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The world’s forest cover continues to decrease. In recent years, the world’s forests have been affected by over-harvesting, overgrazing, pests and diseases, high global temperatures, floods, droughts, storms, air pollution and forest fires, as well as the economic crises in Asia and other regions. In particular, the forests in Asia have been...

This paper analyzes private sector involvement in the CDM in terms of experience with AIJ, private sector incentives and the potential barriers to private sector investments in the CDM. Such barriers are mainly associated with the instability of the incompletely-defined CDM mechanism itself and fundamental risks of projects in developing countries...

The Clean Development Mechanism has its meaning to be a tool that the sustainable development in the host developing country is compatible with the climate change mitigation, as well as, a flexible instrument for developed countries to meet their quantified commitments. This paper considers how the CDM works properly as a tool to assist developing...