Green Finance: Carbon credits and Developing Countries

Zusatztext

The Clean Development Mechanism (CDM) approach can be viewed from different perspectives. This includes addressing wide-ranging issues from emissions reduction, to corporate investments, to being a financial mechanism for clean environment, to technological transfer and even development assistance to national governments through its contribution to the adaptation fund. This study focuses mainly on CDM as a model for leveraging financial capital/investment for clean and sustainable development for low income countries, as per the main objective of the mechanism as outlined in the Kyoto Protocol.

Autorenportrait

Rachel W. Kamande has been working on sustainable development projects and policy issues since 2005. She is a holder of M.Sc: Globalisation and Development from the University of Antwerp in Belgium. She was also part of the Zero Mercury Campaign, contributing to the global negotiations for a global agreement on mercury.

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