Rent sharing in the Clean Development Mechanism<br />The Case of the Tahumanu Hydroelectric Project in Bolivia - HAL-SHS - Sciences de l'Homme et de la Société Accéder directement au contenu
Chapitre D'ouvrage The Business of Climate Change -Corporate responses to Kyoto Année : 2005

Rent sharing in the Clean Development Mechanism
The Case of the Tahumanu Hydroelectric Project in Bolivia

Résumé

The Clean Development Mechanism (CDM) of the Kyoto Protocol, aims to minimise the cost of Annex B countries' commitments to reduce emissions, but also to limit the risk that the Developing Countries unquestionable right to develop will offset the Annex B countries efforts: the CDM should promote faster progress along a less polluting development path.
Beyond political principles, the pertinent players have to be incorporated into the decision making process of future CDM. The issues for host country include attracting the investment capacity, by taking advantage of the additional incentive created by CDM certificates. For private investors, the objective is to maximise the sum of commercial revenues plus CDM carbon income.
This paper examines potential CDM project opportunities in the power sector. The Tahumanu project consists of building a hydroelectric power plant instead of subsidized diesel plants in the Bolivian Pando Province. Simulations show that it offers a realistic illustration of possible set up and arrangements of CDM projects with the host country.
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Dates et versions

halshs-00009164 , version 1 (20-02-2006)

Identifiants

  • HAL Id : halshs-00009164 , version 1

Citer

Sandrine Mathy, Christophe de Gouvello, Pierre Mollon. Rent sharing in the Clean Development Mechanism
The Case of the Tahumanu Hydroelectric Project in Bolivia. The Business of Climate Change -Corporate responses to Kyoto, 17, greenleaf publishing, pp.242-253, 2005. ⟨halshs-00009164⟩
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