How Much Sustainable Development Can We Expect From The Clean Development Mechanism
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Author | : Duncan Austin |
Publisher | : |
Total Pages | : 20 |
Release | : 1999 |
Genre | : Business & Economics |
ISBN | : |
An examination of the degree to which Cleaner Development Mechanism (CDM) projects will be able to meet development priorities in Brazil, China and India, as they act to reduce global greenhouse gas emissions. The evidence suggests that it will provide many sustainable development benefits.
Author | : Ariel Dinar |
Publisher | : World Scientific |
Total Pages | : 321 |
Release | : 2013-03-25 |
Genre | : Business & Economics |
ISBN | : 9814401110 |
Following the Earth Summit in Rio de Janeiro in 1992, countries took up the difficult task of finding a common approach that would slow down the build-up of greenhouse gas emissions in the atmosphere and delay changes to the planet's climate. A widespread concern among many of the participants in the newly formed United Nations Framework Convention on Climate Change was that the emission reductions needed to significantly affect climate change would cost so much that it could jeopardize the chances of a coordinated international solution. To address this concern, several flexible mechanisms were designed, including the CDM.While many applaud the CDM, others are concerned with its performance and achievements, and whether or not it will be continued beyond 2012. Critics argue, among other things, that it has not delivered on the sustainable development objective for which it was established and that projects are unevenly distributed, both geographically and sectorally.Much analysis is available on CDM, but very little comprehensive analysis, addressing various aspects of CDM is available. With a major decision for its continuation, a multi-dimensional analysis would be needed. This book is about the economic assessment of certain (not certain) CDM performances, and its future sustainability and trajectory.
Author | : Ariel Dinar |
Publisher | : World Scientific |
Total Pages | : 321 |
Release | : 2013 |
Genre | : Business & Economics |
ISBN | : 9814401102 |
Following the Earth Summit in Rio de Janeiro in 1992, countries took up the difficult task of finding a common approach that would slow down the build-up of greenhouse gas emissions in the atmosphere and delay changes to the planet''s climate. A widespread concern among many of the participants in the newly formed United Nations Framework Convention on Climate Change was that the emission reductions needed to significantly affect climate change would cost so much that it could jeopardize the chances of a coordinated international solution. To address this concern, several flexible mechanisms were designed, including the CDM.While many applaud the CDM, others are concerned with its performance and achievements, and whether or not it will be continued beyond 2012. Critics argue, among other things, that it has not delivered on the sustainable development objective for which it was established and that projects are unevenly distributed, both geographically and sectorally.Much analysis is available on CDM, but very little comprehensive analysis, addressing various aspects of CDM is available. With a major decision for its continuation, a multi-dimensional analysis would be needed. This book is about the economic assessment of certain (not certain) CDM performances, and its future sustainability and trajectory.
Author | : Nora Nabil El-Baba |
Publisher | : |
Total Pages | : 130 |
Release | : 2008 |
Genre | : United Nations Framework Convention on Climate Change |
ISBN | : |
Climate change and what can be done to mitigate it, as well as the sustainable d evelopment are all topics on the top of the World's agenda. One of the mechanism s of the Kyoto Protocol, the Clean Development Mechanism is part of the global c arbon market and promises to achieve a double fold goal; emission reduction and sustainable development. In this project, I start with an overview about the Kyoto Protocol and the Cl ean Development Mechanism, how it works and its objectives. After I examine the literature about the efficiency of the CDM projects in the third chapter, I move to the empirical work in the forth. Measuring the efficiency of the CDM project s, by comparing the number of the Certified Emission Reductions issued to the fo recasted, indicates a huge diversity among countries and projects. There appears to be an overestimation of the CERs in order to attract foreign investors. More over, I find that the top polluters are countries with the highest GDP and popul ation, the result that matches the literature. However, the likelihood of a coun try to host a CDM project does not appear to be its poverty or its need. The maj or determinant of a country to host a CDM project appears to be its Gross Capita l Formation. This result contradicts the main goal of the CDM which is the susta inable development of the Least Developed World.
Author | : |
Publisher | : |
Total Pages | : 13 |
Release | : 1999 |
Genre | : |
ISBN | : |
This paper addresses the political acceptability and workability of CDM by and in developing countries. At COP-3 in Kyoto in 1997, the general position among developing countries changed from strong rejection of joint implementation to acceptance of CDM. The outgrowth of CDM from a proposal from Brazil to establish a Clean Development Fund gave developing countries a sense of ownership of the idea. More importantly, establishing support for sustainable development as a main goal for CDM overcame the resistance of many developing countries to accept a carbon trading mechanism. The official acceptance of CDM is not a guarantee of continued acceptance, however. Many developing countries expect CDM to facilitate a substantial transfer of technology and other resources to support economic growth. There is concern that Annex I countries may shift official development assistance into CDM in order to gain carbon credits, and that development priorities could suffer as a result. Some fear that private investments could be skewed toward projects that yield carbon credits. Developing country governments are wary regarding the strong role of the private sector envisioned for CDM. Increasing the awareness and capacity of the private sector in developing countries to initiate and implement CDM projects needs to be a high priority. While private sector partnerships will be the main vehicle for resource transfer in CDM, developing country governments want to play a strong role in overseeing and guiding the process so that it best serves their development goals. Most countries feel that establishment of criteria for sustainable development should be left to individual countries. A key issue is how CDM can best support the strengthening of local capacity to sustain and replicate projects that serve both climate change mitigation and sustainable development objectives. There is support among developing countries for commencing CDM as soon as possible. Since official commencement must await the entry into force of the Kyoto Protocol, many developing countries support the establishment of an Interim Phase starting in 2000, with possible retroactive crediting once the Protocol enters into force.
Author | : Timothy Cadman |
Publisher | : Edward Elgar Publishing |
Total Pages | : 271 |
Release | : 2015-11-27 |
Genre | : Business & Economics |
ISBN | : 178347484X |
Since the Rio ‘Earth’ Summit of 1992, sustainable development has become the major policy response to tackling global environmental degradation, from climate change to loss of biodiversity and deforestation. Market instruments such as emissions trading, payments for ecosystem services and timber certification have become the main mechanisms for financing the sustainable management of the earth’s natural resources. Yet how effective are they – and do they help the planet and developing countries, or merely uphold the economic status quo? This book investigates these important questions. Providing a comprehensive analysis and the latest research on sustainable development, the authors compare the divergent approaches to emissions trading. Included is a detailed investigation into illegal logging and the effectiveness of policy responses, with an evaluation of different forest certification schemes. Biodiversity offsets and environmental payments are also explored. Integral to the book are interviews and opinions of the key stakeholders in the political economy of sustainable development. This uniquely comprehensive analysis of the governance quality of different sustainable development mechanisms, unprecedented in its panorama of comparative case studies, is essential reading for all those in the policy, academic and non-governmental communities.
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 137 |
Release | : 2021-11-01 |
Genre | : Science |
ISBN | : 9292690973 |
This publication provides insights on deliberations regarding the Clean Development Mechanism (CDM) transition and implications for Asia and the Pacific. With the Article 6 Rulebook expected to be finalized at the 26th Conference of Parties in Glasgow, the Asian Development Bank hopes this publication can increase knowledge and understanding of the CDM transition along with its relevance to economies in the region. It is also intended to help stakeholders from Asia and the Pacific become better prepared to contribute to the finalization of the Article 6 Rulebook and move toward operationalizing Article 6 of the Paris Agreement.
Author | : Louise Aukland |
Publisher | : IIED |
Total Pages | : 52 |
Release | : 2002 |
Genre | : Environmental protection |
ISBN | : 9781843691921 |
Author | : José Goldemberg |
Publisher | : UN |
Total Pages | : 196 |
Release | : 1998 |
Genre | : Political Science |
ISBN | : |
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 166 |
Release | : 2016-06-01 |
Genre | : Business & Economics |
ISBN | : 9292574000 |
The Clean Development Mechanism (CDM), a market mechanism under the Kyoto Protocol, has been successful in supporting mitigation actions through carbon inance. With nearly 7,700 projects and 290 Program of Activities registered by the CDM Executive Board, the CDM allows GHG emission reduction projects in developing countries to generate Certiied Emission Reductions which can be used to ofset mandatory or voluntary emission reduction targets. It however requires a robust monitoring, reporting, and veriication (MRV) to ensure social and environmental integrity of such projects and the emissions reductions thereof. This MRV manual is intended to assist CDM project developers in understanding and managing the MRV requirements and process of their CDM projects in a simple step-by-step manner with the help of real examples and practical tips. While this MRV manual has been developed primarily to assist CDM project developers, it also aspires to be of help for projects participating in other existing and emerging market mechanisms. These may include bilateral mechanisms; voluntary carbon markets; regional, national, and subnational carbon markets; and any of the cooperative approaches and new market mechanism for the post-2020 carbon markets consequent to the Paris Agreement adopted at COP21 in December 2015. As carbon markets in the region evolve beyond CDM, there is a strong need to maintain and further build institutional capacities to ensure growth and enhanced efectivity of carbon markets---and this MRV manual is an efort in that direction.