scholarly journals Resilience Dividends and Resilience Windfalls: Narratives That Tie Disaster Resilience Co-Benefits to Long-Term Sustainability

2021 ◽  
Vol 13 (8) ◽  
pp. 4554
Author(s):  
Jennifer Helgeson ◽  
Cheyney O’Fallon
Keyword(s):  
Sustainable Development ◽  
Global Climate ◽  
Research Question ◽  
Policy Implications ◽  
Disaster Resilience ◽  
Climate Agreements ◽  
Investment Projects ◽  
Climate Risks ◽  
Trade Offs

The need for increased disaster resilience planning, especially at the community level, as well as the need to address sustainability are clear; these dual objectives have been deemed national priorities in a number of recent US Executive Orders. Major global climate agreements, (i.e., the Sendai Framework for Disaster Risk Reduction, Paris Climate Agreement, and the Sustainable Development Goals) all emphasize the need to integrate disaster resilience and climate risks with continued sustainable development concerns. Current ways of assessing synergies and trade-offs across planning for disaster resilience and sustainability in investment projects that impact communities are limited. The driving research question in this paper is how researchers and practitioners may better express relative categories of co-benefits to meet this need. We draw upon the categorization of some co-benefits as contributing to the resilience dividend, which has helped communication across fields and created bridges from research to practical on-the-ground planning in recent years. Furthermore, we leverage the growing focus on the need to recognize the role of narratives in driving decisions about how and where to invest, which elucidates the inherent value of archetypes that resonate across stakeholders and disciplines to describe investments that may meet multiple objectives. We introduce the concept of a resilience windfall as an unexpected or sudden gain or advantage of resilience planning to be conceptualized alongside resilience dividends. We then assess the practicality of decerning resilience windfalls across various projects that have aspects of both resilience and sustainability. We recount five narrative vignettes that demonstrate disaster resilience interventions and associated resilience dividends and windfalls. This effort highlights the importance of considering resilience dividends and resilience windfalls during the planning, execution, and evaluation phases of disaster resilience projects. These typologies provide an important contribution to the integration agenda between disaster resilience, climate risks, and sustainable development. There are policy implications of framing incentives for interventions that address both disaster resilience and long-term sustainability objectives as well as encouraging robust tracking of both resilience dividends and windfalls.

Climate Risk Management

2021 ◽  
Vol 49 (1) ◽  
pp. 95-116
Author(s):  
Klaus Keller ◽  
Casey Helgeson ◽  
Vivek Srikrishnan
Keyword(s):  
Risk Management ◽  
Global Climate ◽  
Management Strategies ◽  
Basic Research ◽  
Climate Risk ◽  
Climate Risks ◽  
Trade Offs ◽  
Climate Risk Management ◽  
Risk Management Strategies ◽  
Implementing Strategies

Accelerating global climate change drives new climate risks. People around the world are researching, designing, and implementing strategies to manage these risks. Identifying and implementing sound climate risk management strategies poses nontrivial challenges including ( a) linking the required disciplines, ( b) identifying relevant values and objectives, ( c) identifying and quantifying important uncertainties, ( d) resolving interactions between decision levers and the system dynamics, ( e) quantifying the trade-offs between diverse values under deep and dynamic uncertainties, ( f) communicating to inform decisions, and ( g) learning from the decision-making needs to inform research design. Here we review these challenges and avenues to overcome them. ▪  People and institutions are confronted with emerging and dynamic climate risks. ▪  Stakeholder values are central to defining the decision problem. ▪  Mission-oriented basic research helps to improve the design of climate risk management strategies.

scholarly journals Synergies and Trade-Offs Between Sustainable Development and Energy Performance of Exterior Lighting

Energies ◽  
2020 ◽  
Vol 13 (9) ◽  
pp. 2245 ◽  
Author(s):  
Annika K. Jägerbrand
Keyword(s):  
Decision Making ◽  
Energy Efficiency ◽  
Sustainable Development ◽  
Energy Savings ◽  
Global Climate ◽  
Ecological Impact ◽  
Energy Performance ◽  
Positive Interactions ◽  
Systematic Analysis ◽  
Trade Offs

The aim of this review was to map synergies and trade-offs between sustainable development and energy efficiency and savings regarding exterior lighting. Exterior lighting, such as public road and street lighting, requires significant amounts of energy and hinders sustainable development through its increasing of light pollution, ecological impact, and global climate change. Interlinkages between indicators in sustainability and energy that have positive interactions will lead to a mutual reinforcement in the decision-making process, and vice versa, interlinkages between trade-offs may lead to unwanted and conflicting effects. Very few studies have presented a clear vision of how exterior lighting should be contributing to, and not counteracting, the sustainable development of our planet. This study was conducted through a theoretical and systematic analysis that examined the interactions between sustainable development and energy performance based on a framework using indicators and variables, and by reviewing the current literature. Additionally, 17 indicators of energy efficiency and energy savings were identified and used in the analysis. Most interactions between variables for sustainable development and energy performance (52%) were found to be synergistic. The synergistic interactions were mostly found (71%) in the ecological and environmental dimension showing that environmental and ecological sustainability goes hand in hand with energy efficiency and savings. Trade-offs were found only in the economic and social dimensions accounting for 18% of the interactions identified. This review shows that the interactions between sustainable development and energy performance can be used to establish more efficient policies for decision-making processes regarding exterior lighting.

scholarly journals Coupling Relationship Analysis between Quality Infrastructure and Ecological Environment Quality for Policy Implications

2020 ◽  
Vol 17 (20) ◽  
pp. 7611
Author(s):  
Jing Shen ◽  
Yang Zhang ◽  
Benhai Guo ◽  
Suli Zheng
Keyword(s):  
Sustainable Development ◽  
Policy Implications ◽  
Ecological Environment ◽  
Critical Element ◽  
High Quality ◽  
Relationship Analysis ◽  
Environment Quality ◽  
Coupling Relationship ◽  
Quality Infrastructure

Long-term improvement of ecological environment quality (EEQ) is a hotspot and urgent topic in the context of high-quality and sustainable development. It is urgent to look for methods that could support EEQ improvement in a high-quality and sustainable way. Owing to its natural supporting and guaranteeing functions for enhancing quality, quality infrastructure (QI) is a fundamental and critical element in promoting EEQ, but a neglected one. In this paper, we analyzed the coupling structure between QI and EEQ and applied an improved coupling model to recognize contributed and weakened indicators that affected the coupling relationship. We also examined this coupling relationship in the Yangtze River Delta (YRD) from 2012 to 2017, which proved the current situation where QI construction cannot satisfy the practical needs of EEQ improvement. Results showed that the important supporting role of QI in EEQ improvement should be valued for long-term sustainable development. Meanwhile, equilibrium and consistency of indicators in the QI and EEQ systems determined the coupling state. EEQ improvement countermeasures were also provided according to the coupling relationship analysis results. This study provided a scientific basis and guidance for EEQ improvement and sustainable development.

Islamic finance merging public finance within public–private partnership

2020 ◽  
Vol 13 (4) ◽  
pp. 579-592
Author(s):  
Hanna Kociemska
Keyword(s):  
Public Finance ◽  
Social Justice ◽  
Deductive Reasoning ◽  
Moral Economy ◽  
Private Investment ◽  
Content Type ◽  
Investment Projects ◽  
Trade Offs ◽  
Profit Maximisation

Purpose This paper aims to describe cooperation between public and private market players from different legal and religious orders. The author argues that such public–private partnerships (PPPs) enable the development of a possible convergence between selected areas of mainstream public finance and the Islamic moral economy (IME). Design/methodology/approach This paper explores the theory of both mainstream finance and the IME, and using deductive reasoning from axioms, develops the assumptions of a theoretical approach to heterodox PPP. The proposed method affects the ability to find common platforms between mainstream public finance and the IME, through the example of public–private investment projects. Findings This endeavour is subject to trade-offs between profit maximisation and social justice values on the basis of long-term PPP contracts. The author shows the assumptions under which this compromise would be beneficial to public entities, multicultural societies and conventional and Islamic investors. It is proposed to distribute profit to the owners up to a predetermined value, above which the PPPs would finance public services for persons otherwise excluded from them. Originality/value The success of this approach must depend on a compromise between profit maximisation as the sole investment objective and investment guided by social justice values. Private investors can achieve a capped level of profit on a long-term contract basis, and public partners can obtain long-term contracts for providing public goods. Both would undertake a project with a strong emphasis on corporate social responsibility, with particularly large opportunities in developing Islamic countries.

scholarly journals A Software Tool for a Stochastic Life Cycle Assessment and Costing of Buildings’ Energy Efficiency Measures

2021 ◽  
Vol 13 (14) ◽  
pp. 7975
Author(s):  
Edoardo Baldoni ◽  
Silvia Coderoni ◽  
Elisa Di Giuseppe ◽  
Marco D’Orazio ◽  
Roberto Esposti ◽  
...  
Keyword(s):  
Energy Efficiency ◽  
Life Cycle Assessment ◽  
Life Cycle ◽  
Environmental Performance ◽  
Software Tool ◽  
Investment Projects ◽  
Trade Offs ◽  
Efficiency Measures ◽  
Support Decision Making

This article presents a novel software tool for the assessments of life-cycle environmental impacts and costs, which is aimed to support decision-making in the design phase of retrofit interventions in the building sector. By combining Life Cycle Costing (LCC) and Life Cycle Assessment (LCA) calculations and functionalities, this tool allows evaluating the long-term trade-offs between economic and environmental performance of investment projects in energy efficiency for buildings, while accounting for uncertainties in input parameters and economic scenarios. A major novelty of the software tool is the stochastic nature of both the LCC and LCA dimensions. The LCA is implemented with Monte-Carlo methods, while the LCC accounts for the probabilistic interdependence of macroeconomic variables over time. The software also includes advanced specific tools for parametrization and sensitivity analysis. Exemplary applications are presented in order to illustrate the novelty and the functionalities of the software tool.

scholarly journals “If Equity's In, We're Out”: Scope for Fairness in the Next Global Climate Agreement

2012 ◽  
Vol 26 (4) ◽  
pp. 423-443 ◽  
Author(s):  
Jonathan Pickering ◽  
Steve Vanderheiden ◽  
Seumas Miller
Keyword(s):  
Climate Change ◽  
Developing Countries ◽  
Global Climate ◽  
Critical Question ◽  
Climate Agreements ◽  
Binary Approach ◽  
Feasibility Constraints ◽  
Mitigation Effort ◽  
Dangerous Climate Change

At the United Nations climate change conference in 2011, parties decided to launch the “Durban Platform” to work towards a new long-term climate agreement. The decision was notable for the absence of any reference to “equity,” a prominent principle in all previous major climate agreements. Wealthy countries resisted the inclusion of equity on the grounds that the term had become too closely yoked to developing countries' favored conception of equity. This conception, according to wealthy countries, exempts developing countries from making commitments that are stringent enough for the collective effort needed to avoid dangerous climate change. In circumstances where even mentioning the term equity has become problematic, a critical question is whether the possibility for a fair agreement is being squeezed out of negotiations. To address this question we set out a conceptual framework for normative theorizing about fairness in international negotiations, accompanied by a set of minimal standards of fairness and plausible feasibility constraints for sharing the global climate change mitigation effort. We argue that a fair and feasible agreement may be reached by (1) reforming the current binary approach to differentiating developed and developing country groups, in tandem with (2) introducing a more principled approach to differentiating the mitigation commitments of individual countries. These two priorities may provide the basis for a principled bargain between developed and developing countries that safeguards the opportunity to avoid dangerous climate change without sacrificing widely acceptable conceptions of equity.

scholarly journals The Role of Marketing in Shaping the Development of the Market of Organic Farming Products in Poland

2020 ◽  
Vol 13 (1) ◽  
pp. 130
Author(s):  
Magdalena Sobocińska ◽  
Krystyna Mazurek-Łopacińska ◽  
Stanisław Skowron ◽  
Andrzej Graczyk ◽  
Karol Kociszewski
Keyword(s):  
Sustainable Development ◽  
Organic Farming ◽  
Natural Environment ◽  
Research Question ◽  
Life Cycles ◽  
Research Results ◽  
Dominant Market Position ◽  
Main Factors

The natural environment is one of the areas of sustainable development. The implementation of the goals of sustainable development is associated with the creation of conditions supporting ecological behaviours as well as the greening of consumption. It cannot be ignored that the implementation of behavioural marketing concepts contributed to the development of excessive consumerism, whereas the use of marketing innovations by enterprises with high strategic potential and dominant market position often translated into shortening product life cycles. In this context, there arises a research question concerning the role that marketing has to perform nowadays, and the challenges to its concept, resulting from sustainable development. The paper is based on literature studies and the results of an empirical research that was performed on a sample of 140 entities shaping the offer of organic farming products in Poland. The study included both organic farming entities and entities dealing with the distribution of organic farming products in Poland. The goal of the paper is to show the role of marketing as a multi-paradigmatic concept in shaping the development of the market of organic farming products in Poland. The analysis of the research results aimed at identifying the reasons for introducing organic farming products by distributors into their offer, as well as showing the nature of the relationships between producers and distributors of organic farming products in Poland. The analysis of the research results shows that the relationships between producers and distributors of organic farming products in Poland are perceived by both parties as long-term and based on trust. Special attention is also paid to the hierarchy of factors stimulating the development of sales of organic farming products in Poland. Identification of stimulants for the development of the market of organic farming products indicates the great importance of marketing in this area because the main factors of development of this market are of marketing nature or are inherently related to marketing.

scholarly journals Interrelation between the Choice of Investment Trend and Subsequent Economic Results and Strategy of Sustainable Development in Organization

2021 ◽  
pp. 56-65
Author(s):  
E. U. Ganshina ◽  
I. L. Smirnova ◽  
S P. Ivanova
Keyword(s):  
Sustainable Development ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Investment Projects ◽  
Industrial Organizations ◽  
Innovation Model ◽  
Corporate Social ◽  
Technological Opportunities ◽  
The Impact

The topic of making investment and choosing the most effective trends of investing money is becoming more acute for today’s organizations due to numerous crisis economic events and accompanying difficulties with capital reproduction. In researching options of investment special attention is paid to strategic aspects of alternative financial and technological opportunities of putting in resources and forecasting the horizon of recovery of the investment. Apart from this, the research interest is aroused by the impact of basic lines of enterprises’ investment on the level of their economic results together with trends of providing long-term sustainable development. The authors analyzed cases of the biggest Russian industrial organizations, identified correlation between investment flows within the frames of the organization and the effect of investment on the basis of consolidated accounting of these companies. The article analyzes some investment projects of the NMLK Group and the PAO Sibur, for instance, introduction of innovation model of making forecast concerning breaking-down of critical equipment and the system of corporate social responsibility. The authors made recommendations on prioritization of aspects of socially important trends of investment for today’s big companies, which could lead to raising efficiency of organizations’ work and thus to principles of sustainable development

scholarly journals A Look at Global Climate Change Through Papal Encyclicals

2017 ◽  
Vol 24 (1) ◽  
pp. 53-65
Author(s):  
Małgorzata Gutry-Korycka
Keyword(s):  
Climate Change ◽  
Sustainable Development ◽  
Global Climate Change ◽  
Global Climate ◽  
Global Environmental Change ◽  
Anthropogenic Activity ◽  
Comprehensive Review ◽  
Global Environmental ◽  
The Relationship

Abstract The aim of this article is a comprehensive review of Papal Encyclicals in the context of global environmental and climatic change, against the backdrop of the activity of multinational institutions. The Encyclicals look to the future in teaching the faithful, in a manner which indicates that they are part of a goal-oriented policy, both in terms of scientific research, and concrete economic, social, and geopolitical activity. Attention has also been paid to the relationship between the activity of humankind, and global environmental change, particularly of the biotic and climatic variety. If this aggressive anthropogenic activity cannot be deemed responsible for initiating global warming, it may certainly be seen to have “encouraged” it. The impulses behind sustainable development, as well as the instruments of its implementation, and the inspiration behind the idea, have also been discussed. The achievement of this goal, necessitating the balancing of anthropological aspirations and the long-term security of the environment are also referenced in the Encyclicals.

scholarly journals Insurance as a risk management system in green construction

2022 ◽  
Vol 42 ◽  
pp. 06003
Author(s):  
Kheda Murtazova ◽  
Salambek Aliyev
Keyword(s):  
Climate Change ◽  
Large Scale ◽  
Global Climate ◽  
Green Building ◽  
Economic Research ◽  
Corporate Strategies ◽  
Climate Risks ◽  
Risk Management System ◽  
The Impact

The study of the problems of the impact of climate change on economic development has become in recent years one of the main directions of economic research. At the same time, along with the development of a global macroeconomic policy in the field of climate and green building, more and more attention is paid to the analysis of corporate strategies to reduce risks and adapt to the consequences of climate change. Without large-scale business investments in green innovative technologies and the introduction of corporate standards for reducing greenhouse gas emissions, it is impossible to achieve long-term targets for reducing global climate risks.

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