CDM Incentives in Industrialized Countries: The Long and Winding Road

Industrialized countries have been astonishingly slow in providing incentives for their private sectors to invest in Clean Development Mechanism (CDM) projects or to buy certified emission reductions (CERs). On the other hand, capacity-building initiatives have been promoted extensively and have used almost 10 percent of the total funds invested in the CDM. With the introduction of the linking directive, the European Union could open a window of opportunity to kick-start private sector participation. This would require stronger national allocation plans than are currently being considered.

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http://pub.iges.or.jp/modules/envirolib/view.php?docid=433
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