IDEAS home Printed from https://ideas.repec.org/a/spr/masfgc/v16y2011i6p677-698.html
   My bibliography  Save this article

Supporting greenhouse gas mitigation in developing cities: a synthesis of financial instruments

Author

Listed:
  • Jun Li

Abstract

One of the major concerns with the post-2012 global climate regime is to reach consensus on how to finance actions needed in fast-growing developing economies for significant greenhouses gases emissions mitigation. International financial and technology transfer are bound to bridge the gap under well-designed institutional framework to facilitate the transition to low(er) carbon development trajectories in developing countries. So far, cities, which contribute nearly 80% of global emissions, have not yet been recognised as a legitimate entity to implement different greenhouse gas mitigation policies and measures with relevant technical and financial abilities. Here we discuss the scope and scale of different climate-relevant financial mechanisms and describe their comparative advantages and weakness in financing climate resilient urban infrastructures (buildings and transport in particular). We show the limitations of current instruments available in scaling up necessary financial flows into developing cities to achieve the long term climate stabilisation targets. Lastly, the paper examines the feasibility of factoring the sector-wise and Nationally Appropriate Mitigation Actions (NAMA) mechanisms into local authorities' long-term mitigation strategy by raising necessary funds to facilitate shifting the business as usual trajectories in developing cities in the next decades.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Jun Li, 2011. "Supporting greenhouse gas mitigation in developing cities: a synthesis of financial instruments," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 16(6), pages 677-698, August.
  • Handle: RePEc:spr:masfgc:v:16:y:2011:i:6:p:677-698
    DOI: 10.1007/s11027-011-9288-8
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11027-011-9288-8
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. de Coninck, Heleen & Fischer, Carolyn & Newell, Richard G. & Ueno, Takahiro, 2008. "International technology-oriented agreements to address climate change," Energy Policy, Elsevier, vol. 36(1), pages 335-356, January.
    2. Sonja Peterson, 2008. "Greenhouse gas mitigation in developing countries through technology transfer?: a survey of empirical evidence," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 13(3), pages 283-305, March.
    3. Jan Corfee-Morlot & Lamia Kamal-Chaoui & Michael G. Donovan & Ian Cochran & Alexis Robert & Pierre-Jonathan Teasdale, 2009. "Cities, Climate Change and Multilevel Governance," OECD Environment Working Papers 14, OECD Publishing.
    4. Cheng, Chia-Chin, 2010. "A new NAMA framework for dispersed energy end-use sectors," Energy Policy, Elsevier, vol. 38(10), pages 5614-5624, October.
    5. Lewis, Joanna I., 2010. "The evolving role of carbon finance in promoting renewable energy development in China," Energy Policy, Elsevier, vol. 38(6), pages 2875-2886, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Abanda, F.H. & Ng’ombe, A. & Keivani, R. & Tah, J.H.M., 2012. "The link between renewable energy production and gross domestic product in Africa: A comparative study between 1980 and 2008," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(4), pages 2147-2153.
    2. Rodrigo Galbieri & Thiago Luis Felipe Brito & Dominique Mouette & Hirdan Katarina Medeiros Costa & Edmilson Moutinho dos Santos & Murilo Tadeu Werneck Fagá, 2018. "Bus fleet emissions: new strategies for mitigation by adopting natural gas," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 23(7), pages 1039-1062, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pueyo, Ana & García, Rodrigo & Mendiluce, María & Morales, Darío, 2011. "The role of technology transfer for the development of a local wind component industry in Chile," Energy Policy, Elsevier, vol. 39(7), pages 4274-4283, July.
    2. Gosens, Jorrit & Lu, Yonglong, 2013. "From lagging to leading? Technological innovation systems in emerging economies and the case of Chinese wind power," Energy Policy, Elsevier, vol. 60(C), pages 234-250.
    3. Antonio Ledda & Elisabetta Anna Di Cesare & Giovanni Satta & Gianluca Cocco & Giovanna Calia & Filippo Arras & Annalisa Congiu & Emanuela Manca & Andrea De Montis, 2020. "Adaptation to Climate Change and Regional Planning: A Scrutiny of Sectoral Instruments," Sustainability, MDPI, Open Access Journal, vol. 12(9), pages 1-15, May.
    4. Lai, N.Y.G. & Yap, E.H. & Lee, C.W., 2011. "Viability of CCS: A broad-based assessment for Malaysia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(8), pages 3608-3616.
    5. Hübler, Michael, 2011. "Technology diffusion under contraction and convergence: A CGE analysis of China," Energy Economics, Elsevier, vol. 33(1), pages 131-142, January.
    6. Johannes Urpelainen, 2014. "Sinking costs to increase participation: technology deployment agreements enhance climate cooperation," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 16(3), pages 229-240, July.
    7. Mo, Jian-Lei & Agnolucci, Paolo & Jiang, Mao-Rong & Fan, Ying, 2016. "The impact of Chinese carbon emission trading scheme (ETS) on low carbon energy (LCE) investment," Energy Policy, Elsevier, vol. 89(C), pages 271-283.
    8. Winfried Osthorst, 2020. "Tensions in Urban Transitions. Conceptualizing Conflicts in Local Climate Policy Arrangements," Sustainability, MDPI, Open Access Journal, vol. 13(1), pages 1-17, December.
    9. Pauline Lacour & Catherine Figuière, 2011. "Environmentally friendly technologies transfers through trade flows from Japan to China - An approach by bilateral trade in environmental goods," Post-Print halshs-00628832, HAL.
    10. Janthana Kunchornrat & Aumnad Phdungsilp, 2012. "Multi-Level Governance of Low-Carbon Energy Systems in Thailand," Energies, MDPI, Open Access Journal, vol. 5(3), pages 1-14, February.
    11. Fouad Khan & Benjamin K. Sovacool, 2016. "Testing the efficacy of voluntary urban greenhouse gas emissions inventories," Climatic Change, Springer, vol. 139(2), pages 141-154, November.
    12. Valentina Bosetti & Elena Verdolini, 2013. "Clean and Dirty International Technology Diffusion," Working Papers 2013.43, Fondazione Eni Enrico Mattei.
    13. Giacomo Marangoni & Massimo Tavoni, 2014. "The Clean Energy R&D Strategy For 2°C," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 5(01), pages 1-23.
    14. Nabernegg, Stefan & Bednar-Friedl, Birgit & Muñoz, Pablo & Titz, Michaela & Vogel, Johanna, 2019. "National Policies for Global Emission Reductions: Effectiveness of Carbon Emission Reductions in International Supply Chains," Ecological Economics, Elsevier, vol. 158(C), pages 146-157.
    15. Narita, Daiju & Wagner, Ulrich J., 2011. "Expectation-driven climate treaties with breakthrough technologies," Kiel Working Papers 1732, Kiel Institute for the World Economy (IfW).
    16. Khan, Zeeshan & Malik, Muhammad Yousaf & Latif, Kashmala & Jiao, Zhilun, 2020. "Heterogeneous effect of eco-innovation and human capital on renewable & non-renewable energy consumption: Disaggregate analysis for G-7 countries," Energy, Elsevier, vol. 209(C).
    17. MILE 09, Maria Anna Corvaglia, 2013. "South-South Technology Transfer Addressing Climate Change: The Emerging Role of Developing Countries in the Global Climate Governance," Papers 474, World Trade Institute.
    18. Wang, Linyuan & Zhao, Lin & Mao, Guozhu & Zuo, Jian & Du, Huibin, 2017. "Way to accomplish low carbon development transformation: A bibliometric analysis during 1995–2014," Renewable and Sustainable Energy Reviews, Elsevier, vol. 68(P1), pages 57-69.
    19. Popp, David & Newell, Richard, 2012. "Where does energy R&D come from? Examining crowding out from energy R&D," Energy Economics, Elsevier, vol. 34(4), pages 980-991.
    20. Independent Evaluation Group, 2010. "Climate Change and the World Bank Group : Phase II - The Challenge of Low-Carbon Development," World Bank Publications, The World Bank, number 2548.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:masfgc:v:16:y:2011:i:6:p:677-698. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: http://www.springer.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.