The incidence and extent of the CDM across developing countries

منو

" The incidence and extent of the CDM across developing countries "
Rahman, SM; Dinar, A; Larson, DF

Document Type	:	AL
Record Number	:	912319
Doc. No	:	LA3962x1zg
Title & Author	:	The incidence and extent of the CDM across developing countries [Article]\ Rahman, SM; Dinar, A; Larson, DF
Date	:	2016
Title of Periodical	:	UC Riverside
Abstract	:	© 2016 Cambridge University Press. This paper empirically examines the factors that determine the incidence and extent of the Clean Development Mechanism (CDM) in developing countries. Estimation results show that the incidence and extent of the CDM is greater for the developing countries with larger mitigation potential and greater capacity to manage the projects. Developing countries with faster economic growth and past experience with activities implemented jointly (AIJ) projects are more likely to host renewable energy projects, although this is not the case for other project types. The incidence and extent of foreign investment projects in energy efficiency, CO2 reduction and non-CO2 gas reduction projects are higher for the countries with lower per capita GDP, most likely due to capital constraints. There is no evidence that the number of sub-regional projects impinged on investment flows. Countries in Sub-Saharan Africa appear to face special obstacles under the CDM even after the strength of institutions and energy-related mitigation opportunities are accounted for.