The Clean Development Mechanism: Special Considerations for Renewable Energy Projects
Article from: OGEL 2 (2007), in Renewable Energy
This paper discusses the barriers and opportunities for renewable energy projects under the Kyoto Protocol's Clean Development Mechanism ("CDM"). CDM can be an effective tool to complement other national and regional regulatory frameworks to encourage the market for renewable energy. 2005, the first year of the Kyoto Protocol's entry into force, saw a marked increase in the number of renewable energy projects registered under the CDM and also the identification of a number of inadequacies and inefficiencies in the CDM rules and market practice. Many of these inadequacies and ...