Small and beautiful? The programme of activities and the least developed countries

Bayer, P. , Pinkerton, V. M. and Urpelainen, J. (2015) Small and beautiful? The programme of activities and the least developed countries. Climate and Development, 7(2), pp. 153-164. (doi:10.1080/17565529.2014.900471)

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Abstract

Most carbon abatement projects under the Kyoto Protocol's Clean Development Mechanism (CDM) have been implemented in rapidly industrializing countries, notably China and India. To support small carbon abatement projects and to promote decarbonization in the least developed countries, the Programme of Activities (PoA) modality was introduced. Are the determinants of project implementation different under the PoA from those of conventional CDM projects? To answer this question, we conduct a statistical analysis of the global distribution of CDM projects and PoAs during the years 2007–2012. In regard to country size, large countries clearly dominate both the CDM and PoA, suggesting that the PoA may do only little to facilitate project implementation in small countries. However, the number of PoAs has a strong negative association with a country's corruption level, while the importance of corruption for the CDM is much smaller. Moreover, per capita income has no effect on PoA implementation, while high wealth levels have a weak positive effect on CDM projects. Thus, the PoA modality seems to promote sustainable development in poor countries that have exceeded a certain threshold of good governance. In this regard, PoAs are directing carbon credits to new areas, as many had initially hoped.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Bayer, Dr Patrick
Authors: Bayer, P., Pinkerton, V. M., and Urpelainen, J.
College/School:College of Social Sciences > School of Social and Political Sciences > Politics
Journal Name:Climate and Development
Publisher:Taylor and Francis
ISSN:1756-5529
ISSN (Online):1756-5537
Copyright Holders:Copyright © 2015 Taylor and Francis
First Published:First published in Climate and Development 7(2):153-164
Publisher Policy:Reproduced in accordance with the copyright policy of the publisher

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