Kuosmanen, Timo; Vöhringer, Frank; Dellink, Rob B. - HWWA Institut für Wirtschaftsforschung - 2004
-digit percentage range. Consequently, the Marrakesh Accords require Clean Development Mechanism (CDM) projects to account for leakage … proposal for the attribution of market leakage effects to CDM projects. To this purpose, we identify the transmission … mechanisms for CDM project leakage, investigate the current practice of leakage accounting, and analyse alternative attribution …