Resumen
Clean Development Mechanisms (CDM) have achieved a certain level of cost-effective emission reductions in developing countries. In this context the uneven distribution of CDM projects in certain regions as well as the concentration of CDM projects amongst certain sectors in developing countries have resulted in the issue of whether CDM projects contribute to sustainable development in developing countries. This article examines the impact of CDM projects on sustainable development in South Africa by examining a sample of working CDM projects there and evaluating their impact on environmental, economic and social sustainable development. Based on observations during the study, CDM policy changes are reviewed, and options to enhance the sustainable development implications of CDM projects are explained.