The political economy of climate finance effectiveness in developing countries : carbon markets, climate funds, and the state /
"This book contributes to debates about the effectiveness of climate finance instruments for engaging developing countries on climate change mitigation. It is based on empirical investigation of the effectiveness and implementation of the Clean Development Mechanism (CDM), Reducing Emissions fr...
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| Format: | eBook |
| Language: | English |
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New York, NY :
Oxford University Press,
[2024]
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| Series: | Studies in comparative energy and environmental politics.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | "This book contributes to debates about the effectiveness of climate finance instruments for engaging developing countries on climate change mitigation. It is based on empirical investigation of the effectiveness and implementation of the Clean Development Mechanism (CDM), Reducing Emissions from Deforestation and Forest Degradation (REDD+) as well as Nationally Appropriate Mitigation Actions (NAMAs) in Tanzania, Uganda and Moldova over a ten-year period from 2008 to 2018. While the CDM emerged as the main climate finance instrument for engaging developing countries under the Kyoto Protocol, the carbon market approach it embodied would largely be replaced by a new array of climate finance instruments based on climate funds. It is argued that this has been part of a broader shift away from liberal environmentalism since the 2008 global financial crisis towards a new set of global environmental norms described as developmental environmentalism. The main argument advanced in the book is that, despite this shift in global environmental norms, differences in state development policy paradigms and development interests explain enduring patterns of CDM, REDD+ and NAMA effectiveness and implementation in Tanzania, Uganda and Moldova over the period investigated. All three climate finance instruments were consistently more effectively implemented in Uganda and Moldova than Tanzania, despite differences in state capacity between East Africa and a country of former Soviet Union. Such findings might inform the design of international and transnational efforts to engage developing countries on climate change mitigation by emphasizing the importance that needs to be accorded to domestic politics, particularly the state"-- |
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| Physical Description: | 1 online resource (ix, 357 pages) : illustrations, maps. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 0197756859 9780197756843 0197756840 9780197756867 0197756867 9780197756850 |