Analysing the status and prospects for Clean Development Mechanism (CDM): HFC-23 and N2O projects in China and in India
The report Analysing the status quo of CDM projects concludes that under current market conditions, the Clean Development Mechanism (CDM) is currently not able to provide sufficient incentive for the continuation of mitigation activities and identifies a general risk of mitigation activities to discontinue. Due to their substantial mitigation potential and relatively low abatement costs, CDM projects abating HFC-23 and N2O deserve special attention. The Focus Study Analysing the status and prospects for Clean Development Mechanism (CDM) HFC-23 and N2O projects in China and in India investigates in more detail the status of these projects. National and international policy developments that could impact HFC-23 and N2O emissions in both countries, such as international credit purchase programmes, national carbon market developments and other regulatory measures, were researched. Expert interviews and targeted literature review provided insights into how likely these initiatives are to provide incentives to continue mitigation or lead to abatement obligations in these two countries going forward.