How will the global market develop?



4 What can we expect as the CDM evolves?
4 What can we expect as the CDM evolves?

How will the global CDM market develop?

The future of the global market will depend largely on the demand for CDM projects from companies and countries in the north. Without the USA participating in the Kyoto CDM market (although it may set up a parallel market on its own) the demand is likely to be substantially constrained, reducing capital available for the development of these projects.

Furthermore, developing countries that are looking to the CDM market to promote both inward investments and sustainable development projects, will judge the market not just by how many CDM projects it is able to generate but also by how many countries have been able to benefit. If only a few developing countries benefit, then it may be difficult for the rest of the developing countries to agree to further extensions of the CDM concept in future commitment periods.

5 Where can I get more information?

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