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Climate Notes: CDM – What Direction is Business with the Climate Taking?

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  • Anne Berner

Abstract

The Clean Development Mechanism (CDM) enables private or public players from industrialised economies to fulfil part of their obligation to reduce emissions with climate measures in emerging and developing economies. This article describes how the CDM functions and looks at its future role in the international carbon market.

Suggested Citation

  • Anne Berner, 2015. "Climate Notes: CDM – What Direction is Business with the Climate Taking?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(01), pages 64-66, January.
    • Handle: RePEc:ces:ifosdt:v:68:y:2015:i:01:p:64-66
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    References listed on IDEAS

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    1. Steffen Kallbekken, 2007. "Why the CDM will reduce carbon leakage," Climate Policy, Taylor & Francis Journals, vol. 7(3), pages 197-211, May.
    2. Igor Shishlov & Valentin Bellassen, 2012. "10 lessons from 10 years of the CDM," Working Papers hal-01151437, HAL.
    3. Victor,David G., 2011. "Global Warming Gridlock," Cambridge Books, Cambridge University Press, number 9780521865012.
    4. Lambert Richard Schneider, 2011. "Perverse incentives under the CDM: an evaluation of HFC-23 destruction projects," Climate Policy, Taylor & Francis Journals, vol. 11(2), pages 851-864, March.
    5. Ott, Hermann E. & Mersmann, Florian & Sterk, Wolfgang & Watanabe, Rie & Wegmann, Barbara & Curtius, Hans, 2009. "Internationale Finanzmittel für den Klimaschutz: bestehende und zukünftige Finanzmechanismen im internationalen Klimaregime zur Minderung von Treibhausgasen und zur Anpassung an den Klimawandel," Wuppertal Papers 181, Wuppertal Institute for Climate, Environment and Energy.
    6. Knut Einar Rosendahl & Jon Strand, 2011. "Carbon Leakage from the Clean Development Mechanism," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 27-50.
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    More about this item

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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