Integrating environmental and world-systems analyses in chapters ranging from the ancient to the contemporary, from the global to the local, from West to East, and from North to South, this book is the first collection to analyze environmental issues from the world-systems perspective. The introduction provides Immanuel Wallerstein's fullest explication of the role of ecological constraints in the world-system. Early chapters diagnose the increasing environmental threats to global sustainability and suggest ways to arrive at an integrated theoretical understanding of those threats. The work then shows the historical and geographical range necessary to do justice to ecological considerations in chapters considering ancient civilizations, capitalism, the circumpolar North, the dam-builders of Asia, and the polluters of East Central Europe. The final chapters analyze the successes and limits of environmental movements in the United States, South Africa, and South Korea.

Economic values are increasingly used in policy analysis and legal settings. With the growing recognition that many of the things that benefit or harm people are outside the market system, have come increasing efforts to develop nonmarket valuation techniques. One such technique is the contingent valuation method (CVM). CVM seeks to value environmental and other nonmarket goods and services by asking individuals about their values using survey methods. These procedures are different from the revealed-preference' methods that economists have historically employed to estimate economic values. Why depart from well-established revealed-preference procedures and apply a stated-preference' method like CVM? For nonmarket goods and services, revealed-preference methods have two shortcomings that those applying CVM hope to avoid. First, revealed-preference methods involve econometric problems that have yet to be fully overcome. The second shortcoming of revealed-preference methods is that such methods, when applied to environmental amenities, are likely to be only partial measures of value. Given the tremendous interest that exists in economic values and the limitations of revealed-preference methods, it is not surprising that interest in CVM has grown rapidly. Environmental Resource Valuation reviews the application of CVM and compares American experiences in nonmarket evaluation with those in other countries.

This book develops a new theory of "identity" ecological modernization (EM), to analyze renewable history and policy development in many of the world's states, which are leading the drive to install renewable energy. "Identity EM" concerns how an industry has arisen allied to environmental NGOs to challenge the ascendancy of conventional energy technologies.

This book is a study of New Zealand shaking off its quasi-colonial dependence on Britain. Has New Zealand moved beyond its colonial heritage? Is it now time to remove the Union Jack from the national flag and change to a Republic? Hall analyses the three decades after World War II when changes in Britain, mainly as a consequence of that war, forced New Zealand to seek new markets for its exports, which were predominantly primary produce; notably meat, wool and dairy products. A key symbol of these changes was Britain becoming a member of the European Economic Community (EEC) in 1973 - how did this engagement with Europe impact on trade with a Commonwealth country? Significantly, rather than politicians and diplomats, voices of New Zealand's primary producers (the 'backbone of the economy') are used to describe the country's decolonisation in trade. The volume traces how relationships between Britain and one of its main dominions evolved from their quasi-colonial relationship and how the dominion coped with breaking away from over-dependence on Britain not just in economic terms but also in sentimental terms. Hall provides an interesting overview of the final stages of decolonisation.

This book was originally published by Claeys and Casteels, now formally part of Edward Elgar Publishing. This book focuses on the EU ETS, the European Union Emissions Trading Scheme, backbone of the European Union strategy to combat climate change, and its industry competitiveness implications. In the light of the discussion of the revision for the coming years, it aims to provide a toolbox of key elements to understand its functioning and to reflect on crucial improvements. Specifically, besides a general overview of the first phases of the scheme and current difficulties, the book aims to (i) deploy an energy-intensive, sector-level analysis, with both reference to academic literature (ex ante and ex post studies, paying special attention to the underlying assumptions) and stakeholders positions on the carbon leakage issue; (ii) present an overview of the existing ETS policy measures and worldwide experiences; (iii) reflect on the ongoing reform for the post-2020 period, starting from the European Commission's proposal and entering the technical and political debate taking place within the European institutions. "The EU ETS and the European industry competitiveness" provides the reader with a full understanding of the system, presenting problems, policy options, design aspects and global insights. It aims to identify potential improvements and to draw lessons for the coming years and the future phases, assessing if the current reform is actually on track to adequately protect business competitiveness.

This book explores a series of connected themes focused on the role economics and other influential forms of theory and thinking have played in creating the current predicament and the scope for alternatives and how they might be framed. Thirty years have passed since the inception of the United Nations Framework Convention on Climate Change (UNFCCC) and the beginning of policy on climate change. Thirty wasted years. To most politicians, long-term collective interest has been denominated in meaningless units of time, a never and forever that has continually delayed action. From complacency has come potential disaster, and we are now living in a time of climate emergency and ecological breakdown. The next decade is a pivotal period requiring fundamental change. But numerous impediments remain. Continual material, energy and economic growth on a planetary scale are manifestly impossible, and yet economic theory takes these as a given and political leadership and policy seem unwilling to accept brute reality. Instead, they offer a series of implausible commitments and pledges rooted in technofixes, without addressing the fundamental drivers of the problems the world faces. The edited volume explores the issues and offers a variety of ways to think through the problems at hand, from postgrowth, degrowth and social ecological economics to policy assemblage and transversalism. The chapters in this book were originally published in the journal Globalizations.

This book looks at how the benefits of economic development in the Great Lakes Region of Africa are not being equally distributed. It studies the impact of the increasing scramble for natural resources upon local livelihoods and considers the ambiguities that characterise the relationship between mining and development.

'Sustainability Analysis' provides a detailed exploration of current environmental thinking from a variety of perspectives, including institutional and psychological angles. Primarily focusing on macroeconomic policies and green national accounting, this book provides a strong basis for further study in sustainable development.

This Handbook demonstrates the well-established body of thinking on sustainable development which now exists, and its tighter focus today on limits to current economic growth patterns. But while there have been lots of big global debates on planetary boundaries, and thresholds for critical resources, there has been little progress on the ground and in getting the politics right. Contributing authors show that many of the models we use to understand and manage relations between planet, people and profit are hopelessly mis-specified. But better tools exist, such as sustainability indicators, national environmental accounts, and the ecological footprint to help bridge this gap.' - Camilla Toulmin, International Institute for Environment and Development (IIED), UK'There is now wide recognition that current patterns of economic development are already putting great strains on resources, environment and the climate and that, if continued, the consequences could undermine or reverse past development gains and, possibly, lead to catastrophe. In other words our current paths are unsustainable. This Handbook provides a very thorough, thoughtful and valuable contribution to our understanding of the possible meanings of sustainable development, how it can be understood and calibrated, and characteristics of and choices around alternative paths. This is a subject that should be at the centre of the study of development and encompasses many disciplines. And it should be a subject that commands the attention of all those who think carefully about our future well-being; they will find this Handbook fascinating and essential reading.' - Lord Nicholas Stern, London School of Economics and Political Science, UK This timely and important Handbook takes stock of progress made in our understanding of what sustainable development actually is and how it can be measured and achieved. This fully updated and revised second edition captures recent developments in the field, including 14 new chapters by internationally renowned authors from a variety of perspectives and disciplines. The authors explain that the gap between public commitments to sustainable development and real-world action towards achieving it is still significant, but not insurmountable, and that opportunities do exist to reduce that margin. Contributors synthesize the established knowledge and clearly present cutting-edge concepts from the frontier of sustainability research with direct relevance to theory and practice. Topics covered include: the fundamentals of sustainability; equity within and between generations; the capital approach; green growth; measurements and indicators of sustainability; climate change and wellbeing. This accessible, comprehensive and multidisciplinary approach to exploring the theory and practice of sustainable development will prove an invaluable reference tool for researchers, students, academics and practitioners with an interest in the field of sustainable development. Contributors: W.N. Adger, S. Afionis, J. Agyeman, M. Agarwala, J.A. Allan, G.B. Asheim, G. Atkinson, R.M. Auty, E.B. Barbier, A. Bowen, C. Carraro, M.A. Cole, G. Cranston, S. Dietz, L. Dupuy, O. Edenhofer, P. Ekins, S. Fankhauser, T.J. Foxon, A. Galli, G. Gosnell, A. Gouldson, R. Green, K. Hamilton, G. Heal, C. Hepburn, J. Hodbod, T. Jackson, S. Kadner, B. Kristr m, G.-M. Lange, P. Lawn, A. Lucchesi, G. Luderer, J.A. McGregor, G. McNicoll, J.C. Morales, Y. Mulugetta, E. Naikal, E. Neumayer, B.G. Norton, D. Pearce, A. Randall, Y. Rydin, G. Schwerhoff, R. Sullivan, A. Thompson, C.A. Tisdell, J.C.J.M. van den Bergh, J. Vogler, C. von Stechow, M. Wackernagel, A. Winkels, G. Yohe, Z. Zhang

The climate policy debate has been dominated by economic estimates of the costs of policies to reduce greenhouse gas emissions. Yet the models used to derive those estimates are based on assumptions that have largely gone untested. The conventional approach embodies structural features that rule out alternative market outcomes. In addition, the distribution of "climate rights" is crucial to determining the economic affects of various policies. Bringing these considerations to the forefront shows how domestic and international policy solutions might be found.

Few policy areas in recent history have the attention of the Australian public and polity as much as those relating to water. Water Policy in Australia considers the current policy reform agenda from agricultural, environmental, and cultural perspectives. It presents a comprehensive account of the country's critical water issues and provides expert perspectives from behavioral and institutional economists, engineers, hydrologists, sociologists, and water law specialists. norms, and values relating to the exploitation of water resources. Until the 1980s, the engineer was king, and policymakers viewed water as an endless resource for driving economic growth. However, in the last twenty years, policymakers have been forced to acknowledge that it is not possible to perpetually supply more water at a low cost. Consequently, the country has begun to focus on water resource management through legislative and institutional change - attempting to allocate water in a more economically efficient and socially and environmentally acceptable manner. institutional change, as well as valuable lessons on the design of property rights for complex resources. The editor and contributors look beyond recent reform efforts and address the hydrological, biophysical, economic, and social factors at play in Australia. The book addresses pertinent issues, such as irrigation in the Murray-Darling basin, one of Australia's largest drainage divisions; the progression from common law riparian rights to share-based entitlements that encourage sustainable water use; and the potential outcomes of the recent National Water Initiative, a wide-ranging strategy to improve water management and simultaneously maintain healthy groundwater and river systems.

Ten years after the publication of the first edition of this influential book, the evidence is even stronger that human economies are overwhelming the regenerative capacity of the planet. This book explains why long-term economic growth is infeasible, and why, especially in advanced economies, it is also undesirable. Simulations based on real data show that managing without growth is a better alternative. The book tells how the recent idea of economic growth emerged from the idea of progress, itself only a few hundred years old. Many reasons for questioning growth are given based on an extensive review of the data as well as on conceptual and methodological considerations. The experience of growth in several countries is documented, compared and found wanting. Possibilities for managing without growth in high income economies are simulated with a new, comprehensive systems model with many novel features. Three 50 year scenarios are compared: a base case, an ambitious greenhouse gas reduction scenario, and a sustainable prosperity scenario with broader environmental objectives, reduced income inequality, shorter working hours and the cessation of economic growth. The book closes with a review of policies to make this scenario a reality. This updated book is a valuable resource for a broad academic audience, including students and researchers in economics, environmental studies, environmental science, business studies, and geography, as well as social justice groups and NGOs concerned with the environment, inequality and employment.

This book rejects the idea that natural resource industries are doomed to slow growth. Rather, it examines the case of Norway to demonstrate that such industries can prove highly innovative and dynamic. Here, the case is compellingly made that a key empirical problem with the popular 'resource curse' argument is that some of the richest countries in the world - namely Norway, Sweden, Canada and Australia - have all developed fast-growing economies based on natural resources. Analysis of innovation and knowledge development in natural resource industries reveal important new insights about the role of learning and innovation. These insights are key to understanding variances in growth levels between natural resource-based economies. Ranestad illustrates how Norway's high economic performance is built on knowledge-based natural resource industries. While Norwegian industries may have originated because of foreign technology and expertise, they thrived due to further developments carried out by organisations within Norway. Ranestad looks at how these developments were possible due to the country's high level of human capital, capacity for knowledge absorption and ability to adapt to new global technological and economic circumstances.

This is a thorough revision of the 2007 publication, and includes five new chapters and brings all existing chapters completely up to date. There have been many advances in hydropower and renewable technologies since the original publication, and Europe, and particularly Scandinavia, plan many more in the coming years. From a review of the original edition: "... it is important to note that the author deals well with his selected topics. ... I recommend this book to all readers who wish to learn more about the economics of hydroelectric power." (Amitrajeet A. Batabyal, Interfaces, Vol. 39 (1), January-February, 2009)

The conservation of biodiversity is now big business. Whether called conservation banking, species banking, habitat banking, biodiversity banking, biodiversity offsets, compensatory mitigation or ecological footprint offsetting, the idea of financially valuing biodiversity and using the market and businesses to promote conservation is growing rapidly. This handbook is an essential and comprehensive guide to conservation banking explaining what it is, and how it works. The book covers the origins of conservation banking, the pros and cons of this approach to conservation, how conservation banking works in reality, the legal, practical and financial aspects of setting up and running a conservation bank and how 'biodiversity off-sets' can be internationalized. Authored by leading experts in the field of ecosystem markets, the book provides practical guidance, tools, case studies, analysis and insights into conservation banking in the United States, its 'biodiversity banking' namesake in Australia and other similar approaches internationally.

Leaving aside human and social capital for a future volume, the book should be viewed as a crucial first step in developing indicators for total wealth in the countries covered by the case studies, which include Kenya, Uganda, Tanzania, Ethiopia, Mozambique and South Africa. These case studies experiment with implementing the SEAA in sub-Saharan nations known to suffer from the 'resource curse': their wealth in resources and commodities has allowed inflows of liquidity, yet this cash has not funded crucial developments in infrastructure or education. What's more, resource-driven economies are highly vulnerable to commodity price mutability. The new measures of wealth deployed here offer more hope for the future in these countries than they themselves would once have allowed for.

The literature and research on environmental and resource economics has exploded in recent years. This major annual publication provides a cutting-edge survey of current research by the leading experts in the field. The Yearbook includes contributions on: * climate change policy * general equilibrium models in environmental and resource economics * hedonic property value techniques for policy and litigation * progress and problems in the economics of sustainability * valuing the health effects of pollution * the economics of carbon sequestration in agricultural soils * tradable permits for air quality * linking environmental ethics and environmental policy.

The last decade has seen increasing awareness of the importance of understanding corporate environmental management systems (EMSs) and their relationships with sustainability, competitiveness and institutional practice. It is now assumed that most large companies have some version of an EMS in place with systems ranging from informal policies and practices to formalised third-party certified systems that are widely publicized by companies and are now integral to their strategic direction. No matter what level and type of system a firm chooses, both practitioners and researchers wish to examine and better understand the extent to which these systems are cross-functional, how they impact on performance evaluation, their capability to monitor supply chains and the life-cycles of products and services and, most importantly, whether these systems actually make a contribution to better environmental performance. This book provides intriguing insights into strategic and sustainable EMSs. It provides clear evidence of benefits that should exceed the costs (tangible and otherwise), and help practitioners understand the attributes of well-developed and strategically focused EMSs. It also demonstrates the link to performance measures such as reputation, improved position in the marketplace, cost, quality, waste reduction and numerous sustainable development-based metrics and issues. The comprehensive scope of topics spans several industries and provides environmental systems insight involving sustainable management systems, strategic and operational impacts of environmental systems, cross-country comparisons of EMS design processes and results, product-based environmental systems, EMS impacts at innovative organisations and environmental systems integration within specific industries. The book is split into three sections. First, the book covers the broad issues of planning and designing an EMS and includes topics such as performance evaluation, comparisons between multinational environmental systems, sustainable development and links between already established quality systems and an EMS. The second section focuses on EMS implementation and operation and incorporates some corporate or industry-specific case studies. The third and final category of the book highlights the use of an EMS to evaluate business processes. Strategic Sustainability will be essential reading for both managers faced with decisions regarding their own EMSs and to researchers seeking additional insights from state-of-the-art examples for further theoretical development and testing.

Almost every manager today knows that satisfying customers by meeting their quality demands is a critical component of business success. Quality management is a given in modern companies - a competitive imperative. Yet it was not always so. Back when the quality movement was getting started, few managers really understood either the importance of quality to customers or how to manage for quality. Much the same could be said today about managing responsibility. Why and how should responsibility be managed? What is responsibility management? Total Responsibility Management answers these questions while at the same time providing a systemic framework for managing a company's responsibilities to stakeholders and the natural environment that can be applied in a wide range of contexts. This framework uses managerial familiarity with quality management to illustrate the drivers for responsibility management. Companies know that product or service quality affects their customer relationships and the trust customers have in the company's products and services. So, too, a company's management of its responsibilities to other constituencies affects its relationships with those other stakeholders and the natural environment. But why bother? The answer is quite simple. Never has it been easier for employees, reporters, activists, investors, community members, the media and other critical observers to find fault with companies and their subsidiaries. A problem identified, even in a remote region or within a remote supplier, can instantaneously be transmitted around the world at the click of a mouse. Ask footwear, toy, clothing and other highly visible branded companies what their recent experience with corporate critics has been and they will tell you about the need to manage their stakeholder responsibilities (human rights, labour relations, environmental, integrity-related) or face significant consequences in the limelight of public opinion. Managers will discover that whether they do it consciously or not, they are already managing responsibility, just as companies were already managing quality when the quality movement hit. This manual makes the process of managing responsibilities to and relationships with stakeholders and nature explicit. Making the process explicit is important because too few of today's decisions-makers yet understand how they are managing stakeholder responsibilities as well as they understand how to manage quality. Managing responsibilities goes well beyond traditional 'do good' or discretionary activities associated with philanthropy and volunteerism, which are frequently termed 'corporate social responsibility'. In its broadest sense, responsibility management means taking corporate citizenship seriously as a core part of the way the company develops and implements its business model. The specifics of responsibility management are unique to each company, its industry, its products and its stakeholders, yet, as this manual illustrates, a general approach to managing responsibility is feasible - indeed, is increasingly necessary. Based on work undertaken by Boston College and the International Labour Office, Total Responsibility Management is the first CSR manual. Its original case studies add value to a range of tools and exercises that will make it required reading for all managers in need of a practical guide to managing responsibility and to students and researchers looking for an overarching framework to contextualise the changing responsibilities of global business.

Tourism and the social organization of leisure cause environmental problems for coastal communities which depend on tourism for their economic survival. Global-local linkages and power relations in the global political economy are directly responsible for many of the difficulties currently experienced by these remote areas. Drawing on research from the disciplines of global political economy, global environmental politics and political ecology, this book analyzes the consequences that social and economic policies in global institutions and industrialized countries have on particular locales, outside the centre. Focussing on the underlying structures of the political economy and its social and environmental consequences, Kutting shows that global linkages can have dramatically different results even in supposedly similar situations. Not only does this illustrate the importance of historical and socio-structural factors, but it also demonstrates how environmental values can be more significant than environmental law.

This book elaborates on how Norway has managed to convert a large fraction of its endowment of hydrocarbons below the seabed of Norwegian waters into financial wealth, invested in the world's capital markets. Further, it explains how this wealth is managed. Under the current guidelines, only the assessed return on investment may be allotted to public budgets. This ensures that the wealth will benefit both current and future generations. The capital is gathered in the Sovereign Wealth Fund - or State Pension Fund Global (SPF-G) -, which is intended to maximize capital value without exceeding acceptable risks. The book offers new insights into the history and management of the fund, examines its successes,and discusses future challenges. Given its scope, it appeals to scholars of economics, finance and political science, and to anyone interested in the sustainable investment of natural resource-based revenues.

In recent years, analysts, researchers and environmental policy makers have been faced with a serious shortage of empirical data on environmental phenomena. In fact, the information gathered by various organisations has not yet been systematically classified into a consistent system of accounts. This book presents the results of a joint research effort by the Fondazione Eni Enrico Mattei and Italy's Central Statistical Office (ISTAT) to design a system of accounts for natural and environmental resources. The resulting environmental accounts can be integrated with the existing system of national accounts, in order to estimate the so-called green GDP' or net national product' (NNP).

This manual offers a detailed, up-to-date explanation of how to carry out economic valuation using stated preference techniques. It is relevant for the application of these techniques to all non-market goods and services including air and water quality; provision of public open space; health care that is not sold through private markets; risk reduction policies and investments not provided privately; provision of information as with the recorded heritage, the protection of cultural assets and so on. The resulting valuations can be used for a number of purposes including, but not limited to, demonstrating the importance of a good or service; cost-benefit analysis; setting priorities for environmental policy; design of economic instruments; green national/corporate accounting, and natural resource damage assessment. Compiled by the leading experts in the field, this manual starts by explaining the concepts. It shows how to choose the most appropriate technique and how to design the questionnaires. Detailed advice on econometric analysis is provided, as well as explanation of the pitfalls that need to be avoided.

The dilemma facing Cyprus--that of limited water supplies (both in terms of quantity and quality) in the face of steadily increasing water demand, coupled with a fragmented institutional structure of the water sector--is characteristic of most arid and semi-arid countries all over the world. Another common characteristic of Cyprus is that the water management administrative boundaries there do not coincide with the hydrological ones, while the ongoing political problem of the island creates significant administration problems.