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Can the Clean Development Mechanism (CDM) deliver?

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  • Subbarao, Srikanth
  • Lloyd, Bob
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    Abstract

    The paper investigates whether the Clean Development Mechanism (CDM) under the Kyoto Protocol has played a significant role in the development of rural communities, specifically investigating uptake of small-scale renewable energy projects. The investigation involved an assessment of 500 registered small-scale CDM projects under the Kyoto Protocol in terms of their potential impact on the envisaged sustainable development goals for rural communities. Five case studies from the Indian subcontinent were also examined. The paper concludes that the CDM in its current state and design has typically failed to deliver the promised benefits with regard to development objectives in rural areas. Successful projects were found to have had good community involvement and such projects were typically managed by cooperative ventures rather than money making corporations. The paper puts forward a new framework for the assessment of such benefits in the hope that future projects can be better assessed in this regard. The key problem, however, remains on how to deal with the inherent contradiction between development and sustainability.

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    Bibliographic Info

    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 39 (2011)
    Issue (Month): 3 (March)
    Pages: 1600-1611

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    Handle: RePEc:eee:enepol:v:39:y:2011:i:3:p:1600-1611

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    Web page: http://www.elsevier.com/locate/enpol

    Related research

    Keywords: Clean Development Mechanism (CDM) Sustainable development Energy supply;

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Frank Jotzo, 2004. "Developing countries and the future of the Kyoto Protocol," Economics and Environment Network Working Papers 0406, Australian National University, Economics and Environment Network.
    2. Fausto Cavallaro & University of Molise, 2005. "An Integrated Multi-Criteria System to Assess Sustainable Energy Options: An Application of the Promethee Method," Working Papers 2005.22, Fondazione Eni Enrico Mattei.
    3. Olsen, Karen Holm & Fenhann, Jørgen, 2008. "Sustainable development benefits of clean development mechanism projects: A new methodology for sustainability assessment based on text analysis of the project design documents submitted for validatio," Energy Policy, Elsevier, vol. 36(8), pages 2773-2784, August.
    4. Lloyd, Bob & Subbarao, Srikanth, 2009. "Development challenges under the Clean Development Mechanism (CDM)--Can renewable energy initiatives be put in place before peak oil?," Energy Policy, Elsevier, vol. 37(1), pages 237-245, January.
    5. Lloyd, Bob & Forest, Andrew S., 2010. "The transition to renewables: Can PV provide an answer to the peak oil and climate change challenges?," Energy Policy, Elsevier, vol. 38(11), pages 7378-7394, November.
    6. del Río, Pablo & Burguillo, Mercedes, 2008. "Assessing the impact of renewable energy deployment on local sustainability: Towards a theoretical framework," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(5), pages 1325-1344, June.
    7. Matthew Mendis & Keith Openshaw, 2004. "THE Clean Development Mechanism: Making it Operational," Environment, Development and Sustainability, Springer, vol. 6(1), pages 183-211, March.
    8. repec:wbk:wboper:13405 is not listed on IDEAS
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    Cited by:
    1. Jean-Marc MONTAUD & Nicolas PECASTAING, 2013. "Does Mexico Benefit from the Clean Development Mechanism? A Macroeconomic and Environmental General Equilibrium Analysis," Working Papers 2013-2014_5, CATT - UPPA - Université de Pau et des Pays de l'Adour, revised Oct 2013.
    2. Huang, Yongfu & He, Jingjing & Tarp, Finn, 2012. "Is the Clean Development Mechanism Promoting Sustainable Development?," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
    3. Jean-Marc MONTAUD & Nicolas PECASTAING, 2013. "A Macroeconomic Assessment of the Clean Development Mechanism (CDM) in Peru: a CGE Analysis," Working Papers 2012-2013_3, CATT - UPPA - Université de Pau et des Pays de l'Adour, revised Jan 2013.
    4. Viardot, Eric, 2013. "The role of cooperatives in overcoming the barriers to adoption of renewable energy," Energy Policy, Elsevier, vol. 63(C), pages 756-764.
    5. Jacques, David A. & Guan, Dabo & Geng, Yong & Xue, Bing & Wang, Xiaoguang, 2013. "Inter-provincial clean development mechanism in China: A case study of the solar PV sector," Energy Policy, Elsevier, vol. 57(C), pages 454-461.
    6. Wang, Can & Zhang, Weishi & Cai, Wenjia & Xie, Xi, 2013. "Employment impacts of CDM projects in China's power sector," Energy Policy, Elsevier, vol. 59(C), pages 481-491.

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