Carbon markets and low-carbon investment in emerging economies: A synthesis of parallel workshops in Brazil and India

Opening the Black Box of Carbon Finance “Additionality”: The Political Economy of Carbon Finance Effectiveness across Tanzania, Uganda, and Moldova

“…Yet despite a decade of experience with the CDM and similar carbon finance instruments, debate about the mechanism remains contentious (Bumpus & Liverman, 2008;Gillenwater & Seres, 2011;Green, 2013;Hultman et al, 2011;Lewis, 2010;Lohmann, 2005;Michaelowa, 2012;Newell, 2012;Paulsson, 2009;Skopek, 2010;Wara, 2008;Zhang & Wang, 2011). The debate is acute because it speaks to larger issues of the international politics of climate finance (Michaelowa, 2012;Purdon, 2014b).…”

Private‐sector responses to climate change in the Global South

“…In others, regulatory initiatives have faced corporate opposition. Industry associations in Brazil, India, and Mexico all lobbied against GHG reduction targets …”

“…In addition to the national policy, nine of 26 Brazilian states have already established climate policies and six others have bills in progress. 44 The Mexican government has pledged a 50% reduction in GHG emissions by 2050, but critics of Mexico's program point to the absence of tangible domestic policies that will generate the emissions reductions needed to meet the country's commitment. 45 Nevertheless, in each of these countries domestic political debate about climate change has sent a regulatory signal to the private sector.…”

“…Industry associations in Brazil, India, and Mexico all lobbied against GHG reduction targets. 44,47,48 The 2011 CDP Global 500 report provides additional evidence of convergence in perceptions of regulatory risk and opportunity across the north-south divide ( Figure 6). Companies from the range of indices analyzed by the CDP reported high levels of regulatory risks and opportunities.…”

Upscaling of business model experiments in off-grid PV solar energy in India

“…However, recently, a number of claims have been made in the literature that the prospects of alternative development pathways in emerging economies in Asia are also becoming more likely, and that these economies might even leapfrog Western initiatives (Berkhout et al 2009(Berkhout et al , 2010Hultman et al 2011;Kaplinsky 2011;Romijn and Caniëls 2011;Binz and Truffer 2009). This literature argues that globalization, the development of science and technology capabilities in non-Western countries, and rapidly growing local markets are changing the geography of innovation.…”