Investors profit from cdmprojects by obtaining reductions at costs lower than in their own countries,
The gains to the developing country host parties are in the form of finance, technology, and sustainable development benefits.
The cdmenables the parties to meet their reduction commitments in a flexible and cost-effective manner.
It allows public or private sector entities in annex icountries to invest in ghgmitigation projects in developing countries.
In return the investing parties receive credits or certified emission reductions (cers) which they can use to meet their targets under the kyotoprotocol.
