Reforming the Clean Development Mechanism to Accelerate Technology Transfer

de Sépibus, Joëlle (November 2009). Reforming the Clean Development Mechanism to Accelerate Technology Transfer (NCCR Trade Regulation Working Paper Series 2009/42). Bern, Switzerland: NCCR Trade Regulation, World Trade Institute, University of Bern

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The Clean Development Mechanism (CDM) is the largest technology-transfer mechanism under the United Nations Framework Convention on Climate Change (UNFCCC). The idea of maintaining it or scaling it up in the post-2012 period, to accelerate technology transfer, is hence attractive. The weak environmental integrity of the CDM and its propensity to promote predominantly end-of-pipe technologies, however, caution against its perpetuation under a new global climate accord. This paper proposes that, if the CDM were to be maintained, reforms should be adopted to improve the investment conditions for key climate technologies and modify the incentive structure of the CDM. While such reforms contribute to making key technologies more attractive for investors they do not address the CDM’s inability to foster policy reforms. This paper therefore suggests that the CDM is progressively phased out in favour of sectoral carbon crediting mechanisms.

Item Type:

Working Paper

Division/Institute:

02 Faculty of Law > Department of Economic Law > Institute of European and International Economic Law
02 Faculty of Law > Department of Economic Law > NCCR International Trade Regulation

UniBE Contributor:

de Sépibus, Joëlle

Subjects:

300 Social sciences, sociology & anthropology > 320 Political science
300 Social sciences, sociology & anthropology > 340 Law

Series:

NCCR Trade Regulation Working Paper Series

Publisher:

NCCR Trade Regulation, World Trade Institute, University of Bern

Language:

English

Submitter:

Rebecca Anne Gilgen

Date Deposited:

29 Nov 2016 12:17

Last Modified:

31 May 2017 12:26

BORIS DOI:

10.7892/boris.90365

URI:

https://boris.unibe.ch/id/eprint/90365

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