Suriname and Guyana face oil-driven climate challenges

Significance Both economies now look set to be driven by oil investment and production for at least the next decade. This economic trend is the opposite of that experienced by many other economies which are attempting to transition towards clean energy in an effort to mitigate climate change impacts. Impacts Submission of Guyana’s second Paris Commitment goals will spark greater scrutiny of current climate change initiatives. Extractives companies operating in Guyana and Suriname may look to fund climate change initiatives there to bolster their reputations. Guyana’s renewable energy commitments will lead to new investment opportunities in this sector from 2022.

Significance In a scenario in which it becomes increasingly evident that carbon neutrality will not be reached by 2050, governments may switch the focus of spending from the energy transition towards measures designed to address a changing climate. This is more likely in the developing world, which has less chance of reaping the economic opportunities of energy transition. Impacts Governments will have to incorporate both transitioning to clean energy and resilience against climate change impacts into their policies. As economies recover from the pandemic, developing countries' calls for financial assistance with energy transition costs will rise. Developed nations will emerge from the pandemic with stretched budgets, and some will face pressure to spend less on international aid. The need for heightened international cooperation to deliver the energy transition worldwide will test existing institutions.


Author(s):  
Marta Stoian

Climate change is an unprecedented challenge in human history. It requires further immediate and concerted action. Understanding the stage of development of each energy resource, as the impact on the energy system to make informed decisions and prescribe a healthy energy future has thus become a priority. Decisions such as the phasing out of fossil fuels and the transition to an efficient and 100% renewable energy system, as well as increasing the storage capacity of greenhouse gases using environmentally sustainable approaches, maintaining natural ecosystems that generate environmental services, and restoring the degraded ones are now a top issue. Therefore, the relationship between energy and environmental policy is becoming essential. Accordingly, this paper will focus on the transition to renewable energy, the adaptation to climate change and the energy transition at EU level being strenuously debated, in order to build a holistic context of the actual situation. Adaptation to climate change requests a complex scientific study, given the diversity of uncertainties involved, and the interconnections between different areas, such as agriculture, sustainable development or energy industry. Therefore, the aim of research is to provide holistic understanding of the current climate issues, according to the mentioned fields. In this context, it is emphasized the benefits of clean energy by investigating the methods for achieving a prolific energy transition, from a conventional to a sustainable one. Carefully analysing the commitments and the transition to a low-carbon electricity system looking behind the causes and studying closely the underlying elements of all these topics, using the qualitative research method as a basis to indulge in further analysis and research, it was outlined a detailed analysis of the current climate context. In conclusion, the effect of the pressure brought into play by human exploitation of goods and services on the ecosystems was associated with the ongoing concerns of environmental degradation, climatic variations, natural and ecological distortions, and financial setbacks. Taking into account the drive toward accomplishing sustainable development and environmental quality, powerful policies are being implemented, but given the variety of investment conditions in each country and including the different characteristics of the financial markets, there is no unique solution that works for everybody. Therefore, the transition to a more sustainable energy system has a verity of implications but it is an essential condition for sustainable development.


Subject Morocco renewables. Significance Morocco showcased the progress it has made with the development of renewable energy at the COP21 climate change conference in Paris. At the conference, Morocco pledged to increase the renewable contribution to its electricity mix to 52% by 2030. The government has already set a target of 42% of its electricity generating capacity based on renewables by 2020: 14% each from hydro, wind and solar plants. Impacts Morocco can derive political and diplomatic benefits by projecting itself as a leading global force in developing clean energy. It will have an even better opportunity to do so when it hosts the COP22 meeting in Marrakech in November 2016. Morocco's renewable energy projects have been underpinned by subsidies, but these are likely to diminish as costs fall. Depending on technology, Morocco could export electricity generated from renewables to Europe and countries in north and west Africa.


2021 ◽  
Vol 9 (11) ◽  
pp. 1265
Author(s):  
Luca Cavallaro ◽  
Diego Vicinanza

In the last decade, extensive research has been carried out with the aim of designing new prototype devices that allow for the extraction of electricity from renewable energy sources, in order to contribute to a reduction in the use of nonrenewable resources, and thereby mitigate climate change impacts [...]


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.


2014 ◽  
Vol 2 (5) ◽  
pp. 453-461 ◽  
Author(s):  
Lucia Barbato ◽  
Gabriele Centi ◽  
Gaetano Iaquaniello ◽  
Alessia Mangiapane ◽  
Siglinda Perathoner

2022 ◽  
pp. 1-26
Author(s):  
Kiakisiki Quaresma Nascimento ◽  
Maria Raquel Raquel Lucas ◽  
Pedro Damião Henriques

Since 2016, STP has been funding the implementation of greenhouses, viewed as a viable way to guarantee, increase, and diversify production; supply the market; improve farmers' incomes; and mitigate climate change impacts. The greenhouses in selected districts were based on farmers' experiences in horticultural production, available agricultural area, and capacity of rural communities to organize themselves into small farmers' cooperatives. There are also private greenhouse initiatives. This chapter analyzed the current situation of the STP greenhouse project and its socioeconomic contribution to rural communities, proposing actions for its improvement, addressing climate changes and poverty reduction. Despite several weaknesses, mainly linked to lack of knowledge and mastery of technology, greenhouse production represents a viable alternative for horticulture development. Greenhouses, properly exploited, are a mechanism to mitigate climate change effects and ensure an increase in income and consequently reduce poverty and improve individual and collective living conditions.


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.


2015 ◽  
Vol 55 (4) ◽  
pp. 397-407 ◽  
Author(s):  
RAFAEL MAGNUS BARBOSA MOSER ◽  
LAURO GONZALEZ

ABSTRACTThis paper reports an empirical case study on the interface between microfinance and climate change actions. Climate change, which until recently seemed a luxury for the microfinance sector, now appears to be crucial for its future. For their low adaptive capacity, the millions of microfinance clients worldwide happen to be the most vulnerable to a changing climate. However, such an arena is still blurred from an academic viewpoint, and inexistent among Brazilian academia. Therefore, by investigating Brazil’s largest rural MFI, Agroamigo, we aim at providing an empirical contribution to green microfinance. The main conclusion is that, albeit Agroamigo offers important links to climate change initiatives, it will need to take better account of specific vulnerabilities and risks to protect its portfolio and clients better from climate change impacts.


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