Failed Mechanism: How the CDM is Subsidizing Hydro Developers and Harming the Kyoto Protocol

Barbara Haya

Working Papers from eSocialSciences

Abstract: Five years age, International Rivers started monitoring the Kyoto Protocol’s Clean Development Mechanism (CDM), concerned that funds marked for climate change mitigation would be used to encourage construction of otherwise uneconomic large hydropower projects, taking limited funds away from renewable energy projects in real need of support, and subsidizing the social and environmental impacts that large hydropower often produces. What has actually happened is worse than expected. The CDM is blindly subsidizing the destruction of rivers, while the dams it supports are helping destroy the environmental integrity of the CDM. [IRN Report]. URL:[http://www.internationalrivers.org/files/Failed_Mechanism_3.pdf].

Keywords: Kyoto Protocol; uneconomic; hydropower projects; rivers; environmental integrity; renewable energy; climate change; project developers; credits; Energy efficiency; industrial gases; Land use; Fossil fuel switch; China; Kenya; Kyoto Protocol; reform; West Bengal; delhi (search for similar items in EconPapers)
Date: 2012-03
Note: Institutional Papers
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