Irrespective of the necessity to show in this article, the enormous shortcomings of the Kyoto Protocol and of the proposals of its

In order to at least halve global emissions below 1990 by 2050 so as to increase the likelihood of avoiding the worst impacts of climate change, such as the complete melting of the Greenland ice sheet, an ambitious and inclusive post-2012 agreement is needed. This agreement should be based on the UNFCCC and the Kyoto Protocol and include a set of equitable commitments from all major economies to reduce or curb emissions of greenhouse gases. In order to stay below 2

A sample of 52 Indian CDM projects registered until May, 20, 2006 is analyzed with respect to the testing of additionality. While almost all projects do additionality testing, only half of them identify alternatives. Barrier testing is almost universal but only a third of the projects do an investment analysis. Small scale projects are less likely to look at the impact of CDM

The Environmental Audit Committee (EAC) today launches an inquiry into the voluntary carbon offset market. Over the last few years, there has been a considerable growth in this market as awareness of climate change has increased and public and private bodies, as well as individuals, have sought to reduce their overall carbon footprint. The carbon offset market provides companies, public bodies and individuals with the opportunity to purchase credits generated from projects that reduce the amount of greenhouse gases entering the atmosphere.

While the climate debate is raging, the climate negotiations themselves are barely moving. Finger pointing seems to be the name of the game, with each negotiating bloc focused on passing the bill for solving the climate crisis onto the others. The process as a whole is in impasse, and it's time to admit it, as it's time to admit that disagreements about fairness and equity are at the centre of the impasse.

The purpose of this document is to propose the outlines of a broadly acceptable framework that addresses the following issues: differentiated targets and timetables; forests as carbon sinks; market-based mechanisms; adaptation; research, development and deployment; technology cooperation; and finance.

The objective of this article is to review how this remarkable turn of events unfolded, to examine whether and to what extent the CDM has overcome the structural difficulties highlighted above, and to discuss the future of the CDM in the context of global climate mitigation in the medium and long run. The article is structured as follows. It first reviews the history of the CDMfrom Kyoto to the present day. Then it describes the current status of the CDM. Next it assesses the relationship between the CDM and sustainable development.