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The UN's Net Zero goal is to limit the rise in mean global temperatures to 1.5°C by 2050. They suggested that it could be achieved by reducing global emissions by 45 percent by 2030 and then to zero by 2050. This book is a new stress test in applied econometric analysis of oil-producing countries. It includes a positive economic analysis using a sample of 11 OPEC (Organization of Petroleum Exporting Countries) nations from 1970 to 2019; and presents an empirical analysis of OPEC's operating model – the state-owned oil monopoly, hence its dilemma. The book estimates a production function for every OPEC nation and then uses counterfactual scenarios to show that OPEC's strategy to peg the price of oil by cutting oil production by more than 45 percent by 2030, results in a reduction of permanent income, which has negative macroeconomic consequences, such as on social welfare losses. The book begins by defining the dilemma, describing the stylized facts of OPEC economies and oil production organizations, their political environments, the dominant features of these economies such as oil rent, productivity; oil dependence, and the long-run and cyclical correlation between oil and output. It provides a microeconomic foundation for the macro analysis by testing the monopoly vs. competition price mechanism. Finally, there is a discussion of the policy options available to OPEC to deal with the UN's Race to Zero. Students, scholars and researchers will benefit from the innovative ideas presented in the book and it will be a useful guide for policymakers and global governance experts.

Climate change is defining structural modifications that affect the economy and the financial system. Within Europe, supervisors and supervised entities are increasingly focusing on the consequences of environmental, social and governance (ESG) risks, as they impact the soundness and stability of the financial system or interfere with the transmission channels of monetary policy and price stability, as well as raising sustainability financing issues.Focusing on climate-related risks within the broader theme of the ESG risks, this book, structured in six chapters, analyzes the evolving overall regulatory framework, the climate risk transmission channels, the peculiarities of climate risk transmission channels with reference to specific business models of financial intermediaries, and the governance and disclosure implications of climate risks. It will be of interest to academics, practitioners, and students in the fields of banking, financial services, sustainability, ESG, andclimate risk.

The attempted cures for climate change are generally worse than the disease—especially for the poor. In this groundbreaking volume, experts in all the fields related to climate change explain for laymen what we know about climate change and evaluate from a Christian perspective the proposed responses.Demands to transform the global energy infrastructure to depend heavily on wind, solar, and other renewables are harmful to people in America and the world–especially to the poor. Meanwhile, continued large-scale use of traditional energy sources like nuclear, hydro, and fossil fuels would reduce poverty while doing less harm to the environment.Climate and Energy: The Case For Realism combines outstanding climate science, physics, economics, environmental science, political science, ethics, and theology to present a well-reasoned understanding of human-induced climate change and how to respond to it.

This monograph is designed to provide a comprehensive and accessible reference to Net Zero efforts globally. Firstly, the book explains the basics of Net Zero, Greenhouse Gas Emissions (GHG), and the global climate change struggle. A chapter on Environmental, Social, and Governance (ESG), as standardisation and screening of sustainability follows. Next comes a chapter on carbon pricing and carbon tax. After these background chapters, the book continues with eight chapters that cover Net Zero across a variety of economic sectors: energy supply, business sector, transport, residential, industrial processes, waste management, public (and government), and agriculture, forestry and land use. These economic sectors are adopted from the Intergovernmental Panel on Climate Change (IPCC) and UK National Statistics. Each chapter includes basic background information, technical or scientific, and a policy section. The sector-based chapters also include sectoral emissions analysis, review, and then a horizon scanning for innovative companies and their business models. This will enable non-experts from the business sector to read and understand the dynamics and trends in other sectors. Similarly, students and fresh graduates will easily follow the chapter (or the industry) that interests them and comprehend the basics and contemporary business trends. By joining research work with the business models of 400 noteworthy and innovative companies, this book constructs a vital bridge between academia, practical reality, policy, and business implementation, with a keen focus on environmental value.

Financial markets play a critical role in climate finance as they are a major source of funding for many of the projects and initiatives aimed at addressing climate change. For instance, banks and investors can provide loans and capital to companies that are developing renewable energy projects, building energy-efficient infrastructure, or implementing climate-smart agricultural practices. Moreover, the importance of climate finance in financial markets goes beyond just funding environmental initiatives. Investors and financial institutions are increasingly factoring in climate risks and opportunities into their decision-making processes, including assessing the financial risks posed by climate change and the potential impact of new regulations and policies aimed at reducing greenhouse gas emissions.This book is a collection of recent developments in climate change and climate finance. As the global community seeks to address the impacts of climate change, financial institutions are being called upon to play a larger role in supporting the transition to a sustainable economy. This includes incorporating climate risks into investment decisions, developing new financial products that support climate-friendly investments, and promoting greater transparency and accountability in the financial sector. The book provides a comprehensive analysis of how climate change is impacting the global financial system and explores the potential solutions that can help address these challenges. The contributions aim to examine the complex interplay between climate change and finance, and the potential for innovative financial instruments and policies to support the transition to a low-carbon economy.

Addressing climate change will entail major challenges for economic growth, employment, inflation, and public finances. Mitigating the impact of global warming will yield benefits and costs that are yet to be quantified and defined for the global economy and for nations, workers, households, and companies. The Green Frontier: Assessing the Economic Implications of Climate Action offers research originally presented at a major conference at the Peterson Institute for International Economics in June 2023 in Washington, DC, organized to shed light on this still unexplored field of study and recommend policies for the future.

A scathing critique of proposals to geoengineer our way out of climate disaster by the bestselling author of How to Blow Up a PipelineIt might soon be far too hot on this planet. What do we do then? In the era of'overshoot,'schemes abound for turning down the heat–not now, but a few decades down the road. We're being told that we can return to liveable temperatures by means of technologies for removing CO2 from the air or blocking incoming sunlight.If they even exist, such technologies are not safe.They come with immense uncertainties and risks. Worse, like magical promises of future redemption, they might provide reasons for continuing to emit in the present. But do they also hold some potentials? In Overshoot two leading climate scholars subject the plans for saving the planet after it's been wrecked to critical study. Carbon dioxide removal is already having effects, as an excuse for continuing business as usual, while geoengineering promises to bail out humanity if the heat reaches critical levels.Both distract from the one urgent task: to slash emissions now. There can be no further delay. The climate revolution is long overdue, and in the end, no technology can absolve us of its tasks.

We have an imperative, as never before, to change our ways. Climate change is presenting the entire human race with its greatest ever existential challenge. Like many I feel a growing sense of looming disaster. Yes, we are making some progress, but past agreements are not delivering. In this book I put a case for a new form of principled capitalism based on moral principles rather than utility and profit. I propose ten pillars that include systems thinking as citizens of the world and embracing Modern Monetary theory to guide decisions about macroeconomics and national debt.

“An important read for anyone in need of optimism about our ability to build a clean energy future.”—BILL GATES“Illuminating, incisive, and deeply reported.”—DAVID WALLACE-WELLS, New York Times-bestselling author of The Uninhabitable EarthOur age will be defined by the climate emergency. Contrary to the doomist narrative that's taken hold about the climate emergency, the world has already begun deploying the solutions needed to deal with it. On a journey across five continents, Climate Capitalism tracks the unlikely heroes driving the fight against climate change. From the Chinese bureaucrat who did more to make electric cars a reality than Elon Musk, to the Danish students who helped to build the world's longest-operating wind turbine, or the American oil executive building the technology that can reverse climate damages, we meet the people working to scale technologies that are finally able to bend the emissions curve.Through stories that bring people, policy and technology together, Akshat Rathi reveals how the green economy is not only possible, but profitable. This inspiring blend of business, science, and history provides the framework for ensuring that future generations can live in prosperity and that the wheels of progress don't falter.

This proposed book aims to present an analysis of several crisis issues induced by global climate changes and implications at the micro-level, particularly from the perspective of ground-based study. Climate crisis leads to several socio-ecological issues which need to discuss with some empirical case studies from the contextual global evidences. Climatic crisis generates several social responses which are associated with mitigating issues in addition to sustainable development goals. Under these circumstances, several loopholes interlinked with climatic crisis need to expose in the present-day context. This book argues that it is important to understand the issues from multiple dimensions. It identifies some important dimensions to discuss in the process. Themes we purpose to cover are: several field-based studies are included for which micro-level field-based data would incorporate to understand current crisis induced by climate change, thus exposing the vulnerabilities of the communities which would be incorporated in different chapters with adequate representation of qualitative methods, modelling-based geospatial approach. Therefore, some secondary data-based studies have also been included to provide a broader picture. Additionally, this book aims to provide an interdisciplinary understanding of the issues mainly from the lenses of Geography, Economics, and Sociology as well as Environmental Studies too. Given the focus of this study, it is believed that an approach that harmonizes the cognitive domain from different discipline is appropriated. A combination of chapters using qualitative as well as quantitative methods also made this book exclusive from others. We believe that this edited book surely contributes the knowledge domain with some relevant chapters'discussion in the contemporary time and leads to reduce the gap of knowledge.

This book presents specific case studies of climate finance in the Arctic and examines how the green revolution could be a game changer in this sensitive region.Bringing together contributions from a range of experts in the field, Climate Change Adaptation and Green Finance assesses the costs of inaction versus the costs of action based on case study examples of climate finance and sustainable investment in the Arctic region. The authors draw on data from the Sixth Assessment Report published by the Intergovernmental Panel on Climate Change and respond with a solutions-based framework. This is developed around the notion of a new, carbon-neutral economy in the Arctic and presents methods for unlocking carbon finance and long-term climate investment in the region, such as finance for Arctic entrepreneurs and resilient sustainable investment structures. This volume also looks at the role of finance in meeting the United Nations Sustainable Development Goals and the ways in which innovation in investment will help shape the future of the Arctic. Climate Change Adaptation and Green Finance will be of great interest to students and scholars of climate change, sustainable finance, and sustainable business.

Political strategies for tackling climate change and other “long problems” that span generationsClimate change and its consequences unfold over many generations. Past emissions affect our climate today, just as our actions shape the climate of tomorrow, while the effects of global warming will last thousands of years. Yet the priorities of the present dominate our climate policy and the politics surrounding it. Even the social science that attempts to frame the problem does not theorize time effectively. In this pathbreaking book, Thomas Hale examines the politics of climate change and other “long problems.” He shows why we find it hard to act before a problem's effects are felt, why our future interests carry little weight in current debates, and why our institutions struggle to balance durability and adaptability. With long-term goals in mind, he outlines strategies for tilting the politics and policies of climate change toward better outcomes.Globalization “widened” political problems across national boundaries and changed our understanding of politics and governance. Hale argues that we must make a similar shift to understand the “lengthening” of problems across time. He describes tools and strategies that can, under certain conditions, allow policymakers to anticipate future needs and risks, make interventions that get ahead of problems, shift time horizons, adapt to changing circumstances, and set forward-looking goals that endure. As the climate changes, politics must, too. Efforts to solve long-term problems—not only climate change but other issues as well, including technology governance and demographic shifts—can also be a catalyst for a broader institutional transformation oriented toward the long term. With Long Problems, Hale offers an essential guide to governing across time.

Climate finance is a complex and rapidly evolving field, with practices and regulations varying widely across countries. This lack of standardization and understanding poses a significant challenge for stakeholders, hindering effective decision-making and impeding progress toward climate goals. Additionally, the sheer breadth of topics within climate finance, from carbon pricing mechanisms to sustainable investments, can overwhelm researchers and practitioners alike, further complicating efforts to address climate change effectively. Modern Concepts and Practices of Climate Finance offers a comprehensive solution to these challenges. Written by distinguished experts in the field, the book thoroughly examines climate finance practices worldwide. It is a valuable resource for academics, researchers, and professionals, offering insights and lessons learned from theory and real-world applications. By offering a structured and in-depth analysis of topics such as carbon offset markets, renewable energy financing, and sustainable investments, this book empowers stakeholders with the knowledge needed to navigate the complexities of this field. It bridges the gap between theory and practice, providing a roadmap for effective climate finance strategies. Whether you are a researcher seeking to understand the latest trends or a practitioner looking for practical solutions, Modern Concepts and Practices of Climate Finance is an essential guide for anyone working in the field of climate finance.

How the subtle but significant consequences of a hotter planet have already begun—from lower test scores to higher crime rates—and how we might tackle them todayIt's hard not to feel anxious about the problem of climate change, especially if we think of it as an impending planetary catastrophe. In Slow Burn, R. Jisung Park encourages us to view climate change through a different lens: one that focuses less on the possibility of mass climate extinction in a theoretical future, and more on the everyday implications of climate change here and now.Drawing on a wealth of new data and cutting-edge economics, Park shows how climate change headlines often miss some of the most important costs. When wildfires blaze, what happens to people downwind of the smoke? When natural disasters destroy buildings and bridges, what happens to educational outcomes? Park explains how climate change operates as the silent accumulation of a thousand tiny conflagrations: imperceptibly elevated health risks spread across billions of people; pennies off the dollar of productivity; fewer opportunities for upward mobility.By investigating how the physical phenomenon of climate change interacts with social and economic institutions, Park illustrates how climate change already affects everyone, and may act as an amplifier of inequality. Wealthier households and corporations may adapt quickly, but, without targeted interventions, less advantaged communities may not.Viewing climate change as a slow and unequal burn comes with an important silver lining. It puts dollars and cents behind the case for aggressive emissions cuts and helps identify concrete steps that can be taken to better manage its adverse effects. We can begin to overcome our climate anxiety, Park shows us, when we begin to tackle these problems locally.

It is impossible to view the news at present without hearing talk of crisis. This timely book looks at how three major crises – the economy, pandemic and climate – are related to the crisis of work, making it more precarious, intense and unequal. Providing an original and critical synthesis of recent trends in the field, expert scholars offer a programme for transcending the crisis of work. Offering a timely contribution to understanding the important issues facing the world, this book presents an important new way of thinking about work in contemporary societies.

A new book from New York Times bestselling author Bruce Piasecki, Wealth and Climate Competitiveness explores how wealth, both private and corporate, can assist the path to climate competitiveness. Many of the central concerns of the twenty-first century—racial inequity, white supremacy movements, greater inclusiveness of diverse peoples—are rooted in facing and overcoming prejudices, both common and hidden. Another great challenge—the role of wealth and innovation in solving the climate crisis—is also riddled with disabling prejudices about how corporations work, and about the rights and needs of consumers and world citizens. In his twenty-first book, Wealth and Climate Competitiveness: The New Narrative on Business and Society, Bruce Piasecki argues that a set of five recurring prejudices, from 1900 to 2020, have held up real progress on climate action. Using the examples of select firms like Trane Technologies, and oil giants like the transforming bp, Piasecki sets out to define climate competitiveness as a path to solutions that decarbonize, decentralize, and digitize our near future. Climate competitiveness involves a responsible, steady, resolve-based focus on lessons derived from human behavior and social movements. By using Robin Hood as a narrative example, this book is designed to give you a deep understanding of the changed landscape we now face, and how you can resolve to embrace climate competitiveness to drive your personal success, and the corporate and institutional success of our world.

Der globale Klimawandel nimmt weiter bedrohlich zu. Hitzewellen, Flutkatastrophen und Waldbrände gehören fast schon zum Alltag. Trotzdem ist die Bereitschaft in der deutschen Bevölkerung gering, selbst einen Beitrag zum Klimaschutz zu leisten. Das überrascht, denn in Umfragen bekennt sich immer eine große Mehrheit zum Klimaschutz. Allerdings haben wohl viele einen Klimaschutz im Kopf, der persönlich nichts kosten und nichts verändern darf. Ingo Balderjahn setzt sich mit diesem Widerspruch aus verhaltenswissenschaftlicher Sicht auseinander und legt offen, warum viele weiterhin ungebremst verschwenderisch und klimaschädlich konsumieren. Andererseits gibt es durchaus Menschen, die deutlich weniger konsumieren, als sie sich finanziell leisten könnten. Diese Minderheit in Deutschland verzichtet freiwillig auf eher unnötige und kurzlebige Güter – ohne irgendetwas dabei zu entbehren. Im Gegenteil: Genügsame Konsumgewohnheiten stärken die persönliche Selbstbestimmung, Unabhängigkeit und Zufriedenheit.

#1 SUNDAY TIMES BESTSELLER • A “fantastic” (Mark Ruffalo), fiercely argued takedown of neoliberalism that not only defines this slippery concept but connects it to the climate crisis, poverty, and fascism—and shows us how to fight back.“Incisive, illuminating, eye-opening—an unsparing anatomy of the great ideological beast stalking our times, often whispered about and yet never so clearly in view.”—David Wallace-Wells, author of The Uninhabitable EarthNeoliberalism is the dominant ideology of our time. It shapes us in countless ways, yet most of us struggle to articulate what it is. Worse, we have been persuaded to accept this extreme creed as a kind of natural law. In Invisible Doctrine, journalist George Monbiot and filmmaker Peter Hutchison shatter this myth. They show how a fringe philosophy in the 1930s—championing competition as the defining feature of humankind—was systematically hijacked by a group of wealthy elites, determined to guard their fortunes and power. Think tanks, corporations, the media, university departments and politicians were all deployed to promote the idea that people are consumers, rather than citizens.One of the most pernicious effects has been to make our various crises—from climate disasters to economic crashes, from the degradation of public services to rampant child poverty—seem unrelated. In fact, they have all been exacerbated by the “invisible doctrine,” which subordinates democracy to the power of money. Monbiot and Hutchison connect the dots—and trace a direct line from neoliberalism to fascism, which preys on people's hopelessness and desperation.Speaking out against the fairy tale of capitalism and populist conspiracy theories, Monbiot and Hutchison lay the groundwork for a new politics, one based on truly participatory democracy and “private sufficiency, public luxury”: an inspiring vision that could help bring the neoliberal era to an end.

“Dunlap is one of the foremost researchers on the unfolding relationship between ecocide, colonialism, extractivism, and green capitalism.... An important book” Peter Gelderloos, author of The Solutions are Already Here “Vital for understanding the forces driving violence against land and water defenders around the world” Alleen Brown, investigative journalist“A passionate account of the harms of green capitalism” Professor Anna Feigenbaum, author of Tear Gas“One of the most compelling, demystifying, and provocative calls to action in the face of the violent collapse of modernity. A must-read” Dr. Carlos Tornel, author of Gustavo EstevaThis System is Killing Us is an insider look at the catastrophic effects that energy infrastructure and mining are having on communities and our planet. Xander Dunlap spent a decade living and working with Indigenous activists and land defenders across the world to uncover evidence of the repression people have faced in the wake of untamed capitalist growth.By centring the struggles of people whose lives are being systematically destroyed, Dunlap reveals gaps within the current official debates around climate change. This includes reviewing feuds between socialist modernism and degrowth. While changing public policy could play a constructive role in remediating climate catastrophe, by understanding the successes and failures of those “on the front lines”, it becomes clear that ecologically decentralized self-organization could be the only way out of this environmental nightmare.Xander Dunlap is a postdoctoral research fellow at the Institute for Global Sustainability, Boston University, USA, and a visiting research fellow in the Global Development Studies Department, University of Helsinki, Finland. Xander has written many books, most recently Enforcing Ecocide, and is a long-time participant in anti-police, squatting and environmental movements.

​While significant attention has been devoted to achieving Sustainable Development Goal 13 (SDG 13) and scaling up climate finance for developing countries, the adverse impacts of funded projects on local communities remains inadequately explored by both academics and policymakers. Mobilizing climate finance on an unprecedented scale is undeniably vital for the success of developing countries'climate policies. However, these initiatives often give rise to adverse consequences for individuals in these countries, leading to displacements, exacerbating food insecurity, or even triggering conflicts over resources.This book examines the extent to which the climate funds established for achieving SDG 13 are adequate for addressing climate change impacts in developing countries. Yet, its analysis transcends the mere evaluation of the sufficiency or efficacy of these efforts found in much of the existing literature. Beyond the scope of quantifiable success, the book delves into the root causes of the adverse impacts that these funds can have on local communities and offers tailored recommendations to realize the noble aspirations of SDG 13, all without implying that the individuals who should benefit from climate finance are the ones who pay in the end.