| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23023 |
| 来源ID | Working Paper 23023 |
| Maximizing the Impact of Climate Finance: Funding Projects or Pilot Projects? | |
| Matthew J. Kotchen | |
| 发表日期 | 2017-01-09 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | This paper contributes to the understanding of how to maximize the impact of publicly provided climate finance to leverage the private sector. Agencies seeking to promote private investment in support of climate change mitigation and adaptation may have a choice between subsidizing projects or pilot projects. Pilots are either scaled down versions of full projects or an experimental phase that generates better information about whether a full project is likely to succeed or fail. Drawing on insights about the value of experimentation for entrepreneurship and raising private capital, the theoretical model developed herein provides guidance about when subsidizing projects or pilots is more efficient. |
| 主题 | Financial Economics ; Financial Markets ; Public Economics ; Taxation ; Environmental and Resource Economics ; Energy ; Environment |
| URL | https://www.nber.org/papers/w23023 |
| 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/580696 |
| 推荐引用方式 GB/T 7714 | Matthew J. Kotchen. Maximizing the Impact of Climate Finance: Funding Projects or Pilot Projects?. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w23023.pdf（231KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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