The Target is to examine new method of setting baseline for Clean Development Mechanism proposed by the CDM-EB at UN. The proposal is to reduce transaction costs so that projects in smaller countries can be supported and focus is placed more on energy efficiency projects.Stuies are based on...

After five years of Kyoto Protocol, now it is the time to review its impact and possible improvement, although KP itself in a sense suffers from a decline in the number of countries accepting emission quota. One notable feature of KP was the introduction of baseline-credit mechanism called the...