clean development mechanism's contribution to sustainable development: a review of the literature

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...

Full description

Saved in:
Bibliographic Details
Published in:Climatic change 2007-09, Vol.84 (1), p.59-73
Main Author: Olsen, Karen Holm
Format: Article
Language:English
Subjects:
Applied sciences
Atmospheric pollution
Carbon
carbon markets
Clean Development Mechanism
Climate change
Climatology. Bioclimatology. Climate change
Debates
Developing countries
Development sociology
Earth, ocean, space
Exact sciences and technology
External geophysics
Global warming
Greenhouse effect
Grey literature
Industrialized nations
Kyoto Protocol
LDCs
Literature reviews
Meteorology
politics
Pollution
Poverty
risk reduction
Sociology
Sociology of economy and development
Sustainability
Sustainable development
uncertainty
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary: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.
ISSN:0165-0009
1573-1480
DOI:10.1007/s10584-007-9267-y