This article analyzes the interaction between stakeholders in the clean development mechanism (CDM) in Brazil and assesses the impacts this market mechanism has had on institutions and on the climate change policy discourse in Brazil. Brazil ranks as the third largest host country for CDM projects, even though it has maintained a strong commitment to the environmental integrity of the CDM system.

The Clean Development Mechanism (CDM) is a market mechanism that was created by an international regime, but its successful implementation relies on effective CDM governance within its host countries. What kinds of carbon governance patterns are appropriate for reaching the goals of the Kyoto Protocol?

Judged by the sheer number of clean development mechanism (CDM) projects registered and in the pipeline, India undoubtedly can be seen as a success story as far as the functioning of the local carbon market is concerned.


Mon, 2015-04-13 (All day)
09 Oct 2012

Extreme caution needs to be taken while mulling of linking different carbon markets

15 Jan 2012

With the carbon market in doldrums, emerging economies like India will have to announce bolder schemes for a low carbon future

15 Nov 2011


It's time the green brigade joins the banker-bashing, Occupy Wall Street movement

Another climate summit and another potential disappointment facing the green brigade. Even before it officially kick-starts, there is a widespread feeling that the Durban Summit is expected to be another brick in the collapsing climate wall. The reason this time, though, is that governments in the West are overwhelmed by the sovereign financial crisis and hence climate change mitigation action is out of the window.