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| Lile, Ronald D.; Powell, Mark R.; Toman, Michael. |
| The "Clean Development Mechanism" (CDM) contained in the December 1997 Kyoto Protocol to the United Nations Framework Convention on Climate Change provides, for the first time, the capacity for industrialized countries to claim credits for greenhouse gas (GHG) emissions reductions or offsets undertaken in cooperation with host developing countries. However, the Protocol provides no guidance on how these cooperative activities for GHG reduction and sustainable development would be undertaken in practice, including the particularly important issue of the relationship of the private sector vis-à-vis government institutions in designing, financing, and securing approval for jointly implemented GHG abatement projects. The pilot program for "Activities... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Climate change; Joint implementation; Environmental Economics and Policy; Q28; F21. |
| Ano: 1998 |
URL: http://purl.umn.edu/10868 |
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| Powell, Mark R.; Lile, Ronald D.; Toman, Michael. |
| This paper assesses the constraints and opportunities for private-sector participation in Activities Implemented Jointly under the United Nations Framework Convention on Climate Change. After some initial background, the discussion turns to the United States Initiative on Joint Implementation (USIJI) - its objectives, proposal review and evaluation criteria, and a classification of project proposals by project type and stage of development. Two USIJI projects are developed as case studies. One case is an energy end use project that has gained formal acceptance and financing. The other case is an energy production project proposal that has not secured acceptance or financing. In both cases, transaction costs were substantial, and project proponents regarded... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Climate change; Joint implementation; Public Economics; Q28; F21. |
| Ano: 1997 |
URL: http://purl.umn.edu/10555 |
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