National Strategy Study for the Participation of Bolivia in the CDM

A conceptual framework for Bolivian authorities to evaluate potential international markets created by the Clean Development Mechanism (CDM). An analytical reference for understanding international rules of the greenhouse gas (GHG) reduction market, formulating CDM projects, and assessing issues, problems, and impacts of GHG reduction markets. This study identifies Bolivia’s greenhouse gas (GHG) mitigation potential and produces three main results: Bolivia must both include Land Use, Land Use Change and Forestry projects (LULUCF projects) in the CDM and demand unilateral financing; host governments must ensure part of the CDM surplus is retained in their countries; and the procedure for CDM project approval is outlined and based on existing legislation in Bolivia.