An analysis of Chinese perceptions on unilateral Clean Development Mechanism (uCDM) projects

Maraseni, Tek Narayan and Xinquan, Gao (2011) An analysis of Chinese perceptions on unilateral Clean Development Mechanism (uCDM) projects. Environmental Science and Policy, 14 (3). pp. 339-346. ISSN 1462-9011

Abstract

Unilateral Clean Development Mechanism (uCDM) projects are planned, implemented and financed by a Non-Annex I entity yet without the direct involvement of an Annex I entity. Currently in the CDM project pipeline, unilateral projects grow continuously. On the basis of a questionnaire survey and formal and informal discussions with key CDM stakeholders in China, which dominate the world CDM market, this study tested seven propositions: (1)uCDM provision provides lower risk to the host country investor; (2) uCDM provision lowers transaction costs; (3) uCDM provision helps to keep rent in the host country; (4) uCDM provision offers less technology transfer than normal CDM projects; (5) delayed financial flow in uCDM projects will be a major problem for developing uCDM projects; (6) the Chinese Government will promote uCDM policy in the future; and (7) there will be more uCDM projects in China in the future. The first six hypotheses were accepted while the final one was rejected. Outcomes of this study may help refine future uCDM policy.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Permanent restricted access to paper due to publisher copyright restrictions.
Depositing User: Mr Tek Maraseni
Faculty / Department / School: Historic - Faculty of Business and Law - No Department
Date Deposited: 22 Mar 2011 01:35
Last Modified: 03 Jul 2013 00:34
Uncontrolled Keywords: survey data; climate change mitigation; stakeholder engagement; investment; technology transfer
Fields of Research (FOR2008): 15 Commerce, Management, Tourism and Services > 1503 Business and Management > 150308 International Business
15 Commerce, Management, Tourism and Services > 1503 Business and Management > 150307 Innovation and Technology Management
05 Environmental Sciences > 0502 Environmental Science and Management > 050299 Environmental Science and Management not elsewhere classified
Socio-Economic Objective (SEO2008): D Environment > 96 Environment > 9603 Climate and Climate Change > 960302 Climate Change Mitigation Strategies
Identification Number or DOI: doi: 10.1016/j.envsci.2010.11.010
URI: http://eprints.usq.edu.au/id/eprint/18716

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