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.

Net climate change mitigation of the Clean Development Mechanism

Energy Policy ◽  
2014 ◽  
Vol 72 ◽  
pp. 146-154 ◽  
Author(s):  
Peter Erickson ◽  
Michael Lazarus ◽  
Randall Spalding-Fecher
Keyword(s):  
Climate Change ◽  
Clean Development Mechanism ◽  
Climate Change Mitigation ◽  
Change Mitigation ◽  
Development Mechanism

scholarly journals The Clean development mechanism

2016 ◽  
Vol 6 (1) ◽  
pp. 95-112
Author(s):  
Yusuf Muchelulea ◽  
Kevin Mulama
Keyword(s):  
Climate Change ◽  
Sustainable Development ◽  
Developing Countries ◽  
Technology Transfer ◽  
United Nations ◽  
Clean Development Mechanism ◽  
Developed Countries ◽  
Energy Development ◽  
If Current ◽  
Development Mechanism

The Clean development mechanism (CDM) is a new tool for promoting sustainable development in developing countries. It was established by the Kyoto Protocol under the United Nations Framework Convention on Climate Change (UNFCCC). It promises developed countries certified emission reductions (CERs) if they comply with their quantified emission targets and developing countries sustainable development benefits if they participate and invest in clean renewable technologies. Energy development through investments in clean technology transfer can contribute to sustainable development. However, sustainable development will only be achieved if current barriers and gaps facing CDM project implementation in Kenya are mitigated or removed altogether paving way for the development of more CDM projects in Kenya.

Clean development mechanism of Kyoto Protocol

2014 ◽  
Vol 6 (2) ◽  
pp. 116-130 ◽  
Author(s):  
Anil Gupta
Keyword(s):  
Climate Change ◽  
Kyoto Protocol ◽  
Clean Development Mechanism ◽  
Climate Change Mitigation ◽  
Content Type ◽  
Mitigation And Adaptation ◽  
Commitment Period ◽  
Policies And Programs ◽  
Change Mitigation ◽  
Development Mechanism

Purpose – This paper aims to review the developments in India with respect to clean development mechanism (CDM) of Kyoto Protocol to assess the achievements during first Kyoto Protocol period (2008-2012) in climate change mitigation and suggest measure for better participation during the second commitment period. The paper further makes an attempt to explore the experience, concerns and expectations of the Indian project proponents of green projects registered with CDM Executive Board. Design/methodology/approach – This paper employs two methods: informal interviews with executives of World Bank, Designated National Authority (DNA) of India for CDM, leading international CDM consulting firms and a questionnaire survey of Indian CDM projects proponents. Findings – During first commitment period valid up to December 31, 2012, India remained active participant in the CDM, the only mechanism of Kyoto Protocol where developing countries can participate and join in mitigation of climate change, through the development of green projects and thereby earning additional revenue in terms of carbon finance by sale of carbon credits. The study finds out that in the global CDM experience, India's role is striking with its second highest share both in terms of number of projects registered worldwide and in generation of Certified Emission Reductions (CERs). Originality/value – This paper provides several recommendations for strengthening the institutional frame work in India with respect to CDM as well as suggestions to policy makers for consideration while charting out future policies and programs addressing climate change mitigation and adaptation oriented towards better participation in climate change mitigation during the second commitment period of Kyoto Protocol.

scholarly journals An Assessment Of Clean Development Mechanism Project Contribution To Sustainable Development In Nigeria

2016 ◽  
Vol 15 (6) ◽  
pp. 315-328 ◽  
Author(s):  
Surendran Pillay
Keyword(s):  
Climate Change ◽  
Sustainable Development ◽  
Developing Countries ◽  
Greenhouse Gases ◽  
Clean Development Mechanism ◽  
Skewed Distribution ◽  
Clean Development Mechanism Project ◽  
Reduce Emissions ◽  
Economic Sustainable Development ◽  
Development Mechanism

A Clean Development Mechanism (CDM) is a market-based climate change instrument used to reduce emissions of greenhouse gases. CDM’s have become popular in many developing countries, however given the materially skewed distribution of CDM projects in developing countries it not clear whether CDM projects contribute materially to environmental and economic sustainable development in developing countries. This study examines the effect of CDM on sustainable development in Nigeria by reviewing sample of working CDM projects in Nigeria against globally established sustainable development criteria. Possible amendments to CDM policy are then reviewed based on the findings made during the study. 

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