DONOR CHARACTERISTICS AND THE ALLOCATION OF AID TO CLIMATE MITIGATION FINANCE

Aidy Halimanjaya () and Elissaios Papyrakis ()
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Aidy Halimanjaya: School of International Development, University of East Anglia, Norwich NR4 7TJ, UK;
Elissaios Papyrakis: School of International Development, University of East Anglia, Norwich NR4 7TJ, UK;

Climate Change Economics (CCE), 2015, vol. 06, issue 03, 1-25

Abstract: We make use of a panel dataset of 22 donor countries from 1998 to 2009 to examine the links between donor characteristics and the share of overseas development assistance allocated to climate mitigation finance. We find that donors with a larger green domestic budget tend to allocate a smaller portion of overseas aid to mitigation finance (possibly as a result of a competing interest between spending on domestic environmental projects and international climate projects). The opposite holds for donor countries with better institutions (governance) that have ratified the Kyoto Protocol. We also find important discrepancies when comparing the effects of donor characteristics on committed versus disbursed mitigation finance (as a share of aid). For the latter, only commitment to the Kyoto Protocol appears to be of high statistical significance.

Keywords: Climate mitigation finance; development aid; ODA; donors (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:wsi:ccexxx:v:06:y:2015:i:03:n:s2010007815500141

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DOI: 10.1142/S2010007815500141

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