Study on Clean Development Mechanism, Quantitative and Sustainable Mechanism

Aiming at the system and market problem of clean development mechanism (CDM), this study is carried out to establish the feasibility of certified emission reduction (CER) quantitative evaluation method and reserve mechanism in host country at the United Nations Framework Convention on Climate Change...

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Bibliographic Details
Main Authors: Donghai Yuan, Lipeng Zheng, Yuan Cao, Xufeng Mao, Xueju Huang, Liansheng He, Junqi Li, Mingshun Zhang
Format: Article
Language:English
Published: Wiley 2015-01-01
Series:Advances in Meteorology
Online Access:http://dx.doi.org/10.1155/2015/765472
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Summary:Aiming at the system and market problem of clean development mechanism (CDM), this study is carried out to establish the feasibility of certified emission reduction (CER) quantitative evaluation method and reserve mechanism in host country at the United Nations Framework Convention on Climate Change (UNFCCC) level. After the introduction of CER quantitative and sustainable mechanism, the amount of CER that can enter the market was cut to a quarter, which reduces about 75% of the expected CER supply. Market CER from the technology types of higher CER market share and lower support for sustainable development appears to have different degrees of reduction. As for the technology types of lower CER market share and higher support for sustainable development, the amount of market CER is maintained in line with prevailing scenario, and market CER supply becomes more balanced.
ISSN:1687-9309
1687-9317