Annex I countries (developed countries that have obligations to reduce emission under the Kyoto Protocol) because they might not be able to reduce emissions, and they can buy these certificates to counter the fine they'll receive.”