Implementing the Clean Development Mechanism in Vietnam: potential and limitations
AbstractThe Clean Development Mechanism (CDM) in Vietnam is used way below its full potential. In spite of efforts to further CDM projects in the recent years, Vietnam still lags behind the comparable neighboring countries in term of registered CDM projects. Especially, though 2008 and 2009 have seen a fast growth in the pipeline in the country but only 14 projects were registered as at 2 December 2009. This development progress is low to the country's greater potential and makes it as a late starter on the global CDM rise when the window of opportunity created by the first Kyoto Protocol period has almost closed. This paper analyzes the barriers explaining this late start and slow catch-up. It suggests strategic policy recommendations which could increase the attractiveness of investment business in the context of climate change protection in Vietnam.
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Bibliographic InfoPaper provided by HAL in its series Post-Print with number halshs-00654294.
Date of creation: 2011
Date of revision:
Publication status: Published, Improving the Clean Development Mechanism. Options and Challenges Post-2012, Lexxion, Berlin (Ed.), 2011, 221-246
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climate policy; development; vietnam;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-01-03 (All new papers)
- NEP-ENE-2012-01-03 (Energy Economics)
- NEP-ENV-2012-01-03 (Environmental Economics)
- NEP-PPM-2012-01-03 (Project, Program & Portfolio Management)
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