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Market-based instruments, bioenergy, clean development mechanism, Africa, offset mechanism, ecosystem service, economic experiment. - Marktbasierte Instrumente, Bioenergie, Afrika, Ausgleichshandel, Ökosystemleistung, ökonomische Experimente
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Development Mechanism (CDM). Numerical simulations with a computable general equilibrium model of the global economy demonstrate … competitiveness implications. The simulations further indicate that limited access to low-cost emission abatement via the CDM in the …
Persistent link: https://www.econbiz.de/10003777863
This paper quantifies the macroeconomic impacts of the Clean Development Mechanism (CDM) under the Kyoto Protocol based … on a computable general equilibrium (CGE) model of international trade and energy use. Employing project-based CDM supply … data we assess the relative importance of transaction costs and investment risks as well as CDM regulations through …
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