Addressing Market Failures in the CDM: A Funding-based Approach journal article Rudi Lof Carbon & Climate Law Review, Volume 3 (2009), Issue 1, Page 6 et to function perfectly, products need to be homogeneous and information needs to be certain and widely diffused (in addition to several other factors). However, the current market facing potential investors in the Clean Development Mechanism (CDM) fails on both of these critical issues. First, using energy generation as an example, despite evidence that would suggest that coal plants can be effectively compared to wind farms, both investors and banks typically lack the specific knowledge necessary to properly evaluate renewable energy, w
Transitioning from the CDM to a Clean Development Fund journal article Grant Boyle, Jennifer Kirton, Rudi Lof, Tanya Nayler Carbon & Climate Law Review, Volume 3 (2009), Issue 1, Page 9 stitutions and instruments that will serve as the foundation of international climate cooperation over the coming decades. One of the major tasks will be to assess the performance to date of the Clean Development Mechanism (CDM). The CDM is an emissions trading offset system that allows developed countries to meet their Kyoto targets by investing in emissions reduction projects in developing countries, where greenhouse gas (GHG) abatement is expected to be cheaper than it is in developed countries. At the same time, the CDM has the added p
Climate Litigation and Nationally Determined Contributions: Above and Beyond Accountability Jorge Alejandro Carrillo Bañuelos
The Impact of Climate Change on Human Rights and the Legal Obligations of States to Protect Them – A Comparative Jurisdictional Analysis Zunaida Moosa Wadiwala