CLEAN DEVELOPMENT MECHANISM IN A POST-KYOTO FRAMEWORK
Abstract
The Clean Development Mechanism (CDM) is a Greenhouse Gas (GHG) offset mechanism which
is a part of the Kyoto Protocol. It allows developed countries to reduce GHGs in
developing countries. Since the marginal cost of GHG reduction is lower in developing
countries, this mechanism contributes to effective GHG reduction for developed countries.
At the same time, according to the Kyoto Protocol, it should assist sustainable development
in developing countries. However, many argue that this potential win-win mechanism
is not working effectively, and will need some improvement after Kyoto expires. Given
GHG emissions from developed countries will surpass those from developing countries
around 2015, it is important for CDM not only to retain an offset scheme, but to also
assist in decarbonization of developing countries.
In this project, current CDM projects which have already been registered or rejected
by the United Nations Framework Convention on Climate Change (UNFCCC) as of January
4th, 2010 are examined by using linear and logistical regression models to detect
significant factors with respect to successful registration, project duration, project
scale and project efficiency. Each analysis is conducted for all CDM projects and
for Japanese CDM projects.
The results from the models show CDM projects with particular characteristics (sector,
host countries, validator) are less risky in terms of investment. This means research
and development for CDM schemes are beneficial for improvement of GHG reduction in
developing countries. However, it is still difficult to assess how much each CDM project
contributes to the sustainable development of a given host country.
Type
Master's projectPermalink
https://hdl.handle.net/10161/2198Citation
Kashikura, Shinsuke (2010). CLEAN DEVELOPMENT MECHANISM IN A POST-KYOTO FRAMEWORK. Master's project, Duke University. Retrieved from https://hdl.handle.net/10161/2198.Collections
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