The Clean Development Mechanism (CDM)

Download or read book The Clean Development Mechanism (CDM) written by Ariel Dinar and published by World Scientific Publishing Company. This book was released on 2013 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the Earth Summit in Rio de Janeiro in 1992, countries took up the difficult task of finding a common approach that would slow down the build-up of greenhouse gas emissions in the atmosphere and delay changes to the planet's climate. To address this concern, several flexible mechanisms were designed, including the CDM. This book is about the economic assessment of certain CDM performances, but also its future sustainability and trajectory.