Abstract:
Clean Development is intended to tackle the dumping of greenhouse gases in the atmosphere that has
accompanied fossil fuel driven development in both countries of the North and the South. Per capita
GHG emissions are much higher in the North than the South and mitigation efforts based on carbon
trading are expected to provide the main approach to addressing the climate crisis globally. CDM is
presented as the South’s contribution to global climate change efforts but is tied into and serves the Cap
and Trade approach of the North. In this paper Pakistan’s contribution to CDM is critically
examined at the time of the completion of the first commitment period under the Kyoto protocol.