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Corporate Strategic Responses to Emissions Reduction

In: Corporate Strategies and the Clean Development Mechanism

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Abstract

Mechanism (CDM) of the Kyoto Protocol. It explains why, instead of the expected bilateral structure where a company from an industrialized country invests in a project in a developing country and receives the emission reduction credits in return, a unilateral structure prevails whereby a company from a developing country finances the emission reduction project itself and sells the emission reduction credits. The book arrives at three fundamental, interconnected, conclusions: CDM is logically a unilaterally driven investment activity; CDM investment is an irrelevant compliance instrument for companies from industrialised countries and that this state of affairs is unlikely to change post 2012; and CDM thrives in less equal and less ambitious post-2012 climate regimes.

Suggested Citation

  • ., 2008. "Corporate Strategic Responses to Emissions Reduction," Chapters, in: Corporate Strategies and the Clean Development Mechanism, chapter 3, pages 39-109, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13159_3
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    File URL: https://www.elgaronline.com/view/9781847209283.00011.xml
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    Cited by:

    1. Jonas Horlemann & Mathias Heidinger & Fabian Wenner & Alain Thierstein, 2024. "Introducing a Novel Framework for the Analysis and Assessment of Transport Projects in City Regions," Sustainability, MDPI, vol. 16(6), pages 1-26, March.

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