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The Clean Development Mechanism
Lüthi, Christoph
Master's Thesis, Swiss Federal Institute of Technology Zurich, Switzerland Master's thesis on the current Clean Development Mechanism (CDM) and its effect on promotion of sustainable environmental sanitation improvements at decentralised level. The transaction costs and risks associated with the CDM have shown to favour large centralised projects. Though many decentralised projects contribute significantly to increasing sustainable development, they cannot compete with large centralised projects on emission reductions at lowest cost. The study assesses the viability of selected case studies and suggests approaches to enhance decentralised CDM projects. Download