The Environmental Integrity of the CDM: A Legal Analysis of its Institutional and Procedural Shortcomings

de Sépibus, Joëlle (November 2009). The Environmental Integrity of the CDM: A Legal Analysis of its Institutional and Procedural Shortcomings (NCCR Trade Regulation Working Paper Series 2009/41). Bern, Switzerland: NCCR Trade Regulation, World Trade Institute, University of Bern

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There is growing concern that a significant proportion of Clean Development Mechanism (CDM) credits (CERs) do not reflect real emission reductions and that the mechanism is inadequate to assist developing countries in their transition towards a low-carbon economy. Hence, any decision to maintain the CDM in its current form within a post-2012 climate agreement has to be considered with great care. This study examines, in particular, how the baseline and the additionality requirements have been interpreted and sheds some light on the verification process and the oversight by the Executive Body (EB). Finally, it shows that the CDM is inadequate to foster significant policy reforms, which are a prerequisite for any meaningful change in the emission trends of developing countries.

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 12:18

Last Modified:

31 May 2017 12:26

BORIS DOI:

10.7892/boris.90367

URI:

https://boris.unibe.ch/id/eprint/90367

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