This report, written by climate change economist Stephen Seres and published by the UN Framework Convention on Climate Change (UNFCCC), analyses the extent to which projects funded by the UNFCCC's Clean Development Mechanism (CDM) contribute to technology transfer.

Although the CDM does not have an explicit technology transfer mandate, it contributes to technology transfer by funding projects that use technologies previously unavailable in host countries. Using data from over 3000 registered and proposed CDM projects, Seres finds over a third claim to involve technology transfer — of both knowledge and equipment.

Most of the technology originates from Germany, France, Japan, the United Kingdom and the United States. Some countries — including Bolivia, Ecuador, Kenya, Malaysia and Sri Lanka — have a much higher than average rate of technology transfer. Others, such as Brazil and China, have a much lower than average rate, although where there is technology transfer, it often extends beyond individual CDM projects.