The Clean Development Mechanism as ethical development? Reconciling emissions trading and local development
Boyd, E. and Goodman, M. K. (2011) The Clean Development Mechanism as ethical development? Reconciling emissions trading and local development. Journal of International Development, 23 (6). pp. 836-854. ISSN 1099-1328
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To link to this article DOI: 10.1002/jid.1813
This paper examines the ethics of the Clean Development Mechanism (CDM) in its architecture, processes and outcomes and its potential to allocate resources to the poor as ‘ethical development’. Two specific examples of CDM projects help us to explore some of the quandaries that seem to be quickly defining operating procedure for the CDM in its efforts to bring entitlementsto the poor. The paper concludes with reflections on the normative and social complications of the CDM and closes with three key areas of further investigation.