The clean development mechanism: A new tool for sustainable transportation?
Jodi Browne, Project Manager, Climate Change and Energy
Institute for Sustainable Development (IISD)
In Chile, as in other developing countries, the transportation sector is the
largest source of energy-related carbon dioxide (CO2) emissions. Transport accounts
for upwards of 25% of human-induced greenhouse gases in many countries; given
current motorization trends emissions this could increase by a factor of four
by 2020 without mitigative measures. The Clean Development Mechanism (CDM) represents
a crucial opportunity to develop a sustainable transportation sector for developing
countries that can also increase funding flows, enhance capacity and expand technology
transfer opportunities. By providing credits for projects undertaken in developing
countries, the CDM acts as an incentive for emissions reductions while also stimulating
much-needed investment in sustainable development. The discussion will focus
on the role of transportation in Chile's emission profile, and the potential
role of the CDM as a contributor to sustainable transportation.
Time
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