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Article
Publication date: 14 November 2022

Damian J. Bridge

This paper builds on the findings of Bridge (2021) and attempts to understand the major ethical, equity, and leadership issues that may arise when governments plan massive…

Abstract

Purpose

This paper builds on the findings of Bridge (2021) and attempts to understand the major ethical, equity, and leadership issues that may arise when governments plan massive infrastructure and amelioration programs such as the United States’ Green New Deal (GND). The methodology developed here could be applied to the plans being created in other developed countries such as Canada and Korea.

Design/methodology/approach

A qualitative approach was used to analyse the ethical issues associated with the Green New Deal via semi-structured interviews with 34 published authors of academic articles dealing with the ethics of climate change. Two industry experts were also consulted for reference.

Findings

This paper identifies three key themes arising from the proposed implementation of the Green New Deal. Firstly, the GND has the potential to present equity, justice, and ethical issues that must be considered as part of any intended adoption. Secondly, the GND will present opportunities for economic and climate success, but some groups may suffer due to its implementation. Thirdly, those that have the capacity, wealth, leadership, and ability should lead climate change initiatives. This may require market solutions in the short-term to reach 2050 net zero targets.

Originality/value

This paper is the first qualitative study undertaken on the Green New Deal, contributing to the development of the scant literature on this topic and also informing the practical implementation of wholesale infrastructure plans.

Details

Journal of Accounting Literature, vol. 45 no. 1
Type: Research Article
ISSN: 0737-4607

Keywords

Book part
Publication date: 23 May 2022

Ayodele Asekomeh, Smith I. Azubuike and Obindah Gershon

The concept of a ‘green new deal’ for Africa will provide a joined-up approach to managing the impact of extreme climatic events. In this regard, the United States (US) and the…

Abstract

The concept of a ‘green new deal’ for Africa will provide a joined-up approach to managing the impact of extreme climatic events. In this regard, the United States (US) and the European Union (EU) green deal arrangements offer Africa lessons to consider in a green agenda. By recourse to green theory, which is a critique of existing power structures and nationalistic and political positions concerning climate change, we explore mechanisms for fostering collective action and collaboration through an African green deal. Building on the African Union's existing agencies and arms, this chapter argues that an African Union Green Deal post–COVID-19 is crucial to achieving sustainable economic growth and development within the continent's Agenda 2063. The African continent should take advantage of collaboration opportunities within the continent and the European Union, thereby strengthening its financing and governance structures.

Details

COVID-19 in the African Continent
Type: Book
ISBN: 978-1-80117-687-3

Keywords

Abstract

Details

Special Edition: Financial Crisis - Environmental Crisis: What is the Link?
Type: Book
ISBN: 978-1-78052-670-6

Article
Publication date: 17 July 2023

Valerio Brescia, Paolo Esposito, Stefano Amelio and Paolo Pietro Biancone

The COVID-19 pandemic has generated a crisis that has hit the European economy and the currently existing systems. To cope with the crisis, Europe has started an investment aiming…

Abstract

Purpose

The COVID-19 pandemic has generated a crisis that has hit the European economy and the currently existing systems. To cope with the crisis, Europe has started an investment aiming the energy transition and crisis. Portugal, Spain and Greece have received the approval of their National Recovery Plans from the European Commission, with a definition of spending up to 2026 through the European Union (EU) Next Generation Found. The study investigates whether the Green Deal policies are relaunched by the plans financed and whether the pandemic has changed and conditioned the priorities of the energy transaction. The study uses the lens of corporate social responsability (CSR) and relapse measurable across the Sustainable Development Goals (SDGs).

Design/methodology/approach

The Green Deal policies supported by new European investments in the three countries were analyzed through a content analysis (CA) technique to investigate the associated practical and theoretical elements.

Findings

The energy theme has a relevance compared to other issues in the investment plans envisaged in Greece, Portugal and Spain. The analysis highlights energy efficiency, sustainable energy and reduction of consumption among the main themes. Energetically, sustainable building plays a central role. The study highlights the relationship between Green Deal policies, CSR, SDGs and management tools adopted.

Originality/value

The study strengthens the relationship between the Green Deal, CSR and SDGs by identifying policies that have already been implemented and theoretical and practical gaps on which politicians and scholars will have to investigate and support in the process of development and continuity of the identified pillars.

Details

EuroMed Journal of Business, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1450-2194

Keywords

Article
Publication date: 1 June 2014

Louise Reid

The UK government has recently implemented the Green Deal, a new pay-as-you-save policy which seeks to fundamentally reform the existing housing stock to make it more energy…

Abstract

The UK government has recently implemented the Green Deal, a new pay-as-you-save policy which seeks to fundamentally reform the existing housing stock to make it more energy efficient. Regarded by its proponents as a ‘revolutionary programme to bring our buildings up to date’ (HM Government 2010: 2), generate cash savings for householders, and simultaneously yield environmental benefits by reducing energy consumption, it promises much. However, there have been many critiques of the Green Deal from industry, environmental pressure groups and housing professionals. Moreover there has been very limited take up of Green Deal loans by householders, and those measures which have been installed offer perhaps only minimal improvements in overall energy efficiency. This paper therefore considers the potential generative and productive outcomes of the Green Deal by looking across three related issues: households with low incomes and in fuel poverty; the potential impacts on elements of the housing system; and, the extent of environmental benefits. The paper concludes by suggesting that the instead of being a revolutionary way to improve the energy efficiency of the UK’s domestic building stock, the Green Deal may potentially perpetuate existing social injustice and environmental degradation. The effort should, instead, focus on understanding how energy demand is created in the first place (e.g. desire for larger homes, energy-hungry appliances, heating in every room) through householders’ expectations and changing domestic practices.

Details

Open House International, vol. 39 no. 2
Type: Research Article
ISSN: 0168-2601

Keywords

Book part
Publication date: 20 April 2023

Altuğ Günar

The awareness of the environment, climate, and nature that emerged worldwide in the 1970s has paralleled the actions taken in the European Union (EU) under the United Nations. In…

Abstract

The awareness of the environment, climate, and nature that emerged worldwide in the 1970s has paralleled the actions taken in the European Union (EU) under the United Nations. In the EU, the environmental title was given a legal basis for the first time with the entry into force of the Single European Act, and action on the environment and climate change became the main priorities of the EU in all areas with the amendments in the founding treaties. This study examines environmental and climate policy in the EU and the process known as the green transition in the EU. The study consists of three sections. The first section discusses the environment and the development of climate change awareness in the world and the EU, while the second section underlines the EU's environmental and climate change approaches and policies. The third and final section highlights the development and green transition strategy adopted by the EU in 2019 and the “Green Deal” strategy paper. The study concludes that the “Green Deal” is at the heart of the so-called green transition process in the EU, that the goals sought by the Deal are very ambitious, that it is almost impossible to achieve the corresponding goals without an effective/coercive political mechanism, and that the EU is planning a green transition rather than a green transformation.

Details

The European Union in the Twenty-First Century
Type: Book
ISBN: 978-1-80382-537-3

Keywords

Book part
Publication date: 17 December 2009

Colin Hines

Section one of this chapter is a description of what ‘The Green New Deal’ is and how it could be financed. The term was first coined by the author and the report of the same name…

Abstract

Section one of this chapter is a description of what ‘The Green New Deal’ is and how it could be financed. The term was first coined by the author and the report of the same name was first published in July 2008 by the New Economics Foundation (nef) to deal with the ‘triple crunch’ of climate change, energy insecurity/price instability and the financial and economic meltdown (nef, 2008).

Details

The Transition to Sustainable Living and Practice
Type: Book
ISBN: 978-1-84950-641-0

Book part
Publication date: 4 July 2024

Catalin Popescu, Gabriela Oprea, Daniela Steluţa Uţă, Augustin Mitu and Alina Gabriela Brezoi

The European Union (EU) is providing a wide range of instruments to its members in implementing a green, resilient economy. These instruments are not designed only for governments…

Abstract

The European Union (EU) is providing a wide range of instruments to its members in implementing a green, resilient economy. These instruments are not designed only for governments and state representatives but also for small businesses and entrepreneurs. The ability of those two-targeted audiences to understand and adopt these instruments, as well as their way to react and profit from the EU-stated drives, determines one’s country capacity to absorb European funding and create economic growth. The present chapter proposes a presentation of the new European model for economic growth and of the advantages proposed with the European Green Deal, the European proposal to the world for a resilient, adaptable, and environmentally friendly economy.

Details

Entrepreneurship and Development for a Green Resilient Economy
Type: Book
ISBN: 978-1-83797-089-6

Keywords

Book part
Publication date: 1 January 2009

Ann Pettifor

Abstract

Details

Special Edition: Financial Crisis - Environmental Crisis: What is the Link?
Type: Book
ISBN: 978-1-78052-670-6

Book part
Publication date: 23 February 2010

Ann Pettifor

We are today in the middle of the greatest economic catastrophe – the greatest catastrophe due almost entirely to economic causes – of the modern world…I see no reason to be in…

Abstract

We are today in the middle of the greatest economic catastrophe – the greatest catastrophe due almost entirely to economic causes – of the modern world…I see no reason to be in the slightest degree doubtful about the initiating causes of the slump….The leading characteristic was an extraordinary willingness to borrow money for the purposes of new real investment at very high rates of interest – rates of interest which were extravagantly high on pre-war standards, rates of interest which have never in the history of the world been earned, I should say, over a period of years over the average of enterprise as a whole. This was a phenomenon which was apparent not, indeed, over the whole world but over a very large part of it.– John Maynard Keynes (First of the Harris Foundation Lectures, 1931)

Details

Global Ecological Politics
Type: Book
ISBN: 978-1-84950-748-6

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