Selecting a CDM investor in China: A critical analysis

► CDM is the only Kyoto mechanism that links developed and developing countries. ► China is a dominant player in CDM markets with >47% of the world's 3929 projects. ► European countries are the major investors in CDM project in China. ► “Reputation of company” and “experience in CDM project in China” are crucial. ► An understanding of selection factors should benefit CDM host and investors.