INFRAS was contributing to a wider CDM in China study which was published by the Chinese government and the World Bank, supported by the Govt of Norway and Switzerland (SECO). This updated study takes stock of recent CDM developments and achievements in China, tracks the process by which China has become the world’s largest Certified Emission Reduction (CER) supplier, and shows how the country has successfully developed added value by leveraging carbon finance to support its domestic sustainable development priorities. Furthermore, the study is pointing out the potential of CDM opportunities that have arisen during the Kyoto Protocol commitment period to build a solid system that also meets national objectives under the National Climate Change Program and its CDM strategy. The final version of the CDM in China study can be downloaded here.

Although  the  first  period  of  the  Kyoto  Protocol  comes  to  an  end  in 2012, a follow-up agreement is still nowhere in sight. Faced with a lack of  regulatory  guidance,  it  is  difficult  to  project  carbon  credit  demand going ahead without first understanding the driving forces.

Tuomas Rautanen – Senior Analyst at First Climate – is sheding some light regarding some of these driving forces. His analysis is available here:  Determining carbon credit demand until 2020