Enhanced Financial Mechanisms for Post 2012 Mitigation

Despite the many calls to reform the CDM, its conceptual underpinnings are strong and it will most likely survive in the post-2012 climate regime. Some modifications may be considered in the short term to strengthen the effectiveness and transparency of the mechanism without modifying the Marrakesh...

Full description

Bibliographic Details
Main Authors:	Figueres, Christiana, Streck, Charlotte
Language:	English
Published:	Washington, DC: World Bank 2012
Subjects:	World Development Report 2010
Online Access:	http://hdl.handle.net/10986/9094

id	okr-10986-9094
recordtype	oai_dc
spelling	okr-10986-90942021-04-23T14:02:44Z Enhanced Financial Mechanisms for Post 2012 Mitigation Figueres, Christiana Streck, Charlotte World Development Report 2010 Despite the many calls to reform the CDM, its conceptual underpinnings are strong and it will most likely survive in the post-2012 climate regime. Some modifications may be considered in the short term to strengthen the effectiveness and transparency of the mechanism without modifying the Marrakesh Accords. In the medium term substantially increased mitigation efforts in developing countries may require a combination of three possible financial mechanisms: 1) the current activity-based CDM albeit improved; 2) a second market mechanism that would seek to improve the long term emission trends of developing countries by promoting broad based emission reduction programs primarily in the private sector; and 3) a third financial mechanism outside of the market which would be an incentive for the adoption of policy changes leading to a low carbon path, but where emission reductions would not be used as international offsets. 2012-06-26T15:38:23Z 2012-06-26T15:38:23Z 2010 http://hdl.handle.net/10986/9094 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Africa Europe and Central Asia Middle East and North Africa Latin America & Caribbean East Asia and Pacific South Asia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	World Development Report 2010
spellingShingle	World Development Report 2010 Figueres, Christiana Streck, Charlotte Enhanced Financial Mechanisms for Post 2012 Mitigation
geographic_facet	Africa Europe and Central Asia Middle East and North Africa Latin America & Caribbean East Asia and Pacific South Asia
description	Despite the many calls to reform the CDM, its conceptual underpinnings are strong and it will most likely survive in the post-2012 climate regime. Some modifications may be considered in the short term to strengthen the effectiveness and transparency of the mechanism without modifying the Marrakesh Accords. In the medium term substantially increased mitigation efforts in developing countries may require a combination of three possible financial mechanisms: 1) the current activity-based CDM albeit improved; 2) a second market mechanism that would seek to improve the long term emission trends of developing countries by promoting broad based emission reduction programs primarily in the private sector; and 3) a third financial mechanism outside of the market which would be an incentive for the adoption of policy changes leading to a low carbon path, but where emission reductions would not be used as international offsets.
author	Figueres, Christiana Streck, Charlotte
author_facet	Figueres, Christiana Streck, Charlotte
author_sort	Figueres, Christiana
title	Enhanced Financial Mechanisms for Post 2012 Mitigation
title_short	Enhanced Financial Mechanisms for Post 2012 Mitigation
title_full	Enhanced Financial Mechanisms for Post 2012 Mitigation
title_fullStr	Enhanced Financial Mechanisms for Post 2012 Mitigation
title_full_unstemmed	Enhanced Financial Mechanisms for Post 2012 Mitigation
title_sort	enhanced financial mechanisms for post 2012 mitigation
publisher	Washington, DC: World Bank
publishDate	2012
url	http://hdl.handle.net/10986/9094
_version_	1764408443800649728

Enhanced Financial Mechanisms for Post 2012 Mitigation

Similar Items