Contracts for Clean Development - the Role of Technology Transfers

26 Pages Posted: 23 Oct 2000

See all articles by Katrin Millock

Katrin Millock

Paris School of Economics (PSE); CNRS

Date Written: September 2000

Abstract

The Clean Development Mechanism (CDM) offers abatement cost savings under the Kyoto Protocol by allowing credits for emission reductions obtained in signatory developing countries. The paper shows that it is necessary to include technology transfers in the CDM to obtain correct incentives for emission reductions when there are monitoring difficulties.

Keywords: Global Climate Change, Asymmetric Information, Clean Development Mechanism, Optimal Incentives, Technology Transfers

JEL Classification: Q20, D82

Suggested Citation

Millock, Katrin E., Contracts for Clean Development - the Role of Technology Transfers (September 2000). Available at SSRN: https://ssrn.com/abstract=247208 or http://dx.doi.org/10.2139/ssrn.247208

Katrin E. Millock (Contact Author)

Paris School of Economics (PSE) ( email )

48 Boulevard Jourdan
Paris, 75014 75014
France

CNRS ( email )

3, rue Michel-Ange
Paris, 75794
France

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