Will the Clean Development Mechanism Mobilize Anticipated Levels of Mitigation?

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dc.creatorRahman, Shaikh M.
dc.creatorDinar, Ariel
dc.creatorLarson, Donald F.
dc.date2012-03-19T18:38:43Z
dc.date2012-03-19T18:38:43Z
dc.date2010-03-01
dc.date.accessioned2026-07-01T01:11:44Z
dc.descriptionUnder the Kyoto Protocol, developed countries can only tap mitigation opportunities in developing countries by investing in projects under the Clean Development Mechanism. Yet Clean Development Mechanism investments have so far failed to reach many of the high-potential sectors identified by the Intergovernmental Panel on Climate Change. This raises doubts about whether the Clean Development Mechanism can generate an adequate supply of credits from the limited areas where it has proved successful. This paper examines the current trajectory of mitigation projects entering the Clean Development Mechanism pipeline and projects it forward under the assumption that the diffusion of the Clean Development Mechanism will follow a path similar to other innovations. Projections are then compared with pre-Clean Development Mechanism predictions of the mechanism s potential market size to discern whether limits on the types of projects entering the pipeline have limited the expected supply of certified emission reductions. Parameter tests suggest that this is not the case and that currently identified Clean Development Mechanism investments will generate offsets in excess of early model predictions. In particular, under favorable circumstances, the mechanism is on track to deliver an average annual flow of roughly 700 million certified emission reductions by the close of 2012 and nearly to 1,100 million certified emission reductions by 2020.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100316150946
dc.identifierhttps://hdl.handle.net/10986/3726
dc.identifier10.1596/1813-9450-5239
dc.identifier.urihttp://hdl.handle.net/123456789/416004
dc.languageEnglish
dc.relationPolicy Research working paper ; no. WPS 5239
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectABATEMENT
dc.subjectABATEMENT COST
dc.subjectAFFORESTATION
dc.subjectAIR
dc.subjectAPPROACH
dc.subjectATMOSPHERE
dc.subjectBIOMASS
dc.subjectBIOMASS ENERGY
dc.subjectCAPS
dc.subjectCARBON DIOXIDE
dc.subjectCARBON DIOXIDE EQUIVALENT
dc.subjectCARBON MARKETS
dc.subjectCARBON PRICES
dc.subjectCEMENT
dc.subjectCEMENT PRODUCTION
dc.subjectCERTIFIED EMISSION REDUCTION
dc.subjectCERTIFIED EMISSION REDUCTIONS
dc.subjectCLEAN DEVELOPMENT
dc.subjectCLEAN DEVELOPMENT MECHANISM
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCO2
dc.subjectCOAL
dc.subjectDIFFUSION
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC MODELS
dc.subjectELECTRIC POWER
dc.subjectELECTRIC POWER GENERATION
dc.subjectELECTRICITY
dc.subjectEMISSION
dc.subjectEMISSION LEVELS
dc.subjectEMISSION REDUCTION
dc.subjectEMISSION REDUCTION TARGETS
dc.subjectEMISSION REDUCTION UNITS
dc.subjectEMISSION-REDUCTION
dc.subjectEMISSIONS REDUCTIONS
dc.subjectENERGY SUPPLY
dc.subjectENVIRONMENTAL BENEFITS
dc.subjectENVIRONMENTAL INTEGRITY
dc.subjectFORESTRY
dc.subjectFORESTS
dc.subjectFOSSIL
dc.subjectFOSSIL FUEL
dc.subjectFOSSIL FUEL SWITCH
dc.subjectGHG
dc.subjectGREENHOUSE
dc.subjectGREENHOUSE GAS
dc.subjectGREENHOUSE GAS EMISSIONS
dc.subjectGREENHOUSE GASES
dc.subjectHFCS
dc.subjectHOT AIR
dc.subjectHYDROFLUOROCARBONS
dc.subjectINNOVATIONS
dc.subjectINVESTMENT STRATEGIES
dc.subjectIPCC
dc.subjectIRON
dc.subjectLANDFILL
dc.subjectLANDFILL GAS
dc.subjectLEARNING
dc.subjectLOW-CARBON
dc.subjectMEDIA
dc.subjectMETHANE
dc.subjectN2O
dc.subjectOFFSET PROJECTS
dc.subjectPFCS
dc.subjectPIPELINE
dc.subjectPIPELINE PROJECTS
dc.subjectPOLICY IMPLICATIONS
dc.subjectPOLICY MAKERS
dc.subjectPOWER GENERATION
dc.subjectPROGRAMS
dc.subjectSCENARIOS
dc.subjectSF6
dc.subjectSUPPLY SIDE
dc.subjectTECHNOLOGY TRANSFER
dc.subjectTONS OF CARBON
dc.subjectTOTAL EMISSION REDUCTIONS
dc.subjectUNCERTAINTIES
dc.subjectUNEP
dc.subjectVERIFICATION PROCESS
dc.subjectWIND
dc.titleWill the Clean Development Mechanism Mobilize Anticipated Levels of Mitigation?

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