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Estimating the CDM market under the Marrakech Accords

Jotzo, Frank; Michaelowa, Axel


The agreement on implementation of the Kyoto Protocol achieved at COP7 in Marrakech has important implications for investment in greenhouse gas emission reduction projects in developing countries through the Clean Development Mechanism (CDM). The required actual emission reductions for participating Annex B countries overall will be relatively small, as the United States do not intend to ratify the protocol and significant amounts of carbon sequestered in domestic sinks can be credited. In...[Show more]

CollectionsANU Research Publications
Date published: 2002
Type: Journal article
Source: Climate Policy
DOI: 10.1016/S1469-3062(02)00035-9


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