Global Climate Mitigation Finance: The Determinants of its Provision and Allocation

Halimanjaya, Aidy Steveany (2014) Global Climate Mitigation Finance: The Determinants of its Provision and Allocation. Doctoral thesis, University of East Anglia.

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Abstract

In" recent" years" development" aid" (also" commonly" referred" to" as" Overseas"
Development" Assistance" or" ODA)" has" increasingly" been" allocated" for" the"
mitigation"of"climate"change,"often"diverting"funding"from"more"traditional"
development" purposes" such" as" poverty" alleviation." To" the" author’s"
knowledge" no" other" study" identifies" the" determinants" of" the" increasing"
provision" of" official" mitigation" finance" and" the" patterns" of" its" allocation"
across" 180" developing" countries." This" PhD" thesis" includes" three" empirical"
studies"and"a"theoretical"discussion"and"seeks"to"fill"this"gap"in"the"academic"
literature."The"analysis"makes"use"of"fixedJeffect,"randomJeffect"and"twoJpart"
models," the" institutional" analysis" and" development" framework" and" 1998J
2010"Organisation"for"Economic"CoJoperation"and"Development"(OECD)"Rio"
Marker"projectJlevel"data"from"23"donors"and"180"developing"countries."
"
This"research"finds"that"donors’"emission"levels,"CO2"intensity,"commitment"
to"the"Kyoto"Protocol,"political"views"and"domestic"environmental"spending"
significantly" influence" their" allocation" of" mitigation" finance" and" the"
proportion" of" their" total"ODA" that" they" designate" to" it," and" that" recipient"
developing" countries’" potential" for"mitigation," such" as" their" environmental"
assets" and"emission"problems," and" their" institutional" and" economic" factors"
affect" how"mitigation" finance" is" allocated" to" them." The" findings" show" that"
donors"tend"to"provide"loans"to"recipients"with"large"emission"problems"and"
grants" to" those" with" large" environmental" assets." Across" donors," the"
determinants"of"mitigation"finance"tend"to"be"heterogeneous."These"findings"
lead" to" a" discussion" whether"mitigation" finance" is" a" perverse" incentive" for"
developing" countries’"emission"mitigation"and"whether" it" will"permanently"
remain"reliant"on"ODA."."The"overall"research"gives"guidance"and"reflection"
of"the"future"of"official"mitigation"finance."

Item Type: Thesis (Doctoral)
Faculty \ School: Faculty of Social Sciences > School of International Development
Depositing User: Mia Reeves
Date Deposited: 09 Jul 2014 11:55
Last Modified: 09 Jul 2014 11:55
URI: https://ueaeprints.uea.ac.uk/id/eprint/49469
DOI:

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