Possibilities and options for the Clean Development Mechanism and the Green Investment Scheme in Central and Eastern Europe: Macedonian and Romanian perspectives

Central and Eastern Europe (CEE) is a rapidly changing and developing region which is making the transition to a market based economy. Along with economic reforms, the countries of the region are engaged in substantial environmental reforms, including climate change mitigation activities. Mitigation of, and adaptation to, the consequences of climate change are costly processes. It is therefore of great importance that the national and international mechanisms addressing these problems use methods both environmentally sound and economically efficient. Through two case studies that address the Clean Development Mechanism (CDM) in the Former Yugoslav Republic of Macedonia, and the Green Investment Scheme (GIS) in Romania, this paper explores challenges, related tasks and main problems in the establishment of mechanisms of the Kyoto Protocol in Central and Eastern Europe.     

Motivation of Japanese companies to take environmental action to reduce their greenhouse gas emissions: an econometric analysis

To analyze the motivations of Japanese companies to take environmental actions to reduce their greenhouse gas (GHG) emissions, we used FY2006 research data and questioned Japanese industries regarding their reduction of GHG emissions. Empirical investigations revealed that voluntary targets set by industry organizations, government requirements, and advance responses to possible future regulations can positively influence environmental actions for GHG emission reduction; however, cost reductions and corporate social responsibility fulfillment cannot.

Measuring the Welfare Cost of Climate Change Policies: A Comparative Assessment Based on the Computable General Equilibrium Model GEMINI-E3

Measuring the welfare cost of climate change policies is a real challenge, raising difficult issues of micro- and macro-economics: cost-benefit analysis on the one hand, foreign trade and international specialization on the second hand. At the domestic level the possible existence of distortions, in particular in the fiscal system, may either increase or alleviate the welfare cost of a climate change policy, as illustrated by the debate on double dividend. Effects on the prices in international markets and distorted competition between countries committed to abate (Annex B) and uncommitted countries affect both the sharing of the burden, in particular through the change in the terms of trade, and the allocation of activities with the frequently waved threat of delocalization. Based on a companion theoretical analysis, the present paper aims at putting order in the welfare analysis of climate change policy and to present and compare various estimations, issuing from macro- or computable general equilibrium models. Beside the global welfare cost, the paper focuses on the marginal abatement cost and its relation to the carbon price.Most present conceptual and applied analysis is based on the case of a single domestic household-consumer. Taking into account several consumers raises new challenges, concerning equity but even more fundamentally the mere definition of fiscal distortion, which have not yet been really addressed.     

The Kyoto Protocol: provisions and unresolved issues relevant to land-use change and forestry

This paper describes the relevant text of the Kyoto Protocol and its implications for land-use change and forestry (LUCF) activities and addresses some of the technical issues that merit further consideration and clarification before the treaty comes into force. Although the phrasing of the Protocol is sometimes ambiguous and the opportunities limited, the Protocol does provide for some selected forest-related activities to be used to meet national commitments for the reduction of greenhouse gas emissions. To implement the forest-related portions of the Protocol, most importantly: (1) a clear definition for the word ‘reforestation' is required, (2) contradictory wording in Article 3.3 needs to be clarified to establish how credits are to be measured, (3) further thought should be given to the sentence in Article 3.7 which provides that countries with a net carbon sink in LUCF in 1990 cannot include emissions from land-use change in their 1990 baseline, whereas countries with a net carbon source in LUCF can include those emissions in their 1990 baseline, (4) the rules and baseline issues for joint implementation and the clean development mechanism need to be clarified and (5) inclusion of additional forest management activities needs to be considered.     

China, the United States and technology cooperation on climate control

The U.S. and China are the world's largest and second largest CO₂ emitters, respectively, and to what extent the U.S. and China get involved in combating global climate change is extremely important both for lowering compliance costs of climate mitigation and adaptation and for moving international climate negotiations forward. While it is unavoidable that China will take on commitments at some specific point of time in the future, this paper has argued that the proposal for joint accession by the U.S. and China is not a way forward. For various reasons, such a proposal is in the U.S. interest, but is not in the interest of China. Given the U.S. political reality and institutional settings on the one hand and China's over-riding concern about economic growth and poverty reduction on the other, the two countries are unlikely to take on emissions caps under an international regime, at least for the time being. Therefore, we need to explore the area where cooperation between the two countries to address climate change seems best. The research, development and deployment of clean technology is the area that is in the best interests of the two countries. The U.S. has adopted a technology-oriented approach to climate issues, and has launched the four multilateral initiatives on technology cooperation and the Asia Pacific Partnership for Clean Development and Climate (APP). China has participated in all these U.S.-led initiatives, and is a partner to the APP. Strengthened technology cooperation between the two countries through these initiatives and the APP has led some tangible benefits. However, it should be pointed out that while technology is a critical ingredient in a climate policy package, efforts such as the APP can only be part of the solution. They alone cannot ensure that best available technologies are always deployed in the marketplace, and that new technologies will roll out at the pace and on the scale that we need. In order to have such technology-oriented approach to play a full role, we do need a coordinated policy framework agreed via the Kyoto Protocol or a follow-up regime or the parent United Nations Framework Convention.     

Issues and challenges for forest-based carbon-offset projects: A case study of the Noel Kempff climate action project in Bolivia

The Noel Kempff Climate Action Project in Bolivia, nowin its third year, is breaking ground to establishcredible and verifiable methods to quantify greenhousegas (GHG) benefits of land-use change and forestry (LUCF)projects. Developed under the United Nations FrameworkConvention Climate Change (FCCC) Activities ImplementedJointly pilot phase, the project conserves naturalforests that would otherwise have been subjected tocontinued logging and future agricultural conversion.Carbon (C) monitoring began with a C inventory of theproject area in 1997. The total amount of C in theproject area was 118 Tg (Tg = 10¹²g) ± 4%(95% confidence interval). Periodic monitoring ofrelevant C pools (occurring in 1999 and every 5 yrthereafter) occurs over the 30-year life of theproject to establish the difference between thewith-project and projected without-project scenarios. Permanent sample plots were established both insidethe project area to monitor changes in C pools overtime and in a proxy logging concession near theproject area to determine changes in C pools inforests that have been impacted by logging. Ground-based monitoring is complemented by datacollection on forest industry trends and land-usechange patterns. Remote sensing was used to developa vegetation stratification map of the area, and workis ongoing to investigate the potential application ofdual-camera aerial videography to improve theefficiency of monitoring over time.     

全球气候变化谈判及中国应对策略

气候变化作为一个全球性问题,不仅需要单个国家和地区采取行动,更需要国际社会的共同合作。全球气候变化谈判的现状如何,中国又将做出何种外交应对,成为世人关心的重大国际问题之一。本文阐述了全球气候变化谈判现状,总结了主要国家应对气候变化的立场及措施,最后分析了中国在全球气候变化谈判中遇到的挑战以及给出了将来应对气候变化谈判的策略。     

清洁发展机制对我国节能减排的作用

清洁发展机制（CDM）是《京都议定书》发达国家和发展中国家就减排温室气体进行交易的合作机制。我国“十一五”规划《纲要》提出了节能减排的目标,而我国还是一个发展中国家,要实现节能减排面临很多的困难。CDM项目大部分是与提高能效和开发利用新能源直接有关,因此,CDM能为此提供一定的推动力,能够促进我国的节能减排。文章分析了当前我国节能减排面临的困难,探讨了CDM在我国节能减排所起的作用,提出我国对积极开发CDM项目应采取的相应对策。     

浅谈参与清洁发展机制的意义

清洁发展机制,是《京都议定书》中引入的三个灵活履约机制之一。由于发达国家减排温室气体的成本是发展中国家的几倍甚至几十倍。发达国家因此通过在发展中国家实施具有温室气体减排效果的项目,把项目所产生的温室气体减少的排放量作为履行《京都议定书》所规定的一部分义务。对清洁生产机制的理论和意义进行了简要的阐述和说明。     

The impact of economic activity in Asturias on greenhouse gas emissions: consequences for environmental policy within the Kyoto Protocol framework

Climate change is one of the major worldwide environmental concerns. It is especially the case in many developed countries, where the greenhouse gas emissions responsible for this change are mainly concentrated. For the first time, the Kyoto Protocol includes an international agreement for the reduction of the net emissions of these gases. To fulfil this agreement measures designed to reduce or limit current emissions have to be brought into force. Consequently, fears have arisen about possible consequences on competitiveness and future development of manufacturing activities and the need for support mechanisms for the affected sectors is obvious. In this paper, we carry out a study of the emissions of gases responsible for climate change in Asturias (Spain), a region with an important economic presence of sectors with intensive emissions of CO(2), the chief greenhouse gas. To be precise, in the first place, the volumes of direct emissions of the said gases in 1995 were calculated, showing that the sectors most affected by the Kyoto Protocol in Asturias are iron and steel and electricity production. Secondly, input-output analysis was applied to determine the direct and indirect emissions and the direct, indirect and induced emissions of the different production sectors, respectively. The results derived from the direct and indirect emissions analysis and their comparison with the results of the former allow us to reach some conclusions and environmental policy implications.