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Kyoto Mechanisms: Key Issues for Policy-makers for COP-6
Authors:Yamin  Farhana  Burniaux  Jean-Marc  Nentjes   Andries
Affiliation:(1) Foundation for International Environmental Law and Development, University of London, London, UK;(2) Organization for Economic Cooperation and Development (OECD), Paris, France;(3) Department of Agricultural Economics, Purdue University, 1145 Krannert Building, West Lafayette, Indiana 47907-1145, USA
Abstract:This article provides an assessment of the "Kyoto mechanisms" – joint implementation, Clean Development Mechanism (CDM) and emissions trading established pursuant to Articles 6, 12 and 17 of the Kyoto Protocol. It focuses on significant policy issues raised by supplementarity, liability, equity and the design considerations relevant to operationalizing the mechanisms nationally and internationally.
Keywords:clean development mechanism (CDM) emissions trading  climate change  equity  joint implementation  Kyoto Protocol  liability and compliance  supplementarity
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