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This paper introduces the REPA model, which stands for Regional Environmental Policy Assessment model. The REPA model is a multiregional computable general equilibrium model developed based on the GTAP-E model. The main objective of the REPA model is to assess potential impacts of implementing a set of environmental policy instruments (policy...

This report is the outline of the first IGES Brainstorming Forum which was held on June 21 and 22, 1998 at Shonan Village. Japan has no experience in emissions trading which will be introduced in accordance with the Kyoto Protocol. Emissions trading will be a very important future measure of Japan in the issue of global warming; however, it has not...

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...

Remarks: ESCAP Regional Seminar on Promotion of Energy Efficiency in Industry and Financing of Related Public and Private Investments, Bangkok, 30.November- 2.December 1999

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 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...

Baseline setting is a key step in the process to identify certified emission reductions for　CDM. This paper clarifies some confusing concepts regarding baseline setting, such as time-dependence (static/dynamic/revision) and standardization (benchmarking/projectspecific). There are many technical aspects for the development of CDM scheme from...

Remarks: 10th Asia-Pacific Seminar on Climate Change Technical Issues in Designing CDM July 10–13, 2000