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Private Authority in Global Climate Governance : The Case of the Clean Development Mechanism

Hickmann, Thomas LU orcid (2013) In Climate and Development 5(1). p.46-54
Abstract
The Clean Development Mechanism (CDM) is a prominent example of the mix of public and private authority in global climate policy-making. While national governments hold the supreme authority in the CDM, the oversight and daily supervision of the project-based mechanism have been delegated via an intergovernmental body to private corporations that evaluate the environmental performance of individual CDM projects. By focusing on the CDM as a particular instance of private authority in global climate governance, this article analyses the consequences associated with the delegation of authority to private actors. The article critically assesses the role of private auditing corporations, labelled Designated Operational Entities, in the... (More)
The Clean Development Mechanism (CDM) is a prominent example of the mix of public and private authority in global climate policy-making. While national governments hold the supreme authority in the CDM, the oversight and daily supervision of the project-based mechanism have been delegated via an intergovernmental body to private corporations that evaluate the environmental performance of individual CDM projects. By focusing on the CDM as a particular instance of private authority in global climate governance, this article analyses the consequences associated with the delegation of authority to private actors. The article critically assesses the role of private auditing corporations, labelled Designated Operational Entities, in the regulatory framework of the CDM and points to serious trade-offs which accompany the privatisation of authority. The article's findings suggest that the promise of innovative modes of governance to increase the effectiveness of international regulation is seriously compromised by the profit-seeking behaviour of private actors. Hence, the article underscores the need to reconsider the balance between public and private authority in global (climate) governance. (Less)
Please use this url to cite or link to this publication:
author
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Carbon markets, Clean Development Mechanismm, Climate Policy, Global climate governance, Post-2012 negotiations, Private authority
in
Climate and Development
volume
5
issue
1
pages
9 pages
publisher
Taylor & Francis
external identifiers
  • scopus:84880953147
ISSN
1756-5529
DOI
10.1080/17565529.2013.768174
language
English
LU publication?
no
id
e55a8db6-3300-483f-89fc-a6c1e48904a9
date added to LUP
2022-06-17 13:38:13
date last changed
2023-04-18 17:13:34
@article{e55a8db6-3300-483f-89fc-a6c1e48904a9,
  abstract     = {{The Clean Development Mechanism (CDM) is a prominent example of the mix of public and private authority in global climate policy-making. While national governments hold the supreme authority in the CDM, the oversight and daily supervision of the project-based mechanism have been delegated via an intergovernmental body to private corporations that evaluate the environmental performance of individual CDM projects. By focusing on the CDM as a particular instance of private authority in global climate governance, this article analyses the consequences associated with the delegation of authority to private actors. The article critically assesses the role of private auditing corporations, labelled Designated Operational Entities, in the regulatory framework of the CDM and points to serious trade-offs which accompany the privatisation of authority. The article's findings suggest that the promise of innovative modes of governance to increase the effectiveness of international regulation is seriously compromised by the profit-seeking behaviour of private actors. Hence, the article underscores the need to reconsider the balance between public and private authority in global (climate) governance.}},
  author       = {{Hickmann, Thomas}},
  issn         = {{1756-5529}},
  keywords     = {{Carbon markets; Clean Development Mechanismm; Climate Policy; Global climate governance; Post-2012 negotiations; Private authority}},
  language     = {{eng}},
  number       = {{1}},
  pages        = {{46--54}},
  publisher    = {{Taylor & Francis}},
  series       = {{Climate and Development}},
  title        = {{Private Authority in Global Climate Governance : The Case of the Clean Development Mechanism}},
  url          = {{http://dx.doi.org/10.1080/17565529.2013.768174}},
  doi          = {{10.1080/17565529.2013.768174}},
  volume       = {{5}},
  year         = {{2013}},
}