Scaling Up Demand-Side Energy Efficiency Improvements through Programmatic CDM

Improving energy efficiency (EE) is one of the most promising approaches for achieving cost-effective global greenhouse gases (GHG) reductions. However, it is severely underrepresented in the Clean Development Mechanism (CDM) portfolio. Just 10 percent of the emission reduction credits traded in the carbon market is from EE projects. In particular, small, dispersed, end-use EE measures-which entail significant GHG mitigation potential, along with other clear, local, and direct sustainable development benefits-have been largely bypassed by the carbon market. The modalities of traditional CDM have been set for individual, stand-alone, emission reduction projects that are implemented at a single point in time. While CDM rules allow "bundling" of several of these projects together for registration purposes, the specific sites where they will occur must be known ex-ante and they must all occur at the same point in time. These conditions generally cannot be met by most dispersed demand-side EE programs, whose emission reductions occur over a period of time and in numerous locations (households/industries/cities). In addition, participants in energy-efficiency programs may not be known at the outset because the program may depend on gradual take-up of incentives.

Bibliographic Details

Main Authors:	Figueres, Christiana, Philips, Michael
Language:	English en_US
Published:	World Bank, Washington, DC 2007-12
Subjects:	ABATEMENT POTENTIAL, AFFORESTATION, AIR CONDITIONERS, APPLIANCE STANDARDS, APPROACH, ATMOSPHERE, AVAILABILITY, BASELINE EMISSIONS, BIOGAS, BIOMASS, BOILER, BOILERS, BUILDING CODES, CALCULATED EMISSION, CARBON, CARBON DIOXIDE, CARBON FINANCE, CARBON FUND, CARBON MARKET, CEMENT, CERTIFIED EMISSION REDUCTION, CFL, CH4, CLEAN DEVELOPMENT MECHANISM, CLIMATE, CLIMATE CHANGE, CLIMATE CHANGE NEGOTIATIONS, CO2, COAL, COMPACT FLUORESCENT LAMPS, CONCENTRATIONS, CONFERENCE OF THE PARTIES, DEMAND FOR ENERGY, DEMAND FOR ENERGY SERVICES, DISTRICT HEATING, EFFICIENCY INVESTMENTS, EFFICIENT EQUIPMENT, EFFICIENT LAMPS, EFFICIENT LIGHTING, ELECTRIC UTILITIES, ELECTRICITY, ELECTRICITY PRICES, ELECTRICITY USE, EMISSION, EMISSION ABATEMENT, EMISSION FACTOR, EMISSION LEVELS, EMISSION REDUCTIONS, EMISSIONS, EMISSIONS REDUCTIONS, END -USE, END-USE, END-USERS, END-USES, ENERGY AUDIT, ENERGY BILL, ENERGY CONSUMPTION, ENERGY EFFICIENCY, ENERGY EFFICIENCY IMPROVEMENTS, ENERGY EFFICIENCY MEASURES, ENERGY GENERATION, ENERGY INTENSITY, ENERGY OUTLOOK, ENERGY PLANNERS, ENERGY POLICIES, ENERGY POLICY, ENERGY PRICE, ENERGY PRICES, ENERGY SAVINGS, ENERGY SECURITY, ENERGY SERVICE, ENERGY SERVICE COMPANY, ENERGY SUPPLY, ENERGY SYSTEMS, ENERGY TECHNOLOGY, ENERGY USAGE, ENERGY USE, ENERGY USERS, ENVIRONMENTAL SUSTAINABILITY, FLUORESCENT LAMP, FLUORESCENT LIGHTS, FORESTRY, FOSSIL, FOSSIL FUEL, FOSSIL FUEL POWER, FRAMEWORK CONVENTION ON CLIMATE CHANGE, FUEL MIX, FUEL SWITCHING, FUELS, GAS DISTRIBUTION, GENERATION, GHGS, GLOBAL ENVIRONMENT, GLOBAL ENVIRONMENT FACILITY, GLOBAL GREENHOUSE, GREENHOUSE, GREENHOUSE GAS, GREENHOUSE GASES, HEAT, HFCS, HYDRO POWER, HYDROPOWER, IMPROVEMENTS IN ENERGY EFFICIENCY, IMPROVING ENERGY EFFICIENCY, INCOME, INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE, INTERNATIONAL ENERGY AGENCY, INVESTMENT OPPORTUNITIES, IPCC, KYOTO PROTOCOL, LANDFILL, LEVEL OF EMISSIONS, METHANE, MITIGATION POTENTIAL, N2O, NATURAL GAS, PFCS, PILOT PROJECTS, PIPELINE, POLLUTANTS, POWER, POWER GENERATION, POWER PLANT, POWER PLANTS, PROGRAMS, PUBLIC UTILITIES, PURCHASES, REFINERY, REFORESTATION, RENEWABLE ENERGY, RESIDENTIAL BUILDING, RESIDENTIAL ENERGY, RESTRICTIONS, SUSTAINABLE DEVELOPMENT, TRANSACTION COSTS, UNEP, UTILITIES, UTILITY DEMAND-SIDE MANAGEMENT, VOLTAGE, WASTE, WIND, WIND FARM, WORLD ENERGY, WORLD ENERGY OUTLOOK,
Online Access:	http://documents.worldbank.org/curated/en/2007/12/10345779/scaling-up-demand-side-energy-efficiency-improvements-through-programmatic-cdm https://hdl.handle.net/10986/17914
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