Donor characteristics and the allocation of aid to climate mitigation finance

Halimanjaya, Aidy and Papyrakis, Elissaios (2015) Donor characteristics and the allocation of aid to climate mitigation finance. Climate Change Economics, 6 (3). ISSN 2010-0086

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Abstract

We make use of a panel dataset of 22 donor countries from 1998 to 2009 to examine the links between donor characteristics and the share of overseas development assistance allocated to climate mitigation finance. We find that donors with a larger green domestic budget tend to allocate a smaller portion of overseas aid to mitigation finance (possibly as a result of a competing interest between spending on domestic environmental projects and international climate projects). The opposite holds for donor countries with better institutions (governance) that have ratified the Kyoto Protocol. We also find important discrepancies when comparing the effects of donor characteristics on committed versus disbursed mitigation finance (as a share of aid). For the latter, only commitment to the Kyoto Protocol appears to be of high statistical significance.

Item Type: Article
Uncontrolled Keywords: climate mitigation finance,development aid,oda,donors
Faculty \ School: Faculty of Social Sciences > School of International Development
Depositing User: Pure Connector
Date Deposited: 19 Dec 2015 07:14
Last Modified: 17 Mar 2020 21:05
URI: https://ueaeprints.uea.ac.uk/id/eprint/55779
DOI: 10.1142/S2010007815500141

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