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The Clean Development Mechanism and Its Controversies

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  • Karp, Larry

Abstract

The Clean Development Mechanism (CDM) has been proposed as a means of reducing the costs of abating greenhouse gasses, and for assisting developing countries. Although the CDM offers apparent environmental benefits, in addition to benefiting both investors and developing country hosts, it has generated considerable controversy. We review and evaluate the arguments surrounding the CDM and we provide new empirical evidence concerning its potential benefits.

Suggested Citation

  • Karp, Larry, 2004. "The Clean Development Mechanism and Its Controversies," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt7h93z3b9, Department of Agricultural & Resource Economics, UC Berkeley.
    • Handle: RePEc:cdl:agrebk:qt7h93z3b9
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    1. Karp, Larry & Paul, Thierry, 1994. "Phasing In and Phasing Out Protectionism with Costly Adjustment of Labour," Economic Journal, Royal Economic Society, vol. 104(427), pages 1379-1392, November.
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    Cited by:

    1. W. Neil Adger & Saleemul Huq & Katrina Brown & Declan Conway & Mike Hulme, 2003. "Adaptation to climate change in the developing world," Progress in Development Studies, , vol. 3(3), pages 179-195, July.
    2. Jinshan Zhu, 2017. "Assessing China’s price review policy on Clean Development Mechanism projects," European Journal of Law and Economics, Springer, vol. 43(2), pages 285-316, April.
    3. Shreekant Gupta, 2003. "Implementing Kyoto-type Flexibility Mechanisms for India: Issues and Prospects," Working papers 117, Centre for Development Economics, Delhi School of Economics.
    4. Shreekant Gupta, 2000. "Incentive-Based Approaches for Mitigating Greenhouse Gas Emissions: Issues and Prospects for India," Working papers 85, Centre for Development Economics, Delhi School of Economics.
    5. Shreekant Gupta, 2010. "Incentive Based Approaches for Mitigating Greenhouse Gas Emmissions : Issues And Prospects for India," Working Papers id:2638, eSocialSciences.

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