| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21139 |
| 来源ID | Working Paper 21139 |
| Cofinancing in Environment and Development: Evidence from the Global Environment Facility | |
| Matthew J. Kotchen; Neeraj Kumar Negi | |
| 发表日期 | 2015-05-11 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | Leveraged cofinancing from public and private sources has emerged as a policy priority among international environment and development agencies. There is nevertheless surprisingly little research on the determinants and impacts of cofinancing for accomplishing environment and development goals. This paper contributes to the literature with a focus on three interrelated questions: (1) How does observed cofinancing depend on characteristics of the development project, the country where the project takes place, and the agencies responsible for project funding and execution? (2) What factors explain the likelihood that project cofinancing is based on loans rather than grants, and that cofinancing comes from the private sector rather than public agencies or non-governmental organizations? (3) Does greater cofinancing result in better environment and development projects? To answer these questions, we take advantage of data from the Global Environment Facility (GEF) on 3,269 projects from 1991 through the beginning of 2014. The results provide insight not only on how agencies may target cofinancing going forward, but also on how greater emphasis on cofinancing may implicitly shift environment and development priorities. |
| 主题 | Environmental and Resource Economics ; Renewable Resources ; Environment |
| URL | https://www.nber.org/papers/w21139 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578814 |
| 推荐引用方式 GB/T 7714 | Matthew J. Kotchen,Neeraj Kumar Negi. Cofinancing in Environment and Development: Evidence from the Global Environment Facility. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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