الفهرس | Only 14 pages are availabe for public view |
Abstract The Clean Development Mechanism (CDM) is the Kyoto Protocol mechanism. The Mechanism has two main objectives; to assist Annex I Parties to cost-effectively fulfil part of their emission reduction targets under the Kyoto Protocol, and to help non-Annex I Parties in achieving sustainable development. When the CDM entered into force on 16 February 2005, its implemented projects, in non-Annex 1 developing countries, created certified emission reductions (CERs). So the project participants can sell to Annex I Parties to help them meet their Kyoto Protocol targets, they can also provide complementary benefits to non-Annex I Parties such as new investment, climate friendly technology transfer and know-how, skills development, employment..etc Based on the literature review, none of the studies assessed the clean development mechanism from the point of comparative benchmarking anaylsis between several countries. Most of the studies focused solely on the carbon climate and its economics away from the overall country business climate, competition and investment policies. Attrating foreign direct investments , even for environmental purposes , is an economic activity and there is a need to assess and test how to integrate the promotional activities for environmental projects into the country investment promotion strategy. This research benchmarked Egypt’s position and ranking on economic and environmental indexes with China, India, Brazil, and South Africa ones. Those selected four developing countries forms more than 80% of the CDM market (CDM fact sheet, UNFCCC), and prominent emerging economies. In order to propose statistical model, the research assessed these five countries positions on the following 6 major indexes for the period of 10 years from 2006 till 2015. The indexes are as follows: The Environmental Performance Index; Energy Sustainability Index; Foreign Direct Investment Confidence Index; The Global Opportunity Index; The Doing Business report; The Global Competitiveness report. The researcher also surveyed both governmental sectors responsible for investment promotion in general and clean development mechanism (by interviewing their representatives) in order to examine the level of coordination in the area of using CDM to attract FDI and to develop. |