ISBN-13: 9783639164473 / Angielski / Miękka / 2009 / 208 str.
Under the 1997 Kyoto Protocol, Clean Development Mechanism allows developed countries to invest in abatement opportunities in developing countries and receive credit for the resulting emissions reductions, thus becoming a tool for technology transfer. In past, developing countries have been eager to participate in technology transfer but has often come at a cost and not in the most beneficial way. The spirit of CDM is to support sustainable development and encourage mutually beneficial transfer of appropriate technologies. CDM has potential to fund "technological leapfrogging" that would enable developing countries to bypass inefficient choices. This research explores how Clean Development Mechanism can potentially play such a role and how suitable it is within the broader picture of poverty and underdevelopment in the developing countries. This work argues that CDM, has the potential to become a useful tool in coping with climate change and benefit the entire global population if it embraces simultaneously social, economic and environmental responsibility and avoids becoming yet another tool to make the economically rich more richer.