CDM and Sustainable Development in China: Japanese Perspectives

Clean Development Mechanism (CDM) is an innovative mechanism under the Kyoto Protocol that was created in the third Conference of Parties in 1997. This mechanism originated from two different proposals made in the international negotiations. This book examines the current status and characteristics of CDM projects all over the world to see the influence and impact on sustainable development in developing countries. Secondly, it clarifies ways to adjust the differences in concerns between China and Japan over economics, the environment, and climate change, and to analyze whether sustainable development impacts can encourage the Chinese government to promote climate change mitigation measures. The book shows that the improvement of energy efficiency at coal-fired power plants in China will bring a reduction of greenhouse gas emissions, as well as bring the benefits that China desires to gain. It establishes an evaluation framework of CDM that can take sustainable development impacts into account and that can provide useful information when choosing socially efficient CDM projects.