IDEAS home Printed from https://ideas.repec.org/a/taf/deveza/v24y2007i2p335-344.html

Entrepreneurship and innovation in development finance institutions for promoting the clean development mechanism in Africa

Author

Listed:
  • Mandla Sv Gantsho
  • Patrick Karani

Abstract

This article demonstrates how entrepreneurship and innovation can help promote the clean development mechanism in Africa through development finance institutions. If DFIs do not have sufficient knowledge of how to enhance entrepreneurship and innovation they will have only a limited impact in promoting innovative financial instruments for achieving environmental benefits. Supporting innovation and entrepreneurship will enable DFIs to create opportunities for adaptive learning and creativity, to adjust to emerging CDM innovative financial instruments and to play a key role in promoting CDM in Africa. It will make DFIs more knowledge based and enhance their ability to provide monetary incentives through their project financing activities, to encourage and facilitate partnerships to support the CDM, and to provide technical advice and support to clients for project design, planning and implementation.

Suggested Citation

  • Mandla Sv Gantsho & Patrick Karani, 2007. "Entrepreneurship and innovation in development finance institutions for promoting the clean development mechanism in Africa," Development Southern Africa, Taylor & Francis Journals, vol. 24(2), pages 335-344.
    • Handle: RePEc:taf:deveza:v:24:y:2007:i:2:p:335-344
    DOI: 10.1080/03768350701327269
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/03768350701327269
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/03768350701327269?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Thomas Sterner (ed.), 1999. "The Market and the Environment," Books, Edward Elgar Publishing, number 1567.
    2. repec:wbk:wboper:13416 is not listed on IDEAS
    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. Roland Bardy & Stephen Drew & Tumenta Kennedy, 2012. "Foreign Investment and Ethics: How to Contribute to Social Responsibility by Doing Business in Less-Developed Countries," Journal of Business Ethics, Springer, vol. 106(3), pages 267-282, March.
    2. Danny Cassimon & Peter‐Jan Engelen & Linda Peters & Martin Prowse, 2023. "Valuing investments in the Global Carbon Market Mechanism as compound real options: Lessons from the Clean Development Mechanism," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(5), pages 3443-3458, October.
    3. Thurner, Thomas W. & Varughese, Arun, 2013. "Experiences of project developers around CDM projects in South Africa," Energy Policy, Elsevier, vol. 61(C), pages 1271-1275.
    4. Baffoe, Gideon, 2019. "Exploring the utility of Analytic Hierarchy Process (AHP) in ranking livelihood activities for effective and sustainable rural development interventions in developing countries," Evaluation and Program Planning, Elsevier, vol. 72(C), pages 197-204.

    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. Brannlund, Runar & Nordstrom, Jonas, 2004. "Carbon tax simulations using a household demand model," European Economic Review, Elsevier, vol. 48(1), pages 211-233, February.
    2. Mike Young & Jim McColl, 2003. "Robust Reform: Implementing robust institutional arrangements to achieve efficient water use in Australia," Natural Resource Management Economics 03_003, Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia.
    3. Stavins, Robert, 2001. "Lessons From the American Experiment With Market-Based Environmental Policies," RFF Working Paper Series dp-01-53, Resources for the Future.
    4. G. S Becker & K. M Murphy & Ivan Werning, 2000. "Status, Lotteries, and Inequality," University of Chicago - George G. Stigler Center for Study of Economy and State 160, Chicago - Center for Study of Economy and State.
    5. Bleischwitz, Raimund & Bader, Nikolas & Dannemand, Per & Nygaard, Anne, 2008. "EU Policies and Cluster Development of Hydrogen Communities," MPRA Paper 14501, University Library of Munich, Germany.
    6. Stavins, Robert, 2003. "Market-Based Environmental Policies: What Can We Learn from U.S. Experience and Related Research?," Working Paper Series rwp03-031, Harvard University, John F. Kennedy School of Government.
    7. Desmond, John & Crane, Andrew, 2004. "Morality and the consequences of marketing action," Journal of Business Research, Elsevier, vol. 57(11), pages 1222-1230, November.
    8. Kevin M. Murphy, 2015. "Gary Becker as Teacher," American Economic Review, American Economic Association, vol. 105(5), pages 71-73, May.
    9. Ashokankur Datta, 2008. "The incidence of fuel taxation in India," Discussion Papers 08-05, Indian Statistical Institute, Delhi.
    10. Patrick Karani & Mandla Gantsho, 2007. "The Role of Development Finance Institutions (DFIs) in␣Promoting the Clean Development Mechanism (CDM) in Africa," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 9(3), pages 203-228, August.
    11. Kazmerchuk, Yuriy & Swishchuk, Anatoliy & Wu, Jianhong, 2007. "The pricing of options for securities markets with delayed response," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 75(3), pages 69-79.
    12. Susana Ferreira, 2007. "Trade Policy and Natural Resource Use: The Case for a Quantitative Restriction," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(2), pages 361-376, June.

    More about this item

    Statistics

    Access and download statistics

    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:taf:deveza:v:24:y:2007:i:2:p:335-344. See general information about how to correct material in RePEc.

    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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CDSA20 .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.