Investigating the Effects of Kyoto Protocol Mechanisms on the Environment and Economy

As production processes improve, the stimulation of economic growth has overlooked its externalities over time. In pursuit of sustainable development, nations were driven to combat climate change and increasing greenhouse gas emissions through the Kyoto Protocol. The policy brief is based on the inv...

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Main Authors: Co, Erica Reanne C., Francisco, Samantha Colleen M., Gumba, Chelsie Marie D., Magallanes, Joshua Martine J.
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Published: Animo Repository 2021
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Online Access:https://animorepository.dlsu.edu.ph/res_aki/107
https://animorepository.dlsu.edu.ph/context/res_aki/article/1102/viewcontent/Investigating_the_Effects_of_Kyoto_Protocol_Mechanisms_on_the_Environment_and_Economy.pdf
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id oai:animorepository.dlsu.edu.ph:res_aki-1102
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spelling oai:animorepository.dlsu.edu.ph:res_aki-11022023-07-05T02:59:41Z Investigating the Effects of Kyoto Protocol Mechanisms on the Environment and Economy Co, Erica Reanne C. Francisco, Samantha Colleen M. Gumba, Chelsie Marie D. Magallanes, Joshua Martine J. As production processes improve, the stimulation of economic growth has overlooked its externalities over time. In pursuit of sustainable development, nations were driven to combat climate change and increasing greenhouse gas emissions through the Kyoto Protocol. The policy brief is based on the investigation of the Kyoto Protocol Mechanisms (Clean Development and Emissions Trading Scheme) through difference-in-difference (DID) estimation, together with panel regression to evaluate the path towards viability using the metrics for externalities (total greenhouse gas emissions) and economic growth (GDP). For this reason, the DID takes into account the quantitative aspect in evaluating the effectiveness of the said mechanisms by investigating the pre- and post-treatment periods. The panel regression results then quantify the influence of the drivers of development towards the specified metrics. Results show that relying on the mechanisms aforementioned in promoting and reinforcing cleaner economic growth throughout the globe is inefficient. Such evidence will be fundamental in enhancing the said mechanisms for its continuity. 2021-06-01T07:00:00Z text application/pdf https://animorepository.dlsu.edu.ph/res_aki/107 https://animorepository.dlsu.edu.ph/context/res_aki/article/1102/viewcontent/Investigating_the_Effects_of_Kyoto_Protocol_Mechanisms_on_the_Environment_and_Economy.pdf Angelo King Institute for Economic and Business Studies Animo Repository Kyoto Protocol Mechanism Emissions Trading Scheme Clean Development Mechanism Greenhouse Gas Emissions Sustainable Development Environmental Health and Protection Natural Resource Economics Technology and Innovation
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
topic Kyoto Protocol Mechanism
Emissions Trading Scheme
Clean Development Mechanism
Greenhouse Gas Emissions
Sustainable Development
Environmental Health and Protection
Natural Resource Economics
Technology and Innovation
spellingShingle Kyoto Protocol Mechanism
Emissions Trading Scheme
Clean Development Mechanism
Greenhouse Gas Emissions
Sustainable Development
Environmental Health and Protection
Natural Resource Economics
Technology and Innovation
Co, Erica Reanne C.
Francisco, Samantha Colleen M.
Gumba, Chelsie Marie D.
Magallanes, Joshua Martine J.
Investigating the Effects of Kyoto Protocol Mechanisms on the Environment and Economy
description As production processes improve, the stimulation of economic growth has overlooked its externalities over time. In pursuit of sustainable development, nations were driven to combat climate change and increasing greenhouse gas emissions through the Kyoto Protocol. The policy brief is based on the investigation of the Kyoto Protocol Mechanisms (Clean Development and Emissions Trading Scheme) through difference-in-difference (DID) estimation, together with panel regression to evaluate the path towards viability using the metrics for externalities (total greenhouse gas emissions) and economic growth (GDP). For this reason, the DID takes into account the quantitative aspect in evaluating the effectiveness of the said mechanisms by investigating the pre- and post-treatment periods. The panel regression results then quantify the influence of the drivers of development towards the specified metrics. Results show that relying on the mechanisms aforementioned in promoting and reinforcing cleaner economic growth throughout the globe is inefficient. Such evidence will be fundamental in enhancing the said mechanisms for its continuity.
format text
author Co, Erica Reanne C.
Francisco, Samantha Colleen M.
Gumba, Chelsie Marie D.
Magallanes, Joshua Martine J.
author_facet Co, Erica Reanne C.
Francisco, Samantha Colleen M.
Gumba, Chelsie Marie D.
Magallanes, Joshua Martine J.
author_sort Co, Erica Reanne C.
title Investigating the Effects of Kyoto Protocol Mechanisms on the Environment and Economy
title_short Investigating the Effects of Kyoto Protocol Mechanisms on the Environment and Economy
title_full Investigating the Effects of Kyoto Protocol Mechanisms on the Environment and Economy
title_fullStr Investigating the Effects of Kyoto Protocol Mechanisms on the Environment and Economy
title_full_unstemmed Investigating the Effects of Kyoto Protocol Mechanisms on the Environment and Economy
title_sort investigating the effects of kyoto protocol mechanisms on the environment and economy
publisher Animo Repository
publishDate 2021
url https://animorepository.dlsu.edu.ph/res_aki/107
https://animorepository.dlsu.edu.ph/context/res_aki/article/1102/viewcontent/Investigating_the_Effects_of_Kyoto_Protocol_Mechanisms_on_the_Environment_and_Economy.pdf
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