المستودع الأكاديمي جامعة المدينة

Development Aid and the CDM - How to interpret "Financial Additionality"

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dc.creator Dutschke, Michael
dc.creator Michaelowa, Axel
dc.date 2003
dc.date.accessioned 2013-10-16T07:03:21Z
dc.date.available 2013-10-16T07:03:21Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19169
dc.identifier ppn:364200324
dc.identifier RePEc:zbw:hwwadp:26243
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19169
dc.description International climate negotiations have specified that projects under the Clean Development Mechanism (CDM) should not lead to a ?diversion? of official development assistance (ODA). It is however unchallenged that ODA can be used in capacity building for the CDM. Diversion can be interpreted in financial, sectoral and regional terms. There are possibilities to use ODA benchmarks to define diversion such as the UN 0.7% target but they are unlikely to be politically acceptable. On the project level, three main options exist but none of them is perfect. The value of emissions credits (CERs) could be deducted from ODA. This however leads to a long-term pressure on the ODA level. Differentiating an ODA-financed baseline project and a ?piggyback? CDM option is likely to be arbitrary in many circumstances. Even if CERs do not accrue for the ODA share of the investment, still private CDM projects are crowded out due to the subsidising of CDM projects.
dc.language eng
dc.publisher
dc.relation HWWA Discussion Paper 228
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject Q25
dc.subject O13
dc.subject ddc:330
dc.subject International climate policy
dc.subject CDM
dc.subject development assistance
dc.subject Klimaschutz
dc.subject Internationale Umweltpolitik
dc.subject Entwicklungshilfe
dc.subject Internationaler Transfer
dc.subject Theorie
dc.subject Welt
dc.title Development Aid and the CDM - How to interpret "Financial Additionality"
dc.type doc-type:workingPaper


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