The 2006 Presidential Decree on Measures on the Realization of Investment Projects in the Framework of the Interdepartmental Council on the Clean Development Mechanism of the Kyoto Protocol provides the institutional and legal framew'ork for the implementation of the Clean Development Mechanism (CDM) in Uzbekistan. The Resolution established the Interdepartmental Council and its functions in overseeing the overall mechanism. It also clarified the functions of the designated national authority on the preparation of projects, the processes for submitting approved projects to the Interdepartmental Council and, following its approval, to the UNFCCC Executive Board, and the provisions on monitoring the implementation of investment plans. Lastly, the Resolution regulated the investment and taxation regime concerning foreign investors (profits exempt from taxation).