Erkola, Zekarias (2009) The Legal and Institutional Aspects of the Clean Development Mechanism (CDM) Forestry Project in Humbo and Damote Areas in Ethiopian. Masters thesis, Addis Ababa University.
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Abstract
Changes in climate become common concern of all mankind. Consequences resulting from global warming such as rise in the sea level, frequent occurrence of natural calamity, agricultural breakdown, melting of the polar ice, worsening human heath effect, disruption of the water cycle, to mention some, urged the international community to seek remedy. In response to these consequences the GA urged governments and intergovernmental and non-governmental organizations to collaborate in a concerted effort to prepare conventions. After long and tiresome negotiation the international community adopted UNFCCC in 1992 and it's Kyoto Protocol in 1997 to stabilize GHG. The Kyoto Protocol requires the industrialized countries specified in Annex 1 to reduce their average emissions of six GHG by 5.2% from 1990 levels between the years 2008 and 2012. The Protocol adopted the principles of differentiated commitments between the industrialized north and nonindustrialized south. To meet the different ends of the north and south flexible mechanism is adopted in the protocol. CMD AIR is one of these flexible mechanisms adopted in the Protocol. CDM AIR aims to achieve climate change mitigation through the market based approach: Industrialized countries receive emission rights in exchange for financing emission abatement projects in countries without emission target. It also aims to assist developing countries in achieving sustainable development by promoting environmentally friendly investment from industrialized countries. The procedure for the implementation of CDM AIR project is cumbersome. Apart from the procedure, the implementation of CDM AIR project raises number of legal and institutional issues. Ethiopia as part of the international community ratified the UNFCCC and its Kyoto Protocol and currently pilot CDM AIR project in the SNNPRS. While implementing CDM AIR project there must be institutional setup and legal framework to realize the project. The writer believes that this paper points out the legal and institutional gaps for the implementation of CDM AIR project and contributes to benefit from the CDM AIR regime.
| Item Type: | Thesis (Masters) |
|---|---|
| Subjects: | K Law > K Law (General) |
| Divisions: | Africana |
| Depositing User: | Kabiru Wallace Ndung'u |
| Date Deposited: | 04 Jul 2019 09:23 |
| Last Modified: | 04 Jul 2019 09:23 |
| URI: | http://thesisbank.jhia.ac.ke/id/eprint/9379 |
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