We are pleased to announce a new report on the functioning of the CDM. The 
report is the result of a background study and seminar on the functioning of 
the Clean Development Mechanism (CDM) organised under the auspices of European 
Climate Platform (ECP), a joint initiative by CLIPORE & CEPS. It contains an 
analysis of the CDM from strategic and operational perspectives, and addresses 
the question of how the CDM could be improved in order to transform it from a 
limited instrument to a major tool to achieve long-term climate change 
objectives. 
The report contains key message and a number of concrete and operational policy 
recommendations for CDM reform, to improve its immediate functioning and to 
exploit in full its future potential. The recommendations are addressed to the 
negotiating Parties of the United Nations Framework Convention of Climate 
Change gathering at the 11th Conference of the Parties and 1st Meeting of the 
Parties in Montreal. They reflect the views of the seminar participants, 
although they not necessarily all subscribe to them. 
The report can be downloaded at 
http://www.ceps.be/files/ECP_Report_Improving_the_CDM_eversion.pdf 

Side event at the UN Climate Summit in Montreal
The above mentioned report will be presented by lead author Christian Egenhofer 
at a side event on 6 December 2005, 18:00-19:30. The side event includes 
keynote speeches by Werner Wutscher, Secretary-General of Austria’s Environment 
Ministry and incoming EU Presidency and Marthinus van Schalkwyk, Environment 
Minister of South Africa. It also includes a panel debate with several 
distinguished speakers (please go to 
http://www.ceps.be/files/Agenda_Side_Event_CDM_Montreal.pdf  to download the 
full programme of the side event).The side event will be chaired by Bo Kjellén, 
co-chair of the European Climate Platform and Fellow at the Stockholm 
Environment Institute and Tyndall Centre. 

About the European Climate Platform
The European Climate Platform is a joint initiative of the Climate Policy 
Research Programme (Clipore) of the Swedish Foundation for Strategic 
Environmental Research (Mistra) in Stockholm and the Centre for European Policy 
Studies (CEPS) in Brussels. Established in 2005, the ECP aims to facilitate 
interaction within the policy research community, mainly but not exclusively in 
Europe. Its working methods consist of bringing together a select number of 
policy-makers, negotiators and experts to vigorously debate key topics in the 
area of international climate change policy and to widely disseminate its 
conclusions. The ECP actively seeks dialogue with policy-makers and other 
stakeholders while being dedicated to academic excellence, unqualified 
independence and policy relevance. The ECP is governed by a steering group, 
drawn from government and academia. For further information please visit: 
http://www.ceps.be/Article.php?article_id=484 .

The full reference of the report is: Egenhofer, C., van Schaik, L.G. and D. 
Cornland (2005), Improving the Clean Development Mechanism, European Climate 
Platform Report.

For further information please contact [EMAIL PROTECTED], +32 2 229 3984


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