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- W184349096 abstract "At present, it is unclear to what extent CERs are compatible with the QELRCs. As presently written, Article 12.10 of the Kyoto Protocol seems to imply that it is permissible for Annex I Parties to count banked emission reductions achieved through the CDM in the ‘interim period’ (2000 – 2007 inclusive), against annual emissions during the ‘commitment period’ (2008 – 2012 inclusive, see also chapter 1). Clearly, these two accounting procedures are not comparable, and such a procedure would create an imbalance between domestic emission reductions and those carried out through the CDM. The incentive to invest in domestic actions could be significantly reduced compared to the incentives for investments in non-Annex I Parties. In the worst case scenario, it would lead to a relaxation of the investor country’s QELRC target, seriously compromising the objectives of the Protocol." @default.
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- W184349096 date "1999-01-01" @default.
- W184349096 modified "2023-09-26" @default.
- W184349096 title "An Exploration of Possible Crediting Regimes for the CDM" @default.
- W184349096 doi "https://doi.org/10.1007/978-94-011-4687-6_5" @default.
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