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Energy efficiency plays an important role in energy systems all over the world, representing the most available and cheapest source of energy. Progress in energy efficiency translates into reduced consumption, reduced dependency on external suppliers of fossil fuels, mitigation of climate change, and improvement of quality of life. Given its tremendous importance for energy systems and national economies, this paper aims to offer salient insights on the performance of the countries of the European Union (EU-27) towards an energy-efficient future, bearing in mind the quantitative milestones of sustainable development goal 7 (SDG7) of the Agenda for Sustainable Development of the United Nations. The current research offers a new perspective and delivers a comprehensive, robust, and succinct model which provides insights on the performance of EU-27 member states based on appropriate quantitative key performance indicators related to energy efficiency. The results show that about 19% of EU-27 member states are in a leading position, while about 41% of EU-27 member states have modest performance, and about 14% are still lagging. The findings of this paper may open discussions to find better ways to valorise energy efficiency, and may offer support for legislators and other stakeholders in energy systems. Moreover, by benchmarking different types of national practices, the countries which are still struggling to use energy-efficiency measures may find suitable ways to accelerate transition to a more energy-efficient future. [ABSTRACT FROM AUTHOR]

The emergence of new transformational technology, known as the fourth industrial revolution, has crucially opened a new window to green economic growth. The transition to low carbon, green economy, and green sustainability has gained momentum simultaneously in developed and developing countries. The greening policy echoes the pending climate change and its entrenching disruptions. Financial technology, or FinTech seems to be a promising direction in unlocking the green dilemma; to be concrete, FinTech and the green economy are separately documented in the literature. Against this background, the current study investigates the intersection between green economic growth and FinTech by conducting a systematic-cum-bibliometric analysis of published papers in the Scopus database with the goal of first examining the role and opportunities of implementing green FinTech as a stimulus for transition towards green economic growth in African countries and, second, identifying knowledge gaps and future policy and research directions by developing an integrated framework to help African countries in the transition to green economic growth and green FinTech. The results illustrate an increasing trend in research attention towards the green FinTech concept and its relationship with green economic growth, climate change, and greening rules and standards. A deep inspection of the mined papers indicates that future research trajectories are oriented into five different mainstreams: technology and instruments in digital finance; regulation, policies, and green FinTech; climate risk mitigation through FinTech; FinTech and environmental quality; green finance and climate change mitigation. Based on these research directions, an integrated framework was conceptualised that aims to deliver green economic growth using FinTech as a vehicle of transition for African countries. [ABSTRACT FROM AUTHOR]

Aim: In this paper, we analyze the potential of various digital tools such as gamification-based applications or digital currencies in enabling the social engagement in climate change mitigation processes by encouraging pro-environmental behaviors. Therefore, as a result of this study, we aim to develop a conceptual framework for a green digital tool, dedicated to cities seeking to shape their resilience by supporting bottom-up initiatives and encouraging residents to join the effort through educational interventions. Methods: The study was divided into four steps using a variety of methodological approaches, including a review of the SLR literature, analysis of the successes and failures of existing solutions, and qualitative workshops with stakeholders. Findings: The conceptual basis of the proposed solution has been developed based on the existing knowledge on pro-environmental nudging and lessons learnt from existing solutions. Value/originality: The developed conceptual framework can contribute to local economies while promoting social solidarity. It has the potential to build communities which can act together for the purpose of urban climate resilience because, from the very beginning, it is co-created together with residents. Practical implementation and beneficiaries: The concept described in this paper can serve cities as a supportive solution, shaping climate change awareness and attitudes toward active engagement. [ABSTRACT FROM AUTHOR]

The Sixth Assessment Report of Inter-Governmental Panel on Climate Change (IPCC) has highlighted the urgency of accelerated climate actions harnessing synergies and minimizing trade-offs with various SDG. This calls for a clear understanding of linkages between climate goals and other SDGs at national level for formulating synergistic policies and strategies and developing different sectoral programs and coherent cross-sectoral policies. This is even more important for least developed countries such as Nepal where these linkages are less understood and development challenges are multifaceted. In this context, this paper aims to evaluate potential synergies and trade-offs among selected SDGs and their associated targets in Nepal in a linear pairwise comparison. Synergies and trade-offs related to climate action (SDG 13), access to energy (SDG 7), sustainable consumption and production (SDG 12), and life on land (SDG 15) have been evaluated using historical data for the period from 1990 to 2018 employing a mixed methods approach. Network analysis to map the conceptual linkages between the SDGs and their targets was combined with the advance sustainability analysis (ASA) to quantitatively evaluate the synergy and trade-offs between SDGs. The results illustrate the presences of a continual trade-off between emission reductions targets of SDG 13 with per capita energy consumption and share of renewable energy of SDG 7, land use for agricultural production target of SDG 12, and forest area target of SDG 15. This indicates that climate action is strongly interlinked with GHG emissions from economic activities and energy consumption. The results of the study represent a valuable input for the policy makers, supporting coherent and sustainable development planning as Nepal plans to graduate to a middle-income country. [ABSTRACT FROM AUTHOR]

In respect to CO2 emissions, the post-Soviet states are a scientifically interesting object of research, as each of the countries has developed via different paths since reclaiming independence from the Soviet Union. Given that each country has a different approach to the use of fossil resources, it is essential to assess their input to global carbon footprint individually. Such assessment then allows to find certain actions in the development of legislation and to apply focused techniques to reduce carbon emissions. The aim of this study was to evaluate the fossil CO2 emissions produced in the Baltic States from 1991 onward, describing challenges relating to sustainability and socio-economic, scientific, and integrated approaches to sustainable development, including clean and efficient use of energy, and thus addressing climate challenges. This paper reports on data on CO2 emissions in the Baltic States. The results show that the transition of the Baltic States from the specificities of the Soviet Union's economy to an economy integrated into global markets has led to a significant reduction in CO2 emissions. However, the development and implementation of national policies for sustainable development are still crucial for mitigation of the climate crisis. Further actions must include the implementation and monitoring of policies for sustainable development, changing of the consumption and production patterns, education and awareness of sustainability, and adaptation to global climate change, while also addressing sustainability challenges. [ABSTRACT FROM AUTHOR]

The penetration of renewable energy is one of the main challenges for sustainable energy development. Local governments across the European Union commit to development and implementation of the Sustainable Energy (and Climate) Action Plan. This paper focuses on the case of Lithuania—a Central and Eastern European country. Almost one-third of Lithuanian municipalities have joined the Covenant of Mayors and prepared the plans that include SWOT analysis. However, there is a lack of information on how those plans contribute to climate change mitigation and sustainable energy development. This study identifies the links between key policy financial instruments, increasing energy efficiency. The Strategic Action Plans aimed at reducing GHG emissions and energy consumption in Lithuanian municipalities are analyzed. The challenges in promoting the renewable energy generation in Lithuanian rural regions are discussed. Moreover, the importance of strengths, weaknesses, opportunities, and threats identified is elicited at the local level. The study uses a combination of methods, such as expert surveys and SWOT analysis, that complements the tools used for regional energy climate planning and allows for overarching analysis. The expert survey shows that priority is given for renovation of buildings and modernization of energy infrastructure, making them more sustainable and more energy efficient. The results also show that, in the case of Lithuania (and possibly elsewhere in the post-Soviet countries), conditions and opportunities should be created beforehand to increase energy efficiency. Once this is achieved, the policies should focus on energy transition by switching to sustainable energy resources. [ABSTRACT FROM AUTHOR]

The energy problem has been redefined as one of the most important elements of sustainable development by climate change, adaptation and mitigation. Meeting energy needs is always a current issue in Hungary, irrespective of climate change because of the country's high dependency on oil and gas imports, limited opportunities to replace them with domestic production, and the pollution associated with using fossil energy sources. Increasing effectiveness and saving energy can provide relatively short-term solutions with bearable costs and a relatively quick return on investment. The aim of the present paper is to give an overview about the climate and energy policy in Hungary with a special focus on the new energy strategy. Energy policy has a pivotal role in the economic recovery plan of the Hungarian government. The National Energy Strategy 2030 taking shape in Hungary takes climate policy into account with respect to adaptation and mitigation and lists renewable energy sources as the second most important tool for achieving strategic goals. As in most countries, it is also possible in Hungary to introduce climate strategy measures with zero social costs. The expedient management of climate change requires the combination of prevention, adaptation and dissemination initiatives. Strategies must meet a dual requirement: they must face the economic risks associated with premature measures, while also considering the adverse effects of delay. [ABSTRACT FROM AUTHOR]

The rapid decarbonization of the global economy represents the main challenge for the next decades to combat climate change. The European Union (EU) is leading the negotiation process under the Paris Agreement and recently approved an ambitious unilateral mitigation strategy known as the European Green Deal (EGD). In this paper, we present a novel approach based on the analysis of patent data related to climate change and mitigation technologies (CCMTs) with the aim of describing the evolutionary pattern of the EU in green technology. Based on our analysis, two of our main results deserve attention. First, at the global level, the pace of generation of new green technologies as measured by patent data is slowing down in recent years. This trend, if not inverted, casts some doubts on the economic sustainability of the ambitious environmental targets set by the EC. Second, the current EU technological positioning with respect to green areas appears to be problematic in terms of technological sovereignty, with serious risks of potential technological dependences from other countries. Given the radical technological shift required for the implementation of a full decarbonization pattern, the EU must realize a mission-oriented technology policy with additional and directed investments to ensure technological independence, together with a low-carbon and energy secure economy. [ABSTRACT FROM AUTHOR]

The purpose of this article is to analyze and compare the benefits of and barriers to the implementation of Environmental Management Systems (EMS)—International Standard ISO 14001 and Eco-Management and Audit Scheme (EMAS)—by organizations. This paper attempts to answer the following research questions: 1. Does the implementation of either ISO 14001 or EMAS bring the same benefits and barriers to organizations? 2. Does the system functioning duration in the company influence internal and external benefits resulting from EMS implementation? 3. Are economic aspects of EMS adoption as important for entrepreneurs as the ecological aspects? This topic is important due to the large disproportions appearing in recent years between the number of companies registered in ISO 14001 and in EMAS, and due to relatively frequent cases of non-renewal of EMAS certifications in recent years. It is crucial because each EMS certified institution has implemented procedures which contribute to better protection of the natural environment. The study was conducted in the form of a survey; questions and answers were specified based on the literature review and the authors' research. Results indicate that the knowledge-based and organizational problems, as well as the time invested in preparing the documentation, are much more significant than financial problems associated with EMS implementation. Even organizations that previously introduced ISO 14001 still have difficulties with EMAS implementation. The perception of benefits resulting from EMS introduction is related to the system functioning duration in the company. The analysis shows that it is necessary to strengthen economic incentives in order to enable the widest possible dissemination of EMS among companies. Research results can contribute to further simplification and increases in EMS implementation, which may lead to more sustainable development and climate change mitigation, inter alia, due to the improvement in energy efficiency, increased use of renewable energy, and reduction of greenhouse gas emissions. [ABSTRACT FROM AUTHOR]

Palm oil's utilization as a renewable energy (RE) source has led the government to intervene by introducing emission reduction projects. Carbon trading projects are part of the strategic direction adopted within the climate mitigation plan and sustainability drive in the palm oil industry. The perquisites and opportunities encountered within emissions trading are expected to aid palm oil producers economically, environmentally, and socially. This study addresses and analyses how the carbon trading projects' targets in Malaysia can be achieved, the problematic, and pressing issues around their implementation and whether these projects are sustainable and create a positive impact. This paper is based on literature reviews and semi-structured interviews with expert palm oil producers in Malaysia. The findings have revealed that carbon trading implementation in Malaysia has delivered new insights towards the international climate policy approach on the feasibility and impact of long-term sustainability goals. However, the impact of the implementation needs support from the government for further development. In conclusion, the major contribution of this study is that the carbon trading implementation in Malaysia complies with the objectives and principles of sustainable development and creates a significant influx in investment for Malaysia's economic growth. [ABSTRACT FROM AUTHOR]