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The issue of using green finance policies to prevent climate-related systemic risk (CRSR) while promoting low-carbon production is of great concern. Despite its significance for a stable transition to low-carbon energy, this topic remains underexplored in the literature. Our study examines the impact of monetary policies promoting low-carbon development on CRSR based on China's low-carbon transition scenario. To achieve this, we develop a financial network model with a forward-looking climate stress-testing framework. This model captures banks' heterogeneous behaviors regarding carbon asset allocation and the systemic feedback effects of climate policy shocks in a multilayer network. Our findings reveal that targeted reductions in the required reserve ratio (RRR) and carbon reduction re-lending policies have significant and distinct effects on CRSR. We also observe that larger banks tend to have higher systemic importance and are more responsive to adjustments in low-carbon monetary policies. By contrast, relatively smaller banks demonstrate greater vulnerability to climate policy shocks. Additionally, these policies influence CRSR through mechanisms involving credit restructuring and interbank network interconnectedness. This study provides valuable insights for enhancing low-carbon financial policies and facilitating a stable low-carbon transition. • The impact of monetary policies promoting low-carbon development on climate-related systemic risk (CRSR) is analyzed. • A financial network with a climate stress-testing framework in China's low-carbon transition scenario is constructed. • Targeted reductions in the required reserve ratio (RRR) and carbon reduction re-lending policies significantly affect CRSR. • Their impact shows apparent differences in quantity- and price-based adjustments. • Influencing mechanisms based on credit restructuring and interbank network interconnectedness are verified. [ABSTRACT FROM AUTHOR]

This study employs the dynamic recursive Computable General Equilibrium (CGE) approach to model Australia's economy. This carbon tax policy is designed based on Australia's economy, starting at A$23/tCO2, increasing over time and imposing uniformly on all industries. This study proposes two carbon tax policies and three revenue recycling approaches, and the prices and GDP variations are estimated during 2020 and 2035. This study confirms introducing a carbon tax policy decreases Australia's carbon emissions and reduces real consumption and GDP if it is not accompanied by a revenue recycling policy. But following a revenue-neutral policy and redirecting the carbon tax revenue into the economy through reducing income taxes and investing in research and development (R&D) projects leads to economic growth. This study confirms the implementation of a carbon tax associated with a suitable revenue recycling approach benefits Australia both economically and environmentally. [ABSTRACT FROM AUTHOR]

Abstract Carbon emission reduction policy is the main method to curb carbon emissions and tackle climate change. However, few studies have investigated the effectiveness of carbon emission reduction polices from the welfare and economic perspectives. This study establishes a dynamic general equilibrium model with input-output structure, and compares the effects of emission reduction in all industries and in high energy-consuming industries. The main conclusions are that carbon emission reduction constraints for all industries have more significant negative impacts on consumption and social welfare compared to emission reduction constraints for high energy-consuming industries. To be more precisely, carbon emission reduction in high energy-consuming industries has comparative advantages in maintaining social welfare stability. Regarding economic effects, compared with the carbon emission reduction in high energy-consuming industries, carbon emission reduction in all industries leads to a larger decline in total output and outputs of most industries. However, the role of carbon emission reduction in all industries is more significant in promoting employment. The carbon emission reduction policies of all industries and high energy-consuming industries have strengths in economic effects respectively. The findings could provide references for the government to take appropriate measures to promote carbon emission reduction and economic growth. [ABSTRACT FROM AUTHOR]

Abstract Most existing studies on environmental regulations and the location dynamics of pollution-intensive industries regard new environmental procedures as an incremental development process, and neglect the influence of sudden changes in environmental regulations triggered by a pollution crisis. Using the drinking water crisis in the Taihu Lake Watershed (TLW) in 2007 as an example, this paper examines the spatial behavior of pollution-intensive firms across the TLW, and pays special attention to the regional differences in the effectiveness of enforcing environmental regulations. We find that the pollution haven hypothesis works efficiently in the short term after an unexpected pollution crisis because of the immediate strengthening of environmental regulations by local governments under pressure from the central government and the public. However, the effect of strict environmental policies was compromised by differences in the effectiveness of policy enforcement across the watershed. Specifically, when other regions (for example, Huzhou) were compared with Wuxi (the site of the crisis in the present study), these regions were found to be relatively insensitive to the effects of the pollution incidents and the environmental regulations that were triggered. Highlights • This paper examines spatial behaviors of pollution-intensive firms across the Taihu Lake watershed in response to the water crisis. • The paper pays special attention to the regional difference in enforcement effectiveness of environmental regulations. • Pollution haven hypothesis works efficiently in the short run. • The effect of stringent environmental policies was compromised by differences in policy enforcement effectiveness. [ABSTRACT FROM AUTHOR]

Abstract There is a great deal of evidence that climate change affects socioeconomic systems. The social cost of carbon (SCC) is calculated by scientists to monetarize the incremental unit of carbon emission and is used to assess climate policies. This study begins with a review of current research on the SCC, followed by a discussion of the choice of models for the SCC. We give a list of advantages of disadvantages of each model and finally use a meta-analysis to evaluate the SCC from published research. The main findings were as follows. (i) Integrated assessment models (IAMs) are often employed to assess the SCC, research on IAMs was started booming in the 1990s and slightly decreased after 2012. (ii) The estimated SCC ranges from −50 to 8752$/tC (−13.36–2386.91$/tCO 2), with a mean value of 200.57$/tC (54.70$/tCO 2) and it equals to 112.86$/tC (30.78$/tCO 2) with a PRTP at 3% in peer-reviewed studies. (iii) The estimated SCC is higher in newer publication year and in peer-reviewed studies, the same trend happens with a higher climatic sensitivity and employing DICE/RICE and PAGE. (iv) The pure rate of time preference (PRTP) is tightly associated with the estimated SCC, and a higher PRTP has a lower estimated SCC. (v) The outliers often appear without realistic scenario setting and in studies have not peer-reviewed. Highlights • A higher PRTP has a lower estimated SCC. • Estimates of the social cost of carbon equals to 112.86$/tC with a PRTP at 3% in peer-reviewed studies. • The outliers often appear without realistic scenario setting and in studies have not peer-reviewed. [ABSTRACT FROM AUTHOR]

Abstract The critical role of everyday practices in climate change mitigation has placed experimental approaches at the top of the environmental policy agenda. In this paper we discuss the value of behavioural approaches, practice theories, pragmatic tinkering and speculative thinking with respect to experimentation. Whereas the first two have been much discussed within sustainability science and transition research, the notions of pragmatic tinkering and speculative thinking radically broaden the scope of experimental research and its contribution to sustainable everyday practices. Pragmatism brings to the fore the need to coordinate multiple practices and understandings of good eating, as these may clash in practice. Through this lens, the value of experimental research lies in revealing frictions that need to be resolved, or tinkered, in practice. Speculative experimentation, in turn, refers to the power of experiments to challenge the experimental setting itself and force thinking about new possibilities and avenues. We investigate the value of all four approaches in relation to our experiments with sustainable eating in the Finnish and Nordic context. Our elaboration justifies the need to broaden the conception of experimental research in order to capture the multiplicity of sustainable eating. Hence, we call for attentive, speculative experimental research aimed not only at testing solutions for sustainable everyday practice, but also at reflecting on the practice of experimentation itself. Highlights • Key role of everyday practices in sustainability transition calls for experimentation. • We explore and test four approaches to experimentation in sustainable eating. • Sustainable eating calls for attentive, speculative experimental research. • Attentiveness to tensions raised by experiments force new questions and solutions. • Reflecting on the practice of experimentation is fundamental to ethical transition. [ABSTRACT FROM AUTHOR]

Abstract The objective of this paper is to carry out a systematic review of the literature on climate justice from the point of view of the capabilities approach. This review had as object of study 53 papers selected in the Web of Science and Scopus databases, and focused on the following dimensions: starting models for the preparation of action plans (Basic Rights, Polluter Pays, and Fair Division), types of actions adopted (adaptation and mitigation), level of adoption (macro and micro) and individual freedoms affected (economic, political, social, transparency guarantees and protective security). The main results and contributions of the study are: a) the Basic Rights model is more frequently used than the other two; b) there is a prevalence of some freedoms when analysed in the context of adaptation and mitigation actions; c) opportunity to apply quantitative methods and mixed methods on climate justice analysis; d) a theoretical framework organization of the concepts related to the link between climate justice and human development, which can help future research on the subject as well as contribute to the cooperation among academics and policy makers post-Paris Agreement. Highlights • Identification of the developed countries as research centers, and leading researchers on climate justice and human development. • Greater frequency of climate adaptation actions and climate justice. • Capabilities approach as an assessment indicator for adaptation and mitigation actions to climate change. • Identification the special role of women and climate justice guarantees. [ABSTRACT FROM AUTHOR]

Economic conditions are typically viewed as having an important influence on environmental policy. In particular, it is widely believed that under adverse economic conditions, electorates and governments prioritize economic growth and jobs over costly ecological restraint. The empirical evidence for this received wisdom, however, remains surprisingly contradictory. We contribute to this debate by studying a case where the odds of the economy-environment trade-off claim holding true should be high: an emerging economy in severe recession, and environmental policy with high short-term costs and long-term benefits. Based on a representative survey (N = 2449) in Brazil, implemented in late 2015/early 2016, we examine how ego- and socio-tropic economic conditions, both perceived and real, affect citizens’ preferences concerning the mitigation of deforestation and climate change. We find no robust evidence for an economy-environment trade-off. The main policy implication is that, from a public opinion perspective, there is considerable room for ambitious environmental policy even under adverse economic conditions. [ABSTRACT FROM AUTHOR]

The Individual Low-carbon Behavior Rewarding System (ILBRS) is a new Chinese environmental policy that aims to guide public participation in sustainable development through applying a range of incentive mechanisms. It is regarded as an important and effective way of reducing carbon emissions in response to climate change. However, knowledge of the influencing factors of support for the ILBRS is still scattered and lacks systematic analysis. This study is one of the first literatures to explore public support for ILBRS through a large sample of longitudinal data relying on psychological theory. Based on the Responsible Environmental Behavior model, we established a mechanism that consists of three levels of factors affecting public support for the ILBRS. These factors involve individual characteristics, individual perception, and willingness of performing other low-carbon behaviors. The results of a longitudinal panel survey at one-year interval with 2,324 valid responses indicated that connectedness to nature, perception that climate change is happening, willingness to sort waste and to use green energy could significantly and positively predict public support for the ILBRS. Based on the findings of this study, we provide practical suggestions for policy makers to further improve the implementation of the ILBRS by raising public awareness of climate change and integrating it with other relevant environmental policies. [ABSTRACT FROM AUTHOR]

Climate change mitigation in urban areas requires a portfolio of policies and practices that are implemented across a range of scales and sectors. The local scale allows the development and implementation of site specific strategies to address climate change in urban areas that have been proven to be more efficient, especially within buildings. But these must be within the wider context of transport and other energy consumption. A unique integrated assessment methodology for the analysis of energy at the neighbourhood scale that considers the key sectors of buildings, transport and outdoor lighting has been developed. The influence of key drivers of energy consumption: land use, technology, infrastructure design, are considered to assess how neighbourhood choices impact upon wider energy usage, such as transport emissions. Applied to a neighbourhood in Italy, results show that building retrofit has the greatest benefit, of up to 60%. However, by transitioning to a mixed land use neighbourhood, growing local employment and improving the transit network, reductions of 80% can be achieved in line with the requirements of the Paris Agreement. The method highlights the importance of taking a multi-sector and multi-scale approach to considering neighbourhood mitigation. [ABSTRACT FROM AUTHOR]

This paper assesses EU nature conservation and EU climate protection policies within the context of their local implementation in Vienna/Austria in order to gain insights into the decision-making process as well as to show the extent of achievements and experienced difficulties. In this connection, this paper also investigates based on published knowledge and the perceptions of stakeholders the awareness of nature conservation measures as climate-change adaptation and possibly ways of improvement. In order to address these issues, additionally to an in-depth literature review, 16 experts working in Vienna in the field of either nature conservation or climate protection were interviewed. The transcriptions of these interviews were then used in a qualitative content analysis. The findings show that the vast majority of the interviewed stakeholders see EU climate policy and nature conservation policy separately. Furthermore, the implementation of EU climate and nature conservation policy in Vienna is indicated as a “learning by doing” process. There the currently limited cooperation between stakeholders can be improved. Our study also finds that the awareness of different stakeholder groups of the possibility to use nature conservation as a measure against climate change is limited. [ABSTRACT FROM AUTHOR]

Carbon emission reduction (CER) comes to be the principle in most countries particularly China, the largest carbon emitter. For finding an efficient solution, the priority is to find the key impact factors (KIFs) of carbon emission. Previous studies for identifying KIFs, which partially selected only a few potential impact factors (PIFs), are inconsistent in their findings. This study aims to explore the KIFs of carbon emission in China among 43 PIFs, which comprehensively covers 30 relevant studies. The KIFs in China are identified using the Stochastic Impacts by Regression on Population, Affluence, and Technology (STIRPAT) model with correlation analysis, partial correlation analysis and stepwise regression. The findings of this study are as follows: (1) China's carbon emission has five KIFs: the real GDP per capita, urbanization rate, ratio of tertiary to secondary industry, ratio of renewable energy, and fixed assets investment; (2) the most significant carbon emission contributor is real GDP per capita and the most significant carbon emission inhibitor is urbanization rate. This study provides the reliable KIFs for governors' targeted decision-making on CER, and policy implications from the identified KIFs are highlighted. [ABSTRACT FROM AUTHOR]

In some coastal cities there is an urgent need to decide on adaptation investments given the long periods needed to complete the relevant infrastructures. However such decisions are usually made under significant uncertainty due to local climate change and socio-economic impacts. The Intergovernmental Panel on Climate Change (IPCC) has developed four global scenarios according to different representative concentration pathways (RCPs); however, using these scenarios directly is equivalent to using incomplete information in the decision-making process because they do not provide information on what sea level rise behavior is most probable. In this study, I propose a model which assigns probabilities to IPCC scenarios with Local Sea Level Rise (LSLR) information. I obtain expected damage and risk measures for the world's 120 major coastal mega-cities at specific moments in time. That is, I consider uncertainty in both scenario selection and within each scenario. With this information it is possible to make adaptation investment decisions under uncertainty with a criterion of not exceeding certain risk levels in the future. The paper shows that in the year 2100 for the equal probability mixed scenario (25% RCP 2.6, 50% RCP 4.5 and 25 RCP 8.5) the expected damage is US$ 1,251,732 millions for New Orleans and US$ 1,196,517 millions for Guangzhou. The risk measurements show that in that year the damage in the 5% of worse cases will be US$ 2,800,756 millions for Guangzhou and US$ 1,832,466 millions for New Orleans. However, not all countries have sufficient resources to make the necessary adaptation investments, so we analyze expected damage and risk according to World Bank country income groups. The paper shows that the USA and China will need to make major adaptation investments in the future. The coastal LSLR risk in lower-income cities is also calculated. [ABSTRACT FROM AUTHOR]

Denial of scientific findings is neither a new nor an unexplored phenomenon. In the area of environmental science and policy though, the research on denial has not been systematically summarized and analyzed. This article reviews 161 scientific articles on environmental and climate science denial published in peer reviewed international journals in the last 25 years and aims to both identify research gaps and enable learning on the phenomenon. Such knowledge is needed for the increasingly important task to provide effective response to science denial, in order to put an end to its influence on environmental policy making. The review, which is based on articles found in the databases Web of Science , Scopus and Philosopher's Index , shows that denial by far is most studied in relation to climate change, with a focus on Anglo-American countries, where this form of denial is most common. Other environmental issues and other geographical areas have received much less scientific attention. While the actors behind climate science denial, their various motives and the characteristics of their operations have been thoroughly described, more comparative research between issues and countries is needed in order to draw reliable conclusions about the factors explaining the peculiarities of denial. This may in turn lay the ground for developing and actually testing the effectiveness and efficiency of strategies to counter environmental science denial. Irrespective of the ambitions of environmental goals, science-based policies are always preferable. The scientific community therefore needs to increase its efforts to dismantle false claims and to disclose the schemes of denialists. [ABSTRACT FROM AUTHOR]

China has the world’s highest levels of carbon dioxide (CO 2 ) emissions, and its adoption of optimal measures to address climate change is extremely important. In this article, we assess the performance of various Chinese policies aimed at addressing climate change in terms of cost effectiveness, cost-benefit efficiency, and their contribution to a reduction in emissions with a new single-region model, DEMETER-CCPE. Our analysis shows that the performance of these Chinese policies strongly depends on the principles and indicators used in the evaluation. When climate-specific cost indicators are considered, the mixed policy performs best in terms of cost reduction. When cost-efficiency indicators are used, a single policy performs better to some extent. From the perspective of evaluating the contribution to emissions reduction, the development of non-fossil-fuel-based energy technologies offers the greatest opportunity for reducing emissions in a mixed-policy scenario. Finally, this article study possible ‘burden’ and ‘free-rider’ scenarios in order to explore the effect of different levels of joint actions between China and the rest of the world (ROW) on a performance evaluation of policies to address climate change. [ABSTRACT FROM AUTHOR]

The issue of policy design into the environmental economic literature is becoming a crucial point especially for the relevance of its implication on international agreements for climate change and for the definition of climate actions against GHGs emissions. The identification of economic drivers accountable for the CO 2 emissions, which represent the major part of GHGs emissions, represents a central topic on literature using Input-Output analysis. The paper proposes a methodological innovation on the study of suitable policy instrument against the raise of CO 2 emissions, which is based on the approach of the Macro Multipliers (MM) that leads with the recognition of the impact of all those industries responsible for CO 2 emissions. From the policy perspective, the relevance of industries responsible for CO 2 emissions is also analysed in this approach in which we introduce the target efficiency index and the control effectiveness index across industries. As part of final demand vector, each commodity has its own relevance, or effectiveness, in pursuing the attainment of the target vector. On the other hand as part of the target vectors, each industry emission has its own efficiency in being conveniently modified by changing the policy control vector. The results deriving from the MM approach demonstrate the possibility to overcome the limits of the linkages analysis. In particular, the set of information deriving from the target efficiency and the control effectiveness indices for industries allows designing environmental policies in a framework where economic aggregates are defined in value and physical units. Using the input-output table, this study investigates the impacts of industries activities on CO 2 emission using the MM approach for the Italian economy. [ABSTRACT FROM AUTHOR]

Using the logarithmic mean Divisia index (LMDI) method, we decomposed factors affecting the national carbon intensity (NCI) in China at a multi-regional level. A comparative analysis of regional contributions in different Five-Year Plan (5YP) periods revealed that the energy structure had inhibitory effects on NCI during the 9th and 10th 5YP periods, but had promoting effects during the 11th and start of the 12th 5YP periods. The energy structure had a strong inhibitory impact in eastern, north-eastern, and northern regions of China, but only a slight impact in central, northern, south-western, and north-western regions. Energy intensity is a major factor and had a strong inhibitory effect on NCI except during the 10th 5YP period. Energy intensity had a strong inhibitory effect in eastern and northern regions, but only a slight impact in north-western and southern regions, especially in Hainan, Ningxia, Xinjiang, and Qinghai provinces. Overall, proportional output in China had a promoting effect on NCI, which indicates regional economic development was not coordinated. The combined effects of regional carbon intensity (RCI) and proportional output determined changes in NCI, and RCI had a strong effect on NCI. Regions with high proportional output and large carbon emissions had a great impact on NCI. The total effect in developed areas such as eastern, northern, and north-eastern regions was strongly inhibitory, while the impact was slight in relatively less developed areas such as northwestern and southern regions. Some policy implications arising from our study results are discussed. [ABSTRACT FROM AUTHOR]

New developments in consumption-based emissions accounting suggest that the reductions claimed by wealthy, environmentally progressive nations have often come at the expense of increased emissions elsewhere – and thus net growth in global GHG concentrations. This paper traces Sweden's attempts to translate growing recognition of displaced emissions into national environmental policy. Drawing on multi-sited ethnographic research and policy analysis in Sweden and China, we argue that while the logical implications of consumption-based analyses point to the need to address production and consumption as an integrated system, complex governance challenges and the political precariousness of these ideas have thus far limited policy to the reinvention of consumer awareness campaigns and an international extension of long-standing ecological efficiency efforts. We argue that consumption-based emissions indicators justify more ambitious demand-side policy response. [ABSTRACT FROM AUTHOR]

This study estimates how carbon price affects diffusion of low carbon technologies using data collected from 60 iron & steel companies in China. The analysis indicates that the industry is familiar with related key energy saving and low carbon technologies and has made much progress in energy saving, but efforts in carbon management need improving. An average payback time threshold of 4.1 years was found as regards decision in invest in technology. The three target technologies were adopted by companies to different extents. Carbon emissions pricing was found to be ineffective in promoting the scale-up or further adoption of economically advantageous technologies such as dry top pressure recovery turbine (Dry TRT) and energy management centre (EMC) technology. A moderate carbon price for sintering waste heat recovery power generation (Sintering WHR), which has adoption potential in China's iron & steel industry, may generate comparatively significant effects for diffusion. This research sheds light on how diffusion of low carbon technologies would be affected and the consequences thereof on climate policy development for the target sector in China. [ABSTRACT FROM AUTHOR]

Uncertainty in economic policies and regulations incentivizes firms to delay investments in environmental research and developments (R&D) or postpone environmental projects that are costly to undo. A consequence of those decisions is that firms innovate less for the environment. Using 1026 U.S. firm data (equivalent to 13,241 firm-year observations) this study shows that a negative effect of policy uncertainty – a drop in environmental innovation – does not surface in the short term but in the longer term, i.e., in 5–6 years' time. The negative effect, nevertheless, dissipates after six years. These findings are of relevance to other developed countries as well as emerging countries that have a relatively higher uncertainty in their economic policies and regulations. In sum, the results call for attention from governments and regulators around the world: uncertainty in policies and regulations are detrimental to combating climate change and promoting environmental sustainability . [ABSTRACT FROM AUTHOR]

The Marginal Abatement Cost (MAC) methodology is widely used in climate change policies. Policy-makers rely on MAC to assess feasible strategies and related costs to achieve emission reduction goals. This paper introduces a variety of MAC methodologies, aiming at solving diverse problems, which utilizes various calculable-logic, thus producing different results and implications. This study applies a mind-mapping method to capture differentiation of MAC methods, and systematically classify MAC methodologies. The applicability path analysis was proposed, based on principles such as stakeholder type, decision-making objectives, cost concept, strategy mode and information scope. Our goal is to assess the applicability of different methodologies, to reduce misuse by policy-makers, and to serve as a guide for subsequent research, which might prompt and lead to the derivation of more consequential results in future studies. The results of this study suggest that the complex method is not always better than the simplified method because policy-makers are required to select the appropriate method according to the type of information needed. It may even be suggested that MAC could be reliable by ranking relative-value of options compared with baseline, rather than focusing on the absolute value of individual measures. [ABSTRACT FROM AUTHOR]

This paper explores the conceptual and practical linkages between climate change governance, diversity of authority and regenerative sustainability. It empirically explains such linkages in the context of adaptive flood risk management in the delta cities of Rotterdam and Hong Kong which are vulnerable to the impacts of climate change. It addresses three questions: 1) if what is being witnessed is a transition to more inclusive, engaging, empowering, place-sensitive modes of urban climate governance gaining authority to deliver climate policy, how should these transitions be conceptualized and analysed ? 2) how do transitions towards collaborative governance and regenerative sustainability and the deployment of authority in these transitions serve manage the risk of flooding in places with different cultural and climatic settings? 3) what do different cases demonstrate in terms of the practical pathways and examples of implementation of regenerative sustainability ? Conceptual and empirical understandings are needed to assess whether these new, flexible forms of governance might ultimately challenge state-centred authority in the policy responses to climate change. This paper reveals that new governance systems are diluting, not supplanting, state authority. [ABSTRACT FROM AUTHOR]

Reducing greenhouse gas (GHG) emissions is an urgent challenge for mankind. However, as aggregate emissions continue to rise, necessary changes in industrial practices are lagging behind. The article addresses this discrepancy by exploring how the issue of GHG reduction is channeled from policy to industry, in one of the more GHG intensive sectors, agriculture. We adopt the translation perspective to analyze and discuss how the climate issue travels between contexts. Our study explores the activities involved as advisors, functioning as translating agents within Swedish agri-policy, inform producers about the issue of GHG reduction. The study sheds new light on the effectiveness of mitigation policy in promoting practice change and illustrates how translation is an analytical framework suitable for studying this within different industries. [ABSTRACT FROM AUTHOR]

Climate change and its social, environmental, economic and ethical consequences are widely recognized as the major set of interconnected problems facing human societies. Its impacts and costs will be large, serious, and unevenly spread, globally for decades. The main factor causing climate change and global warming is the increase of global carbon emissions produced by human activities such as deforestation and burning of fossil fuels. In this special volume, the articles mainly focus on investigations of technical innovations and policy interventions for improved energy efficiency and carbon emissions reduction in a wide diversity of industrial, construction and agricultural sectors at different scales, from the smallest scales (firm or household), cities, regional, to national and global scales. Some articles in this special volume assess alternative carbon emissions reduction approaches, such as carbon capture and storage and geoengineering schemes. Given the high cost and internal/external uncertainties of carbon capture and storage and risks and side effects of various geoengineering schemes, improved energy efficiency and widespread implementation of low fossil-carbon renewable-energy based systems are clearly the most direct and effective approaches to reduce carbon emissions. This means that we have to radically transform our societal metabolism towards low/no fossil-carbon economies. However, design and implementation of low/no fossil-carbon production will require fundamental changes in the design, production and use of products and these needed changes are evolving but much more needs to be done. Additionally, the design and timing of suitable climate policy interventions, such as various carbon taxation/trading schemes, must be integral in facilitating the development of low fossil carbon products and accelerating the transition to post-fossil carbon societies. [ABSTRACT FROM AUTHOR]

Abstract: Climate change is often referred to as the next major force shaping the business environment in which companies operate. This study aims at contributing to the needs of businesses for quicker and cost-efficient ways to strategically plan for the future uncertainty of climate change. When structuring the intertextual field around the underlying study, there are two main fields of contribution: (1) the systematical approach to the complex uncertainty related to climate change and its communication from a strategic perspective; and (2) developing novel approaches to life-cycle-based methodologies. The study includes the life-cycle perspective through a new, simplified method of representing product-related climate information in the form of an improved SWOT (i.e. Climate SWOT). We approach the climate-related structural change of the business environment by addressing questions of how usable the Climate SWOT is in building climate strategies; whether or not it raises awareness of the life-cycle perspective and climate change strategies and if it is able to produce strategic or operational changes in the pilot organizations. The focus of this research is therefore not the introduction of the tool itself, but rather the evaluation of the tool, as perceived by the users. Data were collected via surveys targeted at two principal focus groups: users of the tool (analysts), in May 2011; and users of the results (decision-makers), in September 2011. The results were positive in terms that the tool was implemented and seen as useful; it raised awareness both about climate issues and the life-cycle perspective and helped in communicating product-specific strategies to a wider audience; and it facilitated concrete changes. The findings resulted in further refinement of the tool to improve its usability. All in all, the Climate SWOT was indeed seen as helpful in structuring the situation around climate change and to develop strategies. In terms of raising awareness, a significant behavioral trigger, the Climate SWOT was perceived by the respondents to offer a concrete tool to become aware of climate change, in order to relate their activities to the phenomenon and incorporate its opportunities and threats into long-term strategic planning. The second survey was able to confirm that concrete operative or strategic changes had occurred in 50% of the cases. [Copyright &y& Elsevier]

Abstract: The growing cities in developing Asia require a massive provision of infrastructure, public transportation, housing and jobs for their population, as well as a healthy environment. On the other hand, urban Asia contributes increasingly to climate change, and suffers its impacts. The climate co-benefits approach in this paper refers to the development and implementation of policies and strategies that simultaneously contribute to addressing climate change and solving local environmental problems, which also have other development impacts. The co-benefits approach is important especially for developing countries, which have to overcome many challenges simultaneously with limited capacities and resources. Thus, the objective of this paper is to examine the main obstacles, opportunities and challenges to implementation of environmental co-benefit related policies in urban areas. The paper focuses primarily upon sub-national processes, particularly in cities in developing countries, but the research also looked into the links of sub-national processes to national and international processes. The paper relies on the results of research done in China, Indonesia and India. It offers a series of lessons for understanding initiatives that generated co-benefits and the factors that influence them. This paper provides insight on successful ways to promote, design and implement the urban co-benefits approach in urban areas. [Copyright &y& Elsevier]

Climate change, natural resource depletion and waste problems reveal the importance of natural resource saving. Resource-saving behaviour is necessary in order to enhance energy and water efficiency. By applying various theories of pro-environmental behaviour, researchers have recommended the main tools, such as financial, social and informational for the promotion of this behaviour. However, none of those works explored the impact of the proposed tools on the resource-saving behaviour. Therefore, this study showed the most effective tools, which can be regarded as the most important for policymakers. Furthermore, considering statements about the current level in respect of these tools, the aim of this study was to analyse the influence of declared financial, social and informational tools and real situations on resource-saving behaviour. Using data of the survey performed in Lithuania at the beginning of 2020, and by applying a new theory defined as "Assumptions and reflections of real situations", the results revealed that according to citizens' opinion, only the informational tool significantly determined the resource-saving behaviour. Social and financial tools had insignificant impact on this behaviour. However, the current level in respect of social and informational tools significantly affected resource-saving behaviour. Considering the financial tool, the results showed that only the money-saving aspect significantly determined resource-saving behaviour. A high price of resources did not motivate people to save natural resources. Therefore, this paper provided practical insights how effectively promote the resource-saving behaviour. [ABSTRACT FROM AUTHOR]

Abstract: Carbon accounting has evolved rapidly over the past twenty years and now encompasses a wide range of activities with significant financial implications. This paper examines how competence in carbon accounting is being defined and claimed by different actors and communities. Specifically, it focuses on the role of the accountancy profession in carbon accounting, charting its engagement over time and its relationship with other communities involved in carbon accounting. The paper builds on recent work showing that multiple framings and activities are associated with carbon accounting, leading to conflicting views on what it means, how it should be done, and who should be involved. It draws on the concepts of epistemic communities and boundary-work to help explain the role of professions and the emergence of new institutions that mediate between different communities to achieve policy change. We find that, while accountants have undisputed authority in the field of financial reporting of rights and liabilities created under emissions trading schemes (’financial carbon accounting’), their claims to competence in other aspects of organisational carbon accounting overlap with those made by several other communities. Although the accountancy profession’s interest in organisational carbon accounting can be traced back at least as far as 2001, the introduction of emissions trading in Europe in 2005 coincided with the start of a new, as yet largely un-scrutinised, initiative to extend its claims of relevant expertise, through a variety of methods including the promotion of standards for disclosure of physical and strategic climate-related information. The Climate Disclosure Standards Board provides an example of a boundary organisation that has been established by different communities with an interest in carbon accounting, with mutually beneficial results, which has nevertheless resulted in the production of a new Climate Change Reporting Framework that is heavily aligned towards the existing competence of accountancy professionals. [Copyright &y& Elsevier]

Abstract: All member states of the EU have had to develop climate strategies following the commitment to the UN Framework Convention on Climate Change and the Kyoto Protocol. The evolution of the strategies provides insights into the learning that takes place at the level of policy development and offers material for analysing how ex ante and ex post evaluations have contributed to this learning. In the analysis, Finland is used as a case demonstrating different levels and types of learning, from deeper reframing to political learning. The results show that the full potential of the evaluations has not been utilised, partly because they have been constrained by their mandate. Greater openness and transparency in the policy processes would create favourable conditions for independent evaluations that could provide additional input to the policy processes. This would support social and reflexive learning and allow for greater adaptability. [Copyright &y& Elsevier]

Abstract: This special issue of the Journal of Cleaner Production focuses on “Energy for Sustainable Future”. It is designed to mirror the increasing relevance of renewable energy sources and improved efficiency as crucial topics for practitioners in industry, for governmental policy makers, as well as for civic service providers, researchers, and educators. The purpose of this special issue is to serve as a catalyst for dialogue. The global warming related to CO2 emissions, coupled with steeply rising energy prices and the recent global financial institutional melt-down are causing massive societal concerns and give rise to increasing demand for ways to improve societal and individual energy efficiency and for ways to shift increasingly to alternative, low or non-carbon based energy systems. Until recently, industrial energy efficiency improvements have focused on improvements on efficiency rather than on the integration of renewable sources. The aim of this special issue is the identification of policies to support the development and implementation of technologies and management approaches we can employ to make the transition to more sustainable societies. The collection of papers in this special issue provide a foundation for students, researchers, scholars, practitioners and policy makers interested in making sustainable development more than a metaphor. The papers include focus upon ways for: [(a)] Improving industrial process to achieve improvements in energy efficiency. [(b)] Minimising waste disposals and reducing their impact through better management. [(c)] Reducing CO2 emissions by making progress toward lower carbon, renewable energy based systems, [(d)] Improving production of biofuels and hydrogen production systems, facilitated by employing cleaner production and novel LCA tools. [(e)] Improving integration of advanced materials and energy efficient equipment in different industrial sectors. Current and future developments in national and world economies are closely connected to sustainable, efficient and safe usage of raw materials and upon energy based on cleaner production concepts and approaches that are ecologically and economically appropriate for the short and for the long-term future of society. These challenges have received considerable attention in the media and scientific journals over the last several years. The idea of developing a specialised conference focussed upon them was put forward on various occasions. Focus upon them became reality on the 5th and 6th May 2008 in the historic Castle of Veszprém, Hungary, the current premises of the Hungarian Academy of Science which hosted the Workshop. The Workshop was a stimulating event and an overwhelming success, with nearly 100 contributors from Africa, North America, Asia and Europe, representing 28 countries. After a comprehensive selection and thorough reviewing procedure 11 papers were selected for this special issue. [Copyright &y& Elsevier]

Environmental policies are a significant driver of change towards the achievement of sustainability. Policies impact on the environment through direct and indirect effects. Indirect effects pertain to the effect of innovation and invention mechanisms. The paper analyses those direct and indirect effects by focusing on different measures of environmental productivity. Econometric analysis on a long macroeconomic panel dataset is used to convey original insights, and as a platform for policy assessments. Results show that environmental policies adopted by countries may boost environmental productivity performances both directly and indirectly, through innovation, across various environmental dimensions. The increasing stringency of environmental policy, which has been observed over the last decades, is a crucial driver of change for climate actions, waste and resource efficiency, touching upon various SDGs related to responsible consumption and production, economic growth, industry and innovation infrastructures and climate action. [ABSTRACT FROM AUTHOR]

Ensuring policy coherence across environmental, social and economic goals is a key challenge to sustainable development. The United Nations Sustainable Development Goals (SDGs) and their constituent targets and indicators provide a framework to track progress of the multiple dimensions that characterise sustainability. Though the SDGs are all expressly equally important, they vary in complexity, the level of agreement on key concepts and definitions, representativeness of indicators, and availability of data. Here, by analysing quantitatively the implementation of the SDGs in the European Union, we show that the environmental goals are by some distance the most complex and least coherent of the SDGs. We highlight the need to improve data availability and prioritise both monitoring and strengthening of coherence within and among biodiversity and climate SDGs in particular. Our findings inform critical areas for financing sustainable development and provide solutions for designing post-2030 Agendas with improved potential for achieving policy coherence. [ABSTRACT FROM AUTHOR]

Threats posed by global climate change have heightened the urgency for economies to transition to sustainability. However, quantitative metrics that measure sustainability status remain under development, hampered in part by the difficulty of identifying clear relationships between economic growth and sustainability. The Environmental Kuznets Curve hypothesis provides a framework for describing sustainability status relative to socioeconomic development. In this study, the Environmental Kuznets Curve hypothesis was adopted to investigate statistical relationships between the carbon intensity of human well-being (as an indicator of sustainability) and economic development in eight economic zones of China during 1997–2015. The results provide new evidence that seven of eight Chinese economic zones began advances to sustainability (defined here as downward turning points marked by inverted "N" shapes in the Environmental Kuznets Curve) between 2012 and 2015. The lone exception was the Northwestern economic zone, in which an approach to sustainability had not yet occurred by 2015. This study thus supports the contention that environmental policies and technologies have contributed to improving sustainability in terms of carbon intensity. The results suggest two strategic options for further increasing sustainability in China: 1) "first help the weakest"; and 2) "first help the latest to sustainability". • Advance to sustainability defined in terms of carbon intensity of human well-being. • Almost all economic zones in China began advances to sustainability around 2013. • Only the Northwestern economic zone had yet to reach a turning point by 2015. • Assessment shows progress toward international obligations and national objectives. • Both environmental policies and technological advances have contributed. [ABSTRACT FROM AUTHOR]

Nature-based adaptation planning is a challenging endeavor, not least because it requires transdisciplinary approaches to unite different actors' efforts and capacities. However, empirical knowledge on associated governance processes is scarce and fragmented. Against this background, this paper examines the integration of nature-based approaches for climate change adaptation into municipalities' daily planning practices and associated governance. A city-to-city learning lab was established to systematically analyze selected urban development projects step-by-step, from the initial idea, to comprehensive and detailed planning, procurement, implementation, maintenance and follow-up. The results show the numerous constraints municipal staff face and how they use targeted strategies to overcome them and tap into existing drivers. We identify five, complementary strategies: i) targeted stakeholder collaboration; ii) strategic citizen involvement; iii) outsourcing; iv) the alteration of internal working structures; and v) concealed science–policy integration. Importantly, these strategies reveal an increasing need for relational approaches that, in turn, require individuals to develop the cognitive/emotional capacity to establish trust, communicate inclusively and promote social learning, while at the same time dealing with an increasingly complex and uncertain working environment. We conclude that tapping into the potential of nature-based solutions for climate adaptation governance requires more financial and human resources, and capacity development to support personal development, systematic mainstreaming and, ultimately, more sustainable development. • Nature-based solutions for climate adaptation face many implementation barriers. • Champions manage to overcome existing barriers through a set of targeted strategies. • Strategies reveal an increasing need for relational approaches. • They require increased support for cognitive/emotional capacities. • These are needed to establish trust, inclusive communication and social learning. [ABSTRACT FROM AUTHOR]

Effectively addressing the impact of aviation on climate change may prove a major challenge for policymakers. Τhe European Union Emissions Trading Scheme (EU ETS) is one of the main instruments used to reach the statutory reduction of greenhouse gas emissions. This paper examines policy issues regarding the implementation of the EU ETS in aviation. A two-round Delphi study was undertaken based on a sample of 31 experts from Airlines and the International Air Transport Association; Air Navigation Service Providers; Civil Aviation Authorities; Government Institutions; and informed individuals (consultants and academics). The different allocation methods of allowances; the linking of EU ETS to similar schemes in other counties/continents; and the interconnection of the scheme with related environmental policies in Europe are found to significantly affect the efficiency of the EU ETS. Simpler monitoring, reporting and verification processes; streamlining and increased transparency of the auctions and penalties revenue policy; and achievement of balance in the allowance market are recommended to rectify caveats of the EU ETS from a policy perspective. • The inclusion of aviation in the EU Emissions Trading Scheme (EU ETS) has not realised its full potential so far. • Issues of concern are the: allowance allocation; implementation process; Monitoring, Reporting and Verification mechanism. • The linking of EU ETS to other emission schemes is feasible if grounded on factors identified in the paper. [ABSTRACT FROM AUTHOR]