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Implementing CDM Projects

Guidebook to Host Country Legal Issues

By Paul Curnow, Glenn Hodes - Baker & McKenzie, UNEP Risoe Center
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This Guidebook addresses a wide range of legal and regulatory issues arising from the domestic laws, regulations and policies of CDM Host Countries that can affect the development and implementation of CDM projects. Host Country domestic laws interact – both negatively and positively – with the international rules that underpin the CDM. At this critical juncture of change and uncertainty surrounding the evolution of the carbon markets and the flexible mechanisms under the Kyoto Protocol, it is more important than
ever that CDM stakeholders understand how such domestic legal and regulatory frameworks can be enhanced and harnessed to facilitate the development of a greater number of CDM projects that have clear sustainable development benefits.