scholarly journals Overstraining international climate finance: when conflicts of objectives threaten its success

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Wolfgang Buchholz ◽  
Dirk Rübbelke

Purpose Climate finance is regularly not only seen as a tool to efficiently combat global warming but also to solve development problems in the recipient countries and to support the attainment of sustainable development goals. Thereby, conflicts between distributive and allocative objectives arise, which threaten the overall performance of such transfer schemes. Given the severity of the climate change problem, this study aims to raise concerns about whether the world can afford climate transfer schemes that do not focus on prevention of (and adaptation to) climate change but might be considered as a vehicle of rent-seeking by many agents. Design/methodology/approach Future designs of international transfer schemes within the framework of the Paris Agreement are to be based on experience gained from existing mechanisms. Therefore, the authors examine different existing schemes using a graphical technique first proposed by David Pearce and describe the conflicts between allocative and distributional goals that arise. Findings In line with the famous Tinbergen rule, the authors argue that other sustainability problems and issues of global fairness should not be primarily addressed by climate finance but should be mainly tackled by other means. Research limitations/implications As there is still ongoing, intense discussion about how the international transfer schemes addressed in Article 6 of the Paris Agreement should be designed, the research will help to sort some of the key arguments. Practical implications There are prominent international documents (like the Paris Agreement and the UN 2030 Agenda for Sustainable Development) seeking to address different goals simultaneously. While synergies between policies is desirable, there are major challenges for policy coordination. Addressing several different goals using fewer policy instruments, for example, will not succeed as the Tinbergen Rule points out. Social implications The integration of co-benefits in the analysis allows for taking into account the social effects of climate policy. As the authors argue, climate finance approaches could become overstrained if policymakers would consider them as tools to also solve local sustainability problems. Originality/value In this paper, the authors will not only examine what can be learnt from the clean development mechanism (CDM) for future schemes under Article 6 of the Paris Agreement but also observe the experiences gained from a non-CDM scheme. So the authors pay attention to the Trust Fund of the Global Environment Facility (GEF) which was established with global benefit orientation, i.e. – unlike the CDM – it was not regarded as an additional goal to support local sustainable development. Yet, despite its disregard of local co-benefits, the authors think that it is of particular importance to include the GEF in the analysis, as some important lessons can be learnt from it.

2020 ◽  
Vol 11 (1) ◽  
pp. 138-159
Author(s):  
Olubunmi Ayodele Afinowi

Climate change adaptation is the second arm of climate change action and seeks to ensure that all countries tackle the impacts of climate change by addressing both social and geographical vulnerabilities. The article discusses adaptation and its application at national and international levels. It also examines adaptation to climate change as a developmental challenge and how the principles of sustainable development can aid climate change action. The article analyses relevant aspects of national and international instruments relating to climate change adaptation and spotlights the commitment of Nigeria and South Africa to climate change adaptation. The article finds that integrating sustainable development into governance helps adaptation and increases resilience against the impacts of climate change. The article also emphasizes the necessity of good governance, particularly protection of human rights, climate finance and effective land use governance, to ensure climate change adaptation. The article argues that climate change adaptation should be viewed more as a developmental, rather than an environmental, challenge. It further asserts that coordinated action, especially in relation to land use governance and sustainable development is required to ensure sustainable climate action. This is particularly so given that citizens of many developing countries, including Nigeria and South Africa, depend on land and its resources  for social and economic development. Keywords: Adaptation; Climate Finance; Good Governance; Nigeria; South Africa.


2016 ◽  
Vol 8 (5) ◽  
pp. 593-605 ◽  
Author(s):  
Daniele Vieira do Nascimento

Purpose The purpose of this paper is to provide an overview of the links between climate finance and tourism adaptation development. Besides increasing adaptation and mitigation efforts to limit greenhouse gas emissions, climate change remains a major challenge in the twenty-first century and beyond especially for tourism which is highly climate sensitive. Hence, it is necessary for tourism to adapt to survive. The aim of the study is to provide a systematic overview of the topic to offer a foundation for better understanding different ways of integrating climate finance initiatives with tourism. Design/methodology/approach The research focused on the top-ranked, peer reviewed journals of each of the two selected research fields. To address this topic, an in-depth systematic literature review in the fields of climate change finance and tourism adaptation development was conducted. Furthermore, because it is a relatively new research topic, conference proceedings were also explored. To guarantee wide coverage of the literature, a query of the following scholarly databases was considered: Elsevier, ScienceDirect and Web of Science. Findings Based on the analyses of the literature available on the topic, the paper highlights the main research trends and conclusions. It is argued that there is imbalance of knowledge on climate change finance as it relates to tourism. To date, there have been relatively few published articles on this topic in the context of tourism. Based on the findings, promising areas for future research were identified, and in particular for small island communities and recommendations for future research are outlined. Research limitations/implications The paper is limited by the scope of the literature review accessed by the researcher. The results of this review may vary according to the databases used. Originality/value Currently, there is no extensive review of articles on climate finance and tourism adaptation. This paper aims at reviewing climate finance studies published in English language to explore knowledge gaps in tourism adaptation. Sets of themes being advanced are also highlighted. Recommendations for future research are provided.


2021 ◽  
Vol 23 (2-3) ◽  
pp. 158-167
Author(s):  
Agata Bator ◽  
Agnieszka Borek

Abstract On the ground that climate change poses a great threat to societies and economies, it became evident for policy makers that attention should be given to the problem of adaptation, i.e. adaptation measures should be undertaken to minimize the adverse impacts of climate change. As the debate on the adverse impacts of climate change advanced at international level, states are taking actions at national, regional and local levels. Along with the increase awareness regarding importance of adaptation, regulations designed to prepare states to strengthen their resilience to climate change, has been developed in climate change treaties. Paris Agreement seems to be the first global agreement which addresses adaptation as one of its key goals and links it with mitigation efforts. The purpose of this article is to discuss the most important regulations and programmes within the regime established by the Framework Convention and the Paris Agreement concerning adaptation to climate change.


2021 ◽  
Author(s):  

As one of the leading development partners for Latin American and the Caribbean (LAC), the Inter-American Development Bank Group (IDB Group) is fully committed to lead by example on climate change action. Since the signing of the Paris Agreement, the IDB Group has provided over $20 billion in Climate Finance, amounting to about 60% of all Climate Finance to the region from Multilateral Development Banks (MDBs).


Author(s):  
Renato J. Orsato ◽  
Simone R. Barakat ◽  
José Guilherme F. de Campos

Purpose This paper aims to investigate how organizational learning (OL) affects the development of anticipatory adaptation to climate change in companies. Because the need to learn increases in circumstances of greater uncertainty such as the case of climate change, one of the processes that can explain different levels of anticipatory adaptation to climate change (AACC) by companies is OL. Design/methodology/approach The research uses a case study design. Following the procedures of qualitative sampling, an exemplary case of organizational adaptation to climate change in a sector that is extremely affected by the impacts of weather events was chosen. Empirical data collection includes semi-structured interviews and the collection of private and public documents. Such data were analyzed through thematic analysis. Findings The process of OL for anticipatory adaptation to climate change presents substantial differences from the traditional OL process presented by the specialized literature. In particular, the concepts of single- and double-loop learning were challenging to fit into the learning processes required for AACC. Originality/value Organizations have historically been working towards the adaption to external unforeseen events, but anticipatory adaptation to climate change presents new challenges and requires new forms of learning. Previous research has examined the interplay between learning and climate change adaptation, especially at the inter-organizational level. By developing research at the organizational level, this paper addresses a gap in the literature and shows that the required learning to adapt to climate change differs from the traditional learning, described in the management literature.


2016 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Agustinus Kastanya

Indonesia has already agreed to and submitted Intended Nationally Determined Contributions (INDC) to the UNFCCC, to reduce emission gases by 29% on its own and by 41% with outside help by 2030. This step follows the Paris Agreement (COP 21) to reduce world emission gases to prevent the earth warming by 20C . Maluku is characterized by small islands, narrow and short watersheds and needs an innovative approach to development. Multi landscape based development of small islands means using island clusters, watersheds, ecological conditions and socio-economic conditions. An agricultural concept for small islands based on multi landscape plans like green economics has been developed in 3 base concepts : (1) conceptual framework; (2) macro concept framework; (3) micro concept framework. The multi landscape format integrates water catchments and RTRWP/K which are organized into the smallest management units in accordance with indigenous rights. The complete landscape is managed using an agroforestry system for conservation of the watersheds, islands, cluster groups and seas. Thus, the agricultural concept can deliver productivity and services to meet the needs of the community and the environment as well as for mitigation of and adaptation to climate change.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Divine Odame Appiah ◽  
Felix Asante ◽  
Lois Antwi-Boadi ◽  
Richard Serbeh

Purpose This paper aims to examine elderly smallholder farmers’ perceptions of and adaptation to climate variability and change in the Offinso Municipality, Ghana. Design/methodology/approach This paper used quantitative and qualitative methods. Quantitative data were analyzed with frequencies and chi-square tests, whereas qualitative data were thematically analyzed. Findings The results showed that elderly smallholder farmers’ knowledge of climate variability and climate change were based on their sex, level of formal education and experience in farming. Elderly smallholder farmers adopted both on-farm and off-farm strategies to cope with climate change and variability. The vulnerability of elderly smallholder farmers to climate change calls for social protection mechanisms such as a pension scheme that guarantees access to monthly cash transfers. Such a scheme will ease constraints to livelihood and ensure improved well-being. Originality/value Elderly smallholder farmers have remained invisible in discourses on perceptions and adaptation to climate change despite the surge in number of this category of farmers. This paper therefore represents an attempt to highlight the experiences of elderly smallholder farmers with climate variability and change.


2022 ◽  
pp. 440-448
Author(s):  
Dumisani Chirambo

Climate change is likely to exacerbate inequality and poverty in Global South cities despite the presence of international agreements and conventions to enhance sustainable development such as the Paris Agreement and the Sustainable Development Goals (SDGs). Moreover, replicating Global North development models in the Global South might not be sufficient to address the climate change and development aspirations in the context of Asia; hence, Global North innovation capabilities might not be sufficient to address Global South climate change challenges. This paper provides an inductive analysis of the innovations and policies that could facilitate improved climate change mitigation and adaptation in the context of developing Asian cities. The paper concludes that innovative climate change policies should utilise emerging climate finance mechanisms such as South-South climate finance modalities to promote community science/citizen science and social innovation rather than building hard infrastructure as this could improve the governance and distribution of resources in cities.


2013 ◽  
Vol 10 (1) ◽  
pp. 54-71 ◽  
Author(s):  
Stefan Möckel ◽  
Wolfgang Köck

The article discusses the most significant legal problems facing the makers of conservation policy in the European Union and in Germany in adapting biodiversity to climate change. In the introduction, we give an overview of the possible consequences of climate change for species and landscapes and propose a number of adaptation measures. We then analyse and discuss three issues relating to the policy instruments of European and German environmental law: 1. the problems associated with protected areas in terms of justification and flexibility; 2. the need for more biotope networks, especially in agriculturally dominated landscapes; and 3. the potential and shortcomings of regional and local planning instruments.


Sign in / Sign up

Export Citation Format

Share Document