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The Future of the CDM in a Post-Kyoto World


Charlotte Streck, Thiago Chagas

ormulates the common understanding of the leaders of the Group of Eight (G8) nations that “substantial” cuts in greenhouse gas (GHG) emissions are necessary to avoid, to the extent possible, catastrophic climate change. The international agreement to achieve such cuts will be negotiated in the context of the United Nations Framework Convention on Climate Change (UNFCCC), and the leaders of the most powerful industrialised nations have confirmed that it is their goal to “agree on a detailed contribution for a new global framework by the end


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