The second commitment period of the Kyoto Protocol (CP2) will come to an end on 31 December 2020, leaving the fate of the Clean Development Mechanism (CDM) uncertain. The focus and attention have now shifted to the Paris Agreement. Countries will begin to implement their Nationally Determined Contributions and have begun negotiating a new rulebook under the Paris regime. This briefing sheds light on possible scenarios for the CDM and addresses key concerns CDM project developers will face as the CP2 period enters its final years.
Climate Finance | Climate Law & Policy | Energy & Industry