How Can Global Carbon Markets Promote Low-Carbon Cities in Developing Countries? Lessons Learnt from the Clean Development Mechanism

2021 ◽  
pp. 291-315
Author(s):  
Axel Michaelowa ◽  
Maike Sippel
Keyword(s):  
Developing Countries ◽  
Clean Development Mechanism ◽  
Carbon Markets ◽  
Low Carbon ◽  
Lessons Learnt ◽  
Global Carbon ◽  
Development Mechanism

scholarly journals Clean Development Mechanism (CDM) Business in Pakistan: Perceptions and Realities

2012 ◽  
Vol 51 (4II) ◽  
pp. 303-316 ◽  
Author(s):  
Ajaz Ahmed ◽  
Aneel Salman
Keyword(s):  
Climate Change ◽  
Kyoto Protocol ◽  
Clean Development Mechanism ◽  
Carbon Markets ◽  
Carbon Mitigation ◽  
Global Impacts ◽  
Almost All ◽  
Global Carbon ◽  
Human Family ◽  
Development Mechanism

Climate change is the biggest challenge human family has ever faced in world history. It has local as well as global impacts and almost all the ethnic groups, communities, and geographical locations are exposed to it [Stern (2006)]. But comparatively developing countries are more exposed to the changes which are taking places due to climate [Stern (2006) and Barker (2008)]. The degree of their exposure which has a number of determinants varies across different regions [Karen, et al. (2004)]. Climate experts so far have proposed two broader solutions for this problem; mitigation of climate change by reducing the amount of emitted carbon from atmosphere, and adaptation to climate changes [Tompkins and Adger (2005) and Becken (2005)]. Kyoto Protocol of the United Nations Framework Convention on Climate Change (UNFCCC) is dealing with climate change mitigation. It is the milestone towards global carbon mitigation efforts [Miriam, et al. (2007)]. This protocol has resulted in the establishment of carbon markets by adopting the Clean Development Mechanism (CDM). Pakistan ratified the Kyoto Protocol in 1997 and implemented it in 2005. To ensure the smooth functioning of carbon trading business in Pakistan, CDM related infrastructure was developed. Mainly this includes the establishment of CDM Cell in Pakistan, but a number of private consultancies also came into being with the emergence of this mechanism.

scholarly journals Assessing the Climate Governance Contribution and Future of the Clean Development Mechanism

2018 ◽  
Vol 87 (4) ◽  
pp. 393-435
Author(s):  
Gerard Kelly
Keyword(s):  
Developing Countries ◽  
Kyoto Protocol ◽  
Clean Development Mechanism ◽  
Paris Agreement ◽  
Carbon Markets ◽  
Climate Governance ◽  
Future Role ◽  
Less Developing Countries ◽  
Development Mechanism

This article assesses the contribution of the clean development mechanism (cdm) to climate governance. The cdm emerged as the key offset mechanism under the Kyoto Protocol, but its contribution to climate governance remains contested. This article deconstructs the cdm by evaluating the mechanism’s dominant critiques and offers a synthesised analysis of its core design and operational defects. The implications of the Paris Agreement, particularly the prospect of a successor mechanism to the cdm, are evaluated, and inform this article’s vision of a reconstructed mechanism as an important component in the evolving carbon markets infrastructure. Although such a reconstructed mechanism would continue to build a base of regulatory experience in less developing countries, this article suggests that the framework emerging under the Paris Agreement should more carefully circumscribe the cdm’s future role. Finally, this article concludes by considering the potential climate governance contribution of a reconstructed cdm.

The Odd Couple: Uniting Climate Change Mitigation and Sustainable Development under the Clean Development Mechanism

2015 ◽  
Vol 0 (0) ◽  
Author(s):  
Alexander Condon
Keyword(s):  
Climate Change ◽  
Sustainable Development ◽  
Developing Countries ◽  
Foreign Aid ◽  
Clean Development Mechanism ◽  
Direct Investment ◽  
Climate Change Mitigation ◽  
Path Dependence ◽  
Change Mitigation ◽  
Development Mechanism

AbstractThis article assesses the effectiveness of the Kyoto Protocol’s Clean Development Mechanism (CDM) in meeting its twin aims of emission reductions and sustainable development. To date, the CDM has failed to achieve these goals. This article argues that the CDM’s shortcomings are due to path dependence, with the CDM stuck at a suboptimal equilibrium of insufficient institutions, capital and leadership. A reform scheme involving foreign direct investment, foreign aid and CDM amendments is prescribed for pushing the CDM to a more efficient and prosperous path. A properly functioning CDM would afford both developed and developing countries the opportunity to secure a more sustainable economic and environmental future.

scholarly journals Innovation in Solid Waste Management through Clean Development Mechanism in Developing Countries

2016 ◽  
Vol 35 ◽  
pp. 193-200 ◽  
Author(s):  
Aditee Potdar ◽  
Anju Singh ◽  
Seema Unnikrishnan ◽  
Neelima Naik ◽  
Mayuri Naik ◽  
...  
Keyword(s):  
Developing Countries ◽  
Waste Management ◽  
Solid Waste ◽  
Clean Development Mechanism ◽  
Solid Waste Management ◽  
Development Mechanism

scholarly journals Accelerating the implementation of the clean development mechanism in South African industry

2014 ◽  
Vol 10 (4) ◽  
pp. 395-411 ◽  
Author(s):  
G Little ◽  
T Maxwell ◽  
M Sutherland
Keyword(s):  
South Africa ◽  
Qualitative Research ◽  
Developing Countries ◽  
Global Warming ◽  
Greenhouse Gases ◽  
South African ◽  
Kyoto Protocol ◽  
Clean Development Mechanism ◽  
Implementation Strategy ◽  
Development Mechanism

One of the responses to the threat of global warming is the Kyoto Protocol and the associated Clean Development Mechanism (CDM) to reduce greenhouse gases. South Africa is an ideal country for the implementation of industrial CDM projects, yet lags behind many other countries. This qualitative research determines the factors that cause South Africa to lag other developing countries in the implementation of industrial CDM projects and the interventions that will have the most impact on accelerating implementation. The research involved interviews with 30 experts involved in the South African CDM process. The results identify the factors perceived to be facilitating and inhibiting the use of CDM opportunities and a framework for CDM practitioners to develop an implementation strategy within South African industry is established. 

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