The basis of current multilateral effort at addressing the issue of climate change is carbon trading. As the CDM is constituted and implemented on this basis, there has to be a willingness on the part of global and national policy elites to accept the fact that the expanding weaknesses of the CDM is not in the interest of the climate. The continued placing of the mechanism as a foolproof answer to the problem forecloses alternative measures suggested
by many.

Commodification of pollution is an acceptance that pollution is a necessary public good with economic value. This regrettable stance has given a sour political atmosphere at the national and multilateral fronts capable of preventing or delaying genuine measures towards reversing climate change.

In other words, carbon trading is a distraction from the pursuit of fruitful measures against climate change. Although Nigeria's draft climate legislation spots the country's vulnerability to climate change as a core area of interest, there is no indication of the need to move away from the production of fossil fuel as a long term goal. The government has received unequivocally the Clean Development Mechanism (CDM) as a commitment to its role as a signatory to the Kyoto Protocol, but particularly as a fund-raising opportunity. In spite of its impressive objectives, the CDM is faced with many challenges and one way out is an outright replacement with direct climate debt payment to citizens in the developing world.

To read this Policy Brief click on this Download link.



Add this page to your favorite Social Bookmarking websites
Reddit! Del.icio.us! Mixx! Free and Open Source Software News Google! Live! Facebook! StumbleUpon! TwitThis Joomla Free PHP
 
Photo Speak
Disclaimer!

ERA has recently received information that a group calling itself the "Niger Delta Coalition in the Diaspora" is still engaging itself in activities and communications giving the impression that it is linked with Environmental Rights Action (ERA).

This group issues out communications using ERA's headquarter address and mail box. We have never had any ties with this group and any views, comments or opinions expressed by them is not endorsed or authorized by any member of management or staff of ERA.

Green Hotlines
Green Hotlines
ERA GREEN LINES
Is there a spill, pipeline rupture, fire, gas flare, water, land or air pollution in your community or one you know about? Do you need assistance to respond, and prevent future occurrences or have you noticed any activity that threatens the environment?

In the event of any ecological disaster or threat to the environment, call our toll-free GREEN LINES:  08031230088 & 08031230089