The Clean Development Mechanism (CDM) aims to enhance the efficiency of the Kyoto Protocol by providing greenhouse gas emission credits from projects in developing countries. Its unequal distribution among host countries gives rise to both concerns of equity and the question about the volume of...

Under the Kyoto Protocol, developing countries can voluntarily participate in climate change mitigation through the Clean Development Mechanism (CDM), where emission reduction credits from projects in developing countries are bought by industrialized countries to meet their own commitments....

The United States is awakening to the urgency of the climate crisis; and Congress is poised to respond with a cap-and-trade approach meant to reduce greenhouse gas emissions through market mechanisms. A pure cap-and-trade approach, however, raises significant and underappreciated environmental...

Protecting the global climate is an important issue in today's world. Heavy industrialization, on one hand, is considered as something absolutely essential to keep up the pace of economic development, and on the other, the aforesaid development is not at all a sustainable development as far as...

The US has repeatedly criticized the lack of meaningful participation of developing countries in the Kyoto Protocol. I discuss the course of negotiations on developing country participation between the conferences at Kyoto in 1997 and Marrakech in 2001. The reluctance of developing countries to...

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...