How Is the CDM Compatible with Sustainable Development ?: A View from Project Guidelines and Adaptation Measures

Discussion Paper

The Clean Development Mechanism has its meaning to be a tool that the sustainable development in the host developing country is compatible with the climate change mitigation, as well as, a flexible instrument for developed countries to meet their quantified commitments.

This paper considers how the CDM works properly as a tool to assist developing countries for their sustainable development from the view points of conditions for design and also operational aspects. In this regard, the guidelines for project eligibility and approval are considered focusing on their operations. The aspect of adaptation funding mechanism for vulnerable countries, characteristic to the CDM, are also discussed.

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