121 records from EconBiz based on author Name

1. Development Aid and the CDM - How to Interpret 'Financial Additionality'

abstract

International climate negotiations have specified that projects under the Clean Development Mechanism (CDM) should not lead to a "diversion" of official development assistance (ODA). It is however unchallenged that ODA can be used in capacity building for the CDM. Diversion can be interpreted in financial, sectoral and regional terms. There are possibilities to use ODA benchmarks to define diversion such as the UN 0.7% target but they are unlikely to be politically acceptable. On the project level, three main options exist but none of them is perfect. The value of emissions credits (CERs) could be deducted from ODA. This however leads to a long-term pressure on the ODA level. Differentiating an ODA-financed baseline project and a "piggyback" CDM option is likely to be arbitrary in many circumstances. Even if CERs do not accrue for the ODA share of the investment, still private CDM projects are crowded out due to the subsidising of CDM projects

Dutschke, Michael; Michaelowa, Axel;
2014
Availability: Link Link
Citations: 3 (based on OpenCitations) Cited By

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2. Sustainable Forestry Investment Under the Clean Development Mechanism : The Malaysian Case

abstract

In the light of the development of the Malaysian forestry sector in recent years, the article gives an overview over the current discussions around the inclusion of biological carbon sink projects under the Clean Development Mechanism (CDM) of the Kyoto Protocol, like forest definitions, additionality, baselines and permanence. Some new ideas are presented, the details of which need to be explored in detail in further studies. As a result, the article gives twofold recommendations: First, which issues international climate negotiators need to tackle in order to make forestry projects work in practice; and second, how and under which conditions CDM forestry can be supportive to the Malaysian development goals

Dutschke, Michael;
2014
Availability: Link Link
Citations: 2 (based on OpenCitations) Cited By

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3. Liberalisation of Environmental Goods & Services and Climate Change

abstract

This paper attempts to show how WTO negotiations on liberalisation of environmental goods and services can have a negative or positive impact on the international climate change policy depending on the outcome of the Doha Mandate paragraph 31 debates. Certainly there has been no significant progress on the definition or classification of environmental goods and services given the wide spectrum of positions. However, the size of the environmental market is not little and a pragmatic approach for negotiations can be to reduce the issue by parts in problem areas being one of them air pollution and climate. In order to succeed in the task some conditions must be achieved, namely balancing interests from OECD and non OECD countries, identification of a list of key goods and services, tackling barriers to trade and avoiding pollution transfer

Iturregui Byrne, Patricia; Dutschke, Michael;
2014
Availability: Link Link
Citations: 1 (based on OpenCitations) Cited By

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4. Can Permanence Be Insured? Consideration of Some Technical and Practical Issues of Insuring Carbon Credits from Afforestation and Reforestation

abstract

Greenhouse gas (GHG) removals by afforestation and reforestation project activities under the Kyoto Protocol's Clean Development Mechanism (CDM) are vulnerable to a variety of risks and uncertainties, resulting in the partial or total reversal of such removals. Hence, GHG removals from these sink activities are considered to be of temporary nature and non-permanent. Specific modalities related to non-permanence will need to be developed in order to include afforestation and reforestation project activities under the CDM and for a decision on modalities to be reached at COP 9 in December 2003. Two main options on how to address non-permanence have been proposed, these being temporary credits and insurance of emission reduction credits. This paper discusses the practicality and potential difficulties of the insurance approach for addressing non-permanence of sequestered carbon stocks and the validity of CERs generated. The insurability of CERs or non-permanence is considered against common insurability criteria. The marketability of the insurance product and several technical questions in relation to developing this new market instrument are asked. In addition, inequities likely to arise if the approach is adopted as a mandatory modality are discussed

Wong, Jenny L. P.; Dutschke, Michael;
2013
Availability: Link Link
Citations: 5 (based on OpenCitations) Cited By

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5. Practical Issues Concerning Temporary Carbon Credits in the CDM

abstract

Afforestation and reforestation (AR) projects in the Clean Development Mechanism are able to create emission permits that can be accounted against the industrialized countries' commitments for limiting their greenhouse gas emissions, as agreed under the Kyoto Protocol. The discussion of how to treat credits from temporary carbon stocks is centering on the proposal for expiring emission credits from AR, which in the subsequent commitment period need to be replaced. While the basic methodological question is thus being solved, the practicalities arising from the solution have so far not been considered. The authors make new proposals on accounting modalities, define the tCER value as compared to a permanent CER, and forecast who will be the potential buyers for temporary offsets

Dutschke, Michael; Schlamadinger, Bernhard;
2013
Availability: Link Link
Citations: 10 (based on OpenCitations) Cited By

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6. Value and Risks of Expiring Carbon Credits from CDM Afforestation and Reforestation

abstract

The Milan conference of the UN Framework Convention on Climate Change has established two types of emission offsets under the Clean Development Mechanism (CDM), valid for afforestation and reforestation activities. In order to account for the non-permanent nature of carbon storage in forests, these credits expire after a predefined periods, after which the buyer needs to replace them. The present article assesses their market value in relation to permanent credits, identifies their specific risks and proposes how to mitigate and manage them. It analyzes strengths and weaknesses of expiring credits for sellers and buyers. Taking the example of the EU emissions trading system, the authors discuss how expiring credits could reach fungibility with permanent emission allowances on domestic markets

Dutschke, Michael; Schlamadinger, Bernhard; Wong, Jenny L. P.; Rumberg, Michael;
2013
Availability: Link Link
Citations: 4 (based on OpenCitations) Cited By

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7. Liberalisation of environmental goods & services and climate change

abstract

This paper attempts to show how WTO negotiations on liberalisation of environmental goods and services can have a negative or positive impact on the international climate change policy depending on the outcome of the Doha Mandate paragraph 31 debates. Certainly there has been no significant progress on the definition or classification of environmental goods and services given the wide spectrum of positions. However, the size of the environmental market is not little and a pragmatic approach for negotiations can be to reduce the issue by parts in problem areas being one of them air pollution and climate. In order to succeed in the task some conditions must be achieved, namely balancing interests from OECD and non OECD countries, identification of a list of key goods and services, tackling barriers to trade and avoiding pollution transfer.

Iturregui Byrne, Patricia; Dutschke, Michael;
2005
Type: Arbeitspapier; Working Paper; Graue Literatur; Non-commercial literature;
Availability:

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8. Value and risks of expiring carbon credits from CDM afforestation and reforestation

Dutschke, Michael; Schlamadinger, Bernhard; Wong, Jenny L. P.; Rumberg, Michael;
2004
Type: Arbeitspapier; Working Paper; Graue Literatur; Non-commercial literature;
Availability:

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9. Practical issues concerning temporary carbon credits in the CDM

Dutschke, Michael; Schlamadinger, Bernhard;
2003
Type: Arbeitspapier; Working Paper; Graue Literatur; Non-commercial literature;
Availability:

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10. Development aid and the CDM - how to interpret "financial additionality"

Dutschke, Michael; Michaelowa, Axel;
2003
Type: Arbeitspapier; Working Paper; Graue Literatur; Non-commercial literature;
Availability:

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