The Clean development mechanism (CDM)
The CDM is one of the "flexibility mechanisms" introduced by the United Nations Framework Convention on Climate Change (UNFCCC) in the context of the Kyoto Protocol in 1997. The mechanisms are designed to provide a financial incentive for projects to reduce greenhouse gas emissions in developing countries.
The four CDMs registered by Lafarge enable a total reduction of more than 170,000 tons of CO2 per year, representing a benefit equivalent to 10.6 million trees being planted annually. These mechanisms are part of the initiatives undertaken by Lafarge to cut its overall CO2 emissions. The Group is fighting climate change at various levels:
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