Collaborative Reseach: Creating Carbon Markets in Brazil and India: A Comparative Study of Firm Environmental Investment Decisions Under the Clean Development Mechanism

合作研究：巴西和印度创建碳市场：清洁发展机制下企业环境投资决策的比较研究

• 批准号: 1000317
• 负责人: Simone Pulver
• 金额: $ 19.12万
• 依托单位: University of California-Santa Barbara
• 依托单位国家: 美国
• 项目类别: Continuing Grant
• 财政年份: 2009
• 资助国家: 美国
• 起止时间: 2009-07-01 至 2014-02-28
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=1000317&HistoricalAwards=false
• 关键词: Collaborative; Reseach; Creating; Carbon; Markets

Markets for environmental services are being advocated as solutions to local and global environmental problems. The most ambitious of environmental markets is the evolving and overlapping network of carbon markets that seek to reduce global emissions of greenhouse gases linked to climate change. This research examines why and how developing-country firms decide to participate in carbon markets. The research focuses on firm decisions to generate and sell carbon credits under the Clean Development Mechanism (CDM) of the 1997 Kyoto Protocol, in the sugar and cement sectors in Brazil and India. By comparing firms that choose to initiate CDM projects with peer firms that do not, we assess drivers of firm CDM participation, trace the processes by which firms enter new carbon markets, map firm perceptions of CDM project risks and benefits, and identify salient characteristics of the emerging carbon markets in Brazil and India. The cross-national, cross-sector comparative design enables a comparison of the effects of both level of state intervention (Brazil-high; India-low) and degree of sector concentration (cement-high; sugar-low) on firm carbon market participation. Data will be collected through context interviews with key carbon market informants and through firm interviews with approximately 150 CDM and non-CDM firms.The research comes at a critical juncture in the evolution of US and international climate policy. Developing-country economies will play increasingly important roles in shaping international environmental treaties and determining global environmental quality. Understanding the decision and risk management processes by which developing-country firms undertake CDM projects can contribute to improving developing-country private sector support for continued international action on climate change. With negotiations for a post-Kyoto climate agreement expected to intensify in 2009 and 2010, the research will be of direct interest to national and international climate policy negotiators.

环境服务市场被提倡作为本地和全球环境问题的解决方案。环境市场中最雄心勃勃的是碳市场不断发展且重叠的网络，这些网络旨在减少与气候变化相关的温室气体的全球排放。这项研究探讨了为什么发展国家公司决定参与碳市场。该研究的重点是在1997年京都协议的清洁开发机制（CDM），在巴西和印度的糖和水泥领域中产生和出售碳信用额的公司决策。通过比较选择启动CDM项目与没有的公司的公司，我们评估了CDM参与的驱动因素，追踪公司进入新的碳市场的过程，地图公司对CDM项目风险和收益的看法，并确定巴西和印度新兴碳市场的显着特征。跨国跨部门比较设计可以比较国家干预水平（巴西 - 高；印度 - 低）和部门浓度（水泥 - 高；糖 - 低）对碳市场参与的影响。数据将通过与关键碳市场线人的上下文访谈收集，并通过对大约150个CDM和非CDM公司的公司访谈。这项研究在美国和国际气候政策的发展中是一个关键的关键。发展中国家经济体将在塑造国际环境条约和确定全球环境质量方面发挥越来越重要的作用。了解发展国家公司开展CDM项目的决策和风险管理流程可以为改善发展中国家的私营部门支持，以支持继续国际气候变化行动。随着预计将在2009年和2010年提高京都后气候协议的谈判，这项研究将引起国家和国际气候政策谈判者的直接利益。