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Energy Efficiency (ENEF) is one of the most promising sectors for reducing emissions of sustained growth and increasing energy security in developing countries. ENEF is, however, severely underrepresented in the Clean Development Mechanism (CDM), due in large part to its dispersed nature, which cannot be easily accommodated into traditional CDM modalities. Furthermore, in the present context, uncertainty prevails to whether the CDM is actually procuring its aims in terms of achieving Sustainable Development (SD) as well as to what extent. On the other hand, programmatic CDM (pCDM) could become an important tool to both bundle small-scale projects and organise similar (not necessarily small-scale) projects carried out at different locations and scales. In this respect, pCDM could offer a promising framework to maximize SD benefits through the inclusion of ENEF activities in developing countries. Compact Fluorescent Lamps (CFLs) technology has a significant technical potential within Chile, but 'somehow' do not receive sufficient attention from relevant stakeholders and key market players. This paper presents an analysis that explores for Chile, the potential of CFLs to deliver key energy services for the country. In the above framework, a simulation will be presented on the potential of large-scale CFL deployment in Chile in CDM emissions trading, energy and environmental terms. [ABSTRACT FROM AUTHOR]

Sustainable development in developing countries is the main aim of the Kyoto Protocol's Clean Development Mechanism (CDM). However, in the present context, uncertainty prevails as to whether the CDM is actually achieving its aims in terms of achieving sustainable development and to what extent. Chile has several renewable energy and energy efficiency options with significant greenhouse gas (GHG) emissions abatement potential that are not yet financially and economically competitive. In order to be able to identify potential CDM projects and to formulate a series of possible investment strategies with a sustainable development component, it is crucial to establish a clear understanding of the host country's needs and priorities and the suitable sustainable energy technologies to meet these needs. The main scope of this paper is to present results obtained from an elaborated stakeholder assessment on Chile's high priority energy needs and sustainable energy technologies fulfilling these needs in order to assist Chile in finding ways of encouraging technology transfer that would contribute to low-carbon sustainable energy development. [ABSTRACT FROM AUTHOR]