The Clean Development Mechanism (CDM) is in crisis. More and more market participants are leaving the sector. In the light of this development, some argue that governments should step in as buyers of Certified Emission Reductions (CERs). Given the limited volumes of public funding, however, governments will have to prioritise some projects over others. This policy brief therefore analyses national purchase programmes and multilateral carbon funds in order to identify criteria public investors are applying in the selection of the projects they finance. The aim is to identify a vision of a high quality CDM project that be can be made use of when designing a possible support program me.
Kreibich, N.; Sterk, W.; Arens, C.: How to Define a Good Offset Project? Buyers’ Definitions of High-Quality Projects. JIKO Policy Brief 03/2014. Wuppertal Institute for Climate, Environment and Energy. Wuppertal - 30 p., 4 tables.
Date: October 2014
Type: Policy Brief