Selecting a CDM investor in China: a critical analysis
Article
Article Title | Selecting a CDM investor in China: a critical analysis |
---|---|
ERA Journal ID | 32863 |
Article Category | Article |
Authors | |
Author | Maraseni, Tek Narayan |
Journal Title | Energy Policy |
Journal Citation | 53, pp. 484-489 |
Number of Pages | 6 |
Year | 2013 |
Publisher | Elsevier |
Place of Publication | London, United Kingdom |
ISSN | 0301-4215 |
1873-6777 | |
Digital Object Identifier (DOI) | https://doi.org/10.1016/j.enpol.2012.11.019 |
Abstract | The Kyoto Protocol adopted three flexible market-based mechanisms (Emissions Trading; Joint Implementation; Clean Development Mechanism) to meet emission reduction targets in a costeffective manner. Of these, the Clean Development Mechanism (CDM) is the only mechanism that links developed and developing countries. China has been a dominant player in CDM markets with >50.86% of the world's 4768 CDM projects. This study surveyed key CDM stakeholders from which the identification and ranking of the 10 most important factors that determine the selection of CDM investors in China. The most important factors were 'reputation of company' and 'experience in CDM project in China' whilst 'personal friendship or relationship' was the least influential. European countries (mainly UK, The Netherlands, Sweden and Germany) are the major investors and have both strong reputations in the CDM arena in addition to having assisted China in capacity development activities for CDM in early 2000. An understanding of these selection factors that potential CDM hosts use in their joint venture decisions should benefit CDM investors. This knowledge should also provide the policy and strategic level framework for future potential CDM hosts in other developing countries. |
Keywords | climate change mitigation; critical factors; developing countries |
ANZSRC Field of Research 2020 | 380105. Environment and resource economics |
440704. Environment policy | |
410102. Ecological impacts of climate change and ecological adaptation | |
Public Notes | Files associated with this item cannot be displayed due to copyright restrictions. |
Byline Affiliations | Australian Centre for Sustainable Catchments |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q1qxz/selecting-a-cdm-investor-in-china-a-critical-analysis
1891
total views10
total downloads0
views this month0
downloads this month