Title Page -- Copyright -- Contents -- Acknowledgments -- About the Authors -- Acronyms and Abbreviations -- Executive Summary -- 1. Introduction -- 2. Meeting the Mitigation Challenge: The Decisive Participation of Developing Countries -- 3. Call for New Financing Mechanisms -- 4. The Proposed Low-Carbon Development Facility -- LCDF Concept: Objective, Design, and Scale -- Assessing the LCDF Impact -- Financial Viability -- Economic Efficiency -- 5. Building on the Kyoto Instruments: Attracting and Monitoring a Large Portfolio of Low-Carbon Development Projects -- 6. Coordination with Carbon Markets: Complementarities of the LCDF and CDM -- 7. Conclusion -- References -- Appendixes -- Appendix A. Mitigation Potential in Non-Annex I Countries -- Appendix B. Historical and Projected Evolution of the CDM Pipeline: Rapid Widening of Scope and Quick Growth of the Project Portfolio and Mitigation Potential -- Appendix C. LCDF Financial Model Initial Capital Estimate and Financial Viability -- Back Cover.