The Clean-Development Mechanism, stochastic permit prices and energy investments

Clean Development Mechanism

1. At its sixty-ninth meeting, the Executive Board (hereinafter referred to as the Board) of the clean development mechanism (CDM) considered the draft " Guidelines for determination of baseline and additionality thresholds for standardized baselines using the performance-penetration approach " (the guidelines) prepared by the secretariat. The Board provided comments and requested the secretari...

Clean Development meChanism

INtrODuCtION The Clean Development Mechanism has been recognized as a force for the empowerment of women through its various methodologies. While these methodologies may not have started out to be gender-friendly per se, their application has improved women's lives and by extension the lives of their communities. This publication will highlight some of these gender-friendly methodologies, as we...

Clean Development Mechanism Introduction to the CDM

Clean-development investments: an incentive-compatible CGE modeling framework

The Clean Development Mechanism (CDM) established under the Kyoto Protocol allows industrialized Annex I countries to offset part of their domestic emissions by investing in emissions-reduction projects in developing non-Annex I countries. We present a novel CDM modeling framework which can be used in computable-general-equilibrium (CGE) models to quantify the sector-specific and macroeconomic ...

Is the Clean Development Mechanism Promoting Sustainable Development ?

One of the dual objectives of the Clean Development Mechanism (CDM) of the Kyoto Protocol is to promote sustainable development in the host countries. With different CDM indicators for 58 CDM host countries over 2005-10, this paper empirically assesses whether CDM project development fulfils this objective of sustainable development. Using a unique dynamic panel data method based on long-differ...