Climate Policy and Development - 9781840643312

Climate Policy and Development - 9781840643312

Climate Policy and DevelopmentFlexible Instruments and Developing Countries\nAuthor(s): Axel Michaelowa, Michael Dutschke\nFormat: Hardback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781840643312, 978-1840643312\nSynopsis\nIndustrialized countries strive to fulfil at least part of their obligation to reduce greenhouse gases by investing in projects in developing countries rather than at home. Developing countries have been rather critical of this idea. This book outlines the development of the international negotiations on the subject and analyses different design options for the Clean Development Mechanism (CDM), taking into account the interests of various groups, especially host countries. Two case studies - one on a renewable energy project in Indonesia and another on Costa Rican climate policy - show the problems that are likely to be encountered by CDM and illustrate the importance of active host country involvement.

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