For a long time, the Clean Development Mechanism (CDM) has been criticized for its cumbersome procedures and risks of weak environmental integrity.

Developing countries are experiencing unprecedented levels of economic growth. As a result, they will be responsible for most of the future growth in energy demand and greenhouse gas emissions. The development, transfer and use of renewable energy technologies are promising ways towards low-carbon development in these countries.

India occupies an intriguing dual position in global climate politics – a poor and developing economy with low levels of historical and per capita emissions, and a large and rapidly growing economy with rising emissions.

This paper explores the possibility of linkages between the PAT scheme and the bilateral carbon offset mechanism proposed by the Government of Japan. It is well established that linking a domestic program with any international

United Nations Climate Change Secretariat has analysed aspects of CDM project activities and reported on the levels and types of benefits the CDM has provided.

The establishment of the Clean Development Mechanism has been one of the successes of the Kyoto Protocol. It has helped to build experience, capacity and comfort with the use of market mechanisms to reduce emissions. This will be useful when implementing future market mechanisms.

This new report published by Forest Trends’ Ecosystem Marketplace, aggregates data from 415 individual forest carbon projects historically. It examines a variety of strategies for injecting financial resources into projects that save or plant forests that capture carbon.