IDEAS home Printed from https://ideas.repec.org/p/idb/brikps/2976.html

Opportunities for GHG Mitigation in Latin America: Carbon Finance and the Clean Development Mechanism

Author

Listed:
  • Pollan, Michael

Abstract

This report discusses the opportunities and challenges for Clean Development Mechanism (CDM) projects in Latin America. CDM is an important tool to improve the viability of many clean technology investments as it offers a number of important opportunities including increasing a project's internal rate of return (IRR) and its impact on project risk and overall credibility. The new and enlarged interest in GHG mitigation and carbon finance since the entry into force of the Kyoto Protocol and the full operation of the CDM provides the opportunity to revise programs and activities as needed to meet beneficiary country needs in this arena.

Suggested Citation

  • Pollan, Michael, 2005. "Opportunities for GHG Mitigation in Latin America: Carbon Finance and the Clean Development Mechanism," IDB Publications (Working Papers) 2976, Inter-American Development Bank.
    • Handle: RePEc:idb:brikps:2976
    as

    Download full text from publisher

    File URL: https://publications.iadb.org/publications/english/document/Opportunities-for-GHG-Mitigation-in-Latin-America-Carbon-Finance-and-the-Clean-Development-Mechanism.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Morgenstern, Richard D., 2004. "Policy Studies on Greenhouse Gas Mitigation and Economic Development: Synergies and Challenges," IDB Publications (Working Papers) 2977, Inter-American Development Bank.
    2. Bleviss, Deborah & BBG Group, 2004. "The Opportunities for Sustainable Urban Transportation in Medium-Sized Cities in Latin American and the Caribbean," IDB Publications (Working Papers) 2984, Inter-American Development Bank.
    3. D. Salon, 2001. "An initial view on methodologies for emission baselines: Transport case study," OECD/IEA Climate Change Expert Group Papers 2001/4, OECD Publishing.
    4. Kruger, Joseph & Pizer, William A., 2004. "The EU Emissions Trading Directive: Opportunities and Potential Pitfalls," Discussion Papers 10679, Resources for the Future.
    5. Richard D. Morgenstern, 2004. "Policy Studies on Greenhouse Gas Mitigation and Economic Development: Synergies and Challenges," IDB Publications (Working Papers) 25278, Inter-American Development Bank.
    6. Kartha, Sivan & Lazarus, Michael & Bosi, Martina, 2004. "Baseline recommendations for greenhouse gas mitigation projects in the electric power sector," Energy Policy, Elsevier, vol. 32(4), pages 545-566, March.
    7. Axel Michaelowa & Marcus Stronzik & Frauke Eckermann & Alistair Hunt, 2003. "Transaction costs of the Kyoto Mechanisms," Climate Policy, Taylor & Francis Journals, vol. 3(3), pages 261-278, September.
    8. Eguren C., Lorenzo, 2004. "El mercado de carbono en América Latina y el Caribe: balance y perspectivas," Medio Ambiente y Desarrollo 5620, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    9. Deborah Bleviss & BBG Group, 2004. "The Opportunities for Sustainable Urban Transportation in Medium-Sized Cities in Latin American and the Caribbean," IDB Publications (Working Papers) 25358, Inter-American Development Bank.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Michael Pollan, 2005. "Opportunities for GHG Mitigation in Latin America: Carbon Finance and the Clean Development Mechanism," IDB Publications (Working Papers) 25198, Inter-American Development Bank.
    2. Emma Paulsson, 2009. "A review of the CDM literature: from fine-tuning to critical scrutiny?," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 9(1), pages 63-80, February.
    3. Purohit, Pallav & Michaelowa, Axel, 2007. "CDM potential of bagasse cogeneration in India," Energy Policy, Elsevier, vol. 35(10), pages 4779-4798, October.
    4. Millard-Ball, Adam & Ortolano, Leonard, 2010. "Constructing carbon offsets: The obstacles to quantifying emission reductions," Energy Policy, Elsevier, vol. 38(1), pages 533-546, January.
    5. Winchester, Lucy, 2005. "Sustainable human settlements development in Latin America and the Caribbean," Medio Ambiente y Desarrollo 5635, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    6. Michaelowa, Axel & Jotzo, Frank, 2005. "Transaction costs, institutional rigidities and the size of the clean development mechanism," Energy Policy, Elsevier, vol. 33(4), pages 511-523, March.
    7. Regina Betz & Wolfgang Eichhammer & Joachim Schleich, 2004. "Designing National Allocation Plans for Eu-Emissions Trading — A First Analysis of the Outcomes," Energy & Environment, , vol. 15(3), pages 375-425, July.
    8. Rogge, Karoline S. & Schleich, Joachim & Betz, Regina, 2006. "An early assessment of national allocation plans for phase 2 of EU emission trading," Working Papers "Sustainability and Innovation" S1/2006, Fraunhofer Institute for Systems and Innovation Research (ISI).
    9. Gernot Klepper & Sonja Peterson, 2006. "Emissions Trading, CDM, JI, and More: The Climate Strategy of the EU," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 1-26.
    10. Liu, Xuemei, 2008. "The monetary compensation mechanism: An alternative to the clean development mechanism," Ecological Economics, Elsevier, vol. 66(2-3), pages 289-297, June.
    11. Ortega, Margarita & del Río, Pablo & Montero, Eduardo A., 2013. "Assessing the benefits and costs of renewable electricity. The Spanish case," Renewable and Sustainable Energy Reviews, Elsevier, vol. 27(C), pages 294-304.
    12. U. Kalpagam & Karimullah, 2007. "India's Business Prospects in the Global Emissions Market," Global Business Review, International Management Institute, vol. 8(2), pages 237-250, December.
    13. Axel Michaelowa & Sonja Butzengeiger, 2005. "EU emissions trading: navigating between Scylla and Charybdis," Climate Policy, Taylor & Francis Journals, vol. 5(1), pages 1-9, January.
    14. Beat Hintermann, 2009. "An Options Pricing Approach for CO2 Allowances in the EU ETS," CEPE Working paper series 09-64, CEPE Center for Energy Policy and Economics, ETH Zurich.
    15. Beat Hintermann, 2011. "Market Power, Permit Allocation and Efficiency in Emission Permit Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 49(3), pages 327-349, July.
    16. Flachsland, Christian & Marschinski, Robert & Edenhofer, Ottmar, 2009. "Global trading versus linking: Architectures for international emissions trading," Energy Policy, Elsevier, vol. 37(5), pages 1637-1647, May.
    17. Oscar Cacho & Leslie Lipper, 2006. "Abatement and Transaction Costs of Carbon-Sink Projects Involving Smallholders," Working Papers 06-13, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
    18. Stavins, Robert, 2004. "Can an Effective Global Climate Treaty be Based on Sound Science, Rational Economics, and Pragmatic Politics?," Working Paper Series rwp04-020, Harvard University, John F. Kennedy School of Government.
    19. Heshmati, Almas & Abolhosseini, Shahrouz, 2014. "Market Design for Trading Commoditized Renewable Energy," Working Paper Series in Economics and Institutions of Innovation 372, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    20. Chaurey, A. & Kandpal, T.C., 2009. "Carbon abatement potential of solar home systems in India and their cost reduction due to carbon finance," Energy Policy, Elsevier, vol. 37(1), pages 115-125, January.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:idb:brikps:2976. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Felipe Herrera Library (email available below). General contact details of provider: https://edirc.repec.org/data/iadbbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.