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Discussion Paper
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...
Discussion Paper
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...
Discussion Paper
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...
Discussion 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...