scholarly journals An Institutional Pressure and Adaptive Capacity Framework for Green Bonds: Insights from India’s Emerging Green Bond Market

World ◽  
2020 ◽  
Vol 1 (3) ◽  
pp. 239-263
Author(s):  
Vasundhara Saravade ◽  
Olaf Weber
Keyword(s):  
Climate Change ◽  
Adaptive Capacity ◽  
Bond Market ◽  
Climate Finance ◽  
Institutional Dynamics ◽  
Social Actors ◽  
Country Level ◽  
Institutional Pressure ◽  
Exploratory Approach ◽  
And Performance

Although climate finance tools like green bonds have been gaining popularity in academia, the research has been limited to examining the financial viability and performance of this market. We explore a different research avenue related to institutional dynamics that are driving this market at the country level and shaping its adaptive capacity to climate change. Our paper introduces a new conceptual framework by linking institutional isomorphism with adaptive capacity dimensions in the green bond market. Using a mixed methods exploratory approach, we apply our institutional pressure-adaptive capacity framework to India’s green bond market. Our results show that different social actors, ranging from formal institutions like regulators and investors to informal ones like advocacy groups, can play a key role in shaping the legitimacy of this market. By highlighting ‘invisible’ social norms such as awareness about climate finance, changing regulatory priorities and the institutional strength of social actors, we contribute to the literature on this topic. We also introduce the concept of a high priority social actor and conclude that varying degrees of institutional pressure from such actors will ultimately decide the growth and legitimacy of this integral climate finance market at the country level as well as influence its adaptive capacity response to climate change.

scholarly journals Indicators to Evaluate the Institutional Effectiveness of National Climate Financing Mechanisms

2020 ◽  
pp. 358-378
Author(s):  
Muhammad Sheriffdeen ◽  
Dodik Ridho Nurrochmat ◽  
Perdinan Perdinan ◽  
Monica Di Gregorio
Keyword(s):  
Climate Change ◽  
Institutional Effectiveness ◽  
Monitoring And Evaluation ◽  
Regulatory Framework ◽  
Climate Finance ◽  
Address Climate Change ◽  
Country Level ◽  
Legal Foundation ◽  
Transparency And Accountability

Over the past few decades, tackling climate change has persistently featured in international discussions, with the main issues centring on mobilising adequate global response and effectively coordinating and channelling this response at the sub-national levels. In order to effectively mobilize and harmonize resources to address climate change at country level, the idea of establishing national climate finance institutions (NCFIs) with the duty to mobilise, manage and allocate funds to implement climate change actions has gained prominence among developing countries. This study develops an indicator-based framework to evaluate the institutional effectiveness of the Indonesian Climate Change Trust Fund (ICCTF) as a case study. Building on previous frameworks and principles of climate finance, a total of 21 indicators were identified, these indicators were categorized into five effectiveness components, which are: were identified, and these indicators were categorized into five effectiveness components, which include: legal and regulatory framework, fund mobilization and sustainability, fund management and allocation, monitoring and evaluation, and transparency and accountability. We find that the major and fundamental weakness of the ICCTF is its inability to adequately mobilize funds, while its strength is in management and allocation of available resources.  Inclusion of the legal and regulatory framework component, which has been largely absent in previous studies, further enabled us to identify critical legal gaps in the operationalization of the ICCTF. While the current legal foundation of the ICCTF ensures transparency and accountability, it significantly constrains the ICCTFs flexibility and innovative potentials.

scholarly journals Habitat use as indicator of adaptive capacity to climate change

2021 ◽  
Author(s):  
Claire S. Teitelbaum ◽  
Alexej P. K. Sirén ◽  
Ethan Coffel ◽  
Jane R. Foster ◽  
Jacqueline L. Frair ◽  
...  
Keyword(s):  
Climate Change ◽  
Habitat Use ◽  
Adaptive Capacity

Alliance experience and performance outcomes: A meta-analysis

2021 ◽  
pp. 147612702098287
Author(s):  
Peng Wang ◽  
Xu Jiang ◽  
Maggie Chuoyan Dong
Keyword(s):  
Strategic Alliance ◽  
Meta Analysis ◽  
Group Analysis ◽  
Performance Outcomes ◽  
Country Level ◽  
Different Types ◽  
Performance Consequences ◽  
Controversial Topic ◽  
Alliance Experience ◽  
And Performance

Alliance experience has been a frequent topic in strategic alliance research in recent decades. Nonetheless, its performance consequences, either as a whole or differentiated into general versus partner-specific alliance experience, are neither theoretically clear nor empirically consistent. We use a range of meta-analytic techniques to integrate the empirical findings of 143 studies and provide a more conclusive assessment compared to prior research. Our study thus addresses a long-standing, understudied, and controversial topic: the distinction between the two types of alliance experiences. Going beyond traditional sub-group analysis, we reveal the contextual contingencies by examining how different types of alliance experiences and performance outcomes jointly affect the alliance experience–performance relationship. Moreover, we identify critical country-level institutional contingencies that moderate the focal effect.

scholarly journals Future climate change vulnerability of endemic island mammals

2020 ◽  
Vol 11 (1) ◽  
Author(s):  
Camille Leclerc ◽  
Franck Courchamp ◽  
Céline Bellard
Keyword(s):  
Climate Change ◽  
Pacific Ocean ◽  
Adaptive Capacity ◽  
Climate Change Impacts ◽  
Future Climate ◽  
Future Climate Change ◽  
Climate Change Vulnerability ◽  
Vulnerability To Climate Change ◽  
Insular Ecosystems

Abstract Despite their high vulnerability, insular ecosystems have been largely ignored in climate change assessments, and when they are investigated, studies tend to focus on exposure to threats instead of vulnerability. The present study examines climate change vulnerability of islands, focusing on endemic mammals and by 2050 (RCPs 6.0 and 8.5), using trait-based and quantitative-vulnerability frameworks that take into account exposure, sensitivity, and adaptive capacity. Our results suggest that all islands and archipelagos show a certain level of vulnerability to future climate change, that is typically more important in Pacific Ocean ones. Among the drivers of vulnerability to climate change, exposure was rarely the main one and did not explain the pattern of vulnerability. In addition, endemic mammals with long generation lengths and high dietary specializations are predicted to be the most vulnerable to climate change. Our findings highlight the importance of exploring islands vulnerability to identify the highest climate change impacts and to avoid the extinction of unique biodiversity.

Exploring climate finance for tourism adaptation development: an overview

2016 ◽  
Vol 8 (5) ◽  
pp. 593-605 ◽  
Author(s):  
Daniele Vieira do Nascimento
Keyword(s):  
Climate Change ◽  
Literature Review ◽  
English Language ◽  
Small Island ◽  
Future Research ◽  
Climate Finance ◽  
Content Type ◽  
Main Research ◽  
Research Fields ◽  
New Research

Purpose The purpose of this paper is to provide an overview of the links between climate finance and tourism adaptation development. Besides increasing adaptation and mitigation efforts to limit greenhouse gas emissions, climate change remains a major challenge in the twenty-first century and beyond especially for tourism which is highly climate sensitive. Hence, it is necessary for tourism to adapt to survive. The aim of the study is to provide a systematic overview of the topic to offer a foundation for better understanding different ways of integrating climate finance initiatives with tourism. Design/methodology/approach The research focused on the top-ranked, peer reviewed journals of each of the two selected research fields. To address this topic, an in-depth systematic literature review in the fields of climate change finance and tourism adaptation development was conducted. Furthermore, because it is a relatively new research topic, conference proceedings were also explored. To guarantee wide coverage of the literature, a query of the following scholarly databases was considered: Elsevier, ScienceDirect and Web of Science. Findings Based on the analyses of the literature available on the topic, the paper highlights the main research trends and conclusions. It is argued that there is imbalance of knowledge on climate change finance as it relates to tourism. To date, there have been relatively few published articles on this topic in the context of tourism. Based on the findings, promising areas for future research were identified, and in particular for small island communities and recommendations for future research are outlined. Research limitations/implications The paper is limited by the scope of the literature review accessed by the researcher. The results of this review may vary according to the databases used. Originality/value Currently, there is no extensive review of articles on climate finance and tourism adaptation. This paper aims at reviewing climate finance studies published in English language to explore knowledge gaps in tourism adaptation. Sets of themes being advanced are also highlighted. Recommendations for future research are provided.

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).

Analysis of smallholder farmers’ vulnerability to climate change and variability in south Wollo, north east highlands of Ethiopia: An agro-ecological system-based approach

2021 ◽  
Author(s):  
Yimer Mohammed ◽  
Kindie Tesfaye ◽  
Menfese Tadesse ◽  
Fantaw Yimer
Keyword(s):  
Climate Change ◽  
Adaptive Capacity ◽  
Smallholder Farmers ◽  
Contributing Factors ◽  
Scale Level ◽  
Ecological Zones ◽  
Micro Scale ◽  
Climate Change And Variability ◽  
North East ◽  
Agro Ecological Zones

Abstract Background: Climate change and variability has been significantly affecting the Ethiopian agricultural production and thereby smallholder farmers livelihoods. The level of vulnerability varied across agro-ecological zones (AEZs). Identification of difference in the level of vulnerability of a system is important in selecting appropriate and effective adaption options to climate change. Therefore, the aim of this study was to analyze the level of vulnerability of agricultural communities to climate change and variability at micro-scale level in five agro-ecological zones (AEZs) of south Wollo, north east highlands of Ethiopia. Data was collected from a representative of 502 sample households from five AEZs through multi stage random sampling methods. Focus group discussion and key informant interviews were also carried out to supplement and substantiate the quantitative data. The indicator based approach was used to empirically calculate vulnerability. Principal Component Analysis (PCA) was applied to give weight for indicators and generate index of vulnerability contributing factors. Results: The results showed that each of the vulnerability contributing factors (exposure, sensitivity and adaptive capacity) varied across the AEZs. M3, SM2 and SM3 are the most exposed AEZs but having a relatively better adaptive capacity whereas M1, M2 and M3 are the most sensitive AEZs with relatively low adaptive capacity to climate variability and change. Overall, SM2 is the most vulnerable AEZ which exhibited high sensitivity and low adaptive capacity followed by M1. Conclusions: The study explored sources and levels of vulnerability to each agro-ecology. Since the study is conducted at micro-scale level, it helps decision makers and development partners to have context-specific understanding of the impact of climate change and variability and design appropriate adaptation measures to address the specific situations.

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