Leveraging Green Finance for Low-Carbon Energy, Sustainable Economic Development, and Climate Change Mitigation during the COVID-19 Pandemic

2021 ◽  
Vol 20 (0) ◽  
pp. 175 ◽  
Energies ◽  
2021 ◽  
Vol 14 (20) ◽  
pp. 6452
Author(s):  
Dalia Streimikiene ◽  
Tomas Baležentis ◽  
Artiom Volkov ◽  
Mangirdas Morkūnas ◽  
Agnė Žičkienė ◽  
...  

The paper deals with the exposition of the main barriers and drivers of renewable energy usage in rural communities. Climate change mitigation is causing governments, policymakers, and international organizations worldwide to embark on policies, leading to increased use of renewable energy sources and improvement of energy efficiency. Climate change mitigation actions, including the Green Deal strategy in the EU, require satisfying the expanding energy demand and complying with the environmental restrictions. At the same time, the prevailing market structure and infrastructure relevant to the energy systems are undergoing a crucial transformation. Specifically, there has been a shift from centralized to more decentralized and interactive energy systems that are accompanied by a low-carbon energy transition. Smart Grid technology and other innovations in the area of renewable energy microgeneration technologies have enabled changes in terms of the roles of energy users: they can act as prosumers that are producing and consuming energy at the same time. Renewable energy generation that is allowing for deeper involvement of the citizens may render higher social acceptance, which, in turn, fuels the low-carbon energy transition. The collective energy prosumption in the form of energy cooperatives has become a widespread form of renewable energy initiatives in rural communities. Even though renewable energy consumption provides a lot of benefits and opportunities for rural communities, the fast penetration of renewables and energy prosumption encounter several important barriers in the rural areas. This paper analyses the main barriers and drivers of renewable energy initiatives in rural areas and provides policy implications for the low-carbon energy transition in rural areas.


Futures ◽  
2017 ◽  
Vol 93 ◽  
pp. 14-26 ◽  
Author(s):  
Alejandra Elizondo ◽  
Vanessa Pérez-Cirera ◽  
Alexandre Strapasson ◽  
José Carlos Fernández ◽  
Diego Cruz-Cano

2020 ◽  
Vol 5 (1) ◽  
pp. 47-58
Author(s):  
Didem Gunes Yilmaz ◽  

Paris Agreement of December 2015 was the last official initiative led by the United Nations (UN) as the driver of climate change mitigation. Climate change was hence linked with an increase in the occurrence of natural hazards. A variety of initiatives were consequently adopted under different themes such as sustainable cities, climate-friendly development and low-carbon cities. However, most of the initiatives targeted by global cities with urban areas being the focus in terms of taking action against global warming issues. This is due to the structural and environmental features of cities characterized by being populated, as such, they not only generate a large number of carbon emissions but also happens to be the biggest consumer of natural resources. In turn, they create a microclimate, which contributes to climate change. Masdar City, for example, was designed as the first fully sustainable urban area, which replaced fuel-based energy with the electric-based energy. China, as another example, introduced the Sponge Cities action, a method of urban water management to mitigate against flooding. Consequently, architects and urban planners are urged to conform to the proposals that would mitigate global warming. This paper, as a result, examines some of the models that have been internationally adopted and thereafter provide the recommendations that can be implemented in large urban areas in Turkey, primarily in Istanbul.


Author(s):  
Basanta K. Pradhan ◽  
Joydeep Ghosh

This paper compares the effects of a global carbon tax and a global emissions trading regime on India using a dynamic CGE framework. The sensitivity of the results to the value of a crucial elasticity parameter is also analysed. The results suggest that the choice of the mitigation policy is relatively unimportant from an efficiency perspective. However, the choice of the mitigation policy and the value of the substitution elasticity between value added and energy were found to be important determinants of welfare effects. Global climate change mitigation policies have the potential for promoting low carbon and inclusive growth in India.


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