Will simplified modalities and procedures make more small-scale forestry projects viable under the clean development mechanism ?
Simplified modalities and procedures (M&P) are expected to increase the viability of small-scale project activities under the Clean Development Mechanism (CDM). A small-scale afforestation or reforestation (AR) project is defined as a project removing less than 8 kilotons of carbon dioxide equivalent (CO2e) per year. Depending on the project type and the method for measuring scale, 8 kilotons of CO2e per year correspond to highly diverse areas, possibly ranging from 200 to 6000 ha. Using a model to calculate the minimum project scale above which the CDM is a positive financial incentive for eligible AR project activities, the paper analyzes whether a reduction of transaction costs under simplified M&P will be a sufficient incentive to motivate small-scale participation in the CDM. Model results show that, even under optimistic assumptions on carbon market conditions and transaction costs, small-scale project activities will not benefit from simplified M&P. Results also show that project activities removing more than 8 kilotons of CO2e per year and registered as small-scale would be the ones that could benefit the most from simplified M&P. It is concluded that the participation of small-scale project activities to the CDM requires more than simplified M&P, the price of expiring Certified Emission Reductions being one of the most critical parameters.
| Main Authors: | , |
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| Format: | article biblioteca |
| Language: | eng |
| Subjects: | F40 - Écologie végétale, P40 - Météorologie et climatologie, protection de l'environnement, reconstitution forestière, pollution atmosphérique, dioxyde de carbone, législation de l'environnement, coopération internationale, http://aims.fao.org/aos/agrovoc/c_15898, http://aims.fao.org/aos/agrovoc/c_13802, http://aims.fao.org/aos/agrovoc/c_228, http://aims.fao.org/aos/agrovoc/c_1302, http://aims.fao.org/aos/agrovoc/c_36263, http://aims.fao.org/aos/agrovoc/c_16378, |
| Online Access: | http://agritrop.cirad.fr/534553/ http://agritrop.cirad.fr/534553/1/534553.pdf |
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