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Transaction costs (TCs) must be taken into account when assessing the performance of policy instruments that create markets for the diffusion and commercialization of low-carbon technologies (LCTs). However, there are no comprehensive studies on the development and application of transaction cost analysis to LCTs. In this meta-analysis, a wide-ranging evaluation of TCs associated with energy efficiency, renewable energy, and carbon market technologies is provided. There is a plethora of different definitions of, and measurement techniques to estimate, TCs. There is wide variation in the quantitative estimates, which can be attributed to factors such as the definition used, data collection, quantification methods, the type and size of technologies, the regulatory frameworks, the complexity of transactions, and the maturity of policy instruments. It is concluded that TCs are highly specific to both LCTs and policy instruments and that a common methodological approach is needed to avoid misleading policy analysis of the extant and future assessments.

Policy relevance

Transaction costs (TCs) accrued by, for instance, the search for information, due diligence, monitoring and verification (M&V) activities, must be considered in the design, implementation, and assessment of policy instruments. Such costs can have a negative effect on the performance of policy instruments aimed at the diffusion and commercialization of low-carbon technologies. It is shown here that TC analysis is mostly technology and policy context-specific and hence that it is not advisable to make generalizations about sources and estimates. The nature and scale of TCs are likely to differ due to a variety of endogenous determinants (e.g. size and performance of technologies), exogenous drivers (e.g. regulatory policy frameworks), and methodological aspects (e.g. quantification techniques). Several measures and strategies have the potential to reduce TCs, including standardized full cost accounting systems, an ex ante M&V approach, project bundling, and streamlining of procedures.  相似文献   
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Landslide susceptibility assessment is a major research topic in geo-disaster management. In recent days, various landslide susceptibility and landslide hazard assessment methodologies have been introduced with diverse thoughts of assessment and validation method. Fundamentally, in landslide susceptibility zonation mapping, the susceptibility predictions are generally made in terms of likelihoods and probabilities. An overview of landslide susceptibility zoning practices in the last few years reveals that susceptibility maps have been prepared to have different accuracies and reliabilities. To address this issue, the work in this paper focuses on extreme event-based landslide susceptibility zonation mapping and its evaluation. An ideal terrain of northern Shikoku, Japan, was selected in this study for modeling and event-based landslide susceptibility mapping. Both bivariate and multivariate approaches were considered for the zonation mapping. Two event-based landslide databases were used for the susceptibility analysis, while a relatively new third event landslide database was used in validation. Different event-based susceptibility zonation maps were merged and rectified to prepare a final susceptibility zonation map, which was found to have an accuracy of more than 77 %. The multivariate approach was ascertained to yield a better prediction rate. From this study, it is understood that rectification of susceptibility zonation map is appropriate and reliable when multiple event-based landslide database is available for the same area. The analytical results lead to a significant understanding of improvement in bivariate and multivariate approaches as well as the success rate and prediction rate of the susceptibility maps.  相似文献   
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