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Eco-efficiency approach for global warming in the context of Kyoto Mechanism

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  • Cha, Kyounghoon
  • Lim, Songtak
  • Hur, Tak

Abstract

This study discusses an approach to measuring and improving the economic and ecological efficiency of Kyoto Mechanism projects. The approach consists of Global Warming Eco-Efficiency (GWEE), Clean Development Mechanism (CDM) & Joint Implementation (JI) Environmental-Efficiency (EE) and CDM & JI Economic-Productivity (EP). The GWEE indicator is based on the ratio of the value added of a system to its global warming influence in order to measure the eco-efficiency of a product in terms of the global warming issue. In addition, CDM & JI EE and CDM & JI EP are proposed to measure the environmental and economic performances of CDM and JI projects, respectively. While EE is defined as the ratio of the Certified Emission Reductions (CER) obtained from a CDM project or Emission Reduction Unit (ERU) from a JI project to total global warming influence relevant to the CDM or JI implemented, EP is defined as the ratio of the total of CER profit (and ERU profit) and the sales revenue to the costs of the CDM (and JI) implemented. Then, the feasibility of these indicators is examined through a case study for the power generations in the field of alternative energy.

Suggested Citation

  • Cha, Kyounghoon & Lim, Songtak & Hur, Tak, 2008. "Eco-efficiency approach for global warming in the context of Kyoto Mechanism," Ecological Economics, Elsevier, vol. 67(2), pages 274-280, September.
    • Handle: RePEc:eee:ecolec:v:67:y:2008:i:2:p:274-280
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    References listed on IDEAS

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    1. Riina‐Riitta Helminen, 2000. "Developing tangible measures for eco‐efficiency: the case of the Finnish and Swedish pulp and paper industry," Business Strategy and the Environment, Wiley Blackwell, vol. 9(3), pages 196-210, May.
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    Cited by:

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    2. Anderson, Blake & M'Gonigle, Michael, 2012. "Does ecological economics have a future?," Ecological Economics, Elsevier, vol. 84(C), pages 37-48.
    3. Hsing-Fu Kuo & Ko-Wan Tsou, 2015. "Application of Environmental Change Efficiency to the Sustainability of Urban Development at the Neighborhood Level," Sustainability, MDPI, vol. 7(8), pages 1-20, August.
    4. Mulu, Elshaday & M'Arimi, Milton M. & Ramkat, Rose C., 2021. "A review of recent developments in application of low cost natural materials in purification and upgrade of biogas," Renewable and Sustainable Energy Reviews, Elsevier, vol. 145(C).
    5. Shiu-Wan Hung & Shih-Chang Tseng, 2010. "A New Framework Integrating Environmental Effects into Technology Evaluation," Journal of Business Ethics, Springer, vol. 95(4), pages 543-556, September.
    6. Xiaoping Qiu & Yiping Fang & Xueting Yang & Fubiao Zhu, 2017. "Tourism Eco-Efficiency Measurement, Characteristics, and Its Influence Factors in China," Sustainability, MDPI, vol. 9(9), pages 1-19, September.

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