Selecting a CDM investor in China: a critical analysis

Maraseni, Tek Narayan ORCID: (2013) Selecting a CDM investor in China: a critical analysis. Energy Policy, 53. pp. 484-489. ISSN 0301-4215


The Kyoto Protocol adopted three flexible market-based mechanisms (Emissions Trading; Joint Implementation; Clean Development Mechanism) to meet emission reduction targets in a costeffective manner. Of these, the Clean Development Mechanism (CDM) is the only mechanism that links developed and developing countries. China has been a dominant player in CDM markets with >50.86% of the world's 4768 CDM projects. This study surveyed key CDM stakeholders from which the identification and ranking of the 10 most important factors that determine the selection of CDM investors in China. The most important factors were 'reputation of company' and 'experience in CDM project in China' whilst 'personal friendship or relationship' was the least influential. European countries (mainly UK, The Netherlands, Sweden and Germany) are the major investors and have both strong reputations in the CDM arena in addition to having assisted China in capacity development activities for CDM in early 2000. An understanding of these selection factors that potential CDM hosts use in their joint venture decisions should benefit CDM investors. This knowledge should also provide the policy and strategic level framework for future potential CDM hosts in other developing countries.

Statistics for USQ ePrint 22568
Statistics for this ePrint Item
Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: © 2012 Elsevier Ltd. Permanent restricted access to published version due to publisher copyright policy.
Faculty/School / Institute/Centre: Current - USQ Other
Faculty/School / Institute/Centre: Current - USQ Other
Date Deposited: 02 Jan 2013 07:25
Last Modified: 09 Mar 2015 01:31
Uncontrolled Keywords: climate change mitigation; critical factors; developing countries
Fields of Research (2008): 14 Economics > 1402 Applied Economics > 140205 Environment and Resource Economics
16 Studies in Human Society > 1605 Policy and Administration > 160507 Environment Policy
05 Environmental Sciences > 0501 Ecological Applications > 050101 Ecological Impacts of Climate Change
Fields of Research (2020): 38 ECONOMICS > 3801 Applied economics > 380105 Environment and resource economics
44 HUMAN SOCIETY > 4407 Policy and administration > 440704 Environment policy
41 ENVIRONMENTAL SCIENCES > 4101 Climate change impacts and adaptation > 410102 Ecological impacts of climate change and ecological adaptation
Socio-Economic Objectives (2008): D Environment > 96 Environment > 9603 Climate and Climate Change > 960302 Climate Change Mitigation Strategies
Identification Number or DOI:

Actions (login required)

View Item Archive Repository Staff Only