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Article: United States : Developing countries not ready for clean tech transfers.
- Article from:
- TendersInfo
- Article date:
- October 27, 2009
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Byline: Mamta03
Major institutional building will be necessary if a new climate treaty is to move from the Kyoto Protocol's Clean Development Mechanism (CDM) to sectoral crediting as planned by the EU, a European Commission official said last week (22 October).
A sectoral crediting mechanism to replace the CDM in competitive industrial sectors of advanced developing countries such as China and India could hit the wall due to lack of institutional capacity, a Brussels climate change conference warned.
Such a mechanism, generating credits once a sector has reached an agreed baseline for emission reductions, is fundamentally different from the CDM ...