title: Climate financing approaches and systems: An emerging country perspective
metadata.name: dc.contributor.author
metadata.value: Damodaran, A.
metadata.name: dc.date.accessioned
metadata.value: 2013-12-20T11:33:05Z
metadata.name: dc.date.accessioned
metadata.value: 2014-03-17T05:42:23Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2013-12-20T11:33:05Z
metadata.name: dc.date.available
metadata.value: 2014-03-17T05:42:23Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2009
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/812
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/812
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: Emerging countries like India, China and Russia who are under pressure to contribute to a mandatory mitigation regime in the forthcoming climate protocol also view the issue of financing as crucial to their future role in ensuring a low carbon pathway of growth. Whether they contribute to the process of mitigating climate change, both developing countries and emerging economies are vulnerable to global warming. The central proposition advanced in this paper is that any global climate financial architecture that recognizes the fact that mitigation and adaptation are inter-linked, the latter being conditioned by the former, has the best chance of success. The paper seeks to demonstrate that as investments on mitigation rises, risks on adaptation projects decrease, thus contributing to improved risk adjusted return from adaptation projects. With reference to coastal, water and degraded lands ecosystems in India, the paper demonstrates how higher levels of mitigation efforts reduce the capital costs of adaptation activities in developing countries. The paper also suggests that carbon markets need to be reformed through improved and varied functions that facilitate technology transfer, provide differential prices for different carbon products, facilitate enhanced access by developing country sellers and enable efficient carbon price discovery for sellers from developing world.
metadata.lang: ru
metadata.name: dc.language.iso
metadata.value: English
metadata.lang: ru
metadata.name: dc.publisher
metadata.value: Graduate School of Management, Saint Petersburg State University
metadata.name: dc.relation.ispartofseries
metadata.value: Working Paper; #8(E)-2009
metadata.name: dc.subject
metadata.value: co-benefits
metadata.lang: ru
metadata.name: dc.subject
metadata.value: adaptation financing
metadata.lang: ru
metadata.name: dc.subject
metadata.value: equitable carbon markets
metadata.lang: ru
metadata.name: dc.subject
metadata.value: risk-return
metadata.lang: ru
metadata.name: dc.subject
metadata.value: allowances
metadata.lang: ru
metadata.name: dc.title
metadata.value: Climate financing approaches and systems: An emerging country perspective
metadata.lang: ru
metadata.name: dc.type
metadata.value: Working Paper
metadata.lang: ru
metadata.name: dc.contributor.altauthor
metadata.value: Дамодаран, А.
resources.filename: 8(E)_2009.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/812/1/8%28E%29_2009.pdf
resources.format: Adobe PDF
resources.size: 354,94 kB