For Yomaira J.
Martinó
reading the title of this article, many could infer that refers to a capital market more ethical and transparent than the current, however it refers to a market environment that arises from the exchange of carbon credits under the so-called "clean development mechanism (CDM).
This concept arose with the adoption of the Kyoto Protocol, in the town of that name in 1997, within the framework of the UN Convention on Climate Change, held in Rio de Janeiro in June 1992. Kyoto
promotes the reduction of emissions of greenhouse gases (GHG) emissions, which cause the phenomenon of global warming or climate change also called "Greenhouse gases" in the U.S.. Within these gases include carbon dioxide, methane, nitrous oxide, hidrofluorocarnonos, perfluorocarbons and sulfur hexafluoride.
The goal was raised at that time directed their efforts to reduce GHG emissions in 2008-2012 to 5% below the 1990 emissions. Through the creation of a carbon credit trading between the industrialized and developing countries.
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