Year: 2001

Publication type: Executive Reports

Public files

ARPEL is aware of the many concerns and uncertainties of the Kyoto Protocol, which include: scientific uncertainties about climate change, costs of emissions reductions, impact on the demand of fossil fuels, and the role of carbon sinks.

At the same time, ARPEL considers the Clean Development Mechanism to be a key provision of the Kyoto Protocol that needs to be carefully designed to ensure that the common objectives of greenhouse gas emissions reductions, technology development and transfer, and other benefits to numerous partners, stakeholders and businesses in the Region, are achieved. This paper outlines ARPEL's interpretation of key provisions of the Clean Development Mechanism and makes several recommendations that would strengthen the viability of the Clean Development Mechanism in achieving these common objectives.