The Clean Development Mechanism and the International Diffusion of Technologies: An Empirical Study

Energy Policy, Vol. 36, pp. 1273-1283, 2008

Posted: 19 Jun 2008

See all articles by Antoine Dechezleprêtre

Antoine Dechezleprêtre

London School of Economics & Political Science (LSE)

Matthieu Glachant

MINES ParisTech

Yann Ménière

Mines ParisTech

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Abstract

The Clean Development Mechanism (CDM) is expected to stimulate the North-South transfer of climate-friendly technologies. This paper provides an assessment of the technology transfers that take place through the CDM using a data set of 644 registered projects. It provides a detailed description of the transfers (frequency, type, by sector, by host country, etc.). It also includes an econometric analysis of their drivers. We show that transfer likeliness increases with the size of the projects. The transfer probability is 50% higher in projects implemented in a subsidiary of Annex 1 companies while the presence of an official credit buyer has a lower - albeit positive - impact. The analysis also yields interesting results on how technological capabilities of the host country influence technology diffusion in the CDM.

Keywords: Kyoto Protocol, Clean Development Mechanism, International technology transfer

JEL Classification: Q5, Q55

Suggested Citation

Dechezleprêtre, Antoine and Glachant, Matthieu and Ménière, Yann, The Clean Development Mechanism and the International Diffusion of Technologies: An Empirical Study. Energy Policy, Vol. 36, pp. 1273-1283, 2008, Available at SSRN: https://ssrn.com/abstract=1111546

Antoine Dechezleprêtre

London School of Economics & Political Science (LSE) ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

Matthieu Glachant (Contact Author)

MINES ParisTech ( email )

60, boulevard Saint Michel
75272 Paris cedex 06, 75006
France
+33 1 40 51 9229 (Phone)

Yann Ménière

Mines ParisTech ( email )

60, bd St Michel
Paris, 75006
France

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