Applied Mathematicsematics

Developing CDM Projects in the Western Balkans: Legal and by Massimiliano Montini (auth.), Massimiliano Montini (eds.)

By Massimiliano Montini (auth.), Massimiliano Montini (eds.)

Developing CDM tasks within the Western Balkans: felony and Technical concerns in comparison, arises from the pro useful adventure received by means of an interdisciplinary crew of felony and technical specialists performing within the framework of the environmental bilateral cooperation played through the Italian Ministry for the surroundings, Land and Sea within the Western Balkan international locations, during the "Task strength for primary and japanese Europe".

The quantity is edited by way of Professor Massimiliano Montini, Director of the Environmental criminal group (ELT) of the college of Siena, a gaggle of younger environmental attorneys and economists, accountable for offering the criminal advice for the implementation of the United international locations Framework conference on weather switch (UNFCCC) and the Kyoto Protocol (KP), in addition to for paving the best way for the improvement of the fresh improvement Mechanism (CDM) tasks within the Western Balkan countries.

The further price of the publication is composed within the incontrovertible fact that it provides the true expert event won through a multi-sectoral group of legal professionals, economists, engineers and different technical specialists, operating in synergy with a shared vision.

This quantity may be worthy not just to these particularly attracted to the Western Balkan zone, yet represents a broader instance of classes realized within the improvement of CDM tasks. for that reason, it might have a large marketplace between govt officers and legal-economic-technical pros facing weather switch matters in addition to teachers constructing clinical study during this field.

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Extra resources for Developing CDM Projects in the Western Balkans: Legal and Technical Issues Compared

Sample text

CDM projects normally involve a quite complex management process and structure and raise various relevant issues. One of the trickiest is related to the definition of parameters to estimate the emission reduction units achieved by the proposed CDM project. The solution to such a problem depends on the estimation of the emission reduction achieved through the project as compared to a “business as usual” scenario. In such a context, obviously, the choice of the correct methodology for defining the baseline of the project and for monitoring the effective emission reduction is absolutely crucial.

In my opinion, such essential key issues should include at least the following: • The future climate change legal regime for the control and reduction of GHG emissions should become more flexible. This would enable, in fact, a more 1 The Kyoto Protocol in the International Environmental Law Context 27 active participation in the global effort to fight climate change also by those countries which presently do not have binding reduction commitments, such as the emerging Non-Annex I economies. Such countries, in fact, could, on the one side, continue not to have binding reduction commitments, but, on the other side, agree at least on some limitations of their increase of GHG emissions per GDP unit or per energy unit.

In addition to that, the Parties, in order to speed up the negotiation process already started in Montreal 2 years earlier, established a new Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA). Such a working group is open to the participation of the USA and the major emerging economies alongside with the Parties already bound by specific reduction targets for the first commitment period and should complete its activity by the end of 2009, in time for the COP-15 and COP/MOP-5 meetings, to be held in Copenhagen in December 2009, which should define the scenario for the post-2012 regime.

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