Wine, fruit and emission reductions: CDM as development strategy in Chile

TitleWine, fruit and emission reductions: CDM as development strategy in Chile
Publication TypeOther Working Paper
Year of Publication2010
AuthorsRindefjäll, T, Lund, E, Stripple, J
Secondary TitleThe Governance of Clean Development Working Paper Series No. 004
KeywordsDevelopment, GCD, UEA, working papers
Abstract

The Clean Development Mechanism (CDM) is expected to lower the costs for developed countries to meet their emission reduction targets, and to contribute to sustainable development in developing countries. As host countries set their own sustainable development requirements, fears have been raised about a ‘race to the bottom’ as countries use less demanding criteria to attract investors. Our research on Chile confirms this hypothesis, but suggests that the ‘race’ is not simply a structural feature of the CDM, but a deliberate strategy. Chile has chosen to use CDM as a tool to attract foreign investments, a choice reflecting the emphasis on economic development in Chile’s development strategy.

Institution

UEA

Research Areas

Development