1.3 METHODS, MATERIALS AND SELECTIONWith the overall aim and research questions in mind this section will addressthe methodological approaches employed by this thesis.1.3.1 STUDY DESIGNOn the whole, this study can be categorized as qualitative research, as it hasserved to enhance comprehension of the complexity of a problem (Mikkelsen, 2005).The general research strategy employed by this study is a mix of qualitative andquantitative forms, a cross-sectional design, and a mix of text analysis, interviews,and questionnaire methods.The need to understand the relevant aspects of the carbon markets phenomenajustifies the adopted qualitative approach. The qualitative analysis is especiallyrelevant for this study, which aims not only to describe the current state of thevoluntary market-based mechanism, but also to explain future development of thecarbon finance options in Sub-Saharan Africa. It was considered suitable for thecurrent research as a strategy suggested for the exploration of the subject. Moreover itleaves room for interpretation of the studied phenomena from the perspective ofagents involved. One of the distinctive characteristics of qualitative research is that itis more concerned with words, or narratives, than numbers (Bryman, 2004). Itsepistemological position stresses understanding of social world through examining theinterpretation of the world by its participants (Bryman, 2004). Its ontological positionis described as constructionists, which implies that social properties are outcomes ofthe interaction between individuals. It views the studied phenomena as a socialnarrative and process, with an aim to show how it unfolds over time (Bryman, 2004).Hence, the application of qualitative research encouraged my ‘viewing world throughthe eyes’ of market agents and enhanced my perspective, by providing valuableinsights into the nature of studied phenomena (Silverman, 1999).The quantitative research consisted of collecting empirical data with relevanceto the subject of voluntary carbon market evolution in order to enhance understandingof the phenomena, to emphasize the role it plays and to be able to hypothesize aboutits future development.The analytical part of the thesis contains elements of discourse analysis. Inthat sense the study concentrates on details of the narratives adopted, such asdifferences in definitions of terms or differences in ways of addressing similar ideas(Gee, 2001; Punch, 1999; Wodak & Meyer, 2001) about sustainability in GHG ERsprojects by various actors or contextual meaning of the projects and standarddocuments. Assuming that the conceptualization defines the outcome or in the wordsof Gill (cited in Bryman, 2004) this study refers to sustainability concept as“something said as being a solution to the problem”. Thus, analysis of itsconceptualization provides insight into possible outcomes.5
Discourse analysis is sensitive to ‘how spoken and written languages are usedand how accounts and descriptions are constructed’ (Punch 1999, p. 229). It has anaim to ascertain the contextual meaning of the documents and other informationcollected, as for example, the project reports, views expressed in the interviews,standards related documents, and to identify their rationale and effects. In otherwords, it means that different ‘world views’ are considered within this study asexpressed narratives of the phenomena. They are analyzed in order to understandsome common comprehensions and underlying value commitments within thesustainability discourse. As well as to gain understanding of how sustainabledevelopment as a practical framework is conceptualized and what elements play arole in constructing the concept. After the way of framing sustainable development byvarious actors of carbon market will be presented, I will compare it to the elementsforming discourses as adopted by the study and will draw conclusion on the nature ofdiscourse prevailing in the phenomena of voluntary carbon market in the studiedregion.Next, I shall turn to an elaboration upon the methods utilized by the study: oftext analysis, interviews, and questionnaires and a method of discourse analysis.1.3.2 MATERIAL AVAILABILITYFirstly, the data on market development were obtained through publishedreports from international organizations, private companies and non-governmentalorganizations, which have examined the recent developments of the voluntary carbonmarket, as well as academic articles and other publications available. These materialswere located primarily through search engines like Lund University’s ELIN system,Google Scholar, a union catalog of digital resources OAIster, Danish TechnicalUniversity DADS system, Ecosystem Marketplace Reference Library, New CarbonFinance open resources and the UNEP publications database. It has led to thediscovery of the key areas to be further analyzed and determined the choice ofparticipants for the interviews, questionnaire respondents and projects to be includedin the inventory. The choice of the empirical evidence, i.e. what information could besupplied from literature or had to be investigated empirically through questionnaires,interviews, what the alternatives under consideration are, was tentatively exploredthrough expert consultations.The first stage of building the inventory of voluntary market-based projects inSub-Saharan Africa involved a comprehensive survey of the World Wide Web andidentified a total of 68 projects across the supply chain, including those in the pipelineand registered 2 . The retired projects were not included in the inventory due to theinsufficiency of the information available. Only the projects that claimed as aimingfor carbon transactions are included in the inventory. A number of projects for whichnot enough adequate data for evaluation was available were not included in theinventory, even though they were identified during the initial stage. There are a2 The registry mechanism for the voluntary market is a system of VERs accounting that enables the tracking ofVERs generated from issuance to retirement, basically a database. Thus registered projects here mean the project isregistered under one of the voluntary standards.6
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