Clean Development Mechanism Articles
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Securitising risk and the clean development mechanism
Delivery risk is central to pricing carbon offsets, but has been the focus of limited attention in the carbon markets. At the same time, remote regions and promising technologies – desperate for investment – have been underserved by the carbon markets. This paper proposes that the current policy objectives and functions of the Clean Development Mechanism (CDM) be expanded to include arrangements ...
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Governance reform of the clean development mechanism after Poznan
The Kyoto Protocol’s Clean Development Mechanism (CDM) has proven to be a very successful instrument, which is remarkable considering the fact that the climate change regime had no such global market mechanism or market experience just over seven years ago. Now it has become established and has engaged stakeholders, and there has been increased scrutiny of its governance structures and ...
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Improving the Clean Development Mechanism Post-2012: A Developing Country Perspective
In this article, we assess the future prospects of the Clean Development Mechanism (CDM) from the perspective of a developing country, drawing on Vietnam as a case study. First, we review the performance of the CDM and describe the evolution of carbon markets on the path towards a post-2012 climate regime. Next, we place Vietnam in a post-2012 context, and assess potential project resources, ...
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Effectiveness of subsidies for the Clean Development Mechanism: Past experiences with capacity building in Africa and LDCs
Given the lack of Clean Development Mechanism (CDM) activities in least developed countries (LDCs), subsidies for CDM projects have been suggested as a remedy. To date, subsidies spent in the CDM context have been limited to capacity building. Donor agencies have provided close to EUR45 million for awareness raising, institutional capacity building and project development in Africa and LDCs over ...
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Social and economic aspects of CDM options in Brazil
This study is devoted to analysing the social and economic aspects of the Brazilian options for projects under the Clean Development Mechanism (CDM) created under the Kyoto Protocol. If, on one hand, the CDM may, theoretically, be an efficient instrument to minimise global control costs of GHG emissions, on the other it will not, necessarily, maximise the welfare of the countries where these ...
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The impact of clean development mechanism in achieving sustainable development
The flexible mechanism of the Kyoto Protocol, the clean development mechanism (CDM), should fulfil a twin objective: cost-effective greenhouse gas mitigation and enhancement of sustainable development in developing countries. As most host CDM countries have not established the proper institutional capacity to approve CDM projects and, at the same time, are prerogative to define sustainable ...
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An appellate body for the clean development mechanism: A due process requirement
With thousands of projects in the pipeline and about 1.5 billion carbon credits to be generated by 2012, the Clean Development Mechanism (CDM) has become a socio-economic order of scale that involves international institutions, governments and private entities worldwide. The concept of mobilizing investment in low carbon technology in developing countries in exchange for cost-efficient Certified ...
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CDM sustainable technology transfer grounded in participatory in-country processes in Israel
The complexities related to the clean development mechanism (CDM) are considered quite high and only a relatively low percentage of the existing potential has been exploited in the developing world. In addition, the present situation indicates that CDM with its strong focus on greenhouse gases abatement has a tendency to lead to ad hoc investments without including technology transfer and a clear ...
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Clean Development Mechanism (CDM) project in Ecuador
Type HOFGAS®-Ready/C 2000 Performance 2,000 Nm³/h, 10,000 kW Location Zambiza (EC) Situation The landfill is located near Quito, the capital of Ecuador. Since 1979 five million tonnes of domestic refuse has been deposited. After successful degassing trials, it was established that the refuse site has ideal conditions for emission trading. As part of the Kyoto Protocol, Green Gas ...
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A general equilibrium analysis of demand side management programs under the clean development mechanism of the Kyoto protocol
This paper analyzes the economic and environmental consequences of a potential demand side management program in Thailand using a general equilibrium model. The program considers replacement of less efficient electrical appliances in the household sector with more efficient counterparts. The study further examines changes in the economic and environmental effects of the program if it is ...
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Environmental transfers against global warming: a credit-based program
This paper investigates the impacts of institutionalising a credit-based transfer program between developing and developed countries. Such a program is expected to become an essence of the Clean Development Mechanism in the Kyoto protocol. The provisions of financial and technological transfers are incorporated simultaneously into a dynamic game model of global stock pollution, where the ...
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A comparative analysis of the `development dividend' of Clean Development Mechanism projects in six host countries
Reform of the Clean Development Mechanism (CDM) is a key issue in advancing the objectives of the Kyoto Protocol. The CDM was created with the mutual objectives of providing cost-effective abatement opportunities for industrialized countries and to advance sustainable development in developing countries. Current literature, however, suggests that the CDM is failing to deliver on its promise of a ...
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Hi Newsletter Volume.1 Issue.1
Headlining August 2010: 1- Petro Chemical In Brief: - To Lift Egypt's Stats As A Global Producer 2 - The New Suez Industrial Zone: - The Gulf of Suez Gas Liquids Plant Project - Supply of Future Petrochemical Projects - Another, Greenfield anhydrous ammonia plant in the Area? 3- Clean Development Mechanism: - APPROVED CDM PROJECTS & More..... 4- In The Thoughtful Making: - ...
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Benefits and barriers to the implementation of renewable electricity clean development projects: the case of the south Mediterranean basin
This paper shows how Clean Development Mechanism (CDM) projects in renewable electricity (RE-CDM projects) may contribute to the sustainability of South and East Mediterranean Countries (SEMCs). It also shows that several factors make the implementation of these projects difficult, including the relatively weaker CDM institutional capacity of SEMCs. Therefore, countries in this region should ...
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Evaluating the economic, ecological and sustainable feasibility of projects under the clean development mechanism: a case study from sub–Saharan Africa
The Clean Development Mechanism (CDM), introduced under the Kyoto Protocol, serves a twofold objective: the reduction of Greenhouse Gases and the promotion of sustainable development in emerging countries. This article addresses this critical issue by analysing a project currently seeking CDM status and assessing its impact on these dual aims, while simultaneously evaluating the successful ...
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Carbon capture and storage under the clean development mechanism – An overview of regulatory challenges
The safe and secure deployment of Carbon Capture and Storage in developing countries could be a way to reconcile their economic development with the objective of climate change mitigation. The Clean Development Mechanism could provide the required additional financial incentive to enable the implementation of CCS projects. However, the inclusion of this technology in the CDM faces important ...
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Climate actions
The Cement Sustainability Initiative's (CSI) “Climate Actions” publication details the results of industry efforts to address major sustainability challenges. These include: a sector-specific CO2 Accounting and Reporting Protocol, a global database of cement plant energy and emissions performance, a new approach to the Clean Development Mechanism, and ways in which the cement industry could be a ...
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On the potential of flexible instruments under the Kyoto Protocol
This paper analyses the potential market for project-based international cooperation within the framework of the Kyoto Protocol. With the help of existing cost data, it is shown that the scope for cost savings by using the project-based flexible instruments of the Protocol is considerable, and that a multi-billion dollar carbon credit market can emerge.Keywords: clean development mechanism, ...
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The “Legitimate Expectations” of investors and the CDM: Balancing public goods and private rights under the climate change regime
The Kyoto Protocol’s Clean Development Mechanism raises novel questions about the law of international organizations, international investment law, and global administrative law. This note questions whether the CDM has created legal rights for private legal entities with an interest in CDM Executive Board decisions, and whether these entities should have the means to enforce these right vis-à-vis ...
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Sustainable energy technology transfers through the CDM? Application of participatory approaches for decision making facilitation
The two big challenges for this century are world poverty and climate change. The clean development mechanism (CDM) has the potential to address both, through integrated programmes that will be in compliance with the needs and objectives of the host countries. Actual practice shows that CDM technology transfer is focused on reducing emissions at the lowest possible cost and less on the ...
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