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Severe inequality from climate change exists between the Global North and Global South. The North significantly contributes to climate change yet retreats to protect itself against its harmful impacts. Conversely, members of the Global South bear the brunt of the climate crisis with limited protection against its destructive effects. Climate justice aims to address this inequality. This paper explores the effects of climate change reforms and policies that have been established to foster accountability and climate justice.

This research follows a qualitative exploratory case study method. It draws on a supply- and demand-led approach and local accounts to analyse the (in)effectiveness with which six national and international reforms and policies have achieved accountability for climate justice. The research analysed a variety of empirical documents including contemporary research, reports, academic literature, non-government and government documents and policies, media releases and Pacific Islander accounts.

Climate change reforms and policies, which come together to form supply-side accountability, have largely failed to engender accountability in the Global North for the impacts of climate change. Nor have they mitigated climate change to any tangible extent at all. This has created a system of modern-day climate apartheid. Improving accountability and remediating climate injustices going forward will require a focus on demand-led instruments and accountability, which includes the voice of citizens.

This paper responds to AAAJ’s special issue call for examining accounting and accountability with regard to environmental and climate racism. Limited research to date explores the issue of climate apartheid and climate justice and its relationship with accountability. This research attempts to fill that gap.

The burgeoning literature on climate-related finance suggests that climate change influences financial markets. Building on this foundation, the present study aims to investigate the time-varying predictive power of news related to physical and transition climate risks for financial instability across the financial systems of the US, EU, and the ASEAN+3 countries (comprising the Association of Southeast Asian Nations plus China, Japan, and South Korea), from January 2003 to August 2022, on a monthly basis.

In this study, we use the VAR-based Granger-causality test in the presence of instabilities introduced by Rossi and Wang (2019), and combine it with the innovative rolling and recursive bootstrap time-varying Granger-causality approach of Shi et al. (2020). These methods were chosen for their capacity to effectively capture the dynamic influence of climate risk-related news on financial instability over time, offering an advantage over traditional constant parameter regressions and standard Granger causality methods. Additionally, we make use of the Media Climate Change Concerns indices recently developed by Ardia et al. (2022), coupled with regional financial stress indices.

Our findings indicate that the predictive power of climate change news for financial instability is substantial but varies over time. This influence becomes especially pronounced during periods that align with specific local and global events. In the US and EU, the predictive power is influenced by a combination of global and local macroeconomic, political, health, and climate-related factors. In contrast, ASEAN+3 financial systems show a stronger response to regional and local events, with comparatively less sensitivity to global events.

The results of this study are noteworthy for investors, highlighting increased market instability during periods with prevalent climate change news. Investors can adjust their strategies to mitigate risks and respond to macro-events that trigger climate news-related market instability, while considering regional sensitivities. Similarly, these findings are significant for policymakers, emphasizing the need to consider the influence of climate news on financial markets when designing regulatory frameworks. This could involve enacting measures to stabilize the financial system during periods of significant climate news. Policymakers might consider developing macroprudential regulations to bolster financial institutions’ resilience against climate change news effects.

This study pioneers the exploration of how climate change news affects financial system stability at the macro level. It extends beyond traditional research, typically focusing on direct effects of climate change in banking and asset markets, by examining broader implications of climate risk-related news for financial system instability. Furthermore, this study enhances our understanding of the predictors of global financial stability by examining the financial systems of the US, the EU, and ASEAN+3. It specifically investigates the impact of climate change news, a topic not extensively explored in previous research focusing mainly on macro-factors such as financial liberalization and business cycles.

The tourism sector is facing significant challenges due to global climate change. The sector is a major contributor to carbon emissions while at the same time relied upon to drive regional development in Arctic Finland. This paradoxical situation highlights the urgent need for effective mitigation and adaptation policies and governance frameworks for both climate change and tourism. Finland has set one of the world’s most ambitious national climate mitigation targets into a legally binding framework. The state aims to be the first country in the global North to reach carbon neutrality by 2035. The new Climate Change Act 2022 outlines the key requirements for climate change policy planning and related monitoring and defines the national climate objectives. However, the tourism industry’s future growth potential in the Arctic Finland relies heavily on international tourism, which is largely based on the aviation sector. Tourism therefore faces a paradoxical situation for growth thinking in the current climate change policy context. Against this backdrop, this chapter aims to explore the complex issue of sustainable tourism development governance in the context of carbon neutrality policy in Arctic Finland. Specifically, it focusses on the potential contradictions between the role and needs of the tourism sector in regional development policies, and the responsibilities outlined in the Climate Change Act. This ‘wicked problem’ requires careful consideration and innovative solutions to ensure that tourism can continue to drive economic growth while also addressing the challenges of climate change.

This pragmatic investigation examines the dynamic nexus between crude oil prices and food inflation from South and Southeast Asian perspectives.

This study investigates the asymmetric effects of global crude oil prices on food inflation using a nonlinear autoregressive distributed lag (ARDL) model with monthly data covering the period from May 2012 to April 2022.

The empirical evidence reveals that international crude oil has a substantial impact on food prices in the majority of countries. Additionally, the relevant outcome documents that the asymmetric effect of global crude oil on food inflation applies to Sri Lanka and Vietnam, while in the other countries, it is symmetric.

Considering the optimistic outcomes, this empirical investigation is certain to have important shortcomings. Initially, the conclusions drawn from the above findings were based only on detailed assessments of the aforementioned variables' data over a 10-year period. The current scholarly analysis investigates the existence of an asymmetric impact of crude oil on food inflation, limited to six Asian countries. On the other hand, considering a greater number of Asian economies could enhance the analysis’s robustness and precision.

The current research aims to contribute to the existing literature on food inflation and global oil prices in the following ways: First, this study investigates the nexus between global crude oil and food inflation in a novel way, considering the nonlinear relationship between the variables. To figure out the nonlinear relationship or uneven effect of the global oil shock on food prices, we use the nonlinear ARDL model. Secondly, as food inflation is one of the major issues for the South and Southeast Asian economies, this empirical investigation broadens the analysis by incorporating a perspective from South and Southeast Asia, an area largely overlooked by previous researchers. Finally, we are very optimistic about the phenomenal contribution of current analysis to comprehending the conception of oil and food price dynamics from a broader perspective to achieve the Sustainable Development Goal (SDG), which aims for a sustainable resolution to end hunger in all its forms by 2030 and to accomplish food security, especially in emerging economies.

Climate change has been universally recognized as a major threat to human well-being, necessitating a comprehensive transformation of people's activities. Various measures have been proposed to contain climate change among which the green transformation grabs special attention, thanks to its desirable properties. Within the green transformation process, green tourism comes to prominence with huge potential. As one of the largest carbon emitters, the transition towards green tourism may offer substantial benefits not only for tourism companies but also for the whole economy. Yet, most studies tend to focus on the adverse effects of tourism on climate change while overlooking the potential impact of climate change on tourism. This chapter clarifies the feedback relationship between climate change and tourism and makes some recommendations.

This study has empirically investigated the impacts of climate change on agricultural productivity worldwide, considering the ranking of agriculture productivity. Additionally, the study has estimated the extent to which climate change favoured agriculture productivity from a global perspective.

The study prepared a suitable econometric model and employed the quantile panel Autoregressive Distributed Lag technique with a two-step Error Correction Mechanism to assess the influence of global warming on worldwide agrarian productivity.

The estimated results provide evidence for the nonlinear impacts of climate change on agriculture productivity across all quantiles. Moreover, threshold levels of average annual temperature rise with the improvement of agricultural productivity, depicting that low-productive areas are highly vulnerable to global warming. Additionally, agricultural inputs like labour, capital and irrigated land are positively related to agricultural productivity, with relatively substantial marginal productivity in highly productive regions. Nevertheless, technological innovations are found to be more productive in low-productive areas.

Policymakers should prioritize region-specific climate-smart agriculture by targeting policies to increase agricultural productivity and minimize the effects of climate change on food security and nutrition.

Despite significant research in this area, there remains a knowledge gap on the nature of this relationship, especially regarding productivity thresholds under warming. The study aims to fill this gap, offering valuable insights to guide policy actions and adaptation strategies to mitigate the adverse impacts of climate change on agriculture productivity.

This paper takes a contemplative analysis of non-violent activism in a hyperlocal context that is historically marked by violent clashes. It emphasizes the importance of placing nonviolent activities within leadership frameworks that prioritize collectivity, collaboration, adaptiveness, authenticity, and community interactions. It argues that non-violent activism can serve as a cornerstone of democratic practices, and plausible to a myriad of challenges in civic spaces. The assertion that violence is not a prerequisite for gaining the attention of authorities capable of enacting societal change is supported by several studies. This paper advocates for a reorientation of collaborative efforts between those in positions of authority and civil society leaders to foster progress. There is power in the decibel of voices of the people, to correct acts of omission and commission that is impacting negatively on the citizens. In context characterized by volatility and fragility, the paper suggests prioritizing the process of influencing, mobilizing and organizing responsive interventions rather than solely focusing on the ends or outcomes. Process-oriented approach creates containers for curiosity, relational, and experimental practices that interweave multi-dimensional perspectives. The social change actors navigated cultural and structural barriers to implement non-violent strategies, offering a compelling example of grassroots peace building. Overall, this paper findings underscores the significance of understanding both direct and structural violence in shaping citizen’s right within specific context. It highlights the efficacy of context-based leadership practices in promoting non-violent organizing for peace, particularly in hyperlocal settings. Moreover, it suggests that these findings could inform indigenous peace building that is inherently influenced by contextual factors.

Adopting a case study, I was able to elucidate a context-based leadership model advanced by local women that averted a probable political violence in Nigeria. A case study approach was adopted because it is a phenomenon that is bounded in time, context and advanced by a particular group of change agents. A case study with a constructivist approach was utilized to understand the context and sense making of the “why” and the “what”. In situatedness, the natural occurring data was cultivated, including one-on-one indepth interviews. Data was analyzed using a narrative analysis, which raised themes on resilience, collectivity, collaboration, risk and sustainability. The findings pivot a culturally based experience of leadership by women in a fragile context. First, I provided a contextual background, explaining the local context, including the socio-economic, cultural, political and historical factors that contributed to the emergence of the conflict. In addition, I explained the scope and nature of the conflict, describing the grievances and issues that led to the tensions within the community, and highlighting the key actors and stakeholders involved. Secondly, I analyzed the non-violent strategies and tactics employed by a group of social change actors to address the issue which involved non-violent protest, tactical community organizing, dialogic engagements and creative forms of interventions. Thirdly, I evaluated and explained the role of leadership in coordinating non-violent activities and actions, the effectiveness of their leadership style, relational and processual, that sustained the non -violent approach, and the challenges the group encountered. In addition, I explained the outcome from such leadership practice and lessons learned, with evidence of a dismantling of power dynamics, and shift in attitude to a non-violent disposition. Lastly, I explained how this approach may have broader implications for understanding nonviolent conflict resolution, social movements, and the promotion of peace and justice in local contexts and beyond.

A leadership practice that is relational and collective should have consideration for both the context where the leadership is exercised and deliberate on the processes necessary to hold containers for everyone to engage. This is gradually dismantling the hegemonic conceptualization of peace building, with a gradual shift of co-construction and sense making of peace building, with implication for more diversity and inclusion of persons and perspectives. It also underscores a system that deconstructs and departs form colonized thinking and contributes to conditions that enables and inspires alternative approaches to addressing oppressive power structures. (1) In unstable situations, leadership frequently arises from within communities, driven by individuals and groups intimately connected to their realities. The Nassarawan women embody this grassroots leadership, marked by wisdom, resilience, and a dedication to creating positive change despite significant obstacles. They embrace non-violent strategies, inspired by past successes, recognizing their potency in effecting change. (2) The leadership of these women illustrates the importance of mobilizing collective strength for justice and equality, showcasing how local leadership can catalyze transformative change for the better. (3) Indigenous styles of leadership possess the capacity to go beyond conventional concepts and embrace intricacy, flexibility, and inclusiveness. A multi-faceted leadership strategy becomes especially pertinent as it enables individuals to navigate complexity, confront challenges, and cultivate resilience within their communities, rather than depending solely on traditional methods.(4) The practice of peace leadership isn’t necessarily linked to official positions, titles, or authority. Rather, it appears as a continuous, intentional effort within community interactions, often arising from unexpected situations and sources.

Most of the women engaged in this leadership activity are located in remote areas, and this research had access to only a few who storied their experiences in ways they understood how to.

With the rapid shift and call for more non-violent activism, we must be open to sample the different textures relevant for varied conditions. This holds a huge implication for understanding the psychology of communities expressing the full human agency in exercising leadership that is contextually driven. The connection between local struggles and global movements for social justice and human rights is profound and multifaceted. Firstly, there’s a shared value across movements for equity, equality, justice, dignity, and human rights, spanning issues like environmental protection, gender equality, racial justice, and indigenous rights. Local movements increasingly emphasize building solidarity across borders, collaborating with similar movements worldwide through actions like protests and social media campaigns. This amplifies local voices on a global stage and underscores the interconnectedness of struggles. The leadership of the women’s group holds significant implications for global movements, offering insights into grassroots perspectives on social issues. Their localized knowledge enriches global discourse on social change, providing tangible examples of challenges faced by marginalized groups and culturally relevant solutions. Additionally, their commitment to nonviolent methods establishes a platform for marginalized voices and fosters solidarity across diverse communities. The group’s innovative approaches, drawing upon local resources and grassroots networks, demonstrate the power of community-driven solutions to address social problems. Moreover, their grassroots empowerment shifts power dynamics within communities and influences broader systemic transformations, all while advocating for justice through peaceful means. These practices not only spark global solidarity but also shape public discourse and policy agendas at state and national levels, highlighting the human rights implications of local issues like political corruption. Overall, the women’s group exemplifies the transformative potential of grassroots activism in effecting lasting change on a global scale.

The power for everyday peace leadership rests with the people and it is translated into meaningful outcomes when everyone has the opportunity to lead.

Research has been done on many women led movement in Nigeria, but this is unique, as it changed the narrative for an approach that was successful in shifting cultural boundaries in very fragile and uncertain context.

The global energy transition is a process without historical experience that affects all participants in the technological chain of energy management, citizens and business entities. This increasingly dynamic process is aimed at decarbonisation of the entire economy, social stability and human well-being. We are witnessing the rapid development of more energy-efficient technologies, clean energy sources and stricter rules regarding the greenhouse gas (GHG) emissions. The data clearly show changes in the Earth’s climate system. Their consequences represent the most urgent threat to the longevity of tourism, which is one of the five most threatened economic sectors. At the same time, tourism continues to have a significant contribution to climate change due to growing GHG emissions, primarily from transport and accommodation facilities.

This chapter seeks to provide an overview of the drivers of GHG emissions and societal responses aimed at addressing tourism-related carbon emissions. It also offers an overview of climate and energy public policies and possible solutions towards a net-zero carbon future for the tourism industry. The purpose of this review is to empower tourism practitioners with current knowledge funded in global and European decarbonisation strategies and encourage them to reflect and create a new and more effective solution.

This chapter explores the reciprocal dynamics between climate change and tourism, underlining the imperative to comprehend this connection for effective mitigation strategies and sustainable practices. It focuses on two contrasting regions, the Mediterranean and Himalayan, elucidating their geographical and economic disparities. The Mediterranean, known for its coastal and marine attractions, faces high vulnerability to climate change, impacting outdoor recreation and tourism activities. This region experiences a Mediterranean climate characterised by distinct seasonal patterns, but it also grapples with high-impact atmospheric events like floods and droughts, while the Himalayan region is experiencing more untimely rain and snowfall, erratic monsoons, and decreased snowfall. These climatic challenges, coupled with a growing population and dependence on imported resources, necessitate adaptation strategies for the agricultural and food production sectors. This chapter evaluates climate anomalies and impacts in both the Indian Himalayan and the Adriatic region, with a particular focus on the tourism industry’s adaptation and mitigation capacities.

In addition to vulnerabilities resulting from climate change, it also analysed existing measures and documents related to climate change, as well as their effectiveness based on the expert opinion of the focus groups. The findings reveal that both regions experience shared and region-specific climate change impacts, affecting agriculture, water resources, human health, and infrastructure. Further research opportunities are identified, including the study of ecosystem resilience, biodiversity preservation, sustainable water resource management, and long-term public health implications of changing climatic conditions. This chapter underscores the urgency of climate action and the imperative for adaptive strategies in a complex and uncertain landscape.

This study examines the need for an accounting curriculum to evolve in response to the changing business landscape. Specifically, this study aims to explore the relationship between various market forces, the shifting dynamics of business, and the importance of adapting accounting education to these changes.

This study is a combination of both quantitative and qualitative research. A structured questionnaire was administered to 320 professionals to gather data, and the study employed descriptive analysis, one-sample t-tests, and structured equation modeling to analyze the relationship between the variables.

The findings reveal a strong correlation between business transformation and the imperative to adapt accounting education. This study emphasizes the significance of modifying accounting curricula to align with the current market trends. Furthermore, this study addresses the pressing concern of sustainability and the triple bottom line (TBL), advocating specialized education in sustainability accounting programs.

Despite its contributions, this study acknowledges a limitation in its focus solely on the perceptions of professionals and academicians regarding the impact of business transformation on accounting education, without directly examining the prevailing accounting education system. Future research should address this limitation by undertaking a qualitative exploration of the actual accounting education landscape and market requirements.

The implications of the study span the theoretical, regulatory, environmental, and social domains, stressing the need for educational institutions, regulatory bodies, and industry to collaborate in shaping competent and future-ready accounting professionals. A systematic approach would validate and extend the findings of this study, providing deeper insights into the transformative processes necessary to enhance accounting education in response to evolving business landscapes and environmental dynamics.

The outcome of the study assists educational institutions and regulatory bodies in framing policies to adapt accounting education to the evolving business landscape by updating the accounting curriculum as per the changes in the market forces to make graduates relevant and competent.