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来源类型Working Paper
规范类型论文
Quantitative Assessment of Certified Emission Reductions from Non-additional CDM projects
Akihisa KURIYAMA; Kazuhisa KOAKUTSU
发表日期2016-04
出版年2016
语种英语
概述In the assessment of the substantial impact on the emissions reduction by the clean development mechanism (CDM), a large number of literatures indicate that there were concerns in...
摘要

In the assessment of the substantial impact on the emissions reduction by the clean development mechanism (CDM), a large number of literatures indicate that there were concerns in the determination of the additionality of CDM projects particularly in the power sector, such as wind power, hydropower, natural gas, coal-fired power and waste heat recovery project.

Based on literatures that discuss the additionality of the CDM projects to date and financial feasibility considering the situation of low credit prices since 2013, the CERs (Certified Emission Reductions) that had been issued until December 2015 was screened by the following three evaluation criteria. (1) “Performance of internal rate of return (IRR) in investment analysis”, (2) “Specific project type and host country” and “CER prices in the PDDs and on the secondary market at the time of its insurance”. The result shows that at most 34% of the total CERs were issued from the CDM projects that have concern of non-additional project.

Moreover, industrial gas projects such as HFC reduction and N2O destruction have been pointed out that there is no contribution to the sustainable development of the host country although they are considered to be additional. The amount of issued CERs from these projects is 835MtCO2 in total by the end of 2015. Based on this fact, the CERs that have both additional and contribution to the sustainable development are estimated as 15% of the total.

主题Market Mechanisms
区域Worldwide
URLhttps://pub.iges.or.jp/pub/quantitative-assessment-certified-emission
来源智库Institute for Global Environmental Strategies (Japan)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/310932
推荐引用方式
GB/T 7714
Akihisa KURIYAMA,Kazuhisa KOAKUTSU. Quantitative Assessment of Certified Emission Reductions from Non-additional CDM projects. 2016.
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