Will simplified modalities and procedures make more small-scale forestry projects viable under the Clean Development Mechanism?

Abstract : Simplified modalities and procedures (M&P) are expected to increase the viability of small-scale project activities under the Clean Development Mechanism (CDM). A small-scale afforestation or reforestation (AR) project is defined as a project removing less than 8 kilotons of carbon dioxide equivalent (CO2e) per year. Depending on the project type and the method for measuring scale, 8 kilotons of CO2e per year correspond to highly diverse areas, possibly ranging from 200 to 6000 ha. Using a model to calculate the minimum project scale above which the CDM is a positive financial incentive for eligible AR project activities, the paper analyzes whether a reduction of transaction costs under simplified M&P will be a sufficient incentive to motivate small-scale participation in the CDM. Model results show that, even under optimistic assumptions on carbon market conditions and transaction costs, small-scale project activities will not benefit from simplified M&P. Results also show that project activities removing more than 8 kilotons of CO2e per year and registered as small-scale would be the ones that could benefit the most from simplified M&P. It is concluded that the participation of small-scale project activities to the CDM requires more than simplified M&P, the price of expiring Certified Emission Reductions being one of the most critical parameters.
Document type :
Journal articles
Complete list of metadatas

http://hal.cirad.fr/cirad-00699337
Contributor : Bruno Locatelli <>
Submitted on : Sunday, May 20, 2012 - 6:04:45 PM
Last modification on : Friday, March 29, 2019 - 9:12:06 AM
Long-term archiving on : Thursday, December 15, 2016 - 8:21:54 AM

File

Locatelli_Pedroni_2006_Simplif...
Files produced by the author(s)

Identifiers

Collections

Citation

Bruno Locatelli, Lucio Pedroni. Will simplified modalities and procedures make more small-scale forestry projects viable under the Clean Development Mechanism?. Mitigation and Adaptation Strategies for Global Change, Springer Verlag, 2006, 11 (3), pp.621-643. ⟨10.1007/s11027-006-5274-y⟩. ⟨cirad-00699337⟩

Share

Metrics

Record views

285

Files downloads

323