The Clean Development Mechanism (CDM) An Early History of Unanticipated Outcomes

Following the Earth Summit in Rio de Janeiro in 1992, countries took up the difficult task of finding a common approach that would slow down the build-up of greenhouse gas emissions in the atmosphere and delay changes to the planet's climate. To address this concern, several flexible mechanisms were designed, including the CDM. This book is about the economic assessment of certain CDM performances, but also its future sustainability and trajectory.