Search results

1 – 10 of over 4000
Book part
Publication date: 11 July 2023

Caitlin Mongie, Gizelle Willows and Shelly Herbert

This study investigates the impact of the Paris Agreement (and other factors) on carbon information disclosures to the Carbon Disclosure Project (CDP).

Abstract

Purpose

This study investigates the impact of the Paris Agreement (and other factors) on carbon information disclosures to the Carbon Disclosure Project (CDP).

Design/Methodology/Approach

A sample of South African listed companies was selected and data analysed from 2013 to 2017. A random effect panel data model using SPSS was used to determine whether the Paris Agreement had an effect on carbon information disclosure.

Findings

The results indicate that (1) the Paris Agreement, as an example of an intergovernmental coordination initiative, is significant in creating awareness and increasing the carbon disclosures to the CDP. Furthermore, (2) in terms of the other factors examined, providing incentives for managing climate change and assessing climate risks further into the future improves disclosure quality, while no relationship was found between the CDP score and the approval by key management personnel.

Originality

This research examines CDP disclosures for an emerging market before and after the signing of the Paris Agreement.

Practical Implications

This research shows the importance of supportive government policy. Furthermore, a commitment to climate change disclosure is manageable and achievable and needs to be implemented at the management level.

Details

Green House Gas Emissions Reporting and Management in Global Top Emitting Countries and Companies
Type: Book
ISBN: 978-1-80262-883-8

Keywords

Article
Publication date: 14 January 2021

Monirul Azam

The purpose of this study is to evaluate to what extent the Paris Agreement and the United Nations Framework Convention on Climate Change (UNFCCC) have supported (or could…

Abstract

Purpose

The purpose of this study is to evaluate to what extent the Paris Agreement and the United Nations Framework Convention on Climate Change (UNFCCC) have supported (or could support) the least developed countries (LDCs) particularly for accessing the climate technologies and thereby to meet the objectives of the Paris Agreement.

Design/methodology/approach

This study adopted legal dogmatism to evaluate the gradual development of technology transfer issues to support the LDCs under the international climate regime.

Findings

This study suggested a few potential measures to facilitate meaningful technology transfer to LDCs – such as clarifying and linking the role of the technology and financial mechanism, a more robust role of capacity building, using the sustainable development mechanism with a technology transfer focus, improving the transparency and reporting mechanism to particularly indicate support regarding technology transfer requested and received by the LDCs linking it with the nationally determined contributions, and adapting a pragmatic approach to intellectual property.

Originality/value

This study is an original contribution as it identified concern over technology transfer under the UNFCCC since 1992 with a focus on the LDCs and indicated required actions that need to be taken to support the LDCs in the context of climate-related technology transfer and beyond.

Details

Journal of Property, Planning and Environmental Law, vol. 13 no. 1
Type: Research Article
ISSN: 2514-9407

Keywords

Article
Publication date: 5 June 2017

Ilan Kelman

The purpose of this paper is to better link the parallel processes yielding international agreements on climate change, disaster risk reduction, and sustainable development.

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Abstract

Purpose

The purpose of this paper is to better link the parallel processes yielding international agreements on climate change, disaster risk reduction, and sustainable development.

Design/methodology/approach

This paper explores how the Paris Agreement for climate change relates to disaster risk reduction and sustainable development, demonstrating too much separation amongst the topics. A resolution is provided through placing climate change within wider disaster risk reduction and sustainable development contexts.

Findings

No reason exists for climate change to be separated from wider disaster risk reduction and sustainable development processes.

Research limitations/implications

Based on the research, a conceptual approach for policy and practice is provided. Due to entrenched territory, the research approach is unlikely to be implemented.

Originality/value

Using a scientific basis to propose an ending for the silos separating international processes for climate change, disaster risk reduction, and sustainable development.

Details

Disaster Prevention and Management: An International Journal, vol. 26 no. 3
Type: Research Article
ISSN: 0965-3562

Keywords

Book part
Publication date: 14 December 2016

Emel Esen and Arzu Özsözgün Çalışkan

Climate change is the global problem that threatens the next generations, and results in serious environmental and socioeconomic issues. Countries have agreed to adopt a new…

Abstract

Purpose

Climate change is the global problem that threatens the next generations, and results in serious environmental and socioeconomic issues. Countries have agreed to adopt a new climate agreement in 2015 at the Paris Conference. This chapter analyzes the corporate actions of how companies in Turkey will adapt themselves to COP21 needs, what does the agreement require to do in the Turkey’s companies to do, and determines what objectives are needed of Turkey’s Intended Nationally Determined Contribution.

Design/methodology/approach

A comprehensive literature research is conducted in order to understand the effects of climate change on companies’ course of actions. The qualitative study is to understand Turkey’s companies’ policies about climate change.

Findings

Companies should have capacity to make the planet sustainable and create alternative solutions to social problems by mobilizing resources and making investments. In Turkey, companies have the responsibility to continue its sustainable development process. In many sectors, Turkey has additional policies and strategies about energy, industry, transport, buildings, agriculture, waste, and forestry.

Research limitations/implications

This research is a theoretical study about companies’ policies and strategies to comply with climate change in the case of Turkey. For further studies, researchers can make comparisons between companies’ contributions.

Practical implications

This study may be useful for the board of directors and managers since they should become aware of understanding of the climate change effects. Stakeholders are looking directly at companies how they manage these challenges to use resources. The problem is in the interests of everyone, but companies have major responsibility to do something else. Organizations can have sustainability efforts by understanding the threats and opportunities of climate change.

Originality/value

This study is valuable and attractive to give comparison about practicing strong legal framework and clear rules, long-term approach, connection with sustainable development goals.

Details

Climate Change and the 2030 Corporate Agenda for Sustainable Development
Type: Book
ISBN: 978-1-78635-819-6

Keywords

Article
Publication date: 17 June 2020

Robert Charnock and Keith Hoskin

This paper brings insights from accounting scholarship to the measurement and reporting challenges of metagovernance approaches to sustainable development. Where scholarship on

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Abstract

Purpose

This paper brings insights from accounting scholarship to the measurement and reporting challenges of metagovernance approaches to sustainable development. Where scholarship on metagovernance—the combination of market, hierarchical and network governance—proposes deductive approaches to such challenges, we contend that a historically informed “abductive” approach offers valuable insight into the realpolitik of intergovernmental frameworks.

Design/methodology/approach

The paper adopts a Foucauldian “archaeological–genealogical” method to investigate the inclusion of climate change as a Sustainable Development Goal (SDG). It analyses more than 100 documents and texts, tracking the statement forms that crystallise prevailing truth claims across the development of climate and SDG metagovernance.

Findings

We show how the truth claims now enshrined in the Paris Agreement on Climate Change constrained the conceptualisation and operationalisation of SDG 13: Take urgent action to combat climate change and its impacts. The paper thereby reframes recent measurement and reporting challenges as outcomes of conceptual conflicts between the technicist emphasis of divisions within the United Nations and the truth claims enshrined in intergovernmental agreements.

Originality/value

This paper demonstrates how an archaeological–genealogical approach may start to address the measurement and reporting challenges facing climate and SDG metagovernance. It also highlights that the two degrees target on climate change has a manifest variability of interpretation and shows how this characteristic has become pivotal to operationalising climate metagovernance in a manner that respects the sovereignty of developing nations.

Book part
Publication date: 14 December 2016

Osamuyimen Enabulele, Mahdi Zahraa and Franklin N. Ngwu

This chapter examines the UK and the Nigerian approach to reducing emission of greenhouse gases (GHGs) into the environment as a result of gas flaring utilising the market-based…

Abstract

Purpose

This chapter examines the UK and the Nigerian approach to reducing emission of greenhouse gases (GHGs) into the environment as a result of gas flaring utilising the market-based regulation. Determining how different jurisdictions fare in the quest to reduce GHG emissions associated with the oil and gas industry is essential because: policy makers have realised the advantages of market-based regulation over the command-and-control regulation; and in the light of various pledges different countries have made in different forum to reduce the emission of GHGs, particularly in the wake of the recently held Paris climate change conference.

Design/methodology/approach

Library-based approach is used, providing conceptual and theoretical understanding of climate change, GHG emissions and various market-based regulatory tools utilised in the United Kingdom and Nigeria in regulating emission associated with operations in the oil and gas industry.

Findings

The study reveals the significance of environmental regulations that encourage region integration and flexibility in the implementation of environmental policies. Moreover, it finds that the Paris Agreement re-affirms the utilisation of market-based regulations and indicates a future for investment in the oil and gas industry.

Practical implications

The study revealed that there are lacunas in regulations and strategies for the implementation of environmental regulations which need to be addressed in order to achieve zero or a significant decrease in gas flaring.

Originality/value

This study provided an ample opportunity to theoretically examine market-based regulatory tools utilised in the oil and gas industry in a developed country in relation to a developing country.

Details

Climate Change and the 2030 Corporate Agenda for Sustainable Development
Type: Book
ISBN: 978-1-78635-819-6

Keywords

Expert briefing
Publication date: 7 November 2016

COP22 has been dubbed "the COP of action, adaptation and Africa". It is a key opportunity to build confidence in the system of global cooperation adopted at the Paris Climate

Details

DOI: 10.1108/OXAN-DB214762

ISSN: 2633-304X

Keywords

Geographic
Topical

Abstract

Details

Putting the Genie Back
Type: Book
ISBN: 978-1-78714-447-7

Open Access
Article
Publication date: 10 November 2021

Wolfgang Buchholz and Dirk Rübbelke

Climate finance is regularly not only seen as a tool to efficiently combat global warming but also to solve development problems in the recipient countries and to support the…

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Abstract

Purpose

Climate finance is regularly not only seen as a tool to efficiently combat global warming but also to solve development problems in the recipient countries and to support the attainment of sustainable development goals. Thereby, conflicts between distributive and allocative objectives arise, which threaten the overall performance of such transfer schemes. Given the severity of the climate change problem, this study aims to raise concerns about whether the world can afford climate transfer schemes that do not focus on prevention of (and adaptation to) climate change but might be considered as a vehicle of rent-seeking by many agents.

Design/methodology/approach

Future designs of international transfer schemes within the framework of the Paris Agreement are to be based on experience gained from existing mechanisms. Therefore, the authors examine different existing schemes using a graphical technique first proposed by David Pearce and describe the conflicts between allocative and distributional goals that arise.

Findings

In line with the famous Tinbergen rule, the authors argue that other sustainability problems and issues of global fairness should not be primarily addressed by climate finance but should be mainly tackled by other means.

Research limitations/implications

As there is still ongoing, intense discussion about how the international transfer schemes addressed in Article 6 of the Paris Agreement should be designed, the research will help to sort some of the key arguments.

Practical implications

There are prominent international documents (like the Paris Agreement and the UN 2030 Agenda for Sustainable Development) seeking to address different goals simultaneously. While synergies between policies is desirable, there are major challenges for policy coordination. Addressing several different goals using fewer policy instruments, for example, will not succeed as the Tinbergen Rule points out.

Social implications

The integration of co-benefits in the analysis allows for taking into account the social effects of climate policy. As the authors argue, climate finance approaches could become overstrained if policymakers would consider them as tools to also solve local sustainability problems.

Originality/value

In this paper, the authors will not only examine what can be learnt from the clean development mechanism (CDM) for future schemes under Article 6 of the Paris Agreement but also observe the experiences gained from a non-CDM scheme. So the authors pay attention to the Trust Fund of the Global Environment Facility (GEF) which was established with global benefit orientation, i.e. – unlike the CDM – it was not regarded as an additional goal to support local sustainable development. Yet, despite its disregard of local co-benefits, the authors think that it is of particular importance to include the GEF in the analysis, as some important lessons can be learnt from it.

Book part
Publication date: 15 February 2021

Biswa Nath Bhattacharyay

Climate and environment-related financial risks could significantly and negatively impact the financial sector in future, particularly its financing to those sectors adversely…

Abstract

Climate and environment-related financial risks could significantly and negatively impact the financial sector in future, particularly its financing to those sectors adversely impacted by the climate-related risks, low-carbon policies and the transition from traditional energy sources-based economy to a more sustainable system with alternative energy sources. The participatory countries of the Paris Agreement agreed to align finance flows with a low-emission, low-carbon and climate-resilient growth, in order to facilitate achieving the long-term climate goals. The financial sector, therefore, needs to play a proactive role in aligning financial flows. It is, therefore, of utmost importance to study low-carbon finance and climate-related financial risks. This chapter examine how climate change can affect the financial sector. It discusses the concept, nature, measurement of climate risks and climate-related financial risks and associated prospects and challenges in the assessment and the measurement of these risks. It also presents the green financing initiatives and role of central banks and supervisory authorities and their monetary and financial policies in enhancing green financing and redirecting finance to low-carbon activities. In the financial sector, the insurance industry is highly vulnerable to such risks. The banking sector is yet to witness the serious impact of these risks. With the slowing of global economic growth, appropriate policies are needed to encourage banks to provide increased green finance with an adequate profitability. Studies recommend that climate-related risk has a strong potential impact on banks’ loan default rate as well as on the financial stability, there is hence a need to incorporate climate-related criteria and the systemic risk arising out of climate change into banks’ decision-making process and risk modelling and management. There is a need for developing an appropriate methodology for assessing and reducing these risks. Moreover, observers also anticipate a need for cooperation between banking regulators and banks to develop and adopt best practices in the management of environmental risks. The environment-related risks will call forth a multi-country, or regional, research office to collect and compile the required data and undertake analysis to enhance the banking sectors’ understanding of, and capacity to address, potential systemic environmental risks. What is needed is to test the feasibility of incorporating forward-looking scenarios for assessing potential impacts of providing credit to environmentally unsustainable or sustainable activities on financial stability.

Details

New Frontiers in Conflict Management and Peace Economics: With a Focus on Human Security
Type: Book
ISBN: 978-1-83982-426-5

Keywords

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