What types of renewable energy projects should be eligible for carbon trade?
The Political Declaration of the Bonn International Conference for Renewable Energies 2004, that was discussed and adopted by ministers and government representatives from 154 countries, acknowledged that “in the context of Renewable 2004, renewable energy sources and technologies include: solar energy, wind energy, hydropower, biomass energy including biofuels and geothermal energy,” with no distinction with respect to scale. This is consistent with the discussions that took place at the World Summit on Sustainable Development held in 2002. A shortage of access to energy is recognized as one of the great obstacles to development, impeding business activity and disproportionately affecting the poor who have traditionally the least access. Many OECD countries have developed more than 80% of the potential of their economically-viable hydropower, and hydropower development has been a vital platform for economic growth. This is in contrast to 20% in developing countries as a whole, and und