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Financing a proper response to climate change after Kyoto will require another look at both burden sharing and funding mechanisms. After describing the risks of cap-and-trade with carbon offsets and the advantages of a harmonized carbon tax, a method is proposed to utilize a globally harmonized...
Persistent link: https://www.econbiz.de/10014161082
A situation is analysed in which two countries negotiate the financing of the incremental costs which accrue if one of them switches from a non-sustainable onto a sustainable development path. The other country's incentive to pay arises as it benefits from the developing country's environmental...
Persistent link: https://www.econbiz.de/10009708580
Persistent link: https://www.econbiz.de/10013388146
In 2014 over $60 billion was mobilized to help developing nations mitigate climate change, an amount equivalent to the GDP of Kenya. Interestingly, breaking from the traditional model of bilateral aid, donor countries distributed nearly fifty percent of their aid through multilateral aid funds...
Persistent link: https://www.econbiz.de/10011450994
The paper considers a situation where two countries - the North and the South - use a non-traded polluting input to produce the goods for final consumption. The North is more efficient in both, production and abatement processes. The study compares the effects of the transfer of abatement...
Persistent link: https://www.econbiz.de/10008796284
There is an urgent need to mainstream the key challenges of climate change into sector and development planning and decision making processes to create sustainable long-term development. Mainstreaming is seen as making more efficient and effective use of financial and human resources. It is...
Persistent link: https://www.econbiz.de/10009379732
This essay reviews the state of knowledge about the connection of climate change and development aid in a globalizing world and makes three contributions. First, it opts for an integrated treatment of short-term aid, striving for the urgent fulfillment of basic human needs, and long-term aid,...
Persistent link: https://www.econbiz.de/10010531347
Foreign aid and technology transfer are an essential means, especially for the least developed countries, towards meeting the Millennium Development Goals as well as facilitating adaptation to, and mitigation of, climate change. The deployment of technologies harvesting renewable energy flows...
Persistent link: https://www.econbiz.de/10009746382
The paper reviews the dynamics of the financing baseed its analysis on the rich dataset of AidData ranging over 1993-2010, with around 9,077 observations on projects funded in Senegal by various multilateral as well as bilateral donors. The study started in the same year as the establishment of...
Persistent link: https://www.econbiz.de/10010228736
In this paper we update previous work that categorizes foreign aid projects in terms of their likely impact on the natural environment. We then document trends in the global distribution of environmental aid over time and show that environmental aid has increasingly focussed on global...
Persistent link: https://www.econbiz.de/10010200830