Karp, Larry S.; Liu, Xuemei - In: The long-term economics of climate change : beyond a …, (pp. 265-285). 2001
The Clean Development Mechanism (CDM) has been proposed as a means of reducing the costs of abating greenhouse gasses, and for assisting developing countries. Although the CDM offers apparent environmental benefits, in addition to benefiting both investors and developing country hosts, it has...
