Carbon markets for the poor: a contradiction in terms? A panel discussion and public debate
Ahead of the climate summit in Durban in November, questions are being asked about whether the commitment to carbon markets as a central response to climate change is the right approach. Amid evidence of double-counting of emissions reductions and a failure to deliver sustainable development benefits in developing countries, is the Kyoto Protocol’s Clean Development Mechanism (CDM) worth saving?
For some the issue is how to reform the CDM by scaling up, reducing costs and improving governance. For others the CDM is flawed by design.
This public event will explore these debates, which go to the heart of a 3 year project on The Governance of Clean Development: CDM and Beyond led by Professor Peter Newell, which explores the politics and governance of clean development in the energy sector through the CDM and through other initiatives of a growing range of public and private actors.
The event brings together leading actors and specialists in the field to debate these issues based on some of the findings of the research.