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Kiel Institute for World Economics Kiel Working Papers, Kiel Institute for World Economics

No 1232:
The Role of CDM and JI for Fulfilling the European Kyoto Commitments

Helen Lückge and Sonja Peterson

Abstract: To meet their Kyoto targets under the Burden Sharing Agreement, most European countries plan to make use of the flexible project mechanisms “Clean Development Mechanism” (CDM) and “Joint Implementation” (JI). In addition, CDM and JI credits can be used by installations to fulfil their obligations in the upcoming European emissions trading scheme. This paper compiles information from a variety of sources to give an overview over the different options to acquire CDM and JI credits and the extent to which European governments and companies plan to make use of these options.

Keywords: European Union, CDM and JI, Emissions trading; (follow links to similar papers)

JEL-Codes: Q48,; Q54,; Q58; (follow links to similar papers)

45 pages, November 2004

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