Abstract

Kyoto Protocol, which was adopted in December 1997, ratified by Russia in November 2004, has been effective since February 2005.In Kyoto Protocol, the epoch-making Mechanism called Kyoto Mechanism to control six types of greenhouse gases has been incorporated in order to prevent global warming.Up to now, many types of emission reduction projects to create carbon credits have been considered and developed in the world, among those projects, the most typical projects called CDM projects are forecasted and general framework of the CDM such as rules, procedures, type of projects etc. are explained in this presentation.In addition to the abovementioned topics, activities of Mitsui & Co., Ltd. regarding carbon credit business are also explained. Some of ongoing CDM projects developed by Mitsui & Co., Ltd are introduced in the presentation.

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