ABSTRACT
Historically, developing countries have been responsible for only a small share of the world total greenhouse gas (GHG) emissions (Baumert, Herzog, & Pershing, 2005). In contrast, in the coming years, emissions are expected to grow faster in developing countries (DOE & EIA, 2011). In this context arises one of the most complicated challenges of global climate policy: to follow lowcarbon-development paths. On the one hand, developing countries are trying to reach economic prosperity as fast as possible; on the other hand, costs and availability of clean technologies may slow down the economic growth, leaving as cheaper and available alternative the use of traditional dirty technologies (Cadena et al., 2011).
