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The Clean Development Mechanism: Institutionalizing New Power Relations

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  • Wittneben, B.B.F.

Abstract

The differences in the way climate change mitigation projects are facilitated under the Kyoto Protocol as compared to the financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC) demonstrate institutional change processes that evolved from global climate change negotiations. Institutional change happens when new practices become accepted and interactions between organizations carry new meanings. Models of the two policy options are presented in this paper depicting organizational interactions to demonstrate the evolution of rule-setting in this arena. A discussion of power implications is provided with the conclusion that countries of the North as well as business corporations have increased their influence in the institutional framework of international climate change mitigation. Institutional theory needs to be further developed to be able to explain the dynamic changes that led to this shift in power potential.

Suggested Citation

  • Wittneben, B.B.F., 2007. "The Clean Development Mechanism: Institutionalizing New Power Relations," ERIM Report Series Research in Management ERS-2007-004-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    • Handle: RePEc:ems:eureri:8582
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    File URL: https://repub.eur.nl/pub/8582/ERS-2007-004-ORG.pdf
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    References listed on IDEAS

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    1. Michael Dutschke, Axel Michaelowa, 2000. "Climate cooperation as development policy: the case Of Costa Rica," International Journal of Sustainable Development, Inderscience Enterprises Ltd, vol. 3(1), pages 63-94.
    2. Levy, David L. & Kolk, Ans, 2002. "Strategic Responses to Global Climate Change: Conflicting Pressures on Multinationals in the Oil Industry," Business and Politics, Cambridge University Press, vol. 4(3), pages 275-300, November.
    3. Cynthia Hardy & Nelson Phillips, 1998. "Strategies of Engagement: Lessons from the Critical Examination of Collaboration and Conflict in an Interorganizational Domain," Organization Science, INFORMS, vol. 9(2), pages 217-230, April.
    4. Levy David L. & Kolk Ans, 2002. "Strategic Responses to Global Climate Change: Conflicting Pressures on Multinationals in the Oil Industry," Business and Politics, De Gruyter, vol. 4(3), pages 1-27, November.
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    Cited by:

    1. Vignola, Raffaele & McDaniels, Tim L. & Scholz, Roland W., 2012. "Negotiation analysis for mechanisms to deliver ecosystem services: The case of soil conservation in Costa Rica," Ecological Economics, Elsevier, vol. 75(C), pages 22-31.

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    More about this item

    Keywords

    Climate change; Environmental policy; Institutional change; Institutional theory; Power relations;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • M - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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