Crowdfunding green projects in Brunei: awareness and investing preferences

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shaista Wasiuzzaman ◽  
Nurul Nabilah Hj Pungut ◽  
Muhammad Khaliq Syafie Md Don

PurposeThe objectives of this study are to determine the level of awareness of crowdfunding and green projects among Bruneians, to investigate the preference of Bruneians regarding funding through crowdfunding as well as to evaluate the willingness of Bruneians to use crowdfunding as a funding alternative for green projects in Brunei. In addition to that, this study aims to identify the effects of environmental awareness and environmental concern on the willingness to crowdfund green projects.Design/methodology/approachA total of 177 responses from an online questionnaire distributed via convenience and snowball sampling was used for data analysis. Frequency, descriptive, correlation and regression analyses are used to achieve the aims of this study.FindingsThe study finds that the awareness of the concepts of crowdfunding and green project is high among Bruneians, but the level of their familiarity of crowdfunding platforms and climate change issues is very low. Regression analysis carried out to test the effects of awareness and concern on willingness indicates that while environmental concern has a significant positive effect on the willingness to support crowdfunded green projects, environmental awareness is insignificant.Originality/valueThe study highlights that government policy should be aimed at not just increasing awareness but at increasing the knowledge of the impacts of climate change issue that will raise concern and improve participation of residents in green projects. The study focuses on a rarely studied population, the people of Brunei.

Significance The extreme cold comes as the province is still dealing with the damage caused by unprecedented levels of heat and wildfires last summer and then record levels of rainfall and flooding in November. Its experience has focused attention on Canada’s wider vulnerability to the impact of shifting weather patterns and climate change. Impacts The natural resource sectors that are vital to Canada’s economy face an increasingly difficult environment for extraction. Indigenous peoples across the country will see their traditional ways of life further disrupted by climate change. The increasingly evident impacts of climate change on day-to-day life will see voters demand greater action from government. Significant investment in green initiatives, clean energy and climate resiliency initiatives will boost green industries.


2019 ◽  
Vol 48 (2) ◽  
pp. 128-151
Author(s):  
Margarita Lashkova ◽  
Carmen Antón ◽  
Carmen Camarero

Purpose The purpose of this paper is to examine the dual effect of sensory experiences on customer behaviour in the context of retailing. Based on the theoretical framework of the optimal stimulation level theory, the authors propose that sensory experiences reinforce satisfaction, engagement and loyalty, but increase customers’ diversive exploration and curiosity for other experiences and may eventually led to reduced loyalty. Design/methodology/approach A self-administrated online questionnaire was distributed via e-mail to 1,000 households in a Spanish town, and 325 usable responses of supermarket customers were collected. The hypothesised relationships were tested using the partial least squares approach. The analysis is extended with an experiment in online fashion stores that explores whether a varied sensory experience reinforces consumers’ diversive exploration. In total, 68 students participated in the study. Hierarchical regression analysis is performed to analyse the results of the experiment. Findings Findings support the notion that a pleasant sensory experience increases customer satisfaction and therefore their engagement and behavioural loyalty (exclusivity) towards the retailer whilst also generating more ambitious consumer expectations vis-à-vis the shopping experience and thus encouraging them to search for new retailers and, so, to be less loyal. Research limitations/implications This research warns of the risk of increasing customer’s expectations and reducing their loyalty; hence satisfaction is not enough. Retailers should consider offering new experiences and surprise customers every so often, attempting to curtail the effect of satiation or the effect of over-arousal. Originality/value The novelty of this study is the proposal of a twofold effect of sensory experience on loyalty, a positive effect, through satisfaction, and a negative effect, through the search for new experiences.


2019 ◽  
Vol 69 (1/2) ◽  
pp. 9-19
Author(s):  
Ike Iswary Lawanda

Purpose This is a methodological proposal that describes the access to information as a starting point, and the importance of access to information as the backbone for the values of investment with the notion of culture as shared beliefs, supported by information to communicate and provide awareness about issues related to environmental policy that is consistent with sustainable development. Data collection is done from census data of Cikarawang population, observation and in-depth interviews with informants of community leaders. Constructive theory constructs to identify the diversity of existing construction of and placing in the consensus. The goal of this methodology is to produce an informed and knowledgeable construction of, which simultaneously improving continuously. Constructivists do not intend to predict and control the real world and divert it but to reconstruct the world at the point of its existence: in the mind of the people of the community in Cikarawang village. The view of the importance of cultural institutions and traditional knowledge should not be ignored in reaching the target of practical dissemination of information regarding environmental policy should be conducted for further study the model of and the model for the construction of the constructed. The use of application in documenting myths and rituals of Cikarawang people is enabling the access of information of the people in learning the culture and language of Cikarawang. Moreover, it is the way to reach the goal of sustainable environment for the next generations. Design/methodology/approach The goal of this methodology is to produce an informed and knowledgeable construction of, which simultaneously improved continuously. Constructivists do not intend to predict and control the real world and divert it but to reconstruct the world at the point of its existence: in the mind of the constructor. In the process related to two aspects, : hermeneutic and dialectical. Aspects of individual construction of hermeneutic describe as compare and contrast to the dialectical aspects of individual construction of, so that each respondent was entered into the construction of another and entirely fused. Findings The access of information on asri to face global warming is to demonstrate the hybridity and syncretism of this everyday locality and to show how this global sense of place is a progressive sense of place which avoids defensive and exclusionary definitions of place and culture because they cannot be sustained in a world where understanding a place means understanding its connection to other places. However, the youths of Cikarawang are likely to self-identify, as liberals are also more supportive of progressive domestic social agenda than older generations. They are less overtly religious than the older generations. Research limitations/implications The access of information, is about trying to establish the existence of the collectivity by defining what makes it a community – isolating national characteristics, defining crucial historical moments or significant places. None of these implies that these meanings can be fixed. There might be useful to think of nations as projects which are never fully achieved. There are always alternative accounts which are being given, and alternative interpretations being made from different positions. Climate information needs to be made in accordance with the local context and activities of both of the content, format, timing and distribution (dissemination). Practical implications The undetermined that perceived lack of locals trying to understand the information about weather and climate change are delivered by using technology need to engage their participation to identify and develop adaptation and mitigation strategies. Knowledge about the weather and how to overcome it is also myths about the environment containing taboo and prohibition as well as the annual harvest ritual. Digital technology using application is the nearest object to individual youngsters to access information openly and individually. Access of information using apps and internet is bridging the issues of climate change, myths and rituals about environment, and generation gaps. Social implications The behavior of young people of Generation X are not heeding the ban in the experience of their ancestors. It is not only because of their belief in myth depleted but also in the absence of respected elders. Person figures which are respected as wise men or local leaders to be role models. In the past, knowledge and cultural information are presented, preserved, generated down to future generations. Nowadays, information about climate, weather, cultural knowledge in agriculture, irrigation, daily life, ritual, myth, and kinship is no longer simply rely on figures but the media that they believe in. Originality/value It is an interdisciplinary research of global knowledge, memory and communication. Digital technology-based application as the system to support access of information and the effort of documentation on community myths and rituals of remote people may affect on sustainable local wisdoms which protect and sustain the environment to be inherited to next generations. Web, private social networks, wikis and blogs are becoming important corporate tools for communication, collaboration and information-sharing. It is a way of young people in this Generation X most familiar in such as interactive, collaborative, managing knowledge, and managing global system and bridging generation gaps.


2020 ◽  
Vol 14 (6) ◽  
pp. 1255-1274
Author(s):  
Shin Kinoshita

Purpose Saving energy is an essential issue in the world to attenuate climate change. To achieve the goal, energy-saving appliances such as refrigerators should be promoted. This study aims to analyze the conditions enabling Japanese households to purchase such appliances, focusing on the relation with preferences for renewable energy as one of the non-monetary incentives. Design/methodology/approach A conjoint analysis is used. A random parameter logit model and nested logit model are used for estimation. Data were collected through an online questionnaire of the Rakuten Insight service. Findings Households will purchase energy-saving appliances when renewable energy is used for electricity generation. This implies that households will purchase energy-saving appliances with electric power generators by renewable energy such as solar panels and home micro-wind generators. Research limitations/implications The response rate and attributes of respondents and non-respondents are not shown to researchers in the web-questionnaire service. Social implications Promoting energy-saving appliances and renewable energy is essential in Japan (as in other countries) to save energy and to attenuate climate change. Based on the results, both energy-saving appliances and renewable energy will be widely used. Originality/value Although many studies have analyzed households’ preferences for energy-saving appliances and the effects of non-monetary incentives, studies that mentioned the relation with preferences for renewable energy are few. This study analyzes the relation and proposes policy recommendations to promote both energy-saving appliances and renewable energy.


Author(s):  
Marek Kozlowski ◽  
Yusnani Mohd Yusof

Purpose – The purpose of this paper is to discuss the responses from the urban planning and design professions in Brisbane to the impacts of climate change and the implications of the 2011 flood. In the past decade, the ramifications of climate change have already left a scar on some of the urban regions round the world. The Australian continent has been regarded as one of the most affected regions in terms of climate change implications. The 2011 Queensland floods of historic proportion, which came after a decade of extreme drought, raised many questions about the future development of cities. For the past decades, Queensland’s economy was largely based on property-led development. The flood plain land situated along Brisbane River has been developed and overburdened with building infrastructure contributing to the magnification of the flood events. Design/methodology/approach – The research methodology is based on identification of the problem and the major objective. To address the objective, this study concentrated mainly on the use of qualitative research methods. The major qualitative research methods include literature review, qualitative analysis and observations. Brisbane, the capital of the Australian state of Queensland, has been selected as the case study area. Findings – The paper revealed strong regional and city-wide planning directives addressing climate change which has not yet been fully been translated at the local-neighbourhood level. Originality/value – This paper provides a deep insight analysis and evaluation of the design and planning measures currently used to combat the impacts of climate change.


Significance For the first time in the eleven-year history of the survey, no economic risk makes the list of the top five most likely or biggest impact risks. In contrast, large-scale terrorist attacks make the top five most likely risks for the first time and weapons of mass destruction are cited as the highest impact risk. All five environment-related risks are ranked among the top ten highest impact risks for the first time -- four in the top five: extreme weather events; water crises; major natural disasters; and failure of climate change mitigation and adaptation. The survey cites strengthening global cooperation systems as a top five challenge, and says these environmental risks will be exacerbated if cooperation diminishes. Impacts Nearly a third of respondents think that increasing polarisation will be an underlying trend over the next ten years. More must be done to include the people left behind by technological change -- more than 4 billion lack internet access. The United States may withdraw from the Paris climate change agreement, and a number of free trade deals are at risk.


Author(s):  
Mohamed Alboghdady ◽  
Salah E. El-Hendawy

Purpose The purpose of this study is to analyze the impact of climate change and variability on agricultural production in Middle East and North Africa region (MENA) where the deleterious impacts of climate change are generally projected to be greatest. Design/methodology/approach The study used a production function model using Fixed Effect Regression (FER) analysis and then using marginal impact analysis to assess the impact of climate change and variability on agricultural production. Therefore, the study utilized panel data for the period 1961-2009 pooled from 20 countries in MENA region. Findings Results showed that 1 per cent increase in temperature during winter resulted in 1.12 per cent decrease in agricultural production. It was also observed that 1 per cent increase in temperature variability during winter and spring resulted in 0.09 and 0.14 per cent decrease in agricultural production, respectively. Results also indicated that increasing precipitation during winter and fall season and precipitation variability during winter and summer seasons had negative impact. The estimated parameters of square temperature and precipitation indicated that climate change has significant nonlinear impacts on agricultural production in MENA region. Originality/value Despite there are many studies on the impact of climate change on agricultural production, there is a lack of publications to address the economic impact of both climate change and variability on agricultural production in MENA region. Thus, these results are more comprehensive and more informative to policymakers than the results from field trials.


2016 ◽  
Vol 7 (1) ◽  
pp. 84-97
Author(s):  
Rodley Pineda

Purpose Although businesses face various types of risks because of climate change, the level of concern among managers seem to lag behind the institutional pressure to deal with the climate change issue. This paper aims to bridge this gap in perceptions by presenting a framework to assist business leaders in translating the climate change issue into a format that managers can appreciate. Design/methodology/approach Drawing from the supply chain literature, this paper presents a model that shows how climate change-related policy and resource risks affect a firm’s supply, operations and demand domains and the risk management approaches appropriate for each type of risk. Excerpts from 10-K annual reports filed by US automotive and food retailers are used to show how the model works. Findings Although majority of companies examined do not report climate change-related risks, the evidence from those that do affirm the framework’s ability to translate these risks into manager-friendly supply chain terminology. Originality/value Managers can participate in sustainability actions by focusing on the risks and effects of climate change. Business leaders, researchers and policymakers can adopt supply chain risk management terminology to connect with otherwise indifferent managers.


Author(s):  
Njidda Mamadu Gadzama

Purpose The purpose of this paper is to develop the Great Green Wall (GGW) Project initially financed by the United Nation’s Global Environment Facility Trust Fund, is a Pan African proposal in greening the Sahel of Africa from West (Dakar) to the East (Djibouti). It aims at reducing poverty and soil degradation in this region, taking into account the effects of desertification and climate change on sustainability of livelihoods. Design/methodology/approach Several desertification attenuation projects in Nigeria are employing different methods for maximum benefits obtainable from the objectives of the particular projects. As noted above, however, the approach of GGW is to improve the alternative livelihoods of the people by their active participating in the implementation of the project. It is also noted that environmental impact assessment, community reconnaissance or needs assessments might be initial part of pre-project activities, thereby making the communities more aware and educated of the impending environmental problems. Findings Desertification has reached an alarming state in Nigeria. The frontline desert threatened States of Nigeria constitute 43 percent of the land mass of the country. With increased pressure of desertification, exacerbated by a period of prolonged drought of more than 20 years, climate change and human activities, it is becoming increasingly difficult to obtain sustainability in the management of the fragile lands and the region’s ecosystem. Strategic interventions in combating the problem of desertification in Nigeria have attenuated some of the detrimental social, economic and environmental impacts on the affected communities. Programmes and projects have strengthened the resilience of the people, participating in sand dune stabilization, the Great Green Wall Sahara Sahel Initiative, including shelterbelt developments. Government has sustained inputs in environmentally friendly agriculture and also encouraged synergetic collaborative activities with international and national NGOs, international agencies and local institutions. Originality/value These results/activities give evidence of the increased public awareness of environmental degradation due to desertification and climate change in Nigeria; the realization in environmental stabilization needs with ready participation of the communities for improved livelihoods in environmental activities and arid agriculture as supported by the National Great Green Wall (NAGGW) program of the country; resulting in internalization of these projects supporting livelihoods for sustainability in the Sahel of Nigeria.


2015 ◽  
Vol 27 (3) ◽  
pp. 220-238 ◽  
Author(s):  
Jeremy Galbreath

Purpose – This paper aims to explore the nature of the cooperation–competition nexus in regional clusters by examining how wine firms in Australia engage in knowledge exchanges about a “common” strategic issue: climate change. Further, it determines if differences in climate change innovations exist based on sub-regional position. Design/methodology/approach – Using a survey, data were collected from 557 firms across three wine-producing regions in Australia. Respondents were drawn from a leading wine industry database. Findings – The findings suggest that, after accounting for all knowledge exchanges, firms across the regions appear to be generally engaging in knowledge exchanges about climate change within their own geographic sub-regions. However, paradoxically, firms in “elite” sub-regions appear to be demonstrating more of a cooperative posture via a greater level of external knowledge exchanges. The results also suggest that implementation rates differ for adaptive climate change innovations only (as opposed to mitigative innovations) to the apparent advantage of firms in elite sub-regions. Research limitations/implications – The study represents Australian wine regions and should not be taken as a general population sample. The impacts of climate change in other wine-producing regions around the world may vary, leading to different results than those found in this study. Practical implications – Wine producers face many challenges with respect to climate change. To respond effectively to this issue, the sharing of knowledge is important to innovate around mitigative and adaptive practices. This research suggests that greater stimulation of open knowledge exchanges is likely needed so that all producers can benefit from industry-wide learning. Originality/value – This paper provides insights to wine scholars, industry practitioners and peak industry bodies seeking to understand and enhance the wine industry’s response to climate change. The paper also points to areas of future research opportunity and provides policy recommendations.


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