Over the last decade cross-country trade and investment flows have increased considerably, which is often linked to climate change concerns. The present analysis attempts to understand the influence of trade and investment flows on CO2 emissions through panel data model estimation for a set of...

Quantifying the effect of public interventions aimed at mobilising private finance for climate activities is technically complex and challenging. As a step towards addressing this complexity, the report presents a framework of key decision points for estimating publicly mobilised private...

This is an empirical study of the firm and country determinants of foreign direct investment (FDI) and how it is affected by the stringency of environmental regulations in host countries. We employ disaggregated data on sales by Norwegian multinationals' affiliates from 1999 to 2005 that allow...

Do foreign controlled firms exhibit a different environmental performance from domestically controlled ones for “developed countries”? The aim of this paper is to examine whether foreign firms are ‘cleaner’ than their domestic counterparts, i.e. the Pollution Halo Hypothesis generally...

This paper examines empirically whether countries with relatively more lax environmental regimes have a comparative advantage in their competition for foreign direct investment. It seeks to contribute to the literature in several important ways. First, we use a measure of environmental...

The waves of globalisation in the past decades have increased the cross-country trade and investment flows, which also raise serious concerns over environmental sustainability and climate change owing to the following three effects. First, through scale effect the growing output and exports of...

We examine the effects of subnational variations in corruption and democratization on the location decisions of foreign investors in Russian regions using firm-level panel data for the period 1996–2007. We link these effects to the level of corruption and type of political regime in the...

Transition towards low carbon development LCD is an urgent challenge for the global community. As increased economic activities usually result in more carbon emissions, this challenge is particularly crucial for rapidly growing emerging countries. For these countries, reducing carbon emissions...

There is a well-established theoretical and empirical literature that shows that exporters are more innovative than otherwise equivalent non-exporters. In this paper we ask whether this is also true when it comes to the effects of adopting greener production techniques. Using an instrumental...