Present economic relations between Japan and Europe are marred by misunderstanding and ignorance of one another's positions, Mr. Ichikawa stresses here. Neither side has anything to gain from the continuance of this situation: a new phase - one of understanding and cooperation - must be begun.

In the present study, CDM host countries are classified according to their attractiveness for CDM non-sink projects. A cluster analysis is conducted based on three different factors determining host country attractiveness (mitigation potential, institutional CDM capacity and general investment...