{"title":"Determinants and effects of climate finance in the transport sector","authors":"Xavier Fageda , Reinaldo Fioravanti","doi":"10.1080/15568318.2024.2421842","DOIUrl":null,"url":null,"abstract":"<div><div>We examine the determinants of climate-related development finance flows to the transportation sector and their relationship with CO<sub>2</sub> emission levels. The <em>mitigation</em> fund allocation is particularly correlated with the demographic characteristics of recipient countries; however, the correlation with per capita income and emissions seems to be weak. In contrast, equity considerations appear to be the main determinants of <em>adaptation</em> fund allocation. Finally, we find some evidence of a significant negative relationship between mitigation investments and emissions per capita and while the overall effect is modest, it tends to be most marked in countries with the highest per capita emissions. Thus, the fact that countries with the highest emissions per capita are not receiving relatively more investments may be hampering the effectiveness of climate finance.</div></div>","PeriodicalId":47824,"journal":{"name":"International Journal of Sustainable Transportation","volume":"18 11","pages":"Pages 903-919"},"PeriodicalIF":3.1000,"publicationDate":"2024-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Sustainable Transportation","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/org/science/article/pii/S1556831824000443","RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ENVIRONMENTAL STUDIES","Score":null,"Total":0}
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Abstract
We examine the determinants of climate-related development finance flows to the transportation sector and their relationship with CO2 emission levels. The mitigation fund allocation is particularly correlated with the demographic characteristics of recipient countries; however, the correlation with per capita income and emissions seems to be weak. In contrast, equity considerations appear to be the main determinants of adaptation fund allocation. Finally, we find some evidence of a significant negative relationship between mitigation investments and emissions per capita and while the overall effect is modest, it tends to be most marked in countries with the highest per capita emissions. Thus, the fact that countries with the highest emissions per capita are not receiving relatively more investments may be hampering the effectiveness of climate finance.
期刊介绍：
The International Journal of Sustainable Transportation provides a discussion forum for the exchange of new and innovative ideas on sustainable transportation research in the context of environmental, economical, social, and engineering aspects, as well as current and future interactions of transportation systems and other urban subsystems. The scope includes the examination of overall sustainability of any transportation system, including its infrastructure, vehicle, operation, and maintenance; the integration of social science disciplines, engineering, and information technology with transportation; the understanding of the comparative aspects of different transportation systems from a global perspective; qualitative and quantitative transportation studies; and case studies, surveys, and expository papers in an international or local context. Equal emphasis is placed on the problems of sustainable transportation that are associated with passenger and freight transportation modes in both industrialized and non-industrialized areas. All submitted manuscripts are subject to initial evaluation by the Editors and, if found suitable for further consideration, to peer review by independent, anonymous expert reviewers. All peer review is single-blind. Submissions are made online via ScholarOne Manuscripts.
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