scholarly journals The Economic Drivers and Environmental Outcomes of the Clean Development Mechanism in Vietnam

2011 ◽  
pp. 121-141
Author(s):  
Leonard Smith ◽  
Paul Dargusch ◽  
Sebastian Thomas
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
Development Strategy ◽  
Clean Development Mechanism ◽  
Developed Countries ◽  
Global Market ◽  
Project Development ◽  
Least Developed Countries ◽  
Development Objectives ◽  
Development Mechanism

The Clean Development Mechanism (CDM) is the principal source of carbon offsets in the global market, and is intended to be a key driver of sustainable development and technical transformation in developing countries. The distribution of CDM projects by country has been skewed, with over 75% of registered projects having taken place in just four countries, namely China, India, Brazil and Mexico. A change in this pattern of development may be occurring, however, as smaller developing countries become increasingly active in the carbon market. An example of this is the rapid rise in the number of CDM projects based in Vietnam since early 2009. This paper investigates factors contributing to the growth of CDM projects in Vietnam and describes some of the key features of the projects that have been developed. Hydropower projects are found to dominate new CDM project development in Vietnam. It is suggested that CDM project development in Vietnam may be a tool to support domestic energy security rather than being primarily driven by the intended climate change mitigation and sustainable development objectives of the CDM. It is also possible that Vietnam is emulating the development strategy of China, and may serve as a model for other members of the Least Developed Countries group. A country’s domestic policy choices are critical in determining its attractiveness as a host country for offset projects, and Vietnam’s policy strategies are successfully harnessing synergies between domestic agendas and regulated foreign markets.

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.

Examining perspectives and dimensions of clean development mechanism

2017 ◽  
Vol 59 (1) ◽  
pp. 82-101 ◽  
Author(s):  
Pravesh Aggarwal ◽  
Rupesh Aggarwal
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
Clean Development Mechanism ◽  
Developed Countries ◽  
Economic Benefits ◽  
Environmental Benefits ◽  
Content Type ◽  
Local Stakeholders ◽  
Development Mechanism

Purpose This paper aims to critically evaluate the working of the clean development mechanism (CDM) particularly in developing and least developed countries in the light of recent developments. Design/methodology/approach Part I of the paper delves upon various international rules governing the CDM. Part II of the paper draws out the rationale behind the introduction of the CDM under the Kyoto Protocol so as to provide a basis for its critical assessment in actual practice, as dealt with in Part III. Finally, the paper makes a concluding remark and suggests a way forward. Findings It is submitted that the CDM suffers from a gamut of concerns, which need to be adequately addressed. The business-centric approach followed by the investors of CDM projects has been a major reason behind denial of social, economic and environmental benefits pertinent for attaining sustainable development in the developing countries. The urge to derive economic benefits resulting from their investment has made the developing countries more competitive but turn a blind eye to reduced standards maintained for sustainable development. Besides, long-term benefits arising out of such projects, along with greater public participation of local stakeholders in CDM activities, have usually taken a backseat. A need is there to involve the CDM in the agricultural sector, which would have long-term benefits. Besides, it is required to enhance local stakeholder consultation, which ensures that people affected by a CDM project can give a timely, meaningful input to a proposed project. In the 80th meeting of the CDM Executive Board, held in Bonn, it was further decided that the complaints of the local stakeholders shall be given effect through subsequent changes in the project design of the CDM pipeline, along with their consultation before the real start of the project. Greater participation will also be ensured through increased publically available data on CDM projects. Originality/value The paper is original and brings out some valuable suggestions to improve the working of the CDM.

scholarly journals Migration and Its Impact on Sustainable Development

2021 ◽  
Vol 8 (1) ◽  
pp. 55
Author(s):  
Muslih Faozanudin ◽  
Shainima Islam
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
International Migration ◽  
Secondary Data ◽  
Developed Countries ◽  
Industrialized Countries ◽  
Population Mobility ◽  
Least Developed Countries ◽  
Skilled Workers ◽  
The Impact

People’s mobility and international migration are quite interesting phenomena to discuss. Until now, there are still differences in views between industrialized countries and developing countries regarding the contribution of migration to development for both sending and receiving countries. This paper aims to analyze based on existing secondary data the linkage between migration and sustainable development. For analysis, this study uses a descriptive approach, with secondary data as the primary source. The analysis found that both sending and receiving countries - benefited from population mobility and international migration. The least developed countries in the economy and overall infrastructure are supplying countries for this migration process, and increasing remittances and skilled workers to help other countries. Although it is realized that this condition is the impact of the weak economic system of developing countries on the one hand and the demographic that occur in advanced industrialized countries on the other. To maintain the stability of the supply chain for economic development, international migration is included as one of the sustainable development programs that apply more humane values. Therefore, migrants should be seen as potential contributors to the growth of sending and receiving countries, and some even claim that they are heroes of foreign exchange. Keywords:  migration, remmitance, sustainable development Mobilitas masyarakat dan migrasi internasional merupakan fenomena yang cukup menarik untuk dibahas. sampai saat ini masih terdapat perbedaan pandangan antara negara industri dan negara berkembang, tentang  kontribusi migrasi terhadap  pembangunan, baik  bagi negara yang asal migrant maupun bagi negara penerima. Makalah ini bertujuan untuk menganalisis berdasarkan data sekunder yang ada mengenai keterkaitan antara migrasi dan pembangunan berkelanjutan. Untuk analisis, penelitian ini menggunakan pendekatan deskriptif, dengan data sekunder sebagai sumber primer. Hasil analisis menemukan bahwa kedua negara-negara pengirim dan penerima - mendapat manfaat dari mobilitas penduduk dan migrasi internasional. Negara-negara kurang berkembang dalam ekonomi dan infrastruktur secara keseluruhan menjadi negara pemasok untuk proses migrasi ini, dan meningkatkan pengiriman uang dan pekerja terampil untuk membantu negara lain. Meskipun disadari bahwa kondisi ini merupakan dampak dari lemahnya sistem perekonomian negara berkembang di satu sisi dan faktor demografi dan kesuburan yang terjadi di negara industri maju di sisi lain. Untuk menjaga stabilitas rantai pasokan pembangunan ekonomi, migrasi internasional dimasukkan sebagai salah satu program pembangunan berkelanjutan yang menerapkan nilai-nilai yang lebih manusiawi. Oleh karena itu, para migran harus dilihat sebagai kontributor potensial bagi pertumbuhan negara pengirim dan penerima,  bahkan ada yang mengklaim bahwa mereka adalah sebagai pahlawan devisa. Kata kunci:  migrasi, pembangunan berkelanjutan, remiten

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 Investing in Clean Development Mechanism (CDM) Projects in Brazil

2010 ◽  
Vol 3 (1) ◽  
pp. 1 ◽  
Author(s):  
Luiz Carlos Jacob Perera ◽  
Roberto Borges Kerr ◽  
Herbert Kimura ◽  
Fabiano Guasti Lima
Keyword(s):  
Sustainable Development ◽  
Clean Development Mechanism ◽  
Nuclear Power ◽  
Climate Changes ◽  
Ghg Emissions ◽  
Developed Countries ◽  
Controversial Issues ◽  
The Future ◽  
Comprehensive Manner ◽  
Development Mechanism

The discussion about Clean Development Mechanism (CDM) Projects has its roots in global warming and its consequences. CDM projects enable developed countries to offset the pollution generated by the acquisition of Certified Emission Reductions (CER), concerning the reduction of Greenhouse Gases (GHG) emissions in developing countries. The article discusses the CDM in a comprehensive manner, based on the opinion of experts, and investigates the future of this market from 2012, the post-Kyoto period. The main results show that the CDM follows the principles of Sustainable Development, focusing on the climate changes and the profitability of projects. It shows that Brazil has real possibilities to act in the CER market which is expected to consolidate in the post-Kyoto. Controversial issues as the future of post-Kyoto, nuclear power and especially the conservation of forests, through the generation of CER, remain undefined.

scholarly journals International Intellectual Property Agreements as Agents of Sustainable Development of Developing Countries

2017 ◽  
Vol 9 (1) ◽  
pp. 1-19
Author(s):  
Bethel Uzoma Ihugba ◽  
Ikenna Stanley Onyesi
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
Intellectual Property ◽  
Developing World ◽  
Developed Countries ◽  
International Agreements ◽  
Status Quo ◽  
Least Developed Countries ◽  
The Sustainable Development ◽  
The Status

The paper examines the implication of International Intellectual Property (ip) laws and agreements on the sustainable development of Least Developed Countries (ldcs) and Developed Countries (dcs) and suggests approaches for improving the development and wellbeing of people in the developing world through national ip laws. The paper argues that generally international ip agreements may appear biased against developing countries and most dcs are reluctant to challenge the status quo and/or use the flexibilities of the international ip agreement to promote the wellbeing of their citizens. However, the article finds that ldcs and dcs could change this trend through the creative use of national ip laws and international agreements to promote the sustainable development of ldcs and dcs. The major instrument suggested for this shift in approach is the establishment of national ip administration institutions and the positive use of compulsory licences.

Clean Development Mechanism for Power Infrastructures for China's Sustainable Development

2002 ◽  
Vol 13 (3) ◽  
pp. 435-452
Author(s):  
Liu Deshun ◽  
Taishi Sugiyama
Keyword(s):  
Sustainable Development ◽  
Developing Country ◽  
Clean Development Mechanism ◽  
Developed Countries ◽  
Developed Country ◽  
Important Principle ◽  
Social And Economic Development ◽  
Strategic Policy ◽  
Priority Needs ◽  
Development Mechanism

What is the Clean Development Mechanism (CDM)? The establishment of Clean Development Mechanism (CDM) is a significant achievement in the political negotiations on the implementation of United Nations Framework Convention on Climate Change (UNFCCC). CDM is stipulated in Article 12 of the Kyoto Protocol (KP), where assisting developing country Parties in achieving sustainable development is explicitly listed as a purpose in parallel with the others. Developed country Parties are to be assisted in achieving compliance with their quantified emission limitation and reduction commitment (QELRC) under Article 3 by acquiring Certified Emission Reductions (CERs) accrued from the CDM. This win-win mechanism reflects two arguments: the responsibility of developed countries for past greenhouse gas emissions, and the legitimate priority needs of developing countries for their social and economic development and poverty eradication. It should be kept in mind, therefore, that when formulating the strategic policy of the CDM, one important principle to be followed is that CDM projects must be compatible with and supportive of national environments and sustainable development priorities and strategies of developing country Parties.

Clean Development Mechanism and Least Developed Countries: Changing the Rules for Greater Participation

2009 ◽  
Vol 18 (4) ◽  
pp. 436-452 ◽  
Author(s):  
Thanakvaro De Lopez ◽  
Ponlok Tin ◽  
Keisuke Iyadomi ◽  
Sergio Santos ◽  
Bridget McIntosh
Keyword(s):  
Clean Development Mechanism ◽  
Developed Countries ◽  
Least Developed Countries ◽  
Development Mechanism

scholarly journals The clean development mechanism

2014 ◽  
Vol 6 (2) ◽  
pp. 166-191 ◽  
Author(s):  
Martin Burian ◽  
Christof Arens
Keyword(s):  
Clean Development Mechanism ◽  
Technical Assistance ◽  
Developed Countries ◽  
Sub Saharan Africa ◽  
Low Carbon ◽  
Least Developed Countries ◽  
African Countries ◽  
Content Type ◽  
Per Capita ◽  
Development Mechanism

Purpose – Since the registration of the first clean development mechanism (CDM) project in 2004, the CDM has seen a dynamic expansion: the CDM pipeline currently comprises 6,725 projects generating 2.73 billion certified emission reductions (CERs) up to 2012. These CERs result in a substantial financial flow from Annex I to Non-Annex I countries. But CDM projects also result in investments in low carbon technologies, a substantial share of which is focused on the energy sector. The total installed capacity of all CDM projects amounts to 288,944 MW. However, the CDM is not widely taken up in Africa. This holds true for Africa's share in the CDM project pipeline (2.62 per cent), for Africa's share in CERs generated up to 2012 (3.58 per cent) and for the normalized CERs per capita, per country. Two hypothesizes are commonly discussed: first, the continent features low per capita emissions and low abatement potentials. Second, African countries may be hampered by weak institutional frameworks. This article reviews both hypotheses and presents new empirical data. The paper aims to discuss these issues. Design/methodology/approach – Investigating the greenhouse gas (GHS) abatement potential of 16 energy-related sectors for 11 selected least developed countries in sub-Saharan Africa shows a total theoretical CDM potential of 128.6 million CERs per year. Analyzing investment indicators confirms that most countries are impeded by below average investment conditions. Findings – It is concluded that Africa offers a considerable range of substantial abatement potentials. However, the weak institutional framework is limiting the uptake of the CDM in Africa. This is underpinned by an analysis which shows if a CDM sector has high investment cost, Africa will have a low share in the sector. If the sector has low investment needs per CER, Africa's share in the CDM sector will be bigger. Investment needs and Africa's share in the pipeline feature a negative correlation. Research limitations/implications – Supporting CDM development in Africa should not be constraint to technical assistance. It will be crucial to develop an integrated financing approach, comprising the CDM as a co-financing mechanism, to overcome the institutional challenges. Originality/value – Until today, there are few empirical studies that use concrete criteria and indicators to show why the CDM is underrepresented in Africa. The work presented here contributes to filling this gap.

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