The Clean Development Mechanism of the Kyoto Protocol makes it possible to carry out projects that reduce carbon dioxide emissions in developing countries with funding from the North. Using case studies from Barbados, Brazil, China, India, Mexico and South Africa, this report examines the contribution of solar water-heating projects to reducing carbon emissions. 

The report suggests that in these six countries, there is good potential for solar water-heating projects. However, the report also points to several obstacles including institutional inertia and a lack of communication between manufacturers and the building industry.

While somewhat technical, the report provides an interesting assessment of the potential opportunities of a specific alternative energy technology in a carbon finance context. It can serve as case study reading for those interested in carbon finance in the South.