Potential and Cost of Clean Development Mechanism Options in the Energy Sector

Michael Lazarus

This report presents an assessment of the potential and cost of the Clean Development Mechanism as an instrument to partially meet the Greenhouse Gases emission limitation commitments of the Netherlands for the first budget period, 2008-2012. The mitigation potential in non-Annex I countries is significant when compared with Annex I reduction requirements. The inventory of mitigation options suggests that an annual mitigation potential in the first budget period at costs up to 1990 USD 10/ton CO2 is approximately 1.7 Gt CO2 equivalents.