A Critical Assessment of the Clean Development Mechanism
Chapter 7: Concluding remarks
The goal of this book has been to take a critical view of the CDM by analyzing its potential effects on incentives for own climate change mitigation in the South. While mitigation efforts have historically been the domain of industrialized countries, it is now clear that in order to avoid dangerous climate change developing countries will need to contribute to the mitigation effort as well. In the words of Ross Garnaut: If per capita emissions are to fall to the required global average level in each country, emissions entitlements per person in developed countries will need to fall by around 90 percent. Emissions entitlements per person will need to fall substantially in some developing countries . . . It may be objected that these outcomes are unacceptable to developing countries, either because the international discussion of the 1990s assured them that they would not be required to make adjustments at a cost to themselves until the developed countries had reduced emissions by more than they have yet done; or because it is unfair that their economic development should have to carry a carbon cost burden that was not imposed on developed countries at earlier stages of their development.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.