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Mapping the Indicators

An Analysis of Sustainable Development Requirements of Selected Market Mechanisms and Multilateral Institutions

A robust assessment of the impact of sustainable development in CDM projects is important to ensure the social and ecological integrity of the mechanism and compliance with the objective of contributing to sustainable development as stated in the Kyoto Protocol. Research and best practice experience into how sustainable development issues are integrated into mitigation actions through the CDM Sustainable Development Tool and other respective standards can help inform the development of Nationally Appropriate Mitigation Actions (NAMAs) and future mechanisms on sustainable development assessment methods.

As sustainable development is a complex multilayer process covering environmental as well as social and economic aspects that can be affected both positively and negatively, there is a variety of possibilities of how to assess the impact an intervention may have. The high number of approaches analysed by this study reflects this. The researchers assessed the Sustainable Development Tool against international standards for sustainability assessment by comparing it with other mechanisms such as voluntary carbon offset schemes as well as emerging policy frameworks.

This paper reports on the first work package of the underlying research project. The aim of this work package is to qualitatively assess the suitability and comprehensiveness of the current SD tool against international level standards for sustainability assessment by comparing it to other flexible mechanisms such as voluntary carbon offset schemes as well as emerging policy frameworks such as REDD+, NMM and the Green Climate Fund.

 

Arens, C., Mersmann, F., Beuermann, C., Rudolph, F., Olsen, K., Fenhann, J.: Mapping the Indicators - An Analysis of Sustainable Development Requirements of Selected Market Mechanisms and Multilateral Institutions. Wuppertal Institute for Climate, Environment and Energy & UNEP DTU Partnership. Wuppertal/Copenhagen - 38 p., 7 tables.


Date: December 2014
Type: Study