Please use this identifier to cite or link to this item: https://doi.org/10.1504/PIE.2010.034507
DC FieldValue
dc.titleImproving the clean development mechanism with sustainability-rating and rewarding system
dc.contributor.authorKua, H.-W.
dc.date.accessioned2013-10-14T04:38:39Z
dc.date.available2013-10-14T04:38:39Z
dc.date.issued2010
dc.identifier.citationKua, H.-W. (2010). Improving the clean development mechanism with sustainability-rating and rewarding system. Progress in Industrial Ecology 7 (1) : 35-51. ScholarBank@NUS Repository. <a href="https://doi.org/10.1504/PIE.2010.034507" target="_blank">https://doi.org/10.1504/PIE.2010.034507</a>
dc.identifier.issn14768917
dc.identifier.urihttp://scholarbank.nus.edu.sg/handle/10635/45719
dc.description.abstractAs the world contemplates a post-Kyoto Protocol climate change policy architecture, some key observations of the clean development mechanism (CDM) remind us that climate change policies should be linked more closely to the promotion of sustainability. A sustainability-rated CDM (SR-CDM) is proposed in this paper; it applies the gold standard as a way of assessing the sustainability value of projects with respect to the millennium development goals. These values can be converted into sustainability credits that can qualify project host countries and Annex 1 investing parties for sustainability assistance funds; these funds can be used for developing projects that further promote sustainability. To encourage fund-providers to contribute to these funds, a portion of the certified emission reductions and voluntary emission reductions generated by the projects will be rewarded to these fund-providers. The overall objective of SR-CDM is to promote local and global emission reduction, technology transfer, sustainability and renewable energy/energy efficiency by providing explicit incentives to all key parties involved in the CDM project development and financing. Copyright &amp;copy; 2010 Inderscience Enterprises Ltd.
dc.description.urihttp://libproxy1.nus.edu.sg/login?url=http://dx.doi.org/10.1504/PIE.2010.034507
dc.sourceScopus
dc.subjectCDM
dc.subjectClean development mechanism
dc.subjectGold standard
dc.subjectGS
dc.subjectKP
dc.subjectKyoto Protocol
dc.subjectMDGS
dc.subjectMillennium development goals
dc.subjectRT
dc.subjectSustainability-rating
dc.typeArticle
dc.contributor.departmentBUILDING
dc.description.doi10.1504/PIE.2010.034507
dc.description.sourcetitleProgress in Industrial Ecology
dc.description.volume7
dc.description.issue1
dc.description.page35-51
dc.identifier.isiutNOT_IN_WOS
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