Climate Action Network Submission on Options for CDM Reform

Wednesday, March 11, 2009

Climate Action Network International's submission to UNFCCC on CDM reform after the Kyoto Protocol (2012) can be downloaded here and found below.

The submission states that "In CAN's view, discussions about the future of the flexible mechanisms should be firmly grounded in an analysis of their performance so far. In particular, the Clean Development Mechanism (CDM) has failed to meet its dual objectives of supporting cost-effective climate change mitigation and sustainable development in developing countries. In the second commitment period, the CDM requires fundamental restructuring or replacement, and should not continue or be expanded without fundamental reform. Any possible new market mechanisms would need to build on lessons learned."

International Rivers is a member of CAN, a coalition of more than 400 environmental and development NGOs in 85 countries, committed to limiting human-induced climate change to ecologically sustainable levels.

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