Environmental Valuation & Cost-Benefit News
The Clean Development Mechanism and the international diffusion of technologies: An empirical study
03/09/08
11:04:40 am, by damageva 
, 178 words, 140 views 
Categories: General, Climate Change GHG Carbon CO2, Academic Study/Journal Article, Costs and Benefits
The Clean Development Mechanism and the international diffusion of technologies: An empirical study
Abstract: The Clean Development Mechanism (CDM) is expected to stimulate the North–South transfer of climate-friendly technologies. This paper provides an assessment of the technology transfers that take place through the CDM using a data set of 644 registered projects. It provides a detailed description of the transfers (frequency, type, by sector, by host country, etc.). It also includes an econometric analysis of their drivers. We show that transfer likeliness increases with the size of the projects. The transfer probability is 50% higher in projects implemented in a subsidiary of Annex 1 companies while the presence of an official credit buyer has a lower—albeit positive—impact. The analysis also yields interesting results on how technological capabilities of the host country influence technology diffusion in the CDM.
Keywords: Kyoto Protocol; Clean Development Mechanism; International technology transfer
by Antoine Dechezleprêtre, Matthieu Glachant and Yann Ménière; CERNA, École des Mines de Paris, 60 Boulevard Saint Michel, 75272 Paris Cedex 06, France; Tel.: +33 1 40 51 92 29; fax: +33 1 40 51 91 45.
Energy Policy via Elsevier Science Direct www.ScienceDirect.com
Volume 36, Issue 4; April, 2008; Pages 1273-1283
http://dx.doi.org/10.1016/j.enpol.2007.12.009
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