Sustainable development in the Clean Development Mechanism: the role of Designated National Authority in China and India |
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Authors: | Sukumar Ganapati Liguang Liu |
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Affiliation: | School of Public Administration, College of Arts and Sciences, Florida International University , Miami , FL , USA |
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Abstract: | The Clean Development Mechanism (CDM) emerged under the Kyoto Protocol to facilitate collaboration between developed and developing countries in order to mitigate greenhouse gases. The CDM allows developed countries to receive credits towards meeting their obligatory targets by investing in emission reduction projects in developing countries. The countries are required to set up a Designated National Authority (DNA) to approve the CDM projects. This paper examines the role of the DNA in ensuring sustainable development, using the empirical case of China and India. Three aspects of the DNA's role are examined: the institutional structure, the policy context and the CDM project market. All three aspects highlight the important role of the DNA in meeting the countries' sustainable development priorities. |
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Keywords: | Clean Development Mechanism sustainable development Kyoto Protocol China India |
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