... In fact, Kyoto's GHGs reduction target is much lower than most scientific estimates suggesting that carbon reductions of the order of 60 to 80 per cent are required in order to meet set targets (Huq, 2001). The clean development mechanism, the 'Kyoto surprise' is the most enigmatic and complex innovation to minimizing the costs to AnnexIcountries of the Kyoto commitments, by allowing investment in emission-avoiding activities to generate credits wherever it is cheapest to do so, and assist developing countries towards goals of sustainable developments (Grubb,1999). The key of the mechanism is 'Sustainable development'. In order to achieve Clean Development Mechanism (CDM) in a sustainable way, three concepts - economic prosperity, ecological integrity and social justice - should be taken into account. This essay aims to review the sustainability of the CDM within the Kyoto Protocol and make recommendations on how it could be improved. The aim of the Clean Development ...

See this essay or coursework document in full right now