Market Mechanisms for Sustainable Development in a Post-2012 Climate Regime: Implications for the Development Dividend
There is broad consensus in the international talks on a post-2012 climate change regime on the need for some perpetuation of the CDM—a market mechanism for sustainable development (MMSD). Regime options under discussion will impact on the "development dividend" of a post-2012 MMSD, affecting quality (sustainable development), quantity (volume of CERs) and regional distribution. This paper examines four regime options—increasing the scope of the CDM to include additional sectors, differentiation of developing country eligibility, expanding the CDM, and a fund-based mechanism—and their potential impacts on the three elements of the development dividend.
This paper appears in A Reformed CDM - Including New Mechanisms for Sustainable Development, published by UNEP Risø Centre as part of their Capacity Development for CDM (CD4CDM) Project.
Participating experts
You might also be interested in
TEST Green Public Procurement in India
This report analyzes the status of green public procurement (GPP) in India and suggests key strategies for advancing sustainable procurement practices.
Leveraging Digital Infrastructure for Mining Community Resilience
This report explores the socio-economic impacts and potential of new technologies in the mining sector.
Unlocking Supply Chains for Localizing Electric Vehicle Battery Production in India
This study aims to highlight the key supply chain barriers in localizing electric vehicle (EV) battery cell manufacturing in India. It summarizes consultations with 12 companies, as well as experts and policy-makers, to determine the crucial challenges and opportunities in localizing battery manufacturing in India.
Addressing Liquidity Challenges: A conceptual framework
A conceptual framework for addressing liquidity challenges in sovereign debt.