Author: Ariel Dinar
Publisher: World Scientific
ISBN: 9814401110
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
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: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292690973
Category : Science
Languages : en
Pages : 137
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Book Description
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: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292574000
Category : Business & Economics
Languages : en
Pages : 166
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Book Description
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.
Author: Ariel Dinar
Publisher: World Scientific
ISBN: 9814401102
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
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:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
The concept of additionality has also been embedded in a set of guidelines, and effectively used since 2004.2 However, the Clean Development Mechanism is not providing the sustainable development benefits expected, and the rate at which projects are developed and approved is not sufficient to meet the growing demand for international credits from Annex 1 countries. [...] It is generally agreed now that the only projects and programs that can provide the volume of CERs needed in the required time frame are those of medium- and small-scale that can be implemented quickly, such as energy efficiency, small-scale renewable energy and waste processing.3 It is of particular concern that until now, the majority of the larger CDM projects have involved technologies that do [...] Summary of Recommendations The Pembina Institute believes that at the Montreal Climate Change Conference (the Conference of the Parties, or COP 11), the Parties should advocate that the following changes be made to strengthen the CDM so that it can deliver on its twin objectives of GHG reduction and sustainable development in a timely manner:. [...] Changes to the CDM Itself Expand resources and support for the Executive Board While the Executive Board must continue to be the body that reports to the United Nations Framework Convention on Climate Change (UNFCCC) on the Clean Development Mechanism, the financial and professional resources provided to the Board must be significantly increased. [...] The structure of the Board should be changed so that a permanent professional body or secretariat reporting to the Board is responsible for the day-to-day operation of the CDM.
Author: Duncan Austin
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 20
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Book Description
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: Farhana Yamin
Publisher: Earthscan
ISBN: 1849770786
Category : Political Science
Languages : en
Pages : 466
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Book Description
Climate change is an environmental problem of unprecedented complexity, not just in terms of its physical, social, economic and political impacts, but particularly in terms of the range of policy instruments being designed by countries to reduce greenhouse gas emissions. Climate Change and Carbon Markets aims to provide an accessible and practical guide to cutting edge market-based mechanisms which will reduce greenhouse gas emissions. This book is a guide for national and international policy-makers and industry professionals, who need to understand the carbon markets established pursuant to the Kyoto Protocol, one of the most complex agreements ever negotiated. The book sets out how carbon markets will function by explaining the rules, institutions and procedures of the Kyoto mechanisms, including: emissions trading, joint implementation (JI) and the Clean Development Mechanism (CDM). It also provides an in-depth explanation of the EU Emissions Allowance Trading Scheme, emerging mechanisms in the US and developing countries, and how these will link up. For policy-makers, researchers and scholars; industry practitioners, companies, market service providers, technical and legal consultants, NGOs and all stakeholder organizations engaged in the Kyoto markets, this is the authoritative and comprehensive practical guide to this rapidly evolving area. Contains the full text of the key European Union documents setting up the EU Emissions Allowance Trading Scheme and the Linking Directive.
Author: Louise Aukland
Publisher: IIED
ISBN: 9781843691921
Category : Environmental protection
Languages : en
Pages : 52
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Book Description
Author: Finn Tarp
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
One of the dual objectives of the Clean Development Mechanism (CDM) of the Kyoto Protocol is to assist host countries in achieving sustainable development. With various CDM indicators for 58 CDM host countries over the period 2005-2010, this paper empirically assesses whether CDM project development fulfills its sustainable development objective. Using a unique dynamic panel data method based on the long-differenced model, this research provides convincing evidence that CDM projects contribute to sustainable development in host countries. It sheds light on the role of the CDM in the process of global sustainability with clear policy implications for developing countries and those embracing market instruments.
Author: Elizabeth Lokey
Publisher: Routledge
ISBN: 1136558543
Category : Business & Economics
Languages : en
Pages : 342
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Book Description
This definitive guide to developing renewable energy CDM projects in Latin America - the largest market on the doorstep of the United States - provides business leaders, investors, project developers and host country offices with the one-stop guide to successful CDM renewable energy project development. The book opens with an accessible guide to the CDM that explains what it is and how it works in both theory and practice with a step-by-step guide for investors, project developers, consultants and Designated National Authorities (DNAs). The book then provides valuable country-by-country market analysis of Latin America with a focus on the electrical sector, renewable energy incentives and the overall investment climate that provides an authoritative guide to the most and least favourable places to develop projects. The final section provides guidance for how to overcome the identified barriers with practical actions for successful project development.
