Investment Additionality in the CDM

The additionality of projects is crucial to the integrity of the Clean Development Mechanism. The CDM tool for additionality produces binary outcomes; projects either pass or fail. This paper uses ΔIRR (the difference between a project’s IRR with and without CDM revenues) as a measure of degrees of additionality. From a sample of 222 registered […]

A Practical Approach for Policies to Address GHG Emissions from Indirect Land Use Change Associated with Biofuels

Recent estimates of indirect land use change impacts associated with biofuel expansion have used forward-casting models to predict the effects of changes in feedstock use upon agricultural commodity markets and land use decisions. The predictive reliability of such models is highly questionable and their application provides a limited basis for practical solutions either by the […]

Evaluation of Norway’s International Climate and Forest Initiative, NORAD

The Norway International Climate and Forest Initiative has committed up to $500 million a year to support efforts that reduce emissions from deforestation and degradation (REDD) in developing countries. The real-time evaluation commissioned by the Evaluation Department of the Norwegian Agency for Development Cooperation (NORAD) will assess progress and provide advice to assist in the […]

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