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Books > Earth & environment > The environment > Environmental economics > General
Environmental asset classes are not a hope for tomorrow but a reality today. This new asset category promises to grow dramatically in the 21st Century as financial analysts, investors, and corporations around the world try to find ways to profit or reduce costs while promoting environmental social benefits. Sustainable Investing and Environmental Markets: Opportunities in a New Asset Class presents a groundbreaking new way to "do well and to do good". With a combination of over 50 years of practical experience in the field of environmental finance, Richard Sandor, Nathan Clark, Murali Kanakasabai and Rafael Marques provide a solid preliminary understanding of the promising and transformational new investment category of environmental assets. Three broad asset classes - air and water; catastrophic and weather risk; and sustainability - are covered across 12 chapters which analyze how these environmental asset classes are currently being incorporated into commodities, fixed income, and equity instruments and what the future holds for the field.
This book explores structural changes in Greenland's economy and labour markets due to the transformative effects of climatic changes and growing international attention. It offers multidisciplinary perspectives from economists, sociologists, and political scientists to demonstrate how the Greenlandic economy works. Due to an increasing focus on the Arctic area and Greenland in particular, the book seeks to understand the functioning and dynamics of Greenland's labour economy, as well as the challenges that arise from the melting ice and internationalisation. It fills a substantive gap in the existing literature by compiling research on these critical subjects and exploring current and future opportunities for labourers. Today, Greenland is reliant on large financial subsidies from Denmark to provide for a large share of its national budget. This fuels Greenland's political ambition to gain greater independence from Denmark, which requires more private sector growth to develop a sustainable economy. This book thus contains an exhaustive introduction to important business development themes such as macroeconomics, markets, labour supply, labour market policies, and institutions and considers Greenland's colonial past, great Inuit heritage, and unique geography and nature to re-shape its economy and labour markets. Informed by a lucid writing style, each chapter casts light on different economic and social issues of Greenland. This is the first international book on Greenland's economy which discusses its geopolitical importance and prospects for the Arctic region. It will be a valuable point of reference for students and academics of economics, Arctic research and political economy.
* The real strength of the book lies in setting out an alternative vision to the current practice in economics, especially in light of the re-evaluation being forced by COVID-19 in addition to the climate crisis. * Offers an important challenge to the current corporate sustainability gospel expressed in recent books. * Written by a well-recognised commentator on the environment and economics. * The book specifically connects global environmental imperatives with their microeconomic implications for businesses and households, which makes it utterly unique.
The articles in this volume are selected from the contributions to two international conferences. Authors and teams tackle general economic approaches and developments with respect to new concepts for the production possibility frontier, the connection of development and exports diversification and improvements to the business process. Other contributors address economic sustainability with respect to an institutional path to sustainable growth, available financial instruments, behavioral models of economic expectations, solutions for waste treatment as well as to technological aspects related to security, privacy and IT governance. Finally, a third group of authors discusses health policy in the EU and postsecondary education in Bulgaria as aspects of public welfare.
The papers in this volume were presented at the Energy and Resource Workshop Series at Texas A&M University. Topics presented at the workshops were forums for the discussion of research concerning the economics of energy and other natural resources. Chapter topics include: new competition developing in the electric utility industry; the availability of fossil fuels throughout the coming century; innovations in natural gas exploration and production; and international cooperation to limit carbon emissions. This volume makes a timely and important addition to the series.
This title includes a number of Open Access chapters. With increasing global urbanization, the environments and ecologies of cities are often perceived to suffer. While pollution and destruction of green space and species may occur, cities also remain part of natural systems. Cities provide natural processes necessary for survival for humans and other living organisms in urban areas. Urban ecology elucidates some of these processes and sheds light on their importance to healthy, fulfilling urban livelihoods. Urban Ecology: Strategies for Green Infrastructure and Land Use provides background on issues relating to urban ecology and urban natural processes. The first section covers the types, values, and recognition of ecosystem services provided by natural processes in urban areas. The second section details the importance and potential of green spaces in urban areas. The third section focuses on biodiversity traits of cities, and the ways in which urbanization affects biodiversity indicators. Finally, the fourth section covers some of the tools and approaches available for urban planners and designers concerned with improving or maintaining urban environments and the services they provide. This easily accessible reference volume offers a comprehensive guide to this rapidly growing field. Case studies and up-to-date research provide urban planners with new options for creating cities that will meet the demands of the twenty-first century. Also appropriate for graduate students who are preparing for careers related to urban planning, this compendium captures and integrates the current work being done in this vitally important field.
This title includes a number of Open Access chapters. Two trends come together in the world's cities to make urban sustainability a critical issue today. First, greater and greater numbers of people are living in urban areas-and are projected to do so for the foreseeable future. Additionally, cities contribute to climate change in a significant way and must make systemic changes to mitigate and adapt to climate change effects. Urban planners face serious challenges in enhancing sustainability but also have an important set of tools available for creating innovative solutions. This book adds to the conversation about the place of urban planning in the creation and maintenance of sustainable cities.
Rich and informative case studies throughout bring this book to life for professionals and students alike. Written by one of the leading competitive experts in the world. Tackles a complex issues in a lively and engaging way.
Provides an understanding for the fundamental economic approaches to groundwater policy and project evaluation Incorporates cost-benefit analysis and life-cycle approaches in a triple-bottom line framework Includes new case studies on economics of groundwater data for decisionmaking Addresses local and regional groundwater economic choices through a series of practical applications Explains the economic value of groundwater recharge for sustainable use and needs
Customers are increasingly seeking "low-cost, high-quality" or what is known as frugal products that meet the buyer's needs while reducing the associated cost of ownership. This book examines the developing principles and theories of frugal innovations across the globe. The authors identify frugal innovation (FI) using a multi-method approach to data analysis. They argue that the concept of frugality as a societal/ethical value has undergone several changes and propose a differentiated model of frugal innovations. They address frugal innovations that have never been accessible to the public. Hands-on case studies across various industry sectors and countries, supported by theory, provide multiple learning opportunities. The authors explore the relationship between FI and digitalisation and technology, and discuss how FI can be applied in the context of contemporary issues such as food security. Further, they articulate the mechanisms by which FI beliefs and values can be incorporated into organisational culture. The final chapters address both ethical and controversial views of frugal innovation. The book is a valuable resource for students in business courses, for industry professionals wanting to improve their triple bottom line, and for educators wanting to influence and change the mindsets of the younger generations to effectively deal with today's and tomorrow's challenges.
Originally published in 1990, this book analysed the sensitivity of the world food system and looked at the variety of ways in which it would be affected by climate change. It describes the effects of climate change on agriculture, estimates the impacts on plant and animal growth and looks at the geographical limits to different types of farming. It also considers the range of possible ways to adapt agriculture and so to mitigate the disastrous consequences of climate change.
Originally published in 1994 this volume includes contributions from environmental scientists, consultants and research workers. The incidence and effects of the phenomenon of acid rain in the late 1970s, 80s and early 1990s , as well as certain remedies, are discussed at length. The roles of vehicles and power stations are examined in detail and legal aspects of curbing acid rain are considered.
This book presents essential advances in analytical frameworks and tools for modeling the spatial and economic impacts of disasters. In the wake of natural disasters, such as Hurricane Katrina, the Haiti Earthquake, and the East Japan Earthquake and Tsunami, as well as major terrorist attacks, the book analyzes disaster impacts from various perspectives, including resilience, space-time extensions, and decision-making strategies, in order to better understand how and to what extent these events impact economies and societies around the world. The contributing authors are internationally recognized experts from various disciplines, such as economics, geography, planning, regional science, civil engineering, and risk management. Thanks to the insights they provide, the book will benefit not only researchers in these and related fields, but also graduate students, disaster management professionals, and other decision-makers.
1) This is a comprehensive volume on energy security constructions in India. 2) It contains articles by well known scholars in the field like Girijesh Pant, Shebonti Ray Dadwal, S.D. Muni, G.V.C. Naidu etc., and looks at India's eastward engagement and its challenges and opportunities. 3) This book will be of interest to departments of South Asian Studies and East Asian Studies across UK and USA.
This book explores the microstructure of carbon markets and the pricing of carbon financial instruments generally. It provides a critical microstructure analysis of the EU Emissions Trading Scheme (EU-ETS), and also examines the theoretical and related market design issues affecting emissions trading schemes. Individual chapters analyse how intraday pricing evolves in carbon markets, the price impact of block trades in carbon financial instruments and their determinants, short and long-term liquidity effects in carbon markets, and the links between carbon market liquidity and efficiency. The aforementioned issues are explored using case studies of two major trading platforms operating within the EU-ETS. The book concludes by focusing on future policy and regulatory challenges in carbon markets, especially with respect to addressing pricing volatility challenges.
This book highlights the challenges faced by renewable energy enterprises (REEs) in emerging markets, by reflecting on the enterprises' own stories and experiences. Research into REEs has focused largely on successful businesses and business models, and developed markets. With significant opportunities for renewable energy enterprise in emerging markets, this book presents a unique business-level perspective. It highlights the key barriers and outlines the strategic and operational solutions for success articulated by the entrepreneurs themselves. The research draws on interviews with entrepreneurs in twenty-eight emerging markets, including Barbados, Cambodia, Chile, Ghana, Indonesia, India, Kenya, South Africa and Uganda. The book concludes by summarising the key solutions for success and illustrating how successful REEs put them into practice. This book will be of great interest to students and scholars of renewable energy, sustainable business and the sustainability agenda in emerging markets.
This book considers the concept of 'value' at the root of our actions and decision-making. Value is an ever-present, yet little interrogated aspect of everyday life. This book explores value as it is theorised, practiced and critiqued from a variety of disciplinary perspectives. It examines how value is operationalized, endorsed and contested in contemporary society. With international insights from leading scholars, chapters offer a diverse and vibrant geographical engagement with value to showcase its conceptual flexibility. The book explores value's eclectic epistemic foundations; it's 'roll-out' and legitimation across a range of policy fields; and its challenges and opportunities. The book draws on global examples of value in practice: from forest conservation in Indonesia; protected area management in arctic Norway; a state park in the US; certification schemes for biodiversity in the UK; protection of the international night sky; heritage planning in East Taiwan; a re-developed airport site in Norway; a, local food networks in Canada and the UK; a market in the US and urban development in China. The book will be of interest to human geographers, political ecologists, heritage scholars and practitioners, planners and those working in public policy, as well as practitioners and policy makers interested in how valuation processes work.
The book is meant to improve our understanding of sustainable development of production and consumption. Monetary values of the impact of emission and resources are determined, and used in environmental management, with a focus on sustainability. Values related to cultural context are not possible to predict, therefore ignored. The book only focuses on environmental goods and services that are used to satisfy basic human needs. One of the benefits of monetary valuation is its holistic approach. The impact of any contributing factor on the total value, can be determined, and the sensitivity to uncertainty in inputs can be estimated. This is useful in developing knowledge, where it is most needed. In a society, there are many economic units which need to function in tandem to support human welfare. Each unit has its own system boundary in what it includes and covers in time and space. The system boundary of a sustainable unit is likely to be very long and wide. This book provides data on long term monetary values of environmental impacts from human activities. It discusses the choice of system boundaries, and how to use monetary values in sustainable development. A large part of the book describes impact models in terms of the relation between emissions and natural goods and services.
This book explains how the U.S. federal system manages environmental health issues, with a unique focus on risk management and human health outcomes. Building on a generic approach for understanding human health risk, this book shows how federalism has evolved in response to environmental health problems, political and ideological variations in Washington D.C, as well as in-state and local governments. It examines laws, rules and regulations, showing how they stretch or fail to adapt to environmental health challenges. Emphasis is placed on human health and safety risk and how decisions have been influenced by environmental health information. The authors review different forms of federalism, and analyse how it has had to adapt to ever evolving environmental health hazards, such as global climate change, nanomaterials, nuclear waste, fresh air and water, as well as examining the impact of robotics and artificial intelligence on worker environmental health. They demonstrate the process for assessing hazard information and the process for federalism risk management, and subsequently arguing that human health and safety should receive greater attention. This book will be essential reading for students and scholars working on environmental health and environmental policy, particularly from a public health, and risk management viewpoint, in addition to practitioners and policymakers involved in environmental management and public policy.
Pricing Carbon Emissions provides an economic critique on the utopian idea of a uniform carbon price for addressing rising carbon emissions, exposing the flaws in the economic propositions with a key focus on the EU's Emissions Trading System (ETS). After an Executive Summary of the contents, the chapters build up understanding of orthodox economics' role in protecting the neoliberal paradigm. A salient case, the ETS is successful in shielding the Business-as-Usual activities of the EU's industry, however this book argues that the system fails in creating innovation for decarbonizing production technologies. A subsequent political economy analysis by the author points to the discursive power of giant fossil fuel and electricity companies keeping up a facade of Cap-and-Trade utopia and hiding the reality of free permit donations and administrative price control, concealing financial bills mostly paid by household electricity customers. The twilights between reality and utopia in the EU's ETS are exposed, concluding an immediate end of the system is necessary for effective and just climate policy. The work argues that the proposition of shifting to a global uniform carbon tax is equally utopian. In practice, a uniform price applied on heterogeneous cases is not a source of benefits but one of ad-hoc adjustments, exceptions, and exemptions. Carbon pricing does not induce innovation, however assumed by the economic models used by IPCC for advising global climate policy. Thus, it is persuasively demonstrated by the author that these schemes are doomed to failure and room and resources need to be created for more effective and just climate politics. The book's conclusion is based on economic arguments, complementing the critique of political scientists. This book is written for a broad audience interested in climate policy eager to understand why decarbonizing progress is slow as it is. It marks a significant addition to the literature on climate politics, carbon pricing and the political economy of the environment more broadly. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
This book examines changes and transitions in the way water is managed in urban environments. This book originated from a joint French-Australian initiative on water and land management held in Montpellier, France. The book delivers practical insights into urban water management. It links scientific insights of researchers with the practical experiences of urban water practitioners to understand and respond to key trends in how urban water is supplied, treated and consumed. The 51 contributors to the volume provide a range of insights, case studies, summaries and analyses of urban water and from a global perspective. The first section on water supply and sanitation includes case studies from Zimbabwe, France and South Africa, among others. Water demand and water economics are addressed in the second section of the book, with chapters on long-term water demand forecasting, the social determinants of water consumption in Australian cities, a study of water quality and consumption in France, governance and regulation of the urban water sector and more. The third section explores water governance and integrated management, with chapters on water management in Quebec, in the Rotterdam-Rijnmond urban area, in Singapore and in Australia. The final section offers perspectives on challenges and future uncertainties for urban water systems in transition. Collectively, the diverse insights provide an important step forward in response to the challenges of sustainably delivering water safely, efficiently and equitably.
First published in 1995. Based on a detailed adjustment for the quality of inputs and outputs, this study develops state-level measures for total factor productivity growth in US agriculture which are used to determine (i) the presence and determinants of convergence across states; (ii) the contribution of individual factors of production to productivity growth; (iii) the importance of spillovers across states; (iv) the economic effects of, returns to, and factor biases of research and extension. This title will be of great interest to students of economics and agriculture.
Local Food Systems and Community Economic Development provides scholarly and practical knowledge on a range of issues often associated with local food system development. Many people agree that there are unintended consequences associated with the manner in which our food supply chain has evolved. These concerns range in focus from health, to environment, to economic structure, to social justice. But, for each argument critical of our current food system, there are to be found strong counter-arguments; the popular press is replete with stories that lean toward taking specific sides in these arguments, often demonizing those on the other side. In this volume local food scholars strive to be fair, balanced, and as factual as possible in their arguments. This even-handed approach is appropriate as it should foster more sustainable community change and should lead us toward a stronger foundation for scholarly inquiry and ultimately more respect and credibility for efforts to better understand the phenomenon of local and regional food system development. Amidst a deepening interest in local food systems as a community economic development strategy, Local Food Systems and Community Economic Development will be of great interest to scholars of community development, rural studies, agriculture, food systems, and rural economy. The chapters originally published as a special issue of Community Development.
The fall of the Soviet Union was a transformative event for the national political economies of Eastern Europe, leading not only to new regimes of ownership and development but to dramatic changes in the natural world itself. This painstakingly researched volume focuses on the emblematic case of postsocialist Romania, in which the transition from collectivization to privatization profoundly reshaped the nation's forests, farmlands, and rivers. From bureaucrats abetting illegal deforestation to peasants opposing government agricultural policies, it reveals the social and political mechanisms by which neoliberalism was introduced into the Romanian landscape.
This volume consists of three sections connected by the elucidation of differences in perspective between people and polities. The first, concentrating on ecology, serves in part to further explore the theme of climate change. It looks into aquifer usage and ecology in the Midwestern United States, farming and climate shifts in Costa Rica and in Burkina Faso, and goat herding and conservation issues in the Himalayas. The second section focuses on exchange transactions and relations in a variety of situations and settings: among Nigerian immigrant business owners in New York City, along the path of the famous Koh-i-noor Diamond from India to the Tower of London, and between dealers and buyers in illegal narcotics markets in the Eastern, Midwestern, and Pacific Northwestern USA. Finally, papers in the third section share a concern with individual and group adaptations to certain conditions of life. Offered are investigations into relations between stock brokers and professional investors in Malaysia, attempts to foster innovation in Western Japan, women's farming strategies and autonomy in Western Kenya, and alternative healing decisions and practices in Brazil. |
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