scholarly journals The Cybernetic System of the Global Economy with Influences of Climate Change on the Evolution of IT

2021 ◽  
Vol 55 (1/2021) ◽  
pp. 23-40
Author(s):  
BALACIAN DELIA ◽  
SCARLAT EMIL
Keyword(s):  
Climate Change ◽  
Global Economy ◽  
Cybernetic System

What we can learn from the parallels between the COVID-19 and the future climate change crises

2020 ◽  
Author(s):  
Rubén D. Manzanedo ◽  
Peter Manning
Keyword(s):  
Climate Change ◽  
Global Economy ◽  
Global Climate ◽  
Future Climate Change ◽  
Substantial Portion ◽  
Preventative Measures ◽  
The Future ◽  
Behavioral Norm ◽  
Climate Crisis ◽  
Global Population

The ongoing COVID-19 outbreak pandemic is now a global crisis. It has caused 1.6+ million confirmed cases and 100 000+ deaths at the time of writing and triggered unprecedented preventative measures that have put a substantial portion of the global population under confinement, imposed isolation, and established ‘social distancing’ as a new global behavioral norm. The COVID-19 crisis has affected all aspects of everyday life and work, while also threatening the health of the global economy. This crisis offers also an unprecedented view of what the global climate crisis may look like. In fact, some of the parallels between the COVID-19 crisis and what we expect from the looming global climate emergency are remarkable. Reflecting upon the most challenging aspects of today’s crisis and how they compare with those expected from the climate change emergency may help us better prepare for the future.

scholarly journals Post COVID-19 Recovery and 2050 Climate Change Targets: Changing the Emphasis from Promotion of Renewables to Mandated Curtailment of Fossil Fuels in the EU Policies

Energies ◽  
2021 ◽  
Vol 14 (5) ◽  
pp. 1347
Author(s):  
Kyriakos Maniatis ◽  
David Chiaramonti ◽  
Eric van den Heuvel
Keyword(s):  
Climate Change ◽  
European Union ◽  
Renewable Energy ◽  
Global Economy ◽  
Fossil Fuels ◽  
Global Climate ◽  
Renewable Energy Sources ◽  
Climate Change Policy ◽  
Climate Impacts ◽  
The European Union

The present work considers the dramatic changes the COVID-19 pandemic has brought to the global economy, with particular emphasis on energy. Focusing on the European Union, the article discusses the opportunities policy makers can implement to reduce the climate impacts and achieve the Paris Agreement 2050 targets. The analysis specifically looks at the fossil fuels industry and the future of the fossil sector post COVID-19 pandemic. The analysis first revises the fossil fuel sector, and then considers the need for a shift of the global climate change policy from promoting the deployment of renewable energy sources to curtailing the use of fossil fuels. This will be a change to the current global approach, from a relative passive one to a strategically dynamic and proactive one. Such a curtailment should be based on actual volumes of fossil fuels used and not on percentages. Finally, conclusions are preliminary applied to the European Union policies for net zero by 2050 based on a two-fold strategy: continuing and reinforcing the implementation of the Renewable Energy Directive to 2035, while adopting a new directive for fixed and over time increasing curtailment of fossils as of 2025 until 2050.

scholarly journals Trade, Climate and Energy: A New Study on Climate Action through Free Trade Agreements

Energies ◽  
2021 ◽  
Vol 14 (14) ◽  
pp. 4363
Author(s):  
Christopher M. Dent
Keyword(s):  
Climate Change ◽  
Free Trade ◽  
Global Economy ◽  
International Political Economy ◽  
Positive Impact ◽  
Free Trade Agreements ◽  
Primary Source ◽  
Trade Agreements ◽  
Climate Action ◽  
Trade Partners

Efforts to tackle climate change are taking place on multiple fronts. This includes trade, an increasingly important defining feature of the global economy. In recent years, free trade agreements (FTAs) have become the primary mechanism of trade policy and diplomacy. This study examines the development of climate action measures in FTAs and discusses what difference they can make to tackling climate change. Its primary source research is based on an in-depth examination of FTAs in force up to 2020. This paper is structured around a number of research questions forming around three main inter-related areas of enquiry. Firstly, to what extent are these provisions in FTAs essentially derivative of energy’s connections with climate change, and thus part of a wider trade–climate–energy nexus? Secondly, what kinds of climate action are FTAs specifically promoting, and how effective a potential positive impact may we expect these to have? Thirdly, are certain climate action norms being promoted by trade partners in FTAs and if so, then who are the norm leaders, what is motivating them, and to what extent are they extending their influence over other trade partners? In addressing these questions, this study offers new insights and analysis regarding a potentially important emerging trend in the trade–climate–energy nexus. Its international political economy approach and latest empirical research also provide a further distinctive contribution to knowledge in this inter-disciplinary area, developing new comprehensions of the relationship between trade, climate action and energy.

scholarly journals Over the horizon: Exploring the conditions of a post-growth world

2018 ◽  
Vol 6 (1-2) ◽  
pp. 117-141 ◽  
Author(s):  
Timothy Crownshaw ◽  
Caitlin Morgan ◽  
Alison Adams ◽  
Martin Sers ◽  
Natália Britto dos Santos ◽  
...  
Keyword(s):  
Climate Change ◽  
Global Economy ◽  
Growth Conditions ◽  
Ecological Impacts ◽  
Paradigm Change ◽  
Limits To Growth ◽  
Economic Discourse ◽  
Natural Systems ◽  
Steady Growth ◽  
Economic Paradigm

Maintaining steady growth remains the central goal of economic policy in most nations. However, as evidenced by the advent of the Anthropocene, the global economy has expanded to a point where limits to growth are appearing. Facing the end of growth requires a careful re-examination of plausible future conditions. We draw on a diverse literature to present an interdisciplinary exploration of post-growth conditions in the areas of climate change, ecological impacts, governance, and education, finding that such conditions may invalidate many prevalent assumptions regarding the future. The post-growth world, while subject to significant uncertainty and heterogeneity, will be characterized by profound hazards and discontinuities for both human and natural systems. Furthermore, we argue that an economic paradigm change will be predicated on an involuntary and unplanned cessation of growth. This implies a necessary strategic expansion of the heterodox economic discourse to formulate appropriate responses in view of likely post-growth realities.

scholarly journals Global economy interacts with climate change to jeopardize species conservation: the case of the greater flamingo in the Mediterranean and West Africa

2011 ◽  
Vol 39 (1) ◽  
pp. 1-3 ◽  
Author(s):  
ARNAUD BÉCHET ◽  
MANUEL RENDÓN-MARTOS ◽  
MIGUEL ÁNGEL RENDÓN ◽  
JUAN AGUILAR AMAT ◽  
ALAN R. JOHNSON ◽  
...  
Keyword(s):  
Climate Change ◽  
Global Economy ◽  
World Economy ◽  
Species Conservation ◽  
Price Volatility ◽  
Economic Activities ◽  
Anthropogenic Habitats ◽  
Recent Financial Crisis ◽  
Economic Use

The conservation of many species depends on sustainable economic activities that shape their habitats. The economic use of these anthropogenic habitats may change quickly owing to world trade globalization, market reorientations, price volatility or shifts in subsidy policies. The recent financial crisis has produced a global impact on the world economy. How this may have affected the use of habitats beneficial to biodiversity has not yet been documented. However, consequences could be particularly acute for species sensitive to climate change, jeopardizing long-term conservation efforts.

A General Approach for Financial Quantification of Climate Change Risk for Enterprises

2022 ◽  
pp. 273-308
Author(s):  
Mahesh Gangaram Kanak ◽  
Sunita Purushottam
Keyword(s):  
Climate Change ◽  
Global Economy ◽  
Task Force ◽  
Manufacturing Sector ◽  
Climate Change Risk ◽  
Climate Action ◽  
Financial Disclosures ◽  
Development Goals ◽  
Climatic Impacts ◽  
Tackle Climate Change

Climate change is a major risk for the global economy. Increased frequency of climatic events coupled with unsustainable economic development without considering environmental & social aspects has resulted in runaway climatic impacts. It became evident for all stakeholders to work in unison; which led to formation of Task force on climate-related financial disclosures (TCFD). Financial quantification of climate risk is a new area to be explored & could be an effective measure to tackle climate change. This chapter provides a general approach for financial quantification of climate change risk for businesses to understand & prioritize climate action. Though the approach is limited to the manufacturing sector, it can be used with some modifications for other sectors. It will help find impacts that climate change could pose to supply chain using various tools & evaluation of its usefulness. As 'Climate Action' is part of Sustainable Development Goals; it will be useful to understand how integrating TCFD could help enterprises tackle climate change by localizing SDG-13 into their businesses.

scholarly journals Treatment of International Economic Trade in Intergovernmental Panel on Climate Change (IPCC) Reports

2020 ◽  
Vol 6 (4) ◽  
pp. 155-165
Author(s):  
Jackie Dawson ◽  
Jean Holloway ◽  
Nathan Debortoli ◽  
Elisabeth Gilmore
Keyword(s):  
Climate Change ◽  
International Trade ◽  
Working Group ◽  
Global Economy ◽  
Climate Impacts ◽  
Climate Mitigation ◽  
Economic Sectors ◽  
Intergovernmental Panel ◽  
Cascading Effects ◽  
Trade Offs

Abstract Purpose of the Review Climate change presents significant risks to the international trade and supply chain systems with potentially profound and cascading effects for the global economy. A robust international trade system may also be central to managing future climate risks. Here, we assess the treatment (or lack thereof) of trade in a selection of recent Intergovernmental Panel on Climate Change (IPCC) assessment and special reports using a quantitative text analysis. IPCC reports are considered the preeminent source of relevant climate change information and underpin international climate change negotiations. Study Findings Results show that international trade has not had substantial coverage in recent IPCC assessments. Relevant keywords associated with trade appear in very limited ways, generally in relation to the words “product” and “transport.” These keywords are often referring to emissions associated with transportation and the movement of food and global food systems. The influence of trade is given larger consideration with respect to the costs and trade-offs of climate mitigation policies, especially the interactions with food availability, that appear in Working Group III reports compared with the risks to trade from climate change impacts in Working Group II. Trade in relation to other economic sectors is largely absent as well as risks from potential climate-related trade disruption. There is almost no treatment of the potential impacts, risks, and adaptation strategies to manage the climate related-implications for international trade. Recommendations Given the importance of trade to economic growth, we recommend that additional attention be paid to trade and related economic issues in future IPCC assessment and special reports, specifically on the interactions of climate impacts and risks on trade and the potential for trade to moderate these risks. To achieve this, there must be efforts to increase the base of scientific literature focused on climate change and international trade as well as increased effort made among IPCC lead authors to review trade literature that may lie outside conventional climate change scholarship.

scholarly journals Impacts of climate mitigation strategies in the energy sector on global land use and carbon balance

2016 ◽  
Author(s):  
Kerstin Engström ◽  
Mats Lindeskog ◽  
Stefan Olin ◽  
John Hassler ◽  
Benjamin Smith
Keyword(s):  
Climate Change ◽  
Land Use ◽  
Carbon Balance ◽  
Global Economy ◽  
Fossil Fuels ◽  
Carbon Tax ◽  
Mitigation Strategy ◽  
Mitigation Strategies ◽  
Terrestrial Biosphere ◽  
Global Carbon

Abstract. Reducing greenhouse gas emissions to limit climate change-induced damage to the global economy and secure the livelihoods of future generations requires ambitious mitigation strategies. The introduction of a global carbon tax on fossil fuels is tested here as a mitigation strategy to reduce atmospheric CO2 concentrations and radiative forcing. Taxation of fossil fuels potentially leads to changed composition of energy sources, including a larger relative contribution from bioenergy. Further, the introduction of a mitigation strategy reduces climate change-induced damage to the global economy, and thus can indirectly affect consumption patterns and investments in agricultural technologies and yield enhancement. Here we assess the implications of changes in bioenergy demand as well as the indirectly caused changes in consumption and crop yields for global and national cropland area and terrestrial biosphere carbon balance. We apply a novel integrated assessment modelling framework, combining a climate-economy model, a socio-economic land-use model and an ecosystem model. We develop reference and mitigation scenarios based on the Shared Socio-economic Pathways (SSPs) framework. Taking emissions from the land-use sector into account, we find that the introduction of a global carbon tax on the fossil fuel sector is an effective mitigation strategy only for scenarios with low population development and strong sustainability criteria (SSP1 "Taking the green road"). For scenarios with high population growth, low technological development and bioenergy production the high demand for cropland causes the terrestrial biosphere to switch from being a carbon sink to a source by the end of the 21st century.

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