CDM: Taking stock and looking forward

Ellis, Jane; Winkler, Harald; Corfee-Morlot, Jan; Gagnon-Lebrun, Frédéric

doi:10.1016/j.enpol.2005.09.018

Cited by 145 publications

(98 citation statements)

References 2 publications

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“…2 A substantial body of literature has formed around the CDM analyzing and proposing ways to hold the CDM in line with its dual purpose of enabling cost-efficient (regionally flexible) emissions reduction for Annex I countries and of spurring sustainable development through CDM investment in non-Annex I countries (see, e.g., Ellis et al, 2007;Boyd et al, 2009;Lecocq and Ambrosi, 2007).…”

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confidence: 99%

Clean-Development Investments: An Incentive-Compatible CGE Modelling Framework

Böhringer

Rutherford

Springmann

2014

Environ Resource Econ

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AbstractThe Clean Development Mechanism (CDM) established under the Kyoto Protocol allows industrialized Annex I countries to offset part of their domestic emissions by investing in emissionsreduction projects in developing non-Annex I countries. We present a novel CDM modelling framework which can be used in computable general equilibrium (CGE) models to quantify the sector-specific and macroeconomic impacts of CDM investments. Compared to conventional approaches that mimic the CDM as sectoral emissions trading, our framework adopts a microeconomically consistent representation of the CDM incentive structure and its investment characteristics. In our empirical application we show that incentive compatibility implies that the sectors implementing CDM projects do not suffer, and that overall cost savings from the CDM tend to be lower than suggested by conventional modelling approaches.

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confidence: 99%

Clean-Development Investments: An Incentive-Compatible CGE Modelling Framework

Böhringer

Rutherford

Springmann

2014

Environ Resource Econ

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“…In 2007, 551 MtCO 2 e 12 for a value of 4,787 million Euros were transacted in the CDM market (Capoor and Ambrosi 2008). The CDM seems to deliver comparatively cost-effective reductions, but research suggests that neither does it deliver sustainable development (Rowlands 2001;Cosbey et al 2006;Schneider 2007) nor does it contribute to investments in new infrastructure and technology (Ellis et al 2007;Pearson 2007). This point is underlined in a large literature review of CDM and sustainable development: ''the initial assumption of the synergy and win-win relationship between the dual aims of the CDM does not hold for many projects studied in the literature'' (Olsen 2007, p. 64).…”

Section: Transnational Climate Governance Through Marketsmentioning

confidence: 99%

Beyond the public and private divide: remapping transnational climate governance in the 21st century

Pattberg

Stripple

2008

Int Environ Agreements

233

120

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This article provides a first step towards a better theoretical and empirical knowledge of the emerging arena of transnational climate governance. The need for such a re-conceptualization emerges from the increasing relevance of non-state and transnational approaches towards climate change mitigation at a time when the intergovernmental negotiation process has to overcome substantial stalemate and the international arena becomes increasingly fragmented. Based on a brief discussion of the increasing trend towards transnationalization and functional segmentation of the global climate governance arena, we argue that a remapping of climate governance is necessary and needs to take into account different spheres of authority beyond the public and international. Hence, we provide a brief analysis of how the public/private divide has been conceptualized in Political Science and International Relations. Subsequently, we analyse the emerging transnational climate governance arena. Analytically, we distinguish between different manifestations of transnational climate governance on a continuum ranging from delegated and shared public-private authority to fully non-state and private responses to the climate problem. We suggest that our remapping exercise presented in this article can be a useful starting point for future research on the role and relevance of transnational approaches to the global climate crisis.

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“…The majority of projects to date have been concentrated in three areas: renewable electricity generation, reduction of methane emissions, and decomposition of gases from industrial processes (Ellis et al 2007). Figure 1 shows a breakdown of projects in the pipeline for the first commitment period (2008)(2009)(2010)(2011)(2012), and shows that most of the CER credits generated are attributed to large-scale, non-CO 2 -reducing projects.…”

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confidence: 99%

“…18 The capture of HFC-23 and its implications for environmental quality impacts of CDM is discussed in more detail in the Environmental Quality Impacts section that follows. 19 Ellis et al (2007), page 20.…”

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confidence: 99%

“…Most projects implemented under CDM to date have been concentrated in a relatively small number of countries, particularly China and India (Hepburn 2007), and in countries that already receive a high proportion of foreign aid (Ellis et al 2007). The majority of projects to date have been concentrated in three areas: renewable electricity generation, reduction of methane emissions, and decomposition of gases from industrial processes (Ellis et al 2007).…”

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confidence: 99%

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