Green aid, aid fragmentation and carbon emissions

Mehmet Pinar

Research output: Contribution to journalArticle (journal)peer-review

4 Citations (Scopus)
58 Downloads (Pure)

Abstract

The existing studies that examined the green aid effectiveness in reducing carbon dioxide (CO2) emissions found mixed results; however, neither of these studies considered the role of aid fragmentation in the effectiveness of green aid flows. By using the dynamic panel generalized method of moments (GMM) methodology to panel data of 92 countries covering the period between 2002 and 2018, this study examines the impact of green aid fragmentation on the effectiveness of green aid flows in reducing CO2 emissions. Using different fragmentation measures, this paper finds that green aid fragmentation is detrimental to the effectiveness of green aid flows in reducing CO2 emissions per capita. The findings also highlight that the damaging impact of green aid fragmentation is lower in countries with stronger institutions. This paper highlights the need for better coordination of the green aid flows by having less fragmented green aid flows. [Abstract copyright: Copyright © 2023 The Author. Published by Elsevier B.V. All rights reserved.]
Original languageEnglish
Article number161922
Pages (from-to)161922
JournalScience of the Total Environment
Volume870
Early online date1 Feb 2023
DOIs
Publication statusE-pub ahead of print - 1 Feb 2023

Keywords

  • Fragmentation
  • Climate change
  • Carbon emissions
  • Institutional quality
  • Green aid

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