Africa and the clean development mechanism
What determines project investments?
- verfasst von
- Dirk Röttgers, Ulrike Grote
- Abstract
African countries have hardly used the opportunity to implement CDM projects and thereby turn environmental problems into business and development opportunities. This paper finds out why by identifying factors of CDM partnerships. Our gravity model analyzes flows of Certified Emission Reductions (CERs) between host and financier countries. Findings show that foreign direct investments, official development assistance, and trade have a positive influence on project attraction. A distinction between project initiation and CER flow size shows that the specific shortcomings of African countries lie with the initial attraction of investors. This points to an inadequacy in the initial process of project generation.
- Organisationseinheit(en)
-
Institut für Umweltökonomik und Welthandel
- Typ
- Artikel
- Journal
- World development
- Band
- 62
- Seiten
- 201-212
- Anzahl der Seiten
- 12
- ISSN
- 0305-750X
- Publikationsdatum
- 10.2014
- Publikationsstatus
- Veröffentlicht
- Peer-reviewed
- Ja
- ASJC Scopus Sachgebiete
- Geografie, Planung und Entwicklung, Entwicklung, Soziologie und Politikwissenschaften, Volkswirtschaftslehre und Ökonometrie
- Ziele für nachhaltige Entwicklung
- SDG 10 – Weniger Ungleichheiten
- Elektronische Version(en)
-
https://doi.org/10.1016/j.worlddev.2014.05.009 (Zugang:
Geschlossen)
