Climate Change Mitigation in Developing Countries

Climate Change Mitigation in Developing Countries

A Critical Assessment of the Clean Development Mechanism

Paula Castro

In this groundbreaking book, Paula Castro presents the first systematic categorization of positive and negative incentives generated by the Clean Development Mechanism (CDM) for climate change mitigation in the Global South.

Acknowledgements

Paula Castro

Subjects: development studies, development economics, economics and finance, development economics, environmental economics, environment, climate change, environmental economics, environmental politics and policy

Extract

My first contact with the Clean Development Mechanism (CDM) was back in 2002, when I attended a distance course on the CDM project cycle and opportunities organized by the World Bankís Carbon Finance Unit. Although I was intrigued by this new opportunity for clean development in developing countries, my career first took me through other paths ñ waste management, environmental education, environmental impact assessment, biofuels . . . It was only in 2007 that I got to know Axel Michaelowa and decided to engage in the adventure of pursuing a PhD on that very subject that had captured my attention a few years earlier. Over ten years after that first contact, this book is the result of about five years of research and work on the Kyoto Protocol and its main instrument for engaging developing countries in climate change mitigation: the CDM.