Details
| Originalsprache | Englisch |
|---|---|
| Seiten (von - bis) | 201-212 |
| Seitenumfang | 12 |
| Fachzeitschrift | World development |
| Jahrgang | 62 |
| Frühes Online-Datum | 6 Juni 2014 |
| Publikationsstatus | Veröffentlicht - Okt. 2014 |
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.
ASJC Scopus Sachgebiete
- Sozialwissenschaften (insg.)
- Geografie, Planung und Entwicklung
- Sozialwissenschaften (insg.)
- Entwicklung
- Sozialwissenschaften (insg.)
- Soziologie und Politikwissenschaften
- Volkswirtschaftslehre, Ökonometrie und Finanzen (insg.)
- Volkswirtschaftslehre und Ökonometrie
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in: World development, Jahrgang 62, 10.2014, S. 201-212.
Publikation: Beitrag in Fachzeitschrift › Artikel › Forschung › Peer-Review
}
TY - JOUR
T1 - Africa and the clean development mechanism
T2 - What determines project investments?
AU - Röttgers, Dirk
AU - Grote, Ulrike
PY - 2014/10
Y1 - 2014/10
N2 - 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.
AB - 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.
KW - Africa
KW - Clean Development Mechanism
KW - Foreign direct investment
KW - Gravity model
KW - Heckman
KW - Official development assistance
UR - http://www.scopus.com/inward/record.url?scp=84901986090&partnerID=8YFLogxK
U2 - 10.1016/j.worlddev.2014.05.009
DO - 10.1016/j.worlddev.2014.05.009
M3 - Article
AN - SCOPUS:84901986090
VL - 62
SP - 201
EP - 212
JO - World development
JF - World development
SN - 0305-750X
ER -