Climate science paints a bleak picture: The continued growth of greenhouse gas emissions is increasingly likely to cause irreversible and catastrophic effects. Urgent action is needed to prepare for the initial rounds of climatic change, which are already unstoppable. While the opportunity to avert all climate damage has now passed, well-designed mitigation and adaptation policies, if adopted quickly, could still greatly reduce the likelihood of the most tragic and far-reaching impacts of climate change. Climate economics is the bridge between science and policy, translating scientific predictions about physical systems into projections about economic growth and human welfare that decision makers can most readily use but it has too often consisted of an overly technical, academic approach to the problem. Getting climate economics right is not about publishing the cleverest article of the year but rather about helping solve the dilemma of the century. The tasks ahead are daunting, and failure, unfortunately, is quite possible. Better approaches to climate economics will allow economists to be part of the solution rather than part of the problem. This book analyzes potential paths for improvement.

In recent years there have been several alarming predictions about the future of the planet s fish stocks. As a result, many national governments and supranational institutions, including the European Union, have instituted reforms designed to mitigate the crisis.

This book examines the discourse and practice of good governance in the context of fisheries management. It starts by examining the crisis of fisheries in the North Sea, caused primarily by overfishing and failure of the European Union s Common Fisheries Policy. It then goes on to analyse reforms to this policy enacted and planned between 2002 and 2013, and the proposition that collapse of fish stocks could occur as a result of deficiencies in new governing arrangements, i.e. failure to apply principles of good governance . The book argues that impediments to good governance practice in fisheries are not merely the result of implementation deficits, but that they constitute a more systematic failure. Governance theory addresses issues of power, but it does not recognise the many important spatially contingent and relational forms of power that are exercised in actual governing practice. For example, it frequently overlooks spatial practices and strategies, such as scale jumping, rescaling and the discursive redrawing of governing boundaries. This book exposes some of these spatial power relationships, showing that the presence of such relationships has implications for accountability and effective policymaking.

In sum, this book explores some of the ways in which we might better understand governance practice using theories of scale and relational concepts of power, and in the process it offers a critique and rethinking of governance theory. These reflections are made on the basis of an in-depth case study of the attempted pursuit of good governance in the European Union via institutional reforms, focusing particularly on the thorny and fascinating case of North Sea fisheries management.

Developed countries have committed to provide financial support for climate change mitigation and adaptation activities in developing countries. Current financial support is of the order of $10 to $15 billion per year, but over the past few years studies of the cost of mitigation and adaptation in developing countries have estimated the amounts as high as several hundred billion dollars per year. This Special Issue presents the first comprehensive overview of climate change finance in the peer reviewed literature, covering: ' Estimates of the cost of mitigation and adaptation in developing countries; ' The economic issues involved in estimating adaption costs; ' The link between adaptation and development; ' How funds could be raised and effective allocation of the available funds; ' Effective delivery of finance. Assembling and comparing estimates currently available only from a variety of reports, the volume provides a vital overview of the subject of climate change finance for negotiators, policymakers and researchers.

This book brings together geological, biological, radical economic, technological, historical and social perspectives on peak oil and other scarce resources. The contributors to this volume argue that these scarcities will put an end to the capitalist system as we know it and alternatives must be created. The book combines natural science with emancipatory thinking, focusing on bottom up alternatives and social struggles to change the world by taking action. The volume introduces original contributions to the debates on peak oil, land grabbing and social alternatives, thus creating a synthesis to gain an overview of the multiple crises of our times. The book sets out to analyse how crises of energy, climate, metals, minerals and the soil relate to the global land grab which has accelerated greatly since 2008, as well as to examine the crisis of profit production and political legitimacy. Based on a theoretical understanding of the multiple crises and the effects of peak oil and other scarcities on capital accumulation, the contributors explore the social innovations that provide an alternative. Using the most up to date research on resource crises, this integrative and critical analysis brings together the issues with a radical perspective on possibilites for future change as well as a strong social economic and ethical dimesion. The book should be of interest to researchers and students of environmental policy, politics, sustainable development and natural resource management.

The existence of environmental dilemmas and political conflicts leads us to appreciate the need for individuals and groups to behave strategically in order to achieve their goals and maintain their wellbeing. Global issues such as climate change, resource depletion, and pollution, as well as revolts and protests against corporations, regimes, and other central authorities, are the result of increased levels of externalities among individuals and nations. These all require policy intervention at international and global levels. This book includes chapters by experts proposing game theoretical solutions and applying experimental design to a variety of social issues related to global and international conflicts over natural resources and the environment. The focus of the book is on applications that have policy implications, relevance and, consequently, could lead to the establishment of policy dialogue. The chapters in the book address issues that are global in nature, such as international environmental agreements over climate change, international water management, common pool resources, public goods, international fisheries, international trade, and collective action, protest, and revolt. The book's main objective is to illustrate the usefulness of game theory and experimental economics in policy making at multiple levels and for various aspects related to global and international issues. The subject area of this book is already widely taught and researched, but it continues to gain popularity, given growing recognition that the environment and natural resources have become more strategic in human behavior.

This book aims to explore the avenue of landscape economics and provides the building blocks (from different scientific disciplines) for an economic analysis of landscapes. What exactly constitutes and determines the value of a landscape? It focuses on the value of landscapes in its broadest sense, thereby covering a variety of topics including stakeholder involvement in landscape design, landscape governance and landscape perceptions from different countries. Merely saying that landscapes have value or are important is not sufficient - not when resources are scarce and have alternative uses. Measuring and quantifying the economic value of changes in landscapes would help ensure that landscape management decisions are both (economically) rational and sound.

This book examines East Asia's inter-state collaborative energy projects to address energy vulnerability. It focuses on projects that have demonstrated effectiveness in addressing vulnerabilities faced by the ten states of the Association of Southeast Asian Nations and China, Japan, and South Korea in Northeast Asia. Including case studies on uncertainties in external sources of oil and gas supply, maritime piracy, continuation of energy poverty, and geographical barriers to cross-border electricity interconnection, expert contributors highlight how collaborative energy projects have been more successful than the traditional state rivalry in energy-related issues. The book develops the framework of energy vulnerability, avoiding usual securitization approaches, instead examining non-traditional security conceptualizations in studying energy policies to examine how issue-specific cooperation efforts between states arise and develop. Using East Asia as a starting point, contributors introduce a framework that advances the study of international energy cooperation. Managing Regional Energy Vulnerabilities in East Asia will be of interest to students and scholars of Asian studies, sociology, development studies, and international political economy particularly the political economy of East Asia, energy and development studies, regional and global governance of energy and the environmental economics.

In the midst of human-induced global climate change, powerful industrialized nations and rapidly industrializing nations are still heavily dependent on fossil fuels. Even if we arrive at a Hubbert's peak for oil extraction in the 21st century, the availability of technologically recoverable coal and natural gas will mean that fossil fuels continue to be burned for many years to come, and our civilization will have to deal with the consequences far into the future. Climate change will not discriminate between rich and poor nations, and yet the UN-driven process of negotiating a global climate governance regime has hit serious roadblocks. This book takes a trans-disciplinary perspective to identify the causes of failure in developing an international climate policy regime and lays out a roadmap for developing a post-Kyoto (post-2012) climate governance regime in the light of lessons learned from the Kyoto phase. Three critical policy analytical lenses are used to evaluate the inherent complexity of designing post-Kyoto climate policy: the politics of scale; the politics of ideology; and the politics of knowledge. The politics of scale lens focuses on the theme of temporal and spatial discounting observed in human societies and how it impacts the allocation of environmental commons and natural resources across space and time. The politics of ideology lens focuses on the themes of risk and uncertainty perception in complex, pluralistic human societies. The politics of knowledge lens focuses on the themes of knowledge and power dynamics in terms of governance and policy designs, such as marketization of climate governance observed in the Kyoto institutional regime.

Water scarcity is an increasing problem in many parts of the world, yet conventional supply-side economics and management are insufficient to deal with it. In this book the role of water trading as an instrument of integrated water resources management is explored in depth. It is also shown to be an instrument for conflict resolution, where it may be necessary to reallocate water in the context of increasing scarcity. Recent experiences of implementation in different river basins have shown their potential as instruments for improving allocation. These experiences, however, also show that there are implementation challenges and some limitations to trading that need to be considered. This book explores the various types of water trading formulas through the experience of using them in different parts of the world. The final result is varied because, in most cases, trading is conditioned by the legal and institutional framework in which the transactions are carried out. The role of government and the definition of water rights and licenses are critical for the success of water trading. The book studies the institutional framework and how transactions have been undertaken, drawing some lessons on how trading can improve. It also analyses whether trading has really been a positive instrument to manage scarcity and improve water ecosystems and pollution emission problems in those parts of the world which are most affected. The book concludes by making policy proposals to improve the implementation of water trading.

In a world of climate change and declining oil supplies, what is the plan for the provisioning of resources? Green economists suggest a need to replace the globalised economy, and its extended supply chains, with a more 'local' economy. But what does this mean in more concrete terms? How large is a local economy, how self-reliant can it be, and what resources will still need to be imported? The concept of the 'bioregion' - developed and popularised within the disciplines of earth sciences, biosciences and planning - may facilitate the reconceptualisation of the global economy as a system of largely self-sufficient local economies. A bioregional approach to economics assumes a different system of values to that which dominates neoclassical economics. The global economy is driven by growth, and the consumption ethic that matches this is one of expansion in range and quantity. Goods are defined as scarce, and access to them is a process based on competition. The bioregional approach challenges every aspect of that value system. It seeks a new ethic of consumption that prioritises locality, accountability and conviviality in the place of expansion and profit; it proposes a shift in the focus of the economy away from profits and towards provisioning; and it assumes a radical reorientation of work from employment towards livelihood. This book by leading green economist Molly Scott Cato sets out a visionary and yet rigorous account of what a bioregional approach to the economy would mean - and how to get there from here.

This book addresses the use, operation and maintenance of new renewable energy systems, taking into account their integration in the current electrical markets and in the new emergent uses of energy. The book is based on practical experiences which present different perspectives about what occurs once an energy production plant based on sources of renewable energy is in production. Questions to be addressed include: how the energy produced is integrated into the current system of energy production, what is its consideration in the electrical market, what the impact is on society, how differential the strategies of operation and maintenance are with respect to conventional systems of energy production, etc.

This book looks at environmental governance in both Asia and Europe and offers a comparative analysis of the two regions in order to provide a better understanding of the concept of 'environmental governance' and its status in Europe and Asia. The book assesses the legislative, institutional and participatory mechanisms which affect the overall development of environmental governance, and analyses current issues, concerns and strategies in respect of environmental governance at the local, national, and international levels. The rapid changes in economic, social and political life have had an enormous impact on Asia's ecosystems and resources. Asian countries, in the name of economic development, are following the same environmentally destructive path their European counterparts followed in the past. The key to the environmental future of these two regions lies in the evolution of the character of governance - the ensemble of social ethics, public policies and institutions which structure how state actors and the civil society interact with the environment. This book will be valuable to scholars and students of environmental politics, EU and Asian studies, public policy, environmental law, and to decision makers and policy analysts.

Ecological Economics from the Ground Up takes a unique and much-needed bottom-up approach to teaching ecological economics and political ecology, using case studies that focus on a wide range of internationally relevant topics, to teach the principles, concepts, methods and tools of these fields, which are seen as increasingly important in the context of the current triple social, economic and environmental crisis. This book provides learning materials which are grounded in the experience of Civil Society Organisations (CSOs), with case studies chosen by CSOs and developed collaboratively with leading ecological economists. The case studies come from Europe, India, Latin America, and Africa, and are presented thematically along three lines: 1) social metabolism and accounting methods, 2) institutions and participation, and 3) valuation and environmental policy tools. Core tools, concepts and glossary terms are embedded in topics chosen as a matter of urgency by activist organizations, related to mining and fossil fuel extraction, integrated transport infrastructure development, deforestation and agro-fuel production, sustainable tourism, waste management, wetlands and water management, payments for ecosystem services, natural disasters and hazards, and corporate accountability. Ecological Economics from the Ground Up has been designed to be an accessible learning aid for students of the sustainability sciences and for those CSOs that have recognised the value that ecological economics and political ecology tools and methods hold for their research and advocacy work.

Ecological Economics from the Ground Up takes a unique and much-needed bottom-up approach to teaching ecological economics and political ecology, using case studies that focus on a wide range of internationally relevant topics, to teach the principles, concepts, methods and tools of these fields, which are seen as increasingly important in the context of the current triple social, economic and environmental crisis. This book provides learning materials which are grounded in the experience of Civil Society Organisations (CSOs), with case studies chosen by CSOs and developed collaboratively with leading ecological economists. The case studies come from Europe, India, Latin America, and Africa, and are presented thematically along three lines: 1) social metabolism and accounting methods, 2) institutions and participation, and 3) valuation and environmental policy tools. Core tools, concepts and glossary terms are embedded in topics chosen as a matter of urgency by activist organizations, related to mining and fossil fuel extraction, integrated transport infrastructure development, deforestation and agro-fuel production, sustainable tourism, waste management, wetlands and water management, payments for ecosystem services, natural disasters and hazards, and corporate accountability. Ecological Economics from the Ground Up has been designed to be an accessible learning aid for students of the sustainability sciences and for those CSOs that have recognised the value that ecological economics and political ecology tools and methods hold for their research and advocacy work.

The first authoritative study of Japan's environmental problems by the acclaimed environmental economist, placing environmental issues within a socioeconomic context. In providing an historical account of environmental disruption in Japan, the author takes a number of key cases of industrial pollution in the pre-war and post-war periods and illustrates the effectiveness of taking into account socioeconomic affairs. Finally, he proposes a set of concrete countermeasures against environmental problems, applicable to all developed countries today, aimed at achieving a new 'quality of life'. First published in 2000, this title is part of the Bloomsbury Academic Collections series.

Ecosystems and biodiversity have been degraded over decades due to human activities. One of the critical causes is market failure: the current market only accounts tangible resources and neglects intangible functions, such as climate control and natural hazard mitigation. Under such circumstances in capitalism, land conversion and resource exploitation, which generate financial income, are highly prioritised over conservation, which is not necessarily beneficial in monetary terms. To halt ecosystem degradation, thus, the values of ecosystem services need to be visualised and economic instruments for ecosystem conservation should be further developed. This book focuses on these two aspects and performs several studies, including valuation of ecosystem services, productivity analysis, institutional design of payment for ecosystem services (PES), impact assessment of reduction emission from deforestation and forest degradation (REDD), and economic experiment of mitigation banking scheme. From these analysis, economic values of ecosystem services are demonstrated from both supply and demand side, and the directions for improving economic instruments are indicated both directly and indirectly. As many of these analysis are usually conducted in the North America and Europe, this book is unique in geographical focus, namely, Japan, Asia and globe. Also, wide variety of ecosystems are targeted for studies; agricultural lands, forests, wetlands, and marine. Hence, this will be informative introduction for those who desire to study economics of biodiversity and ecosystem services in these regions and of these ecological zones.

The 22 papers in this volume illustrate the itinerary of Henry Tulkens on the occasion of his retirement from teaching. The volume presents contemporary analysis of Tulkens classic papers on public sector economics. The collection is structured in four parts: I. Decentralized resource allocation processes for public and private goods - II. Environment, public goods and externalities - III. Efficiency analysis - IV. Fiscal competition and optimality.

The importance of the built environment to environmental protection is well established, with strict environmental regulations now a feature of the working lives of planners, contractors, building designers, and quantity surveyors alike. Those new to, or preparing to join this industry must have an understanding of how their environmental responsibilities relate to their professional responsibilities in economic terms.

Designed as an introductory textbook, Urban and Environmental Economics: An Introduction provides the background information from these disciplines to understand crucial tools and economic techniques. A broad range of theories of the natural and built environments and economics are explained, helping the reader develop a real understanding of the topics that influence this subject, such as:

• the history of economic thought on the built environment
• the economics of shared space in the built environment
• cost-benefit analysis and discounting
• macro-economic tools, measures, and policy
• sustainable development
• resource valuation.

Illustrated throughout, and with lists of further reading in every chapter, this book is ideal for students at all levels who need to get to grips with the economics of the environment within a built environment context. Particularly useful to those studying planning, land economy, environmental management, or housing development.

Published in 1989, Blueprint for a Green Economy presented, for the first time, practical policy measures for 'greening' modern economies and putting them on a path to sustainable development. This new book, written by two of the Blueprint for a Green Economy authors, revisits and updates its main messages by asking, first, what has been achieved in the past twenty years, and second, what more needs to be done to generate a truly 'green economy' in the twenty-first century? Blueprint for a Green Economy had one over-arching theme. Making economies more sustainable requires urgent progress in three key policy areas: valuing the environment, accounting for the environment and incentives for environmental improvement. Today, with the threat of global warming, the decline in major ecosystems and their services, and fears over energy security, achieving these goals is even more vital. The current book first summarizes the main messages from Blueprint for a Green Economy and explains why, given rapid and widespread global environmental degradation, they are still relevant. The book then examines the progress since Blueprint for a Green Economy in implementing policies and other measures to improve environmental valuation, accounting and incentives. Although much has been accomplished, additional advances are still required to green economies successfully. The book highlights the new policies and approaches needed for economic management of today's environmental concerns. Over twenty years later, A New Blueprint for a Green Economy once again emphasizes practical policies for greening modern economies, and explains why such an economic roadmap to a greener future is essential, if modern economies are to develop successfully and sustainably.

The third volume of the series presents contributions to the proceedings of the 12th and 13th annual conference of the Faculty of Economics and Business Administration at Sofia University. The fourteen articles by authors of six nations (Bulgaria, China, Germany, Italy, Russia, and Switzerland) have been selected by international peer reviews. The contributions are arranged in the sections theoretic approaches, empirical studies on European countries and contributions to sustainable development in theory and application. The volume contains 33 graphs, 20 tables and three drawings.

Environment: Why Read the Classics? presents six important essays by some of the world's leading environmental thinkers on six of the most emblematic books ever written on the environment. The books - Walden; A Sand County Almanac; Small is Beautiful; Silent Spring; The Limits to Growth; and Our Common Future - taken together have been hugely important in the development of global environmental awareness, activism and policy. The essayists - Viriato Soromenho-Marques, J. Baird Callicott, Jose Lima Santos, Tim O'Riordan, Satish Kumar and Marina Silva - invite readers to reflect on these ground-breaking works and examine their historical importance, as well as what they should mean to us today and what relevance they will have to future generations. More than just books about the environment, these are also philosophical treatises, in that they increase our understanding of the natural world and of ourselves, calling us "to weigh and consider", as Bacon put it. In particular, they make us reflect on the need to constantly redefine the purposes of progress, the economy and society. How we relate to nature is a crucial aspect in the plans we make as a species, and as individuals; and every one of these books inspires a more respectful relationship, both with nature and humanity, and consequently with ourselves. The six essays in this book are the result of a series of conferences organised in Lisbon by the Calouste Gulbenkian Foundation with the support of the American Embassy in Portugal. Its *raison d'etre* was to revisit the ideas that have shaped the environmental movement, seeking inspiration to deal with what looks like a very challenging future. The significance of such timeless concepts is now more apparent than ever; and these evergreen books are full of ideas that retain their spark even in our difficult times. This is what makes them classics. Environment: Why Read the Classics? is a provocative book and will be essential reading for all those concerned about the state of the world.

Over five decades of economic and technical assistance to the countries of Africa and the Middle East have failed to improve the life prospects for over 1.4 billion people who remain vulnerable. Billions of dollars have been spent on such assistance and yet little progress has been made. Persistent hunger and hopelessness threaten more than individuals and families. These conditions foster political alienation that can easily metastasize into hostility and aggression. Recent uprisings in the Middle East are emblematic of this problem. Vulnerable people give rise to vulnerable states. This book challenges the dominant catechism of development assistance by arguing that the focus on economic growth (and fighting poverty) has failed to bring about the promised "convergence." Poor people and poor countries have clearly not closed the gap on the rich industrialized world. Pursuing convergence has been a failure. Here we argue that development assistance must be reconstituted to focus on creating economic coherence. People are vulnerable because the economies in which they are embedded do not cohere. The absence of economic coherence means that economic processes do not work as they must if individual initiative is to result in improved livelihoods. Weak and vulnerable states must be strengthened so that they can become partners in the process of creating economic coherence. When economies do not cohere, countries become breeding grounds for localized civil conflicts that often spill across national borders.

Socially desirable responding (SDR) is an often-reported source of bias in survey interviews. It describes the tendency of a respondent to answer in a way that is socially desirable rather than to answer truthfully. This response bias also threatens the reliability and validity of survey-based environmental valuation techniques such as the Contingent Valuation Method (CVM). Therefore, the study deals with the assessment of the conditions for the occurrence of SDR in CVM interviews. A behavioral model is devised to take into account a set of factors triggering SDR responses. The impact of these factors of SDR on willingness to pay (WTP) responses is tested. The results reveal that the relevant factors do not affect WTP statements simultaneously but rather influence them in an independent manner. These findings can improve future CVM studies by identifying respondents who are prone to be influenced by SDR.

Interfuel substitution is an issue that is - and will likely remain - an important topic of inquiry for many years, as governments around the world seek to set policies that are intended to restrain carbon emissions or steer economies toward or away from certain fuels. This book contributes to this issue by estimating short- and long-term interfuel substitution elasticities, at the aggregate and sector levels, through the use of the latest advances in microeconometrics as well as recent international data for a number of OECD and non-OECD countries.

This volume assembles a group of eminent scholars to look at the problem of growth and environment from the perspective of environmental regulation. The questions addressed are: How does economic growth interact with regulation, and what are the best approaches to regulation in use today?

The context for the volume is the current situation in China, where twenty years of rapid growth have created a situation in which there are both demands for environmental regulation and needs for choosing a future development path. The advent of "A Macro-Environmental Strategy" for China presents an opportunity to ask how and why China should introduce regulation into its management of its development. The volume includes contributions from leading Chinese experts and established environmental economists from other countries including Timo Goeschl, Ben Groom and Andreas Kontoleon.

The volume looks at both the demand side of environmental regulation and the supply side. The demand side of regulatory intervention examines how regulation operates to supplement existing resource-allocation mechanisms, via effective demand aggregation and implementation mechanisms. The supply side of regulation examines how regulation operates to guide industrial growth down particular pathways, in the pursuit of managed development. Both sides of environmental regulation involve the important issue of implementation and enforcement.

This volume will be of most value to academics and scholars of environmental economics, growth economics, the Chinese economy and policy-makers of environmental regulations.