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Summary:

"The Clean Development Mechanism (CDM) is one of the "flexibility mechanisms" defined in the Kyoto Protocol and is an essential part of the current climate change regime. The CDM has been constantly evolving in order to ensure that it fulfils its objectives of mitigating climate change and contributing to sustainable development in developing countries. The first CDM project was registered in 2004 and there are now about 3,500 registered projects, expected to reduce over 500 million tonnes of carbon dioxide annually and over 2 billion tonnes by the end of 2012. Nevertheless, the CDM is still not perfect, and one of its main problems is the inequitable geographic distribution of projects among developing countries. Although there are currently 123 developing countries that are eligible to participate in the CDM, only 69 countries do so. Of this number, four countries (China, India, Brazil and Mexico) account for about 75% of the projects in the CDM pipeline and most of the 69 host countries host just 1 or 2 projects. Understandably, this is a problem that countries are very keen to address, and since 2001, even before the first project was registered, countries have been highlighting the need to ensure that projects are equitably distributed among participating countries. This book looks at distributive justice under the CDM regime and focuses on the issue of equity in the geographic distribution of CDM projects among developing countries. The book investigates relevant aspects of theory and international law with the aim of identifying the legal characteristics of equitable distribution or distributive justice, in order to establish what equitable distribution in the CDM should look like. The book examines the approaches to equity in international law; the climate change regime; theories of distributive justice; and various international regimes that aim at achieving equity in the distribution of a resource or benefit. Based on these investigations, this book provides a definition of equitable distribution under the CDM and identifies the key barriers to equitable distribution of projects and makes recommendations on how to overcome these barriers. This book will be the authority on distributive justice under the CDM, as there is no other book on this topic and no article that deals thoroughly with the issue. "-- [Provided by publisher]
"The Clean Development Mechanism (CDM) defined in the Kyoto Protocol is an essential part of the current climate change regime. The CDM has been constantly evolving in order to ensure that it fulfils its objectives of mitigating climate change and contributing to sustainable development in developing countries. Nevertheless, the CDM is still not perfect, and one of its main problems is the inequitable geographic distribution of projects among developing countries. Understandably, this is a problem that countries are very keen to address, and since 2001, even before the first project was registered, countries have been highlighting the need to ensure that projects are equitably distributed among participating countries. This book looks at distributive justice under the CDM regime and focuses on the issue of equity in the geographic distribution of CDM projects among developing countries. The book investigates relevant aspects of theory and international law with the aim of identifying the legal characteristics of equitable distribution or distributive justice in order to establish what equitable distribution in the CDM should look like. The book examines the approaches to equity in international law; the climate change regime; theories of distributive justice; and various international regimes that aim to achieve equity in the distribution of a resource or benefit. Based on these investigations, Tomilola Akanle breaks new ground in defining equitable distribution under the CDM and by exploring how key obstructions to the equitable distribution of projects may be overcome. The book will be of particular interest to academics and policymakers of climate change and the CDM within international law"-- [Provided by publisher]

Table of Contents:

• Machine generated contents note: pt. I Introduction
• 1. Introduction
• 2. Clean Development Mechanism
• 2.1. Overview of the CDM
• 2.2. need for equitable geographic distribution
• pt. II Defining equitable distribution
• 3. Equity under the international climate change regime
• 3.1. Protecting the climate for current and future generations on the basis of equity
• 3.2. Common but differentiated responsibilities and respective capabilities
• 3.3. Right to promote sustainable development
• 3.4. Conclusion
• 4. International law's approach to distributive justice
• 4.1. Delimitation of maritime boundaries
• 4.2. Deep seabed regime
• 4.3. Fisheries regime
• 4.4. International watercourses regime
• 4.5. Conclusion
• 5. Meaning of equitable geographic distribution of CDM projects
• 5.1. Possible elements of equitable geographic distribution
• 5.2. Definition of equitable geographic distribution

• 6. Distribution of CDM projects in practice: is the current geographic distribution equitable?
• 6.1. Need
• 6.2. Emission reduction potential
• 6.3. CDM potential and the current geographic distribution of projects
• 6.4. Analysis of the geographic distribution of CDM projects
• 6.5. Conclusion
• pt. III Achieving equitable distribution
• 7. Barriers to equitable distribution: part I
• 7.3. Lack of capacity and local expertise
• 7.2. Cost-related barriers
• 7.3. Preference for large-scale projects
• 8. Barriers to equitable distribution: part II
• 8.1. unilateral CDM structure
• 8.2. market-based nature of the CDM
• 8.3. Conclusion
• 9. Measures for promoting equitable distribution
• 9.1. Addressing the capacity barrier
• 9.2. Addressing the transaction costs barrier
• 9.3. Addressing the size of projects barrier
• 9.4. Barriers not being addressed under the CDM regime
• 9.5. Conclusion
• 10. Lessons for a new market mechanism and recommendations
• 10.1. Building countries' capacity
• 10.2. Restricting eligibility for the CDM loan scheme
• 10.3. Establishing a project development and implementation fund
• 10.4. Establishing a CDM matchmaking service
• 10.5. Mandating consideration of countries' sustainable development potential
• 10.6. Promoting the CDM as socially responsible investing
• 10.7. Limiting the percentage of unilateral projects
• 11. Conclusion.

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Author/Creator:

Akanle, Tamilola (Akanle Eni-Ibukun)

Languages:

English

Language Notes:

Item content: English

Main Work:

International environmental law and distributive justice [by Akanle, T.]

Related Series:

Routledge research in international environmental law

Subjects:

United Nations Framework Convention on Climate Change (1992) — Protocols, etc. 1997 December 11

Greenhouse gases — Law and legislation — Developing countries

Climatic changes — Law and legislation — Developing countries

Emissions trading — Law and legislation — Developing countries

Carbon dioxide mitigation — Law and legislation — Developing countries

Climatic changes — Government policy — International cooperation

Greenhouse gases — Government policy — International cooperation

Global warming — Government policy — International cooperation

Environmental law, International

General Notes:

Includes bibliographical references (pages 123-128) and index.
Electronic reproduction. Ipswich, MA Available via World Wide Web.
Description based on print version record.

Physical Description:

1 online resource.

Call Numbers:

K3585.5 .A95 2014

ISBNs:

1136020802 (electronic bk.)
9781136020803 (electronic bk.)
9780415659604 (hbk) [Invalid]
0415659604 (hbk) [Invalid]

OCLC Numbers:

1053530419

Other Control Numbers:

666915 (source: EbpS)
[Unknown Type]: ybp11379484