... of analysis: 1 December 2008 Figure 12.5. Specific reasons for rejections of projects due to lacking additionality Figure 12.6. Cement blending blues Figure 12.7. Common additionality and baseline benchmark in the cement industry The concept of the ‘additionality’ of the emission reduction achieved...

..., will survive in a post-2012 climate regime. This chapter examines how a post-2012 climate treaty could provide incentives for greater emission reductions in developing countries. It starts by summarizing the current frustrations with the Clean Development Mechanism (CDM) and reviewing incremental modifications...

...Over the past several years, transactions for the voluntary purchase and sale of greenhouse gas (GHG) emissions reductions have grown significantly. Also known as the ‘voluntary carbon market’, this market has provided a benefit to the climate by building public awareness and infrastructure...

... emission reductions that would also assess leakage. The EU ETS is currently the main source of demand for carbon credits but prohibits all forest based carbon credits being used to meet the emission reduction commitments it sets. This ban was justified by a mix of ideological opposition to offsets from...

... to help enable acceptance of the elements on the quantitative side of the agreement. They represent the compensation or additional action that countries expect in return for committing to undertake greenhouse gas emission reductions—whether this be developed or developing countries. But there is more...