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The AIJ pilot phase as laboratory for CDM and JI

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  • Axel Michaelowa

Abstract

The Activities Implemented Jointly (AIJ) program has developed about 150 greenhouse gas reduction and sequestration projects in many economic sectors in over 40 countries during the last six years. Most of these projects are rather small and many of them have only been partially implemented due to lack of finance. The lack of emissions credits is the main reason. Only half a dozen investor countries and even less host countries have developed real national AIJ programs. The criteria of these programs have often delayed the acceptance of projects which have not really been implemented. Most of the implemented projects are commercially viable unless they have been financed by an investment subsidy. The problems of additionality and baseline determination, that manifest themselves in differing standards of baseline setting, did lead to a lot of research and proposals for methodologies. However, these methodologies have so many political implications that it has not been possible to get quick decisions on baseline rules for the CDM. Reporting has been shown to be one of the weak spots of the AIJ regime, as its quality is highly variable and data are not comparable, especially concerning costs.

Suggested Citation

  • Axel Michaelowa, 2002. "The AIJ pilot phase as laboratory for CDM and JI," International Journal of Global Environmental Issues, Inderscience Enterprises Ltd, vol. 2(3/4), pages 260-287.
    • Handle: RePEc:ids:ijgenv:v:2:y:2002:i:3/4:p:260-287
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    Citations

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    Cited by:

    1. Marc N. Conte & Matthew J. Kotchen, 2010. "Explaining The Price Of Voluntary Carbon Offsets," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 1(02), pages 93-111.
    2. Krey, Matthias & Michaelowa, Axel & Deodhar, Vinay, 2003. "Financing Structures for CDM Projects in India and Capacity Building Options for EU-Indo Collaboration," HWWA Discussion Papers 247, Hamburg Institute of International Economics (HWWA).
    3. Nives DolÅ¡ak & Maureen Dunn, 2006. "Investments in Global Warming Mitigation: The Case of “Activities Implemented Jointlyâ€\x9D," Policy Sciences, Springer;Society of Policy Sciences, vol. 39(3), pages 233-248, September.
    4. Nives Dolšak & Emily Crandall, 2013. "Do we know each other? Bilateral ties and the location of clean development mechanism projects," Climatic Change, Springer, vol. 118(3), pages 521-536, June.
    5. Deodhar, Vinay & Michaelowa, Axel & Krey, Matthias, 2003. "Financing Structures for CDM Projects in India and Capacity Building Options for EU-Indo Collaboration," Discussion Paper Series 26139, Hamburg Institute of International Economics.
    6. Ashish Aggarwal, 2014. "How sustainable are forestry clean development mechanism projects?—A review of the selected projects from India," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 19(1), pages 73-91, January.
    7. Olsen, Karen Holm & Fenhann, Jørgen, 2008. "Sustainable development benefits of clean development mechanism projects: A new methodology for sustainability assessment based on text analysis of the project design documents submitted for validatio," Energy Policy, Elsevier, vol. 36(8), pages 2773-2784, August.
    8. Kaneko, Shinji & Yonamine, Asaka & Jung, Tae Yong, 2006. "Technology choice and CDM projects in China: case study of a small steel company in Shandong Province," Energy Policy, Elsevier, vol. 34(10), pages 1139-1151, July.

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