Lütken, Søren Ender; Michaelowa, Axel - 2008
This book assesses the structure of projects under the Clean Development Mechanism (CDM) of the Kyoto Protocol. It … book arrives at three fundamental, interconnected, conclusions: CDM is logically a unilaterally driven investment activity …; CDM investment is an irrelevant compliance instrument for companies from industrialised countries and that this state of …