by SJA Bakker, HD van Asselt, J. Gupta, C. Haug and MAR Saidi
- Policymakers and scientists have raised concerns with respect to the functioning of the Clean Development Mechanism. This includes lack of sustainable development benefits, few projects in Least Developed Countries and the transport sector, a high administrative burden, high windfall profits for some project developers, and questions related to whether the projects actually reduce emissions. Several forms of differentiation between countries or project types have been proposed for the CDM, to address these concerns. This report first provides an overview of these differentiation options. We then analyse their implications for the governance and decision-making processes of the CDM, and provide a quantitative assessment of the impacts on the carbon market, using bottom-up marginal abatement cost curves.
by SJA Bakker, HD van Asselt, J. Gupta, C. Haug and MAR Saidi (2009). "Differentation in the CDM: Options and Impacts." Netherlands Environmental Assessment Agency PBL, 500102023 June 2009.
