15 results
Search Results
2. The Impact of Climate Change on India-Russia Relations
- Author
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Uma Purushothaman and Reinhart Philip
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india-russia ,climate change ,arctic ,development ,global powers ,emitters ,unfccc ,kyoto protocol ,energy ,International relations ,JZ2-6530 - Abstract
This study explores the implications of climate change for the bilateral relationship between India and Russia. While current research primarily focuses on the strategic aspects of their relationship, little attention has been given to the factors that could shape its future. Climate change has significant economic and social impacts on both countries, raising questions about how it will affect their relations. This paper examines the potential effects on livelihoods, agriculture, and trade, and investigates whether India and Russia can find areas of cooperation despite their differing roles as fossil fuel exporters and consumers.Despite their reliance on Western technology transfer, India and Russia have the opportunity to collaborate and develop new technologies together. The study highlights the potential for joint efforts in renewable energy, such as wind and solar power, to reduce dependence on fossil fuels. It also explores collaboration in biofuel production using Russia's biomass resources.Disaster risk management and information sharing emerge as additional areas of potential cooperation in the face of climate change. Collaboration in these areas can enhance preparedness and response mechanisms, strengthening overall resilience.The study also considers the Northern Sea Route (NSR) as a potential collaboration opportunity. As the Arctic ice melts, the NSR offers a viable trade route between Russia's European and Far Eastern regions. India has shown interest in contributing to its development, which could reduce shipping losses and emissions in transporting liquefied natural gas (LNG) from Russia.In conclusion, the paper emphasizes the need for adaptation and adjustment in the bilateral relationship to address climate change challenges. It underscores the importance of scientific collaboration, exploring joint initiatives, and developing sustainable solutions to mitigate the impacts of climate change while strengthening the longstanding India-Russia partnership.
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- 2023
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3. A review of Global Carbon Markets from Kyoto to Paris and beyond: the persistent failure of implementation.
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Asadnabizadeh, Majid and Moe, Espen
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PARIS Agreement (2016) ,EXPORT marketing ,UNITED Nations Framework Convention on Climate Change (1992). Protocols, etc., 1997 December 11 ,INTERDISCIPLINARY research ,CARBON nanofibers ,NEGOTIATION - Abstract
This review article provides a comprehensive multidisciplinary and in-depth analysis of how the idea of Global Carbon Markets (GCM) has evolved from the Kyoto Protocol to the Paris Agreement and the post-Paris Agreement period (2015-2022) and why no real consensus has been reached after 25 years of negotiations, based on the categorisation of different arguments from different authors. We apply a semi-systematic review to 32 scientific articles, special reports, and relevant websites to analyse the failure in reaching international consensus on GCM. We apply three dichotomies, market vs. non-market-based approaches, top-down vs. bottom-up and national vs. international level. There are two striking findings. First (out of the articles that can easily be placed along all three dichotomies), there is an overwhelming majority of articles combining market-based, top-down, and international level explanations. This is however countered by a second finding, namely, that there is also a clear historical trend which is unlikely to change away from top-down and towards bottom-up approaches since the Paris agreement, combined with a movement towards more non-market-based and national approaches. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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4. The default methods in the 2019 Refinement drastically reduce estimates of global carbon sinks of harvested wood products.
- Author
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Kayo, Chihiro, Kalt, Gerald, Tsunetsugu, Yuko, Hashimoto, Seiji, Komata, Hirotaka, Noda, Ryu, and Oka, Hiroyasu
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DEFAULT (Finance) ,WOOD products ,UNITED Nations Framework Convention on Climate Change (1992). Protocols, etc., 1997 December 11 ,GREENHOUSE gases ,NATIONAL income accounting ,NATIONAL account systems - Abstract
Background: The stock dynamics of harvested wood products (HWPs) are a relevant component of anthropogenic carbon cycles. Generally, HWP stock increases are treated as carbon removals from the atmosphere, while stock decreases are considered emissions. Among the different approaches suggested by the Intergovernmental Panel on Climate Change (IPCC) for accounting HWPs in national greenhouse gas inventories, the production approach has been established as the common approach under the Kyoto Protocol and Paris Agreement. However, the 24th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change decided that alternative approaches can also be used. The IPCC has published guidelines for estimating HWP carbon stocks and default parameters for the various approaches in the 2006 Guidelines, 2013 Guidance, and 2019 Refinement. Although there are significant differences among the default methods in the three IPCC guidelines, no studies have systematically quantified or compared the results from the different guidelines on a global scale. This study quantifies the HWP stock dynamics and corresponding carbon removals/emissions under each approach based on the default methods presented in each guideline for 235 individual countries/regions. Results: We identified relatively good consistency in carbon stocks/removals between the stock-change and the atmospheric flow approaches at a global level. Under both approaches, the methodological and parameter updates in the 2019 Refinement (e.g., considered HWPs, starting year for carbon stocks, and conversion factors) resulted in one-third reduction in carbon removals compared to the 2006 Guidelines. The production approach leads to a systematic underestimation of global carbon stocks and removals because it confines accounting to products derived from domestic harvests and uses the share of domestic feedstock for accounting. The 2013 Guidance and the 2019 Refinement reduce the estimated global carbon removals under the production approach by 15% and 45% (2018), respectively, compared to the 2006 Guidelines. Conclusions: Gradual refinements in the IPCC default methods have a considerably higher impact on global estimates of HWP carbon stocks and removals than the differences in accounting approaches. The methodological improvements in the 2019 Refinement halve the global HWP carbon removals estimated in the former version, the 2006 Guidelines. [ABSTRACT FROM AUTHOR]
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- 2021
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5. Global Impacts of Climate Policy and Trade Agreements on Greenhouse Gas Emissions.
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Balogh, Jeremiás Máté and Mizik, Tamás
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GREENHOUSE gases ,COMMERCIAL treaties ,TREATIES ,COMMERCIAL policy ,GOVERNMENT policy on climate change - Abstract
To limit increasing air pollution and fossil- energy production, several environmental and climate agreements have been established globally. In addition, trade agreements could also serve to achieve climate-mitigation goals, through a trade policy with environmental regulation. By removing tariffs and harmonizing standards on environmentally friendly products and eliminating distortionary subsidies on fossil-energy production, climate change can be mitigated. The objective of the research is to explore the effects of economic growth, international trade agreements and climate conventions on greenhouse gas emissions between 1990 and 2019, at the global level. As an econometric method, an air-pollution function is estimated by panel-regression models. The results confirm that global climate agreements have a significant, but only small, mitigating impact on global greenhouse-gas emissions. The results supported the inverted-U-shaped environmental Kuznets curve. In contrast, the environmental impacts of free-trade agreements had ambiguous results on emissions, as the members of the World Trade Organization contributed to the decrease in air pollution, while countries that signed the regional trade agreements were unable to limit emissions. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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6. High-dimensional CoVaR risk spillover network from oil market to global stock markets—Lessons from the Kyoto Protocol
- Author
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Jiliang Sheng, Juchao Li, Jun Yang, Yufan Wang, and Jiayu Li
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Kyoto Protocol ,risk spillover ,crude oil market ,time-varying copula-CoVaR model ,generalized variance decomposition ,Environmental sciences ,GE1-350 - Abstract
This paper explores the impact of the Kyoto Protocol by investigating the correlation and risk spillover between the crude oil market and the stock markets of 28 countries during its two commitment periods. Besides time-varying Copula-CoVaR models, the Adaptive Lasso-VAR model with oracle properties is employed in generalized variance decomposition, and a risk connectedness network is constructed to explore risk spillovers between the stock markets of various countries when the crude oil market is at risk. The results reveal positive correlations between the crude oil market and stock markets, which become weaker in the second commitment period than in the first. The crude oil market has both upside and downside spillover effects to most stock markets during both commitment periods, and the upside risk spillover effect is stronger than the downside effect. Overall, most non-signatories of the Kyoto Protocol are net receivers of risk spillovers when the crude oil market is at risk, while most signatories are net exporters of risk spillovers.
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- 2023
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7. International and national policy responses to combating global warming and climate change in Nigeria.
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Gasu, Martin, Gasu, Gideon, Olanrewaju, Samson, and Yakubu, Samuel
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CLIMATE change ,CLIMATE change mitigation ,GOVERNMENT policy ,PETROLEUM prospecting ,NATURAL gas prospecting - Abstract
Copyright of Town & Regional Planning is the property of University of the Free State and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2022
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8. Do Environmental Policies Affect MNEs' Foreign Subsidiary Investments? An Empirical Investigation.
- Author
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Zilja, Flladina, Adarkwah, Gilbert Kofi, and Sabel, Christopher Albert
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FOREIGN subsidiaries ,ENVIRONMENTAL policy ,EMISSIONS (Air pollution) ,FOREIGN investments ,UNITED Nations Framework Convention on Climate Change (1992). Protocols, etc., 1997 December 11 - Abstract
We build on institutional theory to examine the impact of countries' environmental policies on MNEs' foreign subsidiary investments. We extend prior IB research that finds both positive and negative associations between environmental policies and MNE investments by showing that the relationship between environmental policy and MNE subsidiary investments is mediated by the effectiveness with which host countries enforce these policies. Specifically, we posit that environmental policies are effective when countries align them with tangible institutional outcomes such as actual reductions in emissions or increases in renewable energy production. This reduces uncertainty by providing a reliable and efficient framework for economic transactions. We test our arguments on a sample of 882 public US firms and their subsidiaries in 102 countries from 2000 to 2015, in conjunction with the Kyoto Protocol. We find that ratifying the Kyoto Protocol is associated with reductions in countries' emission levels and increased reliance on renewables. Further, increased reliance on renewables positively mediates the relationship between the ratification of the Kyoto Protocol and MNEs foreign subsidiary investments. For host countries, this relationship is stronger when there are greater improvements in institutions' quality. For MNEs, this relation is weaker for those MNEs associated with higher pollution. We find no such relationships for greenhouse gas emissions. Our findings contribute to the growing IB literature on environmental sustainability by highlighting the importance of effective institutions and their interaction with country- and firm-level heterogeneities. [ABSTRACT FROM AUTHOR]
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- 2022
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9. IMPLEMENTING THE SUSTAINABLE DEVELOPMENT GOALS IN UKRAINE: FINANCING FRAMEWORK.
- Author
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I., Alieksieiev, A., Mazur, and O., Storozhenko
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CARBON taxes ,UNITED Nations Framework Convention on Climate Change (1992). Protocols, etc., 1997 December 11 ,CARBON emissions ,RENEWABLE energy transition (Government policy) ,SUSTAINABLE development ,RENEWABLE energy sources ,DIALECTIC - Abstract
The article examines the features of sustainable development processes in Ukraine. In particular, the works of scientists on the issues of sustainable transformations of the economy, the problems of establishing a mechanism for the transition to the use of renewable energy sources and reducing carbon dioxide emissions are analyzed. The basic principles of legislative regulation of the processes of sustainable transformation in the context of Ukraine’s integration into the international model of sustainable development according to the UN Framework Convention on Climate Change are studied. The research objective is to study the mechanism of implementation of sustainable transformations in the economy of Ukraine, identification of the main problems of low-carbon strategy establishment in the context of harmonization of international and state legislation and identification of effective mechanisms for financing sustainable development processes. During the research, methods were used, such as: the dialectical method and methods of analysis and synthesis — to carry out a comparative analysis of legislation that regulates the processes of sustainable development, ways to implement a low-carbon strategy, study trends in carbon emissions in Ukraine; statistical method — to analyse the targets for changing the greenhouse gas emissions of Ukraine in 2020—2030 and the proposed target for 2050; structural and logical analysis — to study effective mechanisms of financing the processes of sustainable development in Ukraine, identify the ways of sustainable development projects funding. In general, the article reveals a number of problems that Ukraine faces as a signatory to the Kyoto Protocol. The main tools of the country’s transition to a low-carbon strategy have been identified. The economic mechanisms to ensure the fulfillment of the country’s obligations under the Kyoto Protocol have been studied. Possible ways of financing the processes of sustainable transformation are considered, among which, in particular, we can highlight the scheme of «green» investments. [ABSTRACT FROM AUTHOR]
- Published
- 2021
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10. The asymmetric effect of environmental policy stringency on CO2 emissions in OECD countries
- Author
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Maria-Elena Boatca-Barabas, Claudiu Tiberiu Albulescu, Andra Diaconescu, Centre de Recherche sur l'Intégration Economique et Financière (CRIEF), and Université de Poitiers
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panel quantiles regression ,History ,Pollution haven hypothesis ,Polymers and Plastics ,Natural resource economics ,Health, Toxicology and Mutagenesis ,Air pollution ,environmental Kuznets curve ,medicine.disease_cause ,CO2 emissions ,Eu countries ,Industrial and Manufacturing Engineering ,JEL: F - International Economics ,0502 economics and business ,medicine ,Economics ,Environmental Chemistry ,Environmental policy ,050207 economics ,Business and International Management ,pollution haven hypothesis ,environmental policies ,050208 finance ,05 social sciences ,Oecd countries ,International economics ,General Medicine ,[SHS.ECO]Humanities and Social Sciences/Economics and Finance ,[SDE.ES]Environmental Sciences/Environmental and Society ,Pollution ,13. Climate action ,Greenhouse gas ,JEL: Q - Agricultural and Natural Resource Economics • Environmental and Ecological Economics ,Kyoto Protocol ,Panel data - Abstract
This paper uses a quantile fixed-effect panel data approach to investigate how environmental policy stringency affects CO2 emissions in a set of 32 OECD countries from 1990 to 2015. This approach allows us to identify the asymmetric impact of policy stringency on emissions, considering the emission level recorded in each analysed country. More precisely, we posit that the effectiveness of environmental regulations and policies is influenced by the air pollution level. Our results show that an increase in policy stringency has a negative impact on emissions. As a new contribution, we show that environmental stringency has a more powerful impact in the countries with lower level of carbon emissions. This result is also recorded for the subset of EU member countries of the OECD. Moreover, we show that policy stringency measures only become effective after the implementation of the Kyoto agreement. Finally, the policy stringency effect is stronger for EU countries at high risk of missing the 20-20-20 target in terms of greenhouse gas emissions.JEL codes: Q43, Q56, F21
- Published
- 2022
11. На шляху до декарбонізації світової економіки. Глобальне потепління. Кліматичні конференції ООН
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decarbonization ,енергетична криза ,Кіотський протокол ,UN climate conferences ,парникові гази ,energy crisis ,Kyoto Protocol ,Paris Agreement ,емісія ,global warming ,greenhouse gases ,emission ,паливо ,кліматичні конференції ООН ,екологія ,ecology ,клімат ,Паризька угода ,climate ,fuel ,глобальне потепління ,декарбонізація - Abstract
The paper considers the causes and consequences of climate change on planet Earth. Including global warming and the need to switch to alternative energy sources, as well as the decarbonization of various industries. It is shown that the main causes of global warming are human activities and the use of fossil fuels as energy carriers. The reduction of greenhouse gas emissions is closely related to the problems of changing the structure of the energy sector in almost all countries of the world. Listed are international organizations that deal with climate problems and monitor changes in temperature and the content of greenhouse gases in the atmosphere of the planet. The work of these organizations based on UN climate conferences in the period 1992 to 2022 to develop solutions aimed at the decarbonization of the main industries and, above all, energy is analyzed. It is shown that the Paris Agreement is a key element of the multilateral climate process. It is the first ever legally binding document that unites countries in the pursuit of a common goal of combating and adapting to climate change. At COP-26 in 2021, a climate package was signed, which confirmed the main goal of limiting global warming to only 1.5°C. Many promises have been made regarding the use of new technologies and renewable energy sources, improving the energy efficiency of old equipment. According to scientists' forecasts, climate changes will increase in all regions of the planet in the coming decade. Emissions of greenhouse gases as a result of human activity were and remain the main causes of global warming. However, after the start of the war in Ukraine, much of what most countries previously agreed to became unfeasible. The war changed the political and economic outlook, and global inflation escalated. The energy crisis has arrived. According to IPCC experts, 2022 has become a year of stagnation and a departure from previously chosen positions. It is shown that war can make some countries think about energy self-sufficiency and saving energy resources. These issues were discussed at the climate conference COP-27 in Egypt. Among the issues discussed at COP-27, the main one was the decarbonization of the energy system, В роботі розглянуто причини та наслідки зміни клімату на планеті Земля. У тому числі глобальне потепління та необхідність переходу на альтернативні джерела енергії, а також декарбонізація різних галузей виробництва. Показано, що основними причинами глобального потепління є діяльність людини та використання як енергоносіїв викопних видів палива. Зниження емісії парникових газів тісно пов'язане з проблемами зміни структури енергетики практично всіх країн світу. Перераховані міжнародні організації, які займаються проблемами клімату та моніторингом зміни температури та вмісту в атмосфері планети парникових газів. Проаналізовано роботу цих організацій на базі кліматичних конференцій ООН у період 1992 по 2022 рік щодо вироблення рішень, спрямованих на декарбонізацію основних галузей виробництва та насамперед енергетики. Показано, що Паризька угода – ключовий елемент багатостороннього кліматичного процесу. Це перший в історії юридично обов'язковий документ, який об'єднує країни у прагненні досягти спільної мети щодо боротьби зі зміною клімату та адаптації до нього. На СОР-26 у 2021 року було підписано кліматичний пакет, у якому підтверджено головну мету – стримати глобальне потепління лише на рівні 1,5°C. Було дано багато обіцянок щодо використання нових технологій та відновлюваних джерел енергії, підвищення енергоефективності старого обладнання. За прогнозами вчених у найближче десятиліття кліматичні зміни наростатимуть у всіх регіонах планети. Викиди парникових газів у результаті діяльності людства були і залишаються основними причинами глобального потепління. Однак після початку війни в Україні багато з того, на що раніше погоджувалися більшість країн, стало нездійсненно. Війна змінила політичні та економічні перспективи, загострилася світова інфляція. Настала енергетична криза. На думку експертів IPCC, 2022 став роком застою і відходу від раніше обраних позицій. Показано, що війна може змусити деякі країни задуматися про енергетичну самодостатність та економію енергетичних ресурсів. Ці питання обговорювалися на кліматичній конференції СОР-27 у Єгипті. Серед розглянутих на СОР-27 питань головною стала декарбонізація енергосистеми
- Published
- 2022
- Full Text
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12. The Impact of CO2 Emissions on the GDP per Capita, Employment Rate and Energy Consumption of China, Korea and Japan
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Pauline Antonette D. Soriano, Kirby Duane Garret T. Reyes, Allieah A. Mendoza, and Ronaldo R. Cabauatan
- Subjects
Variables ,Cointegration ,Kuznets curve ,media_common.quotation_subject ,Per capita ,Economics ,Kyoto Protocol ,East Asia ,Energy consumption ,China ,Agricultural economics ,media_common - Abstract
This paper aims to investigate the relationship between CO2 Emissions and GDP per capita of three East Asian countries (China, Japan, and South Korea). The Environmental Kuznets Curve hypothesis and its possible implications to the implementation of the Kyoto Protocol Agreement will be tested. The independent variables Employment and Energy consumption will be used as control variables. Multiple regression analysis and cointegration tests will be used on time series data of Japan, Korea, and China that is obtained from the World Bank database. GDP per capita is measured in constant 2010 US$, CO2 emission in kt, Employment in the ratio of total employment to total population aged 15 and above, and Energy Consumption in annual kWh per capita.
- Published
- 2021
13. Measures to reduce CO2 emissions in EU transport
- Author
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Crnoja, Ivana, Ofak, Lana, Staničić, Frane, and Held, Mateja
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air ,transport ,Kyoto Protocol ,European Union ,Paris Agreement ,Keywords: CO2 emissions ,climate - Abstract
Ovaj rad bavi se analizom mjera za smanjenje emisija CO2 iz prometa Europske unije. Prometni sektor je jedini sektor u kojem emisije CO2 imaju tendenciju rasta. Mjere su razmotrene za sve vrste prometa posebno (cestovni promet, zračni promet, željeznički promet, pomorski promet te promet unutarnjim vodama). Izneseni su ciljevi Europske unije u vidu zaštite zraka i klimatskih promjena. Pozornost je posvećena i pravnim instrumentima uređenja klimatskih promjena na međunarodnoj razini, kao i u zakonodavstvu Europske unije., This paper deals with the analysis of measures to reduce CO2 emissions from EU transport. The transport sector is the only sector where CO2 emissions tend to rise. Measures have been considered for all types of transport (road transport, air transport, rail transport, maritime transport and inland water transport). The objectives of the European Union in the form of air protection and climate change have been outlined. Attention has also been paid to the legal instruments of climate change regulation at international level, as well as to the EU legislation.
- Published
- 2022
14. Lurking in the shadows: The impact of CO2 emissions target setting on carbon pricing in the Kyoto agreement period
- Author
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Barry Quinn, Ronan Gallagher, and Timo Kuosmanen
- Subjects
convex quantile regression ,Economics and Econometrics ,General Energy ,climate finance ,environmental efficiency ,Kyoto protocol ,sustainable finance ,carbon emissions target setting ,development economics ,marginal abatement costs - Abstract
This paper is a case study of the impact of CO2 emissions target setting. We empirically investigate the targets set during the Kyoto Protocol period using a convex nonparametric least squares system, quantile regressions, and a comprehensive data set of 125 countries. Our findings reveal CO2 marginal abatement costs, which: (1) are significantly higher for target setting countries; (2) increase over the sample period; (3) and are an order of magnitude greater than the prevailing emissions pricing mechanisms. The results provide insights into the consequences of policies to curb unwanted by-products in a regulated system and shed light on the price efficiency of carbon markets. Furthermore, we contribute to the debate on emission reduction standard-setting and highlight the importance of shadow price estimates when regulating market instabilities in an emission trading scheme.
- Published
- 2023
15. Havayı Kirletme Hakkı Satın Alınabilir mi?: İslam Hukuku’nda Çevrenin Korunması Perspektifinden Kyoto Protokolü
- Author
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Feyza Cevherli and Zeyneb Hafsa Orhan
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Mülkiyet hakkı ,Islamic law ,Hava kirliliği ,Air pollution ,Right of ownership ,Emisyon ticareti ,Kyoto Protocol ,İslam hukuku ,Emissions trading ,Kyoto Protokolü - Abstract
Bu çalışma İkam Working Paper serisindeki "Havayı Kı̇rletme Hakkının Mülkı̇yetı̇ ve Satın Alımı: İslam Hukuku’nda Çevrenı̇n Korunması Perspektı̇fı̇nden Kyoto Protokolü" başlıklı çalışmanın genişletilmiş halidir. Çevre, canlı ve cansız varlıkların içinde yaşadığı ve birbirleriyle ilişki içerisinde oldukları alandır. İnsanlar ve ilişki içerisinde oldukları her şey çevre kapsamında kabul edildiğinden çevrenin korunması tüm canlılar için önem arz etmektedir. İslam’da her şey bir denge üzerine kuruludur. Bu nedenle bireyler bu dengeyi tahrip etmemeli, korumak için çaba göstermelilerdir. Bu çalışma, çevre kirliliğinin bir türü olan hava kirliliği meselesini ele almaktadır. Hava kirliliği, canlıların yaşamını olduğu kadar çevreyi de olumsuz etkilemektedir. Günümüzde çevre konusu bağlamında küresel ısınma ve iklim değişikliği gibi problemlerin çözümüne yönelik birçok teşebbüsün olduğu bilinmektedir. Çalışmanın hareket noktasını oluşturan Kyoto Protokolü çevre problemlerinin çözümü için atılan adımlardan biridir. İslam Hukuku’ndaki mülkiyet anlayışı çerçevesinde Kyoto Protokolü’nde bulunan “emisyon ticareti” meselesini ele alan bu çalışma, protokolün sonuçları doğrultusunda çevre konusunda yapılması gerekenlere dair önerilere yer vermektedir. Bu önerilerden en önemlileri bireyler bazında sorumluluk anlayışının geliştirilmesi, kurumlar bazında ise yasal düzenlemeler yapılmasının gerekliliğidir An environment is an area where living and non-living things live and are in contact with each other. Since people and everything they are in contact with are considered within the context of the environment, the protection of the environment is significant for all living things. Everything in Islam is based on a balance. For this reason, individuals should not destroy this balance. However, they should make an effort to protect it. Our study deals with the issue of air pollution, which is a type of environmental pollution. Air pollution negatively affects the environment as well as the life of living things. Today, it is known that there are many attempts to solve environmental problems such as global warming and climate change. The Kyoto Protocol, which constitutes the starting point of our study, is one of the steps taken to solve environmental problems. This study, which deals with the “emissions trading” issue in the Kyoto Protocol within the framework of the right of ownership in Islamic Law, gives place to suggestions on what should be done about the environment in line with the results of the protocol. Some of these suggestions are that the understanding of responsibility should be developed on the basis of individuals and legal regulations should be made on the basis of institutions.
- Published
- 2021
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