Clean Development Mechanism And Legal Frame For Realisation Of CDM Projects In Republic Of Serbia Cover Image

Mehanizam čistog razvoja i pravni okvir za realizaciju CDM projekata u Republici Srbiji
Clean Development Mechanism And Legal Frame For Realisation Of CDM Projects In Republic Of Serbia

Author(s): Ivanka Spasić
Subject(s): International Law, Economic development, Environmental interactions, Financial Markets
Published by: Institut za uporedno pravo
Keywords: Clean Development Mechanism (CDM); Kyoto Protocol; Designated National Authority( DNA); Sustainable Development Criteria; Indicators;

Summary/Abstract: Kyoto Protocole is one of the more important legal acts passed by International Community, created with aim to prevent the air pollution, global heating and climate changes, all of them the consequences of “ghg” gases emission. Kyoto protocol introduced the three “flexible mechanisms”, all of them the instruments for realisation of the main goal (reducing the emission of the gases). These mechanisms are: Clean Development Mechanism, The International Emission Trade (IET) and Joint Implementation Mechanism (JI). For the countries in transition (as Serbia for example) The Clean Development Mechanism (CDM) is the most important of all three mechanisms. Developing the CDA projects in the countries in transition investors from developed countries can save the special emission units (CER), which can be sold on the “carbon market”, and country in transition (hoste for CDM project) can gaine “green technology”. It is necessary, according to Kyoto Protocol, for the country (in transition) to ratified the Protocol and to establish (and organise all the function of) the Designated National Authority (DNA), special governmental body which approve the requests for CDM projects and supervise their realisation. The author is analyzing the existing legal frame for realisation od CDM projects, establishing procedure of Serbian DNA body, the decision making criteria, and the future prospectives of CDM projects in Serbia.

  • Issue Year: 2012
  • Issue No: 3
  • Page Range: 326-347
  • Page Count: 22
  • Language: Serbian