Factors Affecting Levels of International Cooperation in Carbon Abatement Projects
The Clean Development Mechanism, a provision of The Kyoto Protocol, allows countries that have pledged to reduce their greenhouse gas emissions to gain credit toward their treaty obligations by investing in projects located in developing (host) cou...
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| Format: | Policy Research Working Paper |
| Language: | English |
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Washington, DC: World Bank
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/11/10049439/factors-affecting-levels-international-cooperation-carbon-abatement-projects http://hdl.handle.net/10986/6314 |
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okr-10986-6314 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ABATEMENT ANIMAL WASTE APPROACH ATMOSPHERE AVAILABILITY BARRIER BILATERAL TRADE BIOMASS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS REGULATION BUSINESS REGULATIONS CAPITAL INVESTMENTS CARBON CARBON ABATEMENT CARBON DIOXIDE CARBON FINANCE CARBON MARKET CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLIMATE CHANGE CLIMATE CHANGE NEGOTIATIONS CLIMATIC CHANGE CO2 CO2 EMISSIONS COAL CONCEPTUAL FRAMEWORK COUNTRY INVESTORS CURRENCY DEMOCRACY DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DEVELOPMENT POLICIES DEVELOPMENT POLICY DIVIDEND ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMICS ECONOMICS LITERATURE ECONOMICS RESEARCH EGALITARIANISM ELECTRICITY ELECTRICITY GENERATION ELECTRICITY GENERATION CAPACITY ELECTRICITY PRODUCTION EMISSION EMISSION REDUCTION EMISSION REDUCTIONS EMISSIONS EMISSIONS REDUCTION EMPIRICAL ANALYSIS EMPIRICAL STUDIES ENERGY CONSUMPTION ENERGY DEVELOPMENT ENERGY RESOURCE ENERGY RESOURCES ENERGY SOURCES ENERGY STRUCTURE ENERGY USE ENVIRONMENTAL ENVIRONMENTAL ECONOMICS ENVIRONMENTAL POLITICS EXCHANGE RATE EXCHANGE RATES EXPENDITURES EXPORTS FIXED COSTS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENTS FOREIGN INVESTORS FUNCTIONAL FORMS GDP GDP PER CAPITA GHGS GLOBAL ECONOMY GLOBALIZATION GOVERNANCE INDICATORS GOVERNANCE MEASURES GREENHOUSE GAS GREENHOUSE GAS EMISSION REDUCTIONS GREENHOUSE GAS EMISSIONS GROSS DOMESTIC PRODUCT GROSS DOMESTIC PRODUCT PER CAPITA IMPORTS INSTITUTIONAL CAPACITY INTERNATIONAL COOPERATION INTERNATIONAL INVESTORS INTERNATIONAL POLITICS INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTMENT DECISION JOINT IMPLEMENTATION KYOTO PROTOCOL MULTILATERAL INTERACTIONS MULTIPLIER EFFECT NATURAL DISASTERS NONRENEWABLE ENERGY OFFSHORE WIND OIL OIL EQUIVALENT OIL SHALE OPPORTUNITY COST OUTPUTS PIPELINE POLICY MAKERS POLITICAL ECONOMY POLITICAL STABILITY POLLUTION POLLUTION CONTROL PORTFOLIO POVERTY ALLEVIATION POWER POWER GENERATION POWER GENERATION CAPACITY PROFIT MAXIMIZATION PROPERTY RIGHTS REGRESSION ANALYSES REGRESSION ANALYSIS REMOTE REGIONS RENEWABLE ENERGY RENEWABLE ENERGY PROJECTS RENEWABLE ENERGY RESOURCES RENEWABLE RESOURCES RIVERS SEA LEVEL RISE SUSTAINABLE DEVELOPMENT TAX TECHNOLOGY TRANSFER TECHNOLOGY TRANSFERS TRADE RELATIONS TRANSACTION COST TRANSACTION COSTS UNEP UNITED NATIONS ENVIRONMENT PROGRAMME URBAN DEVELOPMENT VARIABLE COSTS WIND ENERGY WIND FARM WORKING CAPITAL WORLD DEVELOPMENT INDICATORS WORLD ECONOMY |
| spellingShingle |
ABATEMENT ANIMAL WASTE APPROACH ATMOSPHERE AVAILABILITY BARRIER BILATERAL TRADE BIOMASS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS REGULATION BUSINESS REGULATIONS CAPITAL INVESTMENTS CARBON CARBON ABATEMENT CARBON DIOXIDE CARBON FINANCE CARBON MARKET CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLIMATE CHANGE CLIMATE CHANGE NEGOTIATIONS CLIMATIC CHANGE CO2 CO2 EMISSIONS COAL CONCEPTUAL FRAMEWORK COUNTRY INVESTORS CURRENCY DEMOCRACY DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DEVELOPMENT POLICIES DEVELOPMENT POLICY DIVIDEND ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMICS ECONOMICS LITERATURE ECONOMICS RESEARCH EGALITARIANISM ELECTRICITY ELECTRICITY GENERATION ELECTRICITY GENERATION CAPACITY ELECTRICITY PRODUCTION EMISSION EMISSION REDUCTION EMISSION REDUCTIONS EMISSIONS EMISSIONS REDUCTION EMPIRICAL ANALYSIS EMPIRICAL STUDIES ENERGY CONSUMPTION ENERGY DEVELOPMENT ENERGY RESOURCE ENERGY RESOURCES ENERGY SOURCES ENERGY STRUCTURE ENERGY USE ENVIRONMENTAL ENVIRONMENTAL ECONOMICS ENVIRONMENTAL POLITICS EXCHANGE RATE EXCHANGE RATES EXPENDITURES EXPORTS FIXED COSTS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENTS FOREIGN INVESTORS FUNCTIONAL FORMS GDP GDP PER CAPITA GHGS GLOBAL ECONOMY GLOBALIZATION GOVERNANCE INDICATORS GOVERNANCE MEASURES GREENHOUSE GAS GREENHOUSE GAS EMISSION REDUCTIONS GREENHOUSE GAS EMISSIONS GROSS DOMESTIC PRODUCT GROSS DOMESTIC PRODUCT PER CAPITA IMPORTS INSTITUTIONAL CAPACITY INTERNATIONAL COOPERATION INTERNATIONAL INVESTORS INTERNATIONAL POLITICS INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTMENT DECISION JOINT IMPLEMENTATION KYOTO PROTOCOL MULTILATERAL INTERACTIONS MULTIPLIER EFFECT NATURAL DISASTERS NONRENEWABLE ENERGY OFFSHORE WIND OIL OIL EQUIVALENT OIL SHALE OPPORTUNITY COST OUTPUTS PIPELINE POLICY MAKERS POLITICAL ECONOMY POLITICAL STABILITY POLLUTION POLLUTION CONTROL PORTFOLIO POVERTY ALLEVIATION POWER POWER GENERATION POWER GENERATION CAPACITY PROFIT MAXIMIZATION PROPERTY RIGHTS REGRESSION ANALYSES REGRESSION ANALYSIS REMOTE REGIONS RENEWABLE ENERGY RENEWABLE ENERGY PROJECTS RENEWABLE ENERGY RESOURCES RENEWABLE RESOURCES RIVERS SEA LEVEL RISE SUSTAINABLE DEVELOPMENT TAX TECHNOLOGY TRANSFER TECHNOLOGY TRANSFERS TRADE RELATIONS TRANSACTION COST TRANSACTION COSTS UNEP UNITED NATIONS ENVIRONMENT PROGRAMME URBAN DEVELOPMENT VARIABLE COSTS WIND ENERGY WIND FARM WORKING CAPITAL WORLD DEVELOPMENT INDICATORS WORLD ECONOMY Dinar, Ariel Rahman, Shaikh Mahfuzur Larson, Donald Ambrosi, Philippe Factors Affecting Levels of International Cooperation in Carbon Abatement Projects |
| relation |
Policy Research Working Paper; No. 4786 |
| description |
The Clean Development Mechanism, a
provision of The Kyoto Protocol, allows countries that have
pledged to reduce their greenhouse gas emissions to gain
credit toward their treaty obligations by investing in
projects located in developing (host) countries. Such
projects are expected to benefit both parties by providing
low-cost abatement opportunities for the investor-country,
while facilitating capital and technology flows to the host
country. This paper analyzes the Clean Development Mechanism
market, emphasizing the cooperation aspects between host and
investor countries. The analysis uses a dichotomous
(yes/no) variable and three continuous variants to measure
the level of cooperation, namely the number of joint
projects, the volume of carbon dioxide abatement, and the
volume of investment in the projects. The results suggest
that economic development, institutional development, the
energy structure of the economies, the level of country
vulnerability to various climate change effects, and the
state of international relations between the host and
investor countries are good predictors of the level of
cooperation in Clean Development Mechanism projects. The
main policy conclusions include the importance of
simplifying the project regulation/clearance cycle;
improving the governance structure host and investor
countries; and strengthening trade or other long-term
economic activities that engage the countries. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Dinar, Ariel Rahman, Shaikh Mahfuzur Larson, Donald Ambrosi, Philippe |
| author_facet |
Dinar, Ariel Rahman, Shaikh Mahfuzur Larson, Donald Ambrosi, Philippe |
| author_sort |
Dinar, Ariel |
| title |
Factors Affecting Levels of International Cooperation in Carbon Abatement Projects |
| title_short |
Factors Affecting Levels of International Cooperation in Carbon Abatement Projects |
| title_full |
Factors Affecting Levels of International Cooperation in Carbon Abatement Projects |
| title_fullStr |
Factors Affecting Levels of International Cooperation in Carbon Abatement Projects |
| title_full_unstemmed |
Factors Affecting Levels of International Cooperation in Carbon Abatement Projects |
| title_sort |
factors affecting levels of international cooperation in carbon abatement projects |
| publisher |
Washington, DC: World Bank |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/11/10049439/factors-affecting-levels-international-cooperation-carbon-abatement-projects http://hdl.handle.net/10986/6314 |
| _version_ |
1764399848019197952 |
| spelling |
okr-10986-63142021-04-23T14:02:30Z Factors Affecting Levels of International Cooperation in Carbon Abatement Projects Dinar, Ariel Rahman, Shaikh Mahfuzur Larson, Donald Ambrosi, Philippe ABATEMENT ANIMAL WASTE APPROACH ATMOSPHERE AVAILABILITY BARRIER BILATERAL TRADE BIOMASS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS REGULATION BUSINESS REGULATIONS CAPITAL INVESTMENTS CARBON CARBON ABATEMENT CARBON DIOXIDE CARBON FINANCE CARBON MARKET CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLIMATE CHANGE CLIMATE CHANGE NEGOTIATIONS CLIMATIC CHANGE CO2 CO2 EMISSIONS COAL CONCEPTUAL FRAMEWORK COUNTRY INVESTORS CURRENCY DEMOCRACY DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DEVELOPMENT POLICIES DEVELOPMENT POLICY DIVIDEND ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMICS ECONOMICS LITERATURE ECONOMICS RESEARCH EGALITARIANISM ELECTRICITY ELECTRICITY GENERATION ELECTRICITY GENERATION CAPACITY ELECTRICITY PRODUCTION EMISSION EMISSION REDUCTION EMISSION REDUCTIONS EMISSIONS EMISSIONS REDUCTION EMPIRICAL ANALYSIS EMPIRICAL STUDIES ENERGY CONSUMPTION ENERGY DEVELOPMENT ENERGY RESOURCE ENERGY RESOURCES ENERGY SOURCES ENERGY STRUCTURE ENERGY USE ENVIRONMENTAL ENVIRONMENTAL ECONOMICS ENVIRONMENTAL POLITICS EXCHANGE RATE EXCHANGE RATES EXPENDITURES EXPORTS FIXED COSTS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENTS FOREIGN INVESTORS FUNCTIONAL FORMS GDP GDP PER CAPITA GHGS GLOBAL ECONOMY GLOBALIZATION GOVERNANCE INDICATORS GOVERNANCE MEASURES GREENHOUSE GAS GREENHOUSE GAS EMISSION REDUCTIONS GREENHOUSE GAS EMISSIONS GROSS DOMESTIC PRODUCT GROSS DOMESTIC PRODUCT PER CAPITA IMPORTS INSTITUTIONAL CAPACITY INTERNATIONAL COOPERATION INTERNATIONAL INVESTORS INTERNATIONAL POLITICS INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTMENT DECISION JOINT IMPLEMENTATION KYOTO PROTOCOL MULTILATERAL INTERACTIONS MULTIPLIER EFFECT NATURAL DISASTERS NONRENEWABLE ENERGY OFFSHORE WIND OIL OIL EQUIVALENT OIL SHALE OPPORTUNITY COST OUTPUTS PIPELINE POLICY MAKERS POLITICAL ECONOMY POLITICAL STABILITY POLLUTION POLLUTION CONTROL PORTFOLIO POVERTY ALLEVIATION POWER POWER GENERATION POWER GENERATION CAPACITY PROFIT MAXIMIZATION PROPERTY RIGHTS REGRESSION ANALYSES REGRESSION ANALYSIS REMOTE REGIONS RENEWABLE ENERGY RENEWABLE ENERGY PROJECTS RENEWABLE ENERGY RESOURCES RENEWABLE RESOURCES RIVERS SEA LEVEL RISE SUSTAINABLE DEVELOPMENT TAX TECHNOLOGY TRANSFER TECHNOLOGY TRANSFERS TRADE RELATIONS TRANSACTION COST TRANSACTION COSTS UNEP UNITED NATIONS ENVIRONMENT PROGRAMME URBAN DEVELOPMENT VARIABLE COSTS WIND ENERGY WIND FARM WORKING CAPITAL WORLD DEVELOPMENT INDICATORS WORLD ECONOMY The Clean Development Mechanism, a provision of The Kyoto Protocol, allows countries that have pledged to reduce their greenhouse gas emissions to gain credit toward their treaty obligations by investing in projects located in developing (host) countries. Such projects are expected to benefit both parties by providing low-cost abatement opportunities for the investor-country, while facilitating capital and technology flows to the host country. This paper analyzes the Clean Development Mechanism market, emphasizing the cooperation aspects between host and investor countries. The analysis uses a dichotomous (yes/no) variable and three continuous variants to measure the level of cooperation, namely the number of joint projects, the volume of carbon dioxide abatement, and the volume of investment in the projects. The results suggest that economic development, institutional development, the energy structure of the economies, the level of country vulnerability to various climate change effects, and the state of international relations between the host and investor countries are good predictors of the level of cooperation in Clean Development Mechanism projects. The main policy conclusions include the importance of simplifying the project regulation/clearance cycle; improving the governance structure host and investor countries; and strengthening trade or other long-term economic activities that engage the countries. 2012-05-22T18:49:45Z 2012-05-22T18:49:45Z 2008-11 http://documents.worldbank.org/curated/en/2008/11/10049439/factors-affecting-levels-international-cooperation-carbon-abatement-projects http://hdl.handle.net/10986/6314 English Policy Research Working Paper; No. 4786 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research :: Policy Research Working Paper Publications & Research |