A whole bundle of so-called "flexible mechanisms" has been foreseen by the Kyoto Protocol in order to help industrial countries to fulfill their agreed reduction targets in the most cost-effective way. Emission permits will act as the backbone of all market-orientated mechanisms. Therefore,...

After four years of intense negotiations that tethered on the brink of failure, the design of the international climate policy regime that is formed by the U.N. Framework Convention on Climate Change, the Kyoto Protocol and the Marrakesh Accords is now sufficiently clear to be implemented. Apart...

For projects under the Clean Development Mechanism (CDM), a baseline has to be set to allow calculation of the greenhouse gas emissions reductions achieved. An important obstacle to CDM project development is the lack of data for baseline definition; often project developers do not have access...

This paper aims to examine the potential of the Clean Development Mechanism (CDM) to address energy- related issues during the rural transition process in China, using a case study of quickly urbanizing and industrializing Yinzhou district in coastal Zhejiang province. Yinzhou's per capita GDP...

German wind power development is a technological success story but has involved very high subsidies. Germany was a latecomer in wind power but specific political conditions in the late 1980s and early 1990s allowed the implementation of the feed in tariff regime which has characterised Germany...

The implementation of activities aimed at mitigating global greenhouse gas emissions is more cost-efficient in developing countries than in most of the industrialised world. Nevertheless, efficient mitigation may have adverse effects on equity. A Clean Development Mechanism (CDM) is therefore to...

Project-based climate cooperation between industrial and developing countries was first proposed in the early l990s, then under the name of joint implementation (JI). Once in place, this cooperation could lead to a high amount of additional financial flows to developing countries. Nevertheless,...

The implementation of activities aimed to mitigate global greenhouse gas emissions is more cost-efficient in developing countries than in most of the industrialized world. A Clean Development Mechanism (CDM) is to assure that the interests of all parties implicated in Joint Implementation...

Among the co-operative mechanisms established under the Kyoto Protocol, the Clean Development Mechanism is the only one, which has the potential to assist developing countries in achieving sustainable development by promoting environmentally friendly investment from industrialized country...