Institutional Capacity to Integrate Economic Development and Climate Change Considerations. An Assessment of DNAs in Latin America and the Caribbean
The Clean Development Mechanism (CDM) is the only market mechanism in the Kyoto Protocol that is open to the participation of developing countries. The CDM was established to: (1) Assist developing countries in achieving sustainable development; (2) Assist developing countries in contributing to the stabilization of greenhouse gas concentrations in the atmosphere, the ultimate goal of the U.N. Convention on Climate Change; and (3) Assist industrialized countries in achieving compliance with their emissions reductions commitments under the Protocol. While the text of the Protocol does not prioritize any one of these goals, current efforts to develop the CDM tend, even if unintentionally, to give more weight to helping industrialized countries meet their eventual reduction obligations. Current CDM efforts fall sadly short of assisting developing countries in achieving sustainable development or contributing to the stabilization of emissions concentrations. This disparity can be traced back to the historical roots of the CDM, and continues to this day. This study assesses existing institutional capacity to integrate economic development and climate change considerations in Latin America and the Caribbean. The study covers a total of twenty countries in the region,1 and is composed of three parts: (1) An assessment of the current institutional provisions for CDM in each of the twenty countries; (2) Select case studies of successful and failed linkages between GHG mitigation and economic development activities; (3) An examination of capacity building efforts to date in the region, and identification of strategic gaps. The study concludes with a view toward a sectoral CDM for the second commitment period, and recommendations on further actions that the Inter-American Development Bank (IDB) may want to consider for its own participation in the CDM market. The annexes are published in a separate document.
- Research Organization:
- Environment Division, Sustainable Development Department, Inter-American Development Bank, Washington DC (United States)
- OSTI ID:
- 20642661
- Country of Publication:
- United States
- Language:
- English
Similar Records
WE-A-16A-01: International Medical Physics Symposium: Increasing Access to Medical Physics Education/Training and Research Excellence
Multi-project baselines for potential clean development mechanism projects in the electricity sector in South Africa