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Jørund Buen


Clarifications recently published by the CDM Executive Board (EB) and the Joint Implementation Supervisory Committee (JISC) regarding the period beyond 2012 brush aside any doubts about the future role of the CDM, and also provide more clarity on the post-2012 role of JI. The clarifications came as something of a surprise following an earlier analysis issued by the UNFCCC Secretariat on the implications of a gap between commitment periods that had signaled a much more uncertain future for both. The message this time is very clear: all components of the CDM will continue to be operational post-2012, regardless of whether Annex I countries inscribe post-2012 emission limitation and reduction targets in the Kyoto Protocol or not.


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