Establishing a Roadmap for the Low-Carbon Transformation of the Dominating Socio-Economic Systems. A Review of the Mechanism Proposed in Article 6 of the Paris Agreement

Author(s):  
Michele Stua
Author(s):  
XINRU LI ◽  
XUEMEI JIANG ◽  
YAN XIA

Focusing on the mitigation responsibilities and efforts, this paper provides a unified estimation of allowable emission quotas for a number of Asian economies to limit the global temperature rise well below 2°C based on a range of effort-sharing approaches. The study also explores the inconsistency between their planned emission pathways under the Nationally Determined Contributions (NDCs) and the allowable emissions to achieve the 2°C target. The results show that most of the Asian developing economies would be in favor of the Equal-Per-Capita and Grandfather criteria, for which they would obtain more allowable emissions quota. However, even with the most favorable criterion, official mitigation pledges represented by NDCs are far less enough for these developing Asian economies such as China, India, Vietnam, Thailand and Pakistan, as their emission pathways under NDCs significantly exceed the ideal pathways under all effort-sharing approaches. In contrast, most of the Asian developed economies have already planned reductions of annual CO2 emissions under NDCs, in line with their ideal pathways under the most favorable effort-sharing approach. However, their reductions of emissions require deep strengthening of deployment in low-carbon, zero-carbon and negative-carbon techniques, given the current growing trend of emissions for these economies.


2021 ◽  
Author(s):  
Giovanni Leo Frisari ◽  
Max Messervy

Despite the significant challenges in mobilizing investors resources towards sustainable infrasctrure investments in Latin America and the Carribbean, an investment opportunity in low carbon and resilient assets exists and represents a critical step towards a sustainable economic recovery from the financial duress due to the COVID-19 pandemic and its impacts on health and economic systems of the region. This papers contribuition is two-fold: it attempts to estimate and size an ideal sustainable investable pipeline accross the region generated by several policies promoting public-private-partnerships (PPP) in the transport and energy sectors. Then it identifies and details different investment strategies and financial instruments available to institutional investors to invest in the region while mitigating the risks they perceived and hinder the mobilization of their resources. Such strategies discussed in the paper include: joint ventures with local counterparties, direct and active investments in the national markets, and/or access to markets via partnerships with development financial institutions.


2018 ◽  
Vol 10 (12) ◽  
pp. 4657 ◽  
Author(s):  
Tzu-Yu Lin ◽  
Sheng-Hsiung Chiu

In the 13th Five-Year Plan, the Chinese government declared that one of the sustainable policy priorities is improving the energy supply composition in order to reduce greenhouse gas emissions. In accordance with the Plan, the Guangdong government subsequently planned to invest in low-carbon energy infrastructure from 2016 to 2020. Using data from Guangdong province and other regions in China for 2007–2016, we propose a two-stage network data envelopment analysis (Network DEA) model to examine the sustainable performance of the Chinese regional/provincial economic system. We postulated that the less sustainable performance of Chinese regional economic systems may be attributed to lower energy productivity performance. However, we found that increased governmental and industrial spending on electricity mix improvement by building new low-carbon power plants created momentum in Guangdong’s economic growth, which experienced an annual rise of roughly 1.16%. Finally, the results from the two-stage Network DEA model showed that Guangdong fared better than other provinces with respect to sustainable performance. Investment in low-carbon energy infrastructure is not only a measure to combat CO2 emission, but could act as the driving force of regional economic systems.


2018 ◽  
Vol 236 ◽  
pp. 1175-1196 ◽  
Author(s):  
Sam Geall ◽  
Adrian Ely

AbstractSince the United States committed to withdraw from the UN Paris Agreement on climate change, international observers have increasingly asked if China can take the lead instead to raise global ambition in the context of a world leadership vacuum. Given the country's increasing economic and strategic focus on sustainable and low-carbon innovation, China might seem well placed to do so. However, much depends on the direction of governance and reform within China regarding the environment. To better understand how the government is seeking to make progress in these areas, this article explores key political narratives that have underpinned China's policies around sustainable development (kechixu fazhan) and innovation (chuangxin) within the context of broader narratives of reform. Drawing on theoretical insights from work that investigates the role of power in shaping narratives, knowledge and action around specific pathways to sustainability, this article explores the ways in which dominant policy narratives in China might drive particular forms of innovation for sustainability and potentially occlude or constrain others. In particular, we look at ecological civilization (shengtai wenming) as a slogan that has gradually evolved to become an official narrative and is likely to influence pathways to sustainability over the coming years.


2021 ◽  
Vol 95 ◽  
pp. 105137
Author(s):  
Sheng Zhou ◽  
Qing Tong ◽  
Xunzhang Pan ◽  
Min Cao ◽  
Hailin Wang ◽  
...  

Author(s):  
Geoffrey Heal

Ozone depletion and acid rain are problems that have some similarity to climate change – both are caused by the emission of gases that circulate widely, though neither has the scope and scale of the climate problem. But it is encouraging that both problems are well en route to solution. Our main institutions for addressing climate change are the IPCC (Intergovernmental Panel on Climate Change) and the UFCCC (United Nations Framework Convention on Climate Change), with the latter producing the Kyoto Protocol in 1997 and the 2015 Paris Agreement. Cap and Trade and regulatory policies have been used more widely than any others for tackling the climate problem so far. Replacement of fossil fuels by low-carbon energy technologies offers the greatest hope for a complete solution, and is within sight: policies need to be focused on making this a reality.


2017 ◽  
Vol 05 (03) ◽  
pp. 1750019
Author(s):  
Jiahua PAN

There is a long and difficult way ahead of the implementation of the 2030 Agenda for Sustainable Development and the Paris Agreement. Human society needs to move fast and far on the road. Sustainable development can hardly be achieved by ostensible “reforms” and “transitions”. The only possible way is to upgrade and transform the industrial civilization to ecological civilization, in which man and nature, and man and society are in harmony, in an all-round and in-depth way. To preserve nature and improve the eco-environment is in essence to protect and boost productivity. The value of nature and ecological assets must be reflected in the System of National Accounts in a scientific and objective way. The lifestyle in developed countries and production mode in the developing world must be transformed. So far a global agenda for sustainable development has been in position, and China has obtained remarkable achievements in the construction of ecological civilization and low-carbon transformation. To realize the targets set in the Paris Agreement, institutional innovation and international cooperation prove essential.


2020 ◽  
pp. 004728752093367 ◽  
Author(s):  
Stefan Gössling ◽  
James Higham

To stay within the safe boundaries of global warming, the world now has 30 years to decarbonize its economy. This represents a very significant challenge for tourism as a growth system. Much attention has been paid to different tourism subsectors such as aviation, accommodation, and activities to reduce emissions, mostly on the basis of (future) technology. However, the Paris Agreement demands immediate action and significant year-on-year progress on a zero-carbon trajectory. This article discusses destination management under the new low-carbon imperative. It analyses challenges, including economic viability and resilience, that have also gained importance in light of the COVID-19 pandemic, and explores opportunities for better profitability on the basis of a leakage/spending value dichotomy proposition. The final section highlights the foremost role that destination managers must play in building prosperous and resilient low-carbon tourism destination systems and discusses the key insights for destination managers.


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