Beijing, China (January 07, 2010) \/ChinaNewswire.com\/ — The Clean Development Mechanism is on the minds of many businesspeople and government leaders and the CDM World Summit will take place on March 25-26, 2010, in Beijing to help explore the opportunities in CDM. The event is expected to attract over 150 senior executives from around the globe.<\/p>\n
The Clean Development Mechanism is an arrangement under the Kyoto Protocol allowing industrialized countries with a greenhouse gas reduction commitment to invest in ventures that reduce emissions in developing countries as an alternative to more expensive emission reductions in their own countries. The Copenhagen Accord confirms the continuity of CDM scheme, yet many issues like CDM reformation are left unanswered. The whole industry awaits another chance to digest the Accord and discuss about the future strategy. <\/p>\n
The summit features high-profile speakers, insightful contents and senior government officials from China and around the world. In a word, this is an important and strategic summit instead of a trading-oriented conference.<\/p>\n
Key countries involved in CDM market will send senior representatives to the summit to share their views and experiences. In particular, Ms. Yoshiko Kijima, the Senior Negotiator for Climate Change, Foreign Affairs Ministry of Japan, will take a strategic perspective to elaborate the future of climate change negotiations and Japan's position. <\/p>\n