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This study explores the impact of political uncertainty on sustainable urban development by examining carbon emission trading systems (ETS) in four major markets in China (Beijing, Shanghai, Guangdong, and Hubei) from 2014 to 2022. As an alternative to carbon taxes, carbon ETS markets have become increasingly popular due to their success in reducing greenhouse gas emissions. However, their effectiveness is often hindered by political instability and uncertainty. Utilising logistic regression and AR(1)-GARCH estimations, we identify a negative relationship between political uncertainty and carbon trading volume. Our study also reveals significant variations in the responses of these markets to political uncertainty. The paper contributes to the understanding of how ETS markets operate in a complex and constantly changing political environment. We suggest that policymakers need to consider the impact of political uncertainty on carbon trading when designing and implementing urban policies that promote sustainable development. Additionally, our research contributes to the development of urban policies that can be effectively implemented in both developed and developing regions. • Local government official turnovers are used as the measurement of political uncertainty. • Daily transaction data from four carbon ETS markets (Beijing, Shanghai, Hubei and Guangdong) in China • Considered the probability and proportion of zero transaction day • Logistic regression and AR(1)-GARCH estimations • A negative relationship between political uncertainty and carbon transaction volume [ABSTRACT FROM AUTHOR]

Climate change is perceived as a major challenge of modern times. Apart from mitigation measures, such as greenhouse gas emission reductions, a further means to tackle it is via the deployment of adaptation policies and responses, which may also help to address the natural hazards associated with it. Despite the importance of adaptation measures, their effectiveness is often limited by a failure to integrate actions addressing both the causes and symptoms of vulnerability. There is evidence that adaptation processes are largely fragmented, incremental, with limited capacity for transformational change. This paper suggests measures through which transformative adaptation may be further deployed to tackle climate challenges in conjunction with efforts that address poverty alleviation. The implications of this paper are two-fold. Firstly, it offers a comprehensive review of the literature on transformative climate change adaptation, outlining its nature and special features. Secondly, it contains a unique set of cases from 20 countries, predominantly from the Global South, mostly affected by climate change, and is one of the largest studies on the topic ever undertaken. The experiences from this paper will support attempts to sustain transformative adaptation and natural hazards control, which are relevant to the many countries suffering from climatic variations. • Examines the concept of transformative adaptation and its adoption in facing climate change adaptation challenges. • Presents cases of climate change adaptation strategies from 20 countries. • Highlights the context-specific nature of climate change adaptation challenges. • Six countries adopted mainly incremental adaptation approach while 14 countries implemented transformative adaptation methods. • Highlights measures for improving the implementation of transformative adaptation to tackle challenges of climate change. [ABSTRACT FROM AUTHOR]