Title: Benefits and barriers to the implementation of renewable electricity clean development projects: the case of the south Mediterranean basin

Authors: Pablo Del Rio, Felix Hernandez

Addresses: Faculty of Social Sciences and Law, Department of Spanish and International Economics, Econometrics and History and Economic Institutions, University of Castilla-La Mancha, C/Cobertizo de S. Pedro Martir s/n, Toledo-45071, Spain. ' IEG-CSIC, C/Pinar 25, Madrid 28006, Spain

Abstract: This paper shows how Clean Development Mechanism (CDM) projects in renewable electricity (RE-CDM projects) may contribute to the sustainability of South and East Mediterranean Countries (SEMCs). It also shows that several factors make the implementation of these projects difficult, including the relatively weaker CDM institutional capacity of SEMCs. Therefore, countries in this region should individually analyse the extent to which they can profit from them. If they believe these projects can bring them substantial benefits, then they should develop a coherent CDM strategy and strengthen their institutional capacity to host them.

Keywords: clean development mechanisms; CDM strategy; climate change; renewable energy; sustainable development; renewable electricity; clean energy; southern Mediterranean; eastern Mediterranean; institutional capacity.

DOI: 10.1504/WRSTSD.2007.012658

World Review of Science, Technology and Sustainable Development, 2007 Vol.4 No.1, pp.14 - 37

Published online: 05 Mar 2007 *

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