The CDM is in crisis. Registrations of new projects have fallen significantly, prices of credits have fallen to record lows of around €0.30, and there are regular reports of companies, skills and expertise leaving the market. A number of commentators have recommended the establishment of a fund to support the CDM. This report analyses the market impact of different designs of a ‘CDM capacity fund’.
FC Publication Date:
17 July 2013
FC Publication: