📗 Libro en inglés THE POLITICAL ECONOMY OF CLIMATE FINANCE EFFECTIVENESS IN DEVELOP ING COUNTRIES

There is ample evidence that engaging developing countries on climate change mitigation would have significant positive impacts on global climate efforts There is much debate however on the most effective strategy for unlocking these low cost mitigation opportunities While the Clean Development Mechanism CDM emerged as the main climate finance instrument for engaging developing countries under the Kyoto Protocol the carbon market approach it embodied would largely be replaced by a new array of climate finance instruments based on climate funds In The Political Economy of Climate Finance Effectiveness in Developing Countries Mark Purdon shows that the effectiveness of climate finance instruments to reduce emissions under either strategy has depended on the interaction between prevailing ideas about how to develop a nation s economy as well as state interests in various economic sectors Based on multiple field visits over a decade in three countries the author demonstrates that climate finance instruments have been more effectively implemented when the state treats them as vehicles for addressing priority development issues Climate finance instruments were more consistently and effectively implemented in Uganda and Moldova than Tanzania despite differences