scholarly journals Finance for Climate Action: Postcovid-19 Recovery Challenges

2021 ◽  
Vol 17 (2) ◽  
pp. 1-20
Author(s):  
Antonina Ivanova Boncheva
Keyword(s):  
Developing Countries ◽  
Analytical Approach ◽  
Paris Agreement ◽  
Extensive Literature ◽  
Market Theory ◽  
New Developments ◽  
Climate Action ◽  
Efficient Market Theory ◽  
Sustainable Finance ◽  
National Governments

This paper is oriented to explore the new developments in climate action financing within the framework of Just Transition. This discourse is linked to the post COVID-19 recovery and the sustainable finance agenda. The study is done through extensive literature review, combining aspects PRISMA guidelines and the Recursive Content Abstraction (RCA) analytical approach. After presenting the Just Transition framework, we analyze the provisions on financing of the Paris Agreement. Next, the financing gaps are identified with the COVID -19 impact. We pay a special attention on the debt service, the related developing countries difficulties, and the challenges for sub-national governments. Then we analyze the efficient market theory and its distortion in the time of COVID-19 crisis. Based on the topics discussed, at the end the paper presents some final remarks.

cop 25: Losing Sight of (Raising) Ambition

2020 ◽  
Vol 17 (2) ◽  
pp. 136-160
Author(s):  
Charlotte Streck ◽  
Moritz von Unger ◽  
Sandra Greiner
Keyword(s):  
Climate Change ◽  
Developing Countries ◽  
United Nations ◽  
Paris Agreement ◽  
Carbon Markets ◽  
Market Mechanisms ◽  
Political Bargaining ◽  
Climate Action ◽  
Zero Carbon ◽  
Carbon Economy

The 25th session of the Conference of the Parties (cop-25) of the United Nations Framework Convention on Climate Change (unfccc) became the longest cop on record – but yielded few results. It appears that four years after the adoption of the Paris Agreement, enthusiasm has waned and political bargaining and bean-counting have taken over. Countries, for even the slightest chance to keep temperatures ‘well below’ 2 degrees Celsius, must do much more than they have previously committed to and accelerate the shift towards a zero-carbon economy. However, the conference largely failed to heed the rallying cry of the Chilean presidency. The flagship decisions (grouped under the banner “Chile-Madrid Time for Action”) neither produced new commitments – enhancing ambition or finance for developing countries – nor new rules that would nudge countries closer to the climate action targets needed. The leftover pieces from last year’s negotiations of the “Paris Rulebook” were also not resolved, in particular the unfinished decisions on Article 6 on market- and non-market mechanisms. The procrastination shows that the new architecture of the Paris Agreement, while addressing several of the shortcomings of the Kyoto Protocol, suffers from its own weaknesses. The meager results of Madrid give reason to pause and reflect on the conditions that may hold countries back from fully embracing the Paris Agreement, but also to consider the future and nature of carbon markets and what is making the issue so difficult to resolve.

scholarly journals Financing Climate Action and the COVID-19 Pandemic: An Analysis of 17 Developing Countries

2021 ◽  
Author(s):  
Natalia Alayza ◽  
Molly Caldwell
Keyword(s):  
Developing Countries ◽  
Natural Disasters ◽  
Developed Countries ◽  
Paris Agreement ◽  
Climate Finance ◽  
Needs Assessments ◽  
Climate Action ◽  
Nationally Determined Contributions ◽  
Available Information

To meet the Paris Agreement’s long-term goals, it is crucial that developed countries support developing countries in achieving their Nationally Determined Contributions (NDCs) and mobilizing the required climate finance. For this paper, we analyzed the impacts of the COVID-19 pandemic on climate finance and climate action implementation in 17 developing countries, drawing on available information from climate-finance tracking tools, reports, and climate needs assessments. Our analysis shows a decrease in climate finance flowing to developing countries. Most of this funding took the form of loans, and developing countries have reallocated or decreased their domestic climate flows because of the high costs of responding to the pandemic. As a result, climate-related projects have been delayed. Compounding the challenge, some developing countries have had to deal with major natural disasters amid the pandemic. Improved transparency through climate-finance tracking tools could help countries more easily identify their conditional and unconditional climate needs and mobilize and deploy resources more effectively. Climate-finance availability continues to fall short of the required amount of resources to implement developing countries’ NDCs and meet the Paris Agreement goals. The COVID-19 pandemic is widening this gap. Developed countries need to strengthen their commitment to close it by increasing climate finance.

The Paris Agreement—China’s Kind of (International) Order?

2018 ◽  
Author(s):  
Daniel Krahl
Keyword(s):  
Climate Change ◽  
Developing Countries ◽  
Global Governance ◽  
World Order ◽  
Paris Agreement ◽  
Great Power ◽  
Old Order ◽  
Traditional Approaches ◽  
Emerging Powers ◽  
International Status

The Paris Agreement has turned traditional approaches to global governance upside down, using a bottom-up approach that made it possible for emerging powers like China to agree to binding emissions targets to contain climate change. It thus marks a further step away from the old order centered on Western power, and at the same time it fits well into Chinese attempts to create a post-American order that rests on great power diplomacy within a multilateral framework of cooperation that privileges developing countries. The Paris Agreement allows China to leverage the internal fight against pollution and the restructuring and upgrading of its economy for international status. That the agreement has so far survived President Trump’s announcement of America’s departure suggests that it could yet serve as a blueprint for other, future arrangements for world order that would be able to integrate a risen China.

‘Soft Law in a Hard Shell’: India, International Rulemaking and the International Solar Alliance

2021 ◽  
pp. 1-25
Author(s):  
Vyoma Jha
Keyword(s):  
Developing Countries ◽  
Leadership Role ◽  
Soft Law ◽  
Legal Form ◽  
The Social ◽  
Climate Action ◽  
Hard Shell ◽  
The Creation ◽  
State Actors ◽  
Political Economy Approach

Abstract This article examines the creation of the International Solar Alliance (ISA), a new international organization led by India and backed primarily by developing countries. Official documents and wide-ranging interviews offer insights into the treaty-making process. Using a political economy approach to the study of international law, the article analyzes politico-legal issues associated with the creation of the ISA. The legal form of the ISA is best described as ‘soft law in a hard shell’: it uses the legal infrastructure of a treaty while relying on the social structure of participating actors for its future implementation. Empirical evidence suggests that three factors explain the treaty structure of the ISA: India's leadership role in the treaty-making process, the early involvement of non-state actors, and the preference of developing countries for legal form. Ultimately, the case illustrates India's shift towards a leadership role in climate change governance, and the steady emergence of non-state actors in driving climate action.

scholarly journals Problems of the preliminary customs informing system and the introduction of the Single Window at the sea check points of the Russian Federation

2018 ◽  
Vol 239 ◽  
pp. 04004 ◽  
Author(s):  
Svetlana Maydanova ◽  
Igor Ilin
Keyword(s):  
Developing Countries ◽  
International Trade ◽  
Russian Federation ◽  
International Organizations ◽  
International Standards ◽  
Eurasian Economic Union ◽  
Check Points ◽  
The Russian Federation ◽  
Economic Union ◽  
National Governments

The Single Window concept in the international trade and logistics has been explored by international organizations and national governments over the last two decades. International standards and recommendations, government decisions on this approach are widespread today in both developed and developing countries. Similar decisions and legal acts were implemented during the last ten years by the Russian Federation, as a member of the Eurasian Economic Union. This article provides overview of the following coherent stage – the implementation of preliminary customs informing system at sea check points of the RF with concerns of the Single Window introduction.

To determine the critical factors for the adoption of cloud computing in the educational sector in developing countries – a fuzzy DEMATEL approach

Kybernetes ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Riddhi Rajendra Thavi ◽  
Vaibhav S. Narwane ◽  
Rujuta Hemal Jhaveri ◽  
Rakesh D. Raut
Keyword(s):  
Cloud Computing ◽  
Developing Countries ◽  
Influential Factors ◽  
Literature Survey ◽  
Extensive Literature ◽  
Critical Factors ◽  
Fuzzy Dematel ◽  
Learning Skills ◽  
Content Type ◽  
Practical Implications

PurposeThe paper focuses on reviewing and theorizing the factors that affect the adoption of cloud computing in the education sector narrowing the focus to developing countries such as India.Design/methodology/approachThrough an extensive literature survey, critical factors of cloud computing for education were identified. Further, the fuzzy DEMATEL approach was used to define their interrelationship and its cause and effect.FindingsA total of 17 factors were identified for the study based on the literature survey and experts' input. These factors were classified as causes and effects and ranked and interrelated. “Required Learning Skills and Attitude,” “Lack of Infrastructure,” “Learners' Ability” and “Increased Investment” are found to be the most influential factors.Practical implicationsThe resultant ranking factors can be used as a basis for managing the process of cloud adoption in several institutions. The study could guide academicians, policymakers and government authorities for the effective adoption of cloud computing in education.Originality/valueThe study investigates interdependency amongst the factors of cloud computing for education in context with developing economy. This is one of first study in higher education institutes of India.

IDB Group and Climate Action

2021 ◽  
Author(s):  
Keyword(s):  
Climate Change ◽  
Latin American ◽  
Paris Agreement ◽  
Climate Finance ◽  
Development Bank ◽  
Multilateral Development Banks ◽  
Climate Action ◽  
The Caribbean ◽  
Development Banks ◽  
Bank Group

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).

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