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<p>As the world accelerates the transition to a carbon–neutral economy, the business circle has been increasingly under pressure to address climate change issues at a strategic level. Companies have paid attention to international technology transfer and clean mechanism development (CDM) as a strategic means to facilitate low-carbon innovation and help emerging countries manage carbon emission reductions at the same time. This study explores dynamic processes of low-carbon technology transfer through CDM and international cooperation. An in-depth case study about a pioneering refrigerator CDM project presents lessons on successfully implementing and creating benefits to all stakeholders engaged in cooperation. Firms should approach consumer product-focused CDM from market competition and strategy perspective, not government expenditure. Governments' role is to provide product- and market-based regulatory schemes. Technology transfer utilizing adequate-level technologies and international cooperation could generate mutual benefits for all stakeholders, creating shared value.</p>

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Creating green shared value: How energy-efficient technologies are transferred across borders through clean development mechanism and international cooperation

  • 期刊论文

  • 发表日期：

    2026年2月2日

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  • Su-Yol Lee,
  • Yongjin Park

摘要

As the world accelerates the transition to a carbon–neutral economy, the business circle has been increasingly under pressure to address climate change issues at a strategic level. Companies have paid attention to international technology transfer and clean mechanism development (CDM) as a strategic means to facilitate low-carbon innovation and help emerging countries manage carbon emission reductions at the same time. This study explores dynamic processes of low-carbon technology transfer through CDM and international cooperation. An in-depth case study about a pioneering refrigerator CDM project presents lessons on successfully implementing and creating benefits to all stakeholders engaged in cooperation. Firms should approach consumer product-focused CDM from market competition and strategy perspective, not government expenditure. Governments' role is to provide product- and market-based regulatory schemes. Technology transfer utilizing adequate-level technologies and international cooperation could generate mutual benefits for all stakeholders, creating shared value.