scholarly journals The influence of climate change on the life insurance in the EU: A panel data approach

2021 ◽  
Vol 307 ◽  
pp. 07001
Author(s):  
Oleksandr Melnychenko ◽  
Tetyana Kalna-Dubinyuk ◽  
Olha Vovchak ◽  
Tetiana Girchenko
Keyword(s):  
Climate Change ◽  
European Union ◽  
Panel Data ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Life Insurance ◽  
Insurance Market ◽  
The European Union ◽  
Gas Emissions ◽  
The Impact

The financial sector, as one of the most sensitive economic sectors, is alert to all trends and changes in the environment. The aim of the article is to study the impact of climate change on the life insurance market using panel data from 28 countries of the European Union (EU) for the last 9 years. This study is based on a panel model, where the amount of premiums under life insurance contracts is defined as a function of the fundamental factor of climate change - greenhouse gas emissions. According to empirical findings, an increase in greenhouse gas emissions per thousand tons leads to an increase in the amount of life insurance premiums by 0.1786 million euros. It has also been found that an increase in greenhouse gas emissions per thousand tons leads to an increase in deaths in the European Union by 1.0442 people, and these consequences are statistically significant. In general, our results suggest that the life insurance market as well as the non-life insurance market is dependent on climate change. The empirical results of this study provide valuable insight into how greenhouse gas emissions affect mortality in the European Union.

scholarly journals The Paris Climate Agreement and the Three Largest Emitters: China, the United States, and the European Union

2016 ◽  
Vol 4 (3) ◽  
pp. 219-223 ◽  
Author(s):  
Miranda A. Schreurs
Keyword(s):  
Climate Change ◽  
United States ◽  
European Union ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Emission Reduction ◽  
Global Climate ◽  
The United States ◽  
The European Union ◽  
Gas Emissions

The Paris Agreement would not have come into being had China, the United States (US), and the European Union (EU), which together contribute more than half of all global greenhouse gas emissions, not signaled their intent to take major steps to reduce their domestic emissions. The EU has been at the forefront of global climate change measures for years having issued binding domestic emission reduction targets for 2020 and 2030. For many years, China refused to announce a target date for when it might begin reducing its greenhouse gas emissions, and the US Congress blocked action on climate change.  In the lead up to the Paris climate negotiations, however, there were major shifts in China’s and the US’s climate positions. This commentary examines the climate policies of the three largest emitters and the factors motivating the positions they took in the Paris negotiations. Given that the commitments made in Paris are most likely insufficient to keep global temperature from rising 2 °C above pre-industrial levels, the commentary also considers what the likelihood is that these three major economies will strengthen their emission reduction targets in the near future.

scholarly journals Perceptions of Food Retailers Regarding Climate Change and Greenhouse Gas Emissions

2021 ◽  
Vol 5 (4) ◽  
pp. 26-35
Author(s):  
Ayanda Pamella Deliwe ◽  
Shelley Beryl Beck ◽  
Elroy Eugene Smith
Keyword(s):  
Climate Change ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Greenhouse Gas Emission ◽  
Harmful Effect ◽  
Retail Sector ◽  
Food Retail ◽  
Gas Emissions ◽  
Food Retailers ◽  
The Impact

Objective – This paper sets out to assess perceptions of food retailers regarding climate change, greenhouse gas emission and sustainability in the Nelson Mandela Bay region of South Africa. The primary objective of this study is to investigate the food retailers’ greenhouse gas emissions strategies. Climate change catastrophic potential and the harmful effect that it has had on the community and businesses has led to it being given attention from social media and in literature. Methodology/Technique – This paper covered a literature review that provided the theoretical framework. The empirical study that was carried out included self-administered questionnaires which were distributed to 120 food retailers who were selected from the population using convenience sampling. Findings - The results revealed that most of the respondents were neutral towards the impact of operational factors regarding GHG emission in the food retail sector. Novelty - There is limited research that has been conducted among food retailers from the designated population. The study provided guidelines that will be of assistance to food retailers when dealing with climate change and greenhouse gas emissions impact in the food retail sector. Type of Paper: Empirical. JEL Classification: L66, Q54, Q59. Keywords: Climate Change; Food Retailers; Greenhouse Gas Emissions; Perceptions; Strategies; Sustainability Reference to this paper should be made as follows: Deliwe, A.P; Beck, S.B; Smith, E.E. (2021). Perceptions of Food Retailers Regarding Climate Change and Greenhouse Gas Emissions, Journal of Business and Economics Review, 5(4) 26–35. https://doi.org/10.35609/jber.2021.5.4(3)

EMISSION EFFICIENCY OF EUROPEAN UNION COUNTRIES

2018 ◽  
Vol XX (6) ◽  
pp. 55-60
Author(s):  
Edyta Gajos ◽  
Sylwia Małażewska ◽  
Konrad Prandecki
Keyword(s):  
European Union ◽  
United Kingdom ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Value Added ◽  
The European Union ◽  
Gas Emissions ◽  
Emission Efficiency ◽  
European Union Countries ◽  
Emission Volume

The aim of the study was to compare the total greenhouse gas emissions in the European Union countries and their emission efficiency. Emission efficiency was calculated as the ratio of emission volume and value to gross value added generated by the economy of a given country (size of the economy). The necessary statistical data was obtained from Eurostat. It was found that in 2015 most of greenhouse gases were emitted by: Germany, United Kingdom, Poland, France and Italy. At the same time, France and the United Kingdom were characterized by one of the best emission efficiency in the European Union, Germany and Italy obtained average results, while Poland was in the group of countries with the lowest emission efficiency. Therefore, it can be concluded, that the volume of emissions is significantly affected by the size of the economy. Some large emitters have economies based on relatively “clean” technologies and thus their potential to further reduction is not very high. The reverse is true for some low-emission countries, such as Estonia and Bulgaria. This indicates the need for a more comprehensive look at the problem of reducing greenhouse gas emissions.

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