Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/155123
Authors: 
Millock, Katrin
Year of Publication: 
2000
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 70. 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.
Subjects: 
Global climate change
asymmetric information
Clean Development Mechanism
optimal incentives
technology transfers
JEL: 
Q20
D82
Document Type: 
Working Paper

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