An assessment of the potential interaction between the Clean Development Mechanism (CDM) and the framework of international investment law.
international climate policy
Pinpoints the areas within the CDM's regulations where public access and participation should be introduced. Highlights the importance and the benefits of including such measures in the already complex Kyoto Protocol on climate change....
Lessons from Central and Eastern Europe
Draws on experiences of Central and Eastern European countries to examine the Joint Implementation (JI) and the Clean Development Mechanism (CDM) flexibility mechanisms created by the Kyoto Protocol and explores issues regarding their implementation.
Details struggles over basic design and features of the Clean Development Mechanism established in the 1997 Kyoto Protocol to the Framework Convention on Climate Change. Reviews different designs and explores how an "open architecture" CDM might operate.
Operational and institutional issues
Prepared for the OECD Climate Forum, this paper addresses the two key institutional dimensions of the CDM: Design of the regulatory framework and design of the implementation models.
Reveals that export credit and investment insurance agencies (ECAs) as a group are promoting exports and investments to developing countries that will contribute to long-term increases in greenhouse gas emissions.
Economies in Transition After Kyoto
This report reviews the challenges and opportunities presented by the Climate Convention and the Kyoto Protocol for Central and Eastern European countries with economies in transition, and serves as a background study for the project.
Examines voluntary participation by developing countries under an approach that reintegrates the two facets of the common but differentiated principle. Discusses the use of an alternative form of emission targets -- greenhouse gas intensity targets.
Issues and opportunities emerging from the Kyoto Protocol
Examines why the role of forests and land-use change under the Kyoto Protocol remains controversial. Notes that climate change is a major threat to biodiversity and that protecting biological diversity may help mitigate other impacts of climate change.
Can We Afford to Delay?
This report explains why delaying policy implementation threatens to make climate protection more, not less, costly while also postponing potential benefits from early action.