Publications

The issue of baseline setting is a critical issue for designing CDM regime in terms of determining incentives (credit generation) for investors. Despite the clarity of its concept, the methodologies of baseline setting are technically difficult. This issue can be construed rather as the problem of how to define the additionality. This paper...

Remarks: http://pub.iges.or.jp/modules/envirolib/view.php?docid=1504

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...