Published: 23 Nov 2005
Type: Publication
The CSI views the Clean Development Mechanism (CDM) as a key element in responding to the climate change challenge, and is interested in encouraging its more widespread use. This paper summarizes our collective experience trying to use the current CDM process, identifies what we have found to be barriers to greater use, and offers suggestions for improvement.
Our hope is to provide practical improvements to what many in industry view as current shortcomings to the CDM process. CDM is a promising instrument but slow to gain use, we believe, because of complex rules, long procedures and the perceived lack of objective standards in the current approach to “additionality.”