At the time of the Kyoto protocol, Brazil came up with the idea of a clean development fund, now the clean development mechanism, for helping developing countries engage in cutting emissions.
To ensure continuation of the Kyoto process, delegates can plan steps to consider: ratcheting up the targets and timetables for reducing greenhouse gases, and establishing a "clean development fund" to build markets for clean energy technologies.
The results also showed that institutional development, social capital and education, economic instruments for environmental protection, monitoring and informing, a clean development mechanism, and sustainable government are key means for encouraging sustainable development.
But before the treaty was finalized in 1997, the United States led a push to replace the enforcement mechanism -- a fine for missing reduction targets paid into a clean development fund -- with a market mechanism meant to lower the cost of compliance for polluting companies.
The ETH Global perspective is that developing countries are an opportunity and a growing market for smart, clean development.
It is likely that this focus will enable some progress on sub-agreements–such as the long-term "common vision," REDD and new architectures for the clean development mechanism.
Zomer, R. J., Trabucco, A., Bossio, D. A. & Verchot, L. V. Climate change mitigation: a spatial analysis of global land suitability for clean development mechanism afforestation and reforestation.
The solution to it is to give a certain degree of discretionary elements to each party in designing criteria for clean development mechanism (CDM) projects.
These days the talk is of how growth will be sacrificed for "clean development," but there are few signs of clean air and plenty of new coal-fired power plants, port expansions, construction cranes and goods from cars to solar panels churned out by mass-production lines.
The Mediterranean basin countries on the one hand are considered a climate change vulnerability "hotspot", while on the other they obtain a substantial potential for the implementation of clean development mechanism (CDM) projects and especially for North Africa region.
