1st Edition

Carbon Markets or Climate Finance? Low Carbon and Adaptation Investment Choices for the Developing World

Edited By Axel Michaelowa Copyright 2012
    320 Pages 36 B/W Illustrations
    by Routledge

    314 Pages 36 B/W Illustrations
    by Routledge

    This book builds on a decade-long experience with mechanisms provided by the Kyoto Protocol and the UN Framework Convention on Climate Change. It discusses the challenges of climate finance in the context of the post-Copenhagen negotiations and provides a long-term outlook of how climate finance in developing countries could develop.

    Written by climate finance experts from academia, carbon finance businesses and international organizations, the book provides background, firsthand insights, case studies and analysis into the complex subject area of climate finance.

    Preface Axel Michaelowa  1. The Clean Development Mechanism Gold Rush Axel Michaelowa and Jorund Buen  2. Development Co-operation and Climate Change: Political-Economic Determinants of Adaptation Aid Katharina and Axel Michaelowa  3. How Brazil and China have Financed Industry Development and Energy Security Initiatives that Support Mitigation Objectives Jorund Buen, Paula Castro  4. The Adaptation Fund: Towards Resilient Economies in the Developing World Izabela Ratajczak-Juszko  5. Fast-Start Finance - Scattered Governance, Information and Programmes Martin Stadelmann, Jessica Brown and Lena Hörnlein  6. New Market Mechanisms for Mitigation - Getting the Incentives Right Sonja Butzengeiger, Björn Dransfeld, Martin Cames, Axel Michaelowa and Sean Healy  7. Mobilising Mitigation Policies in the South through a Financing Mix Daisuke Hayashi and Stefan Wehner  8. Market Mechanisms for Adaptation - an Aberration or a Key Source of Finance? Axel Michaelowa, Michel Köhler and Sonja Butzengeiger  9. Harnessing the Financial Markets to Leverage Low Carbon Technology Diffusion Katie Sullivan  10. Climate Finance and Backstop Technologies Sonja Butzengeiger and Axel Michaelowa  11. Manouvering Climate Finance Around the Pitfalls - Finding the Right Policy Mix Axel Michaelowa


    Axel Michaelowa is researcher at the Center for International and Comparative Studies at the University of Zurich, Switzerland and Senior Founding Partner of the consultancy Perspectives