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Based on results of the first phase of the Kyoto Protocol—which requires participating industrial countries to limit their carbon emissions—this book recommends creating a global regulatory regime that would set emission targets for all nations. The authors argue that once these targets and the policies for meeting them are established, countries will be spurred to develop lower-carbon-producing economies. The book discusses experiences in Japan primarily, along with results from collaborative research between Japan and the Republic of Korea and comparative studies between Japan and Germany. The chapters adopt different perspectives, looking at the issue from the discipline of economics as well as a more sociological, neo-institutionalist viewpoint.--Publisher's description.
Transformation to a low carbon economy is a central tenet to any discussion on the solutions to the complex challenges of climate change and energy security. Despite advances in policy, carbon management and continuing development of clean technology, fundamental business transformation has not occurred because of multiple political, economic, social and organisational issues. Carbon Governance, Climate Change and Business Transformation is based on leading academic and industry input, and three international workshops focused on low carbon transformation in leading climate policy jurisdictions (Canada, USA and the UK) under the international Carbon Governance Project (CGP) banner. The book pulls insights from this innovative collaborative network to identify the policy combinations needed to create transformative change. It explores fundamental questions about how governments and the private sector conceptualize the problem of climate change, the conditions under which business transformation can genuinely take place and key policy and business innovations needed. Broadly, the book is based on emerging theories of multi-levelled, multi-actor carbon governance, and applies these ideas to the real world implications for tackling climate change through business transformation. Conceptually and empirically, this book stimulates both academic discussion and practical business models for low carbon transformation.
Low Carbon Development: Key Issues is the first comprehensive textbook to address the interface between international development and climate change in a carbon constrained world. It discusses the key conceptual, empirical and policy-related issues of low carbon development and takes an international and interdisciplinary approach to the subject by drawing on insights from across the natural sciences and social sciences whilst embedding the discussion in a global context. The first part explores the concept of low carbon development and explains the need for low carbon development in a carbon constrained world. The book then discusses the key issues of socio-economic, political and technological nature for low carbon development, exploring topics such as the political economy, social justice, financing and carbon markets, and technologies and innovation for low carbon development. This is followed by key issues for low carbon development in policy and practice, which is presented based on cross-cutting issues such as low carbon energy, forestry, agriculture and transportation. Afterwards, practical case studies are discussed from low carbon development in low income countries in Africa, middle income countries in Asia and Latin America and high income countries in Europe and North America. Written by an international team of leading academics and practitioners in the field of low carbon development, this book is essential reading for students, academics, professionals and policy-makers interested in the fields of low carbon development, climate change mitigation, climate policy, climate change and development, global environmental change, and environment and development.
This book addresses the global need to transition to a low-carbon society and economy by 2050. The authors interrogate the dominant frames used for understanding this challenge and the predominant policy approaches for achieving it. Highlighting the techno-optimism that informs our current understanding and policy options, Kirby and O’Mahony draw on the lessons of international development to situate the transition within a political economy framework. Assisted by thinking on future scenarios, they critically examine the range of pathways being implemented by both developed and developing countries, identifying the prevailing forms of climate capitalism led by technology. Based on evidence that this is inadequate to achieve a low-carbon and sustainable society, the authors identify an alternative approach. This advance emerges from community initiatives, discussions on postcapitalism and debates about wellbeing and degrowth. The re-positioning of society and environment at the core of development can be labelled “ecosocialism” – a concept which must be tempered against the conditions created by Trumpism and Brexit.
Utilizing a governmentality lens, this timely book offers an explanation for ChinaÕs decarbonization performance in the early 21st century. Le-Yin Zhang investigates one of the most ambitious governing projects in history, analyzing the political rationalities of Chinese leaders for decarbonization and the governing techniques and technologies at multiple levels of governance.
By providing a theoretical analysis for the issues of climate change, carbon emission mitigation, energy-saving and low-carbon development, this book develops a new branch of economics known as Low-carbon Economics. It explores economic theories, analysis methodologies, measurements, indexes and business models for the low-carbon economy. It is an important source of reference for researchers and government officers on policy design and low-carbon city planning.
The Federal Government of Nigeria has adopted an ambitious strategy to make Nigeria the world’s 20th largest economy by 2020. Sustaining such a pace of growth will entail rapid expansion of the level of activity in key carbon-emitting sectors, such as power, oil and gas, agriculture and transport. In the absence of policies to accompany economic growth with a reduced carbon foot-print, emissions of greenhouse gases could more than double in the next two decades. This study finds that there are several options for Nigeria to achieve the development objectives of vision 20:2020 and beyond, but stabilizing emissions at 2010 levels, and with domestic benefits in the order of 2 percent of GDP. These benefits include cheaper and more diversified electricity sources; more efficient operation of the oil and gas industry; more productive and climate –resilient agriculture; and better transport services, resulting in fuel economies, better air quality, and reduced congestion. The study outlines several actions that the Federal Government could undertake to facilitate the transition towards a low carbon economy, including enhanced governance for climate action, integration of climate consideration in the Agriculture Transformation Agenda, promotion of energy efficiency programs, scale-up of low carbon technologies in power generation (such as renewables an combined cycle gas turbines), and enhance vehicle fuel efficiency.
In the last thirty years, China has experienced rapid economic development and urbanisation which has resulted in high levels of environmental degradation and has put considerable pressure on the country’s infrastructure and natural resources. As China commits to considerably lower the carbon intensity of its economy, this volume analyses and explains the governance of climate change mitigation responses in major Chinese cities. The book focuses specifically on two highly carbon intensive sectors, buildings and transport, in Guangzhou, Shenzhen, and Hong Kong to explore how collaborative municipal networks function in practice in Chinese cities. The authors find that effective coordination relies on the political will of local administrative elites, the political significance attached to climate change issues, the legitimate authority granted to the coordinating agency, and human and financial capitals. Collaboration is hampered by limited span of network engagement, inadequate authority of the primary network participants, insufficient input and output legitimacy of the sectoral innovations, and missing linkages across functionally segregated sectors. The book concludes that the enhanced collaboration and coordination between networks that has emerged in the process of low carbon transitions is transforming the Chinese environmental state into a more pluralistic, inclusive and legitimate one. This book will be of interest to researchers and practitioners across disciplines including Chinese studies, environmental politics and policy, urban studies, and planning and geography.
Climate change has emerged as one of the most severe global threats in recent years, necessitating urgent interventions. The Paris Agreement on climate change and the United Nations through the Sustainable Development Goals (SDGs) have established ingenious targets for mitigating greenhouse gas emissions, thus charting a path to a more ecologically friendly energy system. Energy accessibility is often restricted in developing economies, where conventional energy sources like coal, oil, and natural gas are still primarily utilized. However, the inimical effects of traditional energy sources such as fossil fuels on the environment and health and the quest for measures to counteract climate change have sparked a growing interest in renewable energy in these countries. Renewable energy can provide several benefits to developing countries, including job creation, improved energy access and security, and reduced reliance on imported fossil fuels. The potential for developing countries to contribute significantly to the energy transition drive is obvious. Nonetheless, they encounter numerous peculiar constraints, including restricted access to financing, infrastructure deficit, and a lack of technical competence that challenge the transition process. Also, the need for proper oversight and accountability in the energy sector in most developing countries impedes the ability of governments to adopt effective policies to enhance the efficacy of the sector. Fundamentally, the energy transition in developing markets is a challenging and heterogeneous process that necessitates a multidimensional approach encompassing regulatory policies, institutional frameworks, and technological integration for a sustainable energy system. Governance Quality, Fiscal Policy, and the Path to a Low-Carbon Future: Perspectives From Developing Economies provides a comprehensive overview of the role of governance quality and fiscal policy in shaping the path toward more sustainable, renewable energy sources. Covering several key themes, including the relationship between institutional quality and renewable energy adoption, emission trading systems, green finance, climate resilience, and climate-induced migration, among others, this premier reference work aims to provide policymakers, academics, practitioners, and students with valuable insights, practical recommendations, and a deeper understanding of the energy transition landscape in developing economies.