Journal article
The clean development mechanism's contribution to sustainable development: A review of the literature
UNEP Risoe Centre on Energy, Climate and Sustainable Development (URC), Systems Analysis Division, Risø National Laboratory for Sustainable Energy, Technical University of Denmark1
Systems Analysis Division, Risø National Laboratory for Sustainable Energy, Technical University of Denmark2
Risø National Laboratory for Sustainable Energy, Technical University of Denmark3
The challenges of how to respond to climate change and ensure sustainable development are currently high on the political agenda among the world's leading nations. The Clean Development Mechanism (CDM) is part of the global carbon market developing rapidly as part of the Kyoto response towards the mitigation of global warming.
One of the aims of the CDM is to achieve sustainable development in developing countries, but uncertainty prevails as to whether the CDM is doing what it promises to do. Close to 200 studies on the CDM have been carried out since its birth in 1997 including peer-reviewed articles and reports from the grey literature.
This review of the literature serves to assess the state of knowledge on how the CDM contributes to sustainable development (SD) including poverty alleviation. The main finding of the review is that, left to market forces, the CDM does not significantly contribute to sustainable development.
| Language: | English |
|---|---|
| Publisher: | Kluwer Academic Publishers |
| Year: | 2007 |
| Pages: | 59-73 |
| Journal subtitle: | An Interdisciplinary, International Journal Devoted To the Description, Causes and Implications of Climatic Change |
| ISSN: | 15731480 and 01650009 |
| Types: | Journal article |
| DOI: | 10.1007/s10584-007-9267-y |
| ORCIDs: | Olsen, Karen Holm |
