Authored by NewClimate Institute and the Öko-Institut, this publication forms part of a broader project, commissioned by the German Emissions Trading Authority (DEHSt) at the German Environment Agency (Umweltbundesamt, UBA), with the primary objective to analyse the current situation and development of the international carbon markets.
Despite its previous successes and achievements, the global carbon market find itself currently in a crucial and uncertain period.
The large number of mitigation activities initiated through the two most important project based carbon market mechanisms – the Clean Development Mechanism (CDM) and Joint Implementation (JI ) – has led to an increasing supply of emission reduction credits, which in recent years has superseded the demand for such credits.
Our new report looks at the vulnerability of CDM projects for discontinuation, as well as exploring options to support continued mitigation.
Research Objectives
Contacts for further information: Carsten Warnecke / Thomas Day