Reconciling environment and development in the clean development mechanism

摘要: Abstract Providing a mechanism for financial transfers from the North to South, Clean Development Mechanism (CDM) aims fund afforestation projects resulting in both reduced atmospheric carbon dioxide and sustainable development. One attractive feature of CDM is that unlike other emerging trading schemes it offers means promote development, which poor country must include providing people with income-earning opportunities. In practice however, may fail address four issues key this possibility: ownership, price, transaction costs, use rights. The failure these ultimately could lead benefit elite landowners at expense poor. However, recognition oversight provides opportunities work communities worldwide facilitate collective action required make them. Such focus holds ensuring achieves twin objectives environmental...