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Technology transfers in the Clean Development Mechanism: an incentives issue

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  • Millock, Katrin

Abstract

The Clean Development Mechanism (CDM) offers abatement cost savings under the Kyoto Protocol by allowing credits for emission reductions obtained in signatory developing countries. The paper argues that technology transfers can improve incentives for cost-effective emission reductions under bilateral CDM contracts when there is asymmetric information between the investor and the host party.JEL classification: Q20; D82

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Bibliographic Info

Article provided by Cambridge University Press in its journal Environment and Development Economics.

Volume (Year): 7 (2002)
Issue (Month): 03 (July)
Pages: 449-466

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Handle: RePEc:cup:endeec:v:7:y:2002:i:03:p:449-466_00

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Cited by:
  1. Linda Sahlén & Thomas Aronsson & Kenneth Backlund, 2006. "Technology Transfers and the Clean Development Mechanism in a North-South General Equilibrium Model," Working Papers 2006.145, Fondazione Eni Enrico Mattei.
  2. Thierry Brechet & Yann Meniere & Pierre M. Picard, 2012. "The Clean Development Mechanism in a Global Carbon Market," CEEES Paper Series CE3S-06/12, European University at St. Petersburg, Department of Economics.
  3. Jang Schiltz & Marc Boissaux, 2011. "Practical weight-constrained conditioned portfolio optimization using risk aversion indicator signals," CREA Discussion Paper Series 11-12, Center for Research in Economic Analysis, University of Luxembourg.
  4. Hagem, Cathrine, 2009. "The clean development mechanism versus international permit trading: The effect on technological change," Resource and Energy Economics, Elsevier, vol. 31(1), pages 1-12, January.
  5. Emma Paulsson, 2009. "A review of the CDM literature: from fine-tuning to critical scrutiny?," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 9(1), pages 63-80, February.
  6. Bayramoglu, Basak & Jacques, Jean-François, 2012. "International negotiations on the environment : Uniform vs. differentiated standards," Economics Papers from University Paris Dauphine 123456789/4069, Paris Dauphine University.
  7. Doranova, Asel & Costa, Ionara & Duysters, Geert, 2010. "Knowledge base determinants of technology sourcing in clean development mechanism projects," Energy Policy, Elsevier, vol. 38(10), pages 5550-5559, October.
  8. Dirk T.G. Rübbelke & Vivekananda Mukherjee & Tilak Sanyal, 2008. "Technology Transfer in the Non-traded Sector as a Means to Combat Global Warming," Working Papers 2008.78, Fondazione Eni Enrico Mattei.
  9. Matthieu Glachant & Yann Ménière, 2011. "Project Mechanisms and Technology Diffusion in Climate Policy," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 49(3), pages 405-423, July.
  10. Cathrine Hagem, 2007. "The clean development mechanism versus international permit trading: the effect on technological change," Discussion Papers 521, Research Department of Statistics Norway.
  11. Doranova, Asel & Costa, Ionara & Duysters, Geert, 2009. "Knowledge Base Determinants of Technology Sourcing in the Clean Development Mechanism Projects," MERIT Working Papers 015, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  12. Nicola Cantore & Emilio Padilla, 2009. "Emissions distribution in post–Kyoto international negotiations: a policy perspective," Working Papers wpdea0907, Department of Applied Economics at Universitat Autonoma of Barcelona.

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