Responses in India towards the Clean Development Mechanism
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Many developed countries, such as the United States, have sought to include participation of developing countries in reducing greenhouse gas emissions mainly through binding growth caps on future emissions. Since 1997, this call for â meaningful participationâ has stalled the US ratification of the Kyoto Protocol. In response some scholars have tried to link initiatives like CDM to â meaningful participationâ . This paper suggests that rather than relying on the CDM, this contention regarding commitments can be resolved on a long-term basis if only there is a fair and explicit allocation of GHG emission quotas incorporating â equityâ concerns. Meaningful participation, which might mean quantified commitments, does not take into consideration â equityâ , a key criteria for developing country participation. Full participation can only result when Southern demands are given equal importance.
- Masters Theses