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Title:
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CDM and biofuels. Can the CDM assist biofuel production and deployment?
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Author(s):
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Published by:
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Publication date:
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ECN
Policy Studies
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31-10-2006
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ECN report number:
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Document type:
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ECN-E--06-033
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ECN publication
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Number of pages:
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Full text:
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31
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Download PDF
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Abstract:
The Clean Development Mechanism under the Kyoto Protocol provides an opportunity to direct financing to projects in developing countries that reduce greenhouse gas emissions. The current portfolio of over 800 projects includes several different renewable energy technologies, but no biofuel projects. This paper gives an analysis of the current state of affairs regarding CDM and biofuel. It also discusses the barriers and opportunities relevant to developing biofuel projects under the CDM. It is concluded that approval of baseline and monitoring methodologies is the most crucial step in this respect. Another conclusion is that biofuel project may provide an opportunity to strengthen the sustainable development goal of the CDM.
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