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The investment climate for climate investment: Joint Implementation in transition countries

Under the Kyoto Protocol, transition countries are expected to become important players in the emerging market for greenhouse gas emission reductions, as they can reduce emissions at a relatively low cost. However, the attractiveness of the region as a supplier of emission reductions will not only depend on its cost advantage. It will also rely heavily on the business climate offered to carbon investors. Factors like a well-functioning legal and regulatory system, economic and political stability and the capacity to process emission reduction projects efficiently will be key. This paper looks at the carbon investment climate in the transition countries eligible for Joint Implementation (JI) – Russia, Ukraine, Croatia and the EU accession countries of the region.

Link http://www.ebrd.org/pubs/econo/wp0077.htm
Author Fankhauser, S., Lavric, L
Date Jan 2003
Institute EBRD
Tags Kyoto, Protocol, climate, business, carbon, investment, Russia, Ukraine, Croatia, EU

See also

  1. Tax Systems in the Selected Transition Economies
  2. Relations After the EU Enlargement: The Visegrad Countries and Russia, Ukraine, Belarus and Moldova.
  3. Foreign Direct Investments and Business Climate in the Southeast European (SEE) in comparison width the 8 New Member States (NMS8)
  4. Turkmenistan: the president tries to create favorable investment climate.
  5. The Gas Industry in Moldova: A Burden of Ignorance or Neglect? What is More?

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