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Legal Issues Guidebook to the Clean Development Mechanism

By Unep Ris� Centre on Energy, Climate and Sustainable Development
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This Guidebook has been drafted to assist developing country stakeholders to understand some of the key legal issues and risks involved in developing a CDM Project and selling CERs. There are obviously a broad range of developing countries and while some countries may have limited or no experience with the concepts discussed in this Guidebook others may have significant legal expertise with regards to CDM Projects. Whilst it is impossible to replace the value of practical experience with the CDM, this Guidebook endeavours to provide some guidance to developing country stakeholders with little or no experience in the CDM and to raise issues which they should consider in developing CDM Projects and transacting CERs.