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CDM - Would It All Have Happened Anyway? Who Wins?

June 3, 2008

Analysis of:Billions wasted on UN climate programme | www.guardian.co.uk

The requirement to satisfactorily prove additionality as part of any CDM application limits the extent to which projects that would have happened anyway slip through to benefit from the CDM process. However, it is almost certain that the inherent difficulty in proving (or disproving) additionality has seen some misuse of the system. On the other hand, CDM has encouraged low-hanging-fruit CDM projects in countries like China and India, where the attractive compensation for carbon avoidance at relatively low local cost - landfill and mine off-gassing, for example - has seen projects realized (and CO2 avoided) where it would otherwise not be the case. But it has not supported the one sector that it had hoped to benefit - the renewable energy sector.

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