Can businesses voluntarily adopt progressive environmental policies? Most environmental regulations are based on the assumption that the pursuit of profit leads firms to pollute the environment, and therefore governments must impose mandatory regulations. However, new instruments such as voluntary programs are increasingly important. Drawing on the economic theory of club goods, this book offers a theoretical account of voluntary environmental programs by identifying the institutional features that influence conditions under which programs can be effective. By linking program efficacy to club design, it focuses attention on collective action challenges faced by green clubs. Several analytic techniques are used to investigate the adoption and efficacy of ISO 14001, the most widely recognized voluntary environmental program in the world. These analyses show that, while the value of ISO 14001's brand reputation varies across policy and economic contexts, on average ISO 14001 members pollute less and comply better with governmental regulations.

This book focuses on land and disaster governance in Asian countries. The Asian region has become increasingly vulnerable to natural disasters, including floods, cyclones, storms, earthquakes, drought, typhoons and tsunamis. Further, as a result of unsustainable changes being made in patterns of land use, catchment and coastal zones, increasing population density, migration patterns, and the spread of consumer culture across countries, the impact of natural disasters has increased manifold. The book addresses two major concerns in this field. Firstly, it discusses topics intended to raise awareness among all stakeholders of the critical aspects of disaster management in the context of Asia. Secondly, it calls upon policymakers, researchers, academics, practitioners, private enterprises and civil society organizations, as well as all those who have been, are and will be affected by natural disasters to search for innovative and novel approaches to reducing risk and managing disasters.

Most of the chapters in this volume are authored by staff or associates of the Centre for Social and Economic Research on the Global Environment (CSERGE). CSERGE is a research centre sponsored by the UK Economic and Social Research Council (ESRC), which specialises in interdisciplinary work focussed on environmental management issues. Weare grateful for the long term support that we have received from the ESRC. We would also like to acknowledge the efforts of Ann Dixon and SHin Pearce in the preparation of this volume. vii INTRODUCTION CHAPTER 1. ECOLOGICAL ECONOMICS AND COASTAL ZONE ECOSYSTEMS' VALUES: AN OVERVIEW. Turner, R. K. , Bateman, I. J. and Adger, W. N. 1. 1 Coastal zone pressure and sustainable management challenges Given the continued intensification of the process of globalisation - involving population growth, population density changes via urbanisation, industrial development, increased trade and capital flows, liberalisation of transnational corporation activity and lifestyle and attitudinal changes - coastal zones and their hydrologically linked catchment areas have come under heavy environmental pressure. The scale and extent of socio-economic activities have profound implications for the now coevolving natural and human systems and their complex interrelationships (Turner, Perrings and Folke, 1997). The consequences of this process of change manifest themselves across a range of spatial and temporal scales. Indeed the juxtaposition of different spatial, functional and temporal scales that is inherent in the catchment-coastal ecosystems-seas/oceans continuum poses particularly difficult challenges for both science and resource management/governance.

This edited book brings together in one place new studies of rural-urban interactions and their implications for regional growth and development in different regions within Asia. Specifically, the individual chapters in the book shed light on the different kinds of rural-urban interactions that we witness in Asian regions, particularly those that are based on migration, poverty, inequality, education, economic dependence, and the flow of goods and services. The book departs from the existing literature in three ways. First, it explicitly recognizes that different kinds of rural-urban interactions have dissimilar impacts on the lives and hence on the welfare of the residents of rural and urban regions. Second, the book emphasizes the varied spatial and temporal dimensions of the interactions and the ways in which these dimensions influence rural and urban societies. Third, this book demonstrates the ways in which an understanding of the preceding two points contributes to our knowledge about economic growth and development. Because Asia is the fastest-growing and most dynamic continent in the world today, the research delineated in the individual chapters of the book provides practical guidance concerning two salient questions. First, how do we effectively address the economic development challenges stemming from the interactions between alternate rural and urban regions within Asia? Second, how do we ensure that the policies we design to address these challenges give rise to broad-based economic growth and development that is sustainable?

Written by a leading influencer in the circular economy who is widely credited for reframing the concept, the book presents complex ideas in an accessible fictional story. The book significantly increases Circular Economy literacy, awareness and appeal, in particular reaching a broader audience than those who are professional economists. Enables non-economists to frame sustainable solutions in economic terms. Gives a sense of hope to widespread societal malaise and concern about sustainability urgencies.

This book examines our understanding of technology and suggests that machines are counterfeit organisms that seem to replace human bodies but are ultimately means of displacing workloads and environmental loads beyond our horizon. It emphasises that technology is not the politically neutral revelation of natural principles that we tend to think, but largely a means of accumulating, through physically asymmetric exchange, the material means of harnessing natural forces to reinforce social relations of power. Alf Hornborg reflects on how our cultural illusions about technology appeared in history and how they continue to stand in the way of visions for an equal and sustainable world. He argues for a critical reconceptualisation of modern technology as an institution for redistributing human time, resources, and risks in world society. The book highlights a need to think of world trade in other terms than money and raises fundamental questions about the role of human-artifact relations in organising human societies. It will be of interest to a range of scholars working in anthropology, sociology, economics, development studies, and the philosophy of technology.

This book describes official statistics as a tool to hold up a mirror to society - but also as an instrument for those who can manipulate this mirror. It addresses the precarious interaction of politics, official statistics, and ethical principles. Three sets of themes can be derived from this relationship, which are the focus of this book: Political systems and guiding principles, official statistics as a science of the state, and ethical issues arising from them. Ultimately, the determining factor is the political system that exists in each case. The book contains eleven chapters. The first three focus on the key concepts of the book: power and morality, official statistics and policy making, and ethical principles for statistical work. Three further chapters focus on episodes that illustrate, as "drastic" examples, the misuse of official statistics over the past hundred years, covering the situation in the Soviet Union, the Third Reich and Greece. The remaining five chapters take up current topics that pose particular challenges to official statistics. These are the phenomena paraphrased by digitalisation, globalisation, happiness research, overpopulation, migration, the Covid-19 pandemic and climate change. The book is primarily aimed at statisticians working in national and international statistical institutions, but also at readers interested in statistics, national accounts, economic and statistics history, and ethical issues.

The growing inequality in the global economy across the planet is reaching unprecedented levels. This book seeks to develop frameworks for the assessment of excessive inequality and its impact on social-economic progress and sustainable development. It begins by summarizing the theoretical approaches of economic inequality, its specificity, and questioning what economic inequality really is and how it progresses. Next, the book explores issues of methodology for addressing the growing excessive economic inequality. It then applies these concepts to examine inequality across a range of the European Union (EU) countries. A variety of factors are considered, such as the impact of economic inequality on socio-economic progress, when normal inequality turns into excessive inequality, and its impact on economic growth, quality of life, and the environmental sustainability across different groups.

This fully updated and comprehensively revised edition of a classic text concentrates on the economics of conserving the living environment. It begins by covering the ethical foundations and basic economic paradigms' essential for understanding and assessing ecological economics. General strategies for global environmental conservation, policies for government intervention, developing countries, preserving wildlife and biodiversity, open-access to and common property in natural resources, conservation of natural areas, forestry, agriculture and the environment, tourism, sustainable development and demographic change are also all covered. This second edition deals with contemporary environmental policy issues that can be expected to be of lasting concern and importance - each chapter benefiting from either the addition of substantial sections of new material, valuable explanations or updates and revisions in light of developments in theory or world events and conditions. Updated techniques of economic analysis are also introduced, explained simply, and applied as appropriate. Economics of Environmental Conservation, Second Edition is written in an engaging and accessible manner and as such will be warmly received by both specialists and non-specialists in economics. It will find a wide readership amongst academics and policymakers in the fields of ecological, environmental and natural resource economics as well as those involved in development studies, environmental management and science, and conservation ecology and biology. Particular chapters will be of interest to those in tourism studies, agriculture, wildlife management and forestr

This book offers a comprehensive review of renewable energy sources and optimization strategies in hybrid power systems (HPSs). It analyses the main issues and challenges in the renewable (REW) HPS field, particularly those using fuel cell (FC) systems as their main source of energy. It then offers innovative solutions to these issues, comparing them to solutions currently found in the literature. The book discusses optimization algorithms and energy management strategies. The focus is chiefly on FC net power maximization and fuel economy strategies based on global optimization. The last two chapters discuss energy harvesting from photovoltaic systems and how to mitigate energy variability in REW FC HPS. The main content is supplemented by numerous examples and simulations. Academics, students and practitioners in relevant industrial branches interested in REW HPS finds it of considerable interest, as a reference book or for building their own HPSs based on the examples provided.

This two-volume book provides an important overview to EU economic and policy issues related to the development of the bioeconomy. What have been the recent trends and what are the implications for future economic development and policy making? Where does EU bioeconomy policy sit within an international context and what are the financial frameworks behind them? Volume II explores the EU food sector, as well as food law and legislation, rural development in the EU, bio-based economy strategy, the circular economy and and bioenergy policies.

The period of past four decades has been characterized as one of neo-liberalism, financialization, globalization, privatization and de-regulation. Inequality has risen in industrialised countries, labour's share in national income has been in decline and economic growth slowed. The evidence of the damage to the environment from human economic activity, and the dramatic consequences of failure to address climate change have become more apparent and urgent. The global financial crises shocked the complacency of the neo-liberal era, though a decade later it may be doubted how much has changed. The central purpose of this volume is to investigate a range of economic and social policies, which move in the direction of constructing a post-neoliberal world. These range over alternative forms of ownership (public, co-operative), policies to address and reverse economic and social inequalities, responses to the forces of globalization, re-constituting the financial system and its roles, and the nature of employment.

This collection of essays brings together discussions arguing that the circular economy must be linked to society and culture in order to create a viable concept for remodelling the economy. Covering a diverse range of topics and regions, including cities and living, food and human waste, packaging and law, fashion, design and art, this book provides a multi-layered examination of circularity. Transitioning to a circular economy, reducing resource input and waste, and narrowing material and energy loops are becoming an increasingly important targets to combat decades of unsustainable models of consumption. However, they will require a significant shift in social and cultural thinking and these dimensions have not yet been factored into policy debates and frameworks. While recognising the key role of individual consumers and their behaviours, the book goes beyond this singular perspective to provide equal focus on institutional and political structures as necessary drivers for real change. Social and Cultural Aspects of the Circular Economy argues for a social and solidarity economy (SSE) to combine individual actions with a wider cultural shift. It will be an important read for scholars, researchers, students and policy-makers in the circular economy, waste studies, consumption and other environmentally focused social sciences.

This book asks how we are to understand the relationship between capitalism and the environment, capitalism and food, and capitalism and social resistance. These questions come together to form a study of food regimes and the means by which capitalism organises both the environment and people to provision its distinctive system of ever-expanding consumption with food. Political Ecology, Food Regimes, and Food Sovereignty explores whether there are environmental limits to capitalism and its economic growth by addressing the ongoing and inter-linked crises of food, fossil fuels, and finance. It also considers its political limits, as the globally burgeoning 'precariat', peasants and indigenous people resist the further commodification of their livelihoods. This book draws from the field of Political Ecology to approach new ways of analysing capitalism, the environment and resistance, and also to propose new solutions to the current agro-ecological-economic crisis. It will be of particular interest to students and academics of Environmental Sociology, Human Geography, and Environmental Geography.

There are many studies confirming the relationship between financial systems and economic development, but there are few which examine the degree to which financial systems a) impact the quality of information, b) influence sound corporate governance, c) ensure effective mechanisms of risk management, d) mobilize savings and f) facilitate trade. In the context of sustainability, there should also be a line of inquiry into how a particular financial system influences the assurance and implementation of sustainable development principles and goals. This book delivers a methodological approach to designing and assessing sustainable financial systems. It provides an original contribution by prioritizing ESG factors in the decision-making process of financial institutions and identifying their impact on sustainable financial systems. The author argues that to achieve financial stability, it is necessary to have in place mechanisms designed to prevent financial problems from becoming systemic and/or threatening the stability of the financial and economic system, while maintaining (or not undermining) the economy's ability to sustain growth and perform its other functions. The book primarily takes a simulation and experimental approach. It is the first book to take such a comprehensive look at sustainable financial systems as opposed to sustainable finance in general. It will appeal to academics, students and researchers in the fields of economics, finance and banking, business, management and political and social sciences.

As the world plans for economic recovery following the global COVID-19 pandemic, major economies are looking to comprehensive strategies for addressing carbon risks and identifying green finance opportunities. Since Bank of England Governor Mark Carney and Michael Bloomberg began tackling climate change as a financial concern, the international financial community has been developing sophisticated analytical tools that will enable the success of comprehensive efforts to address carbon risks and identify green finance opportunities. This timely publication offers a cutting-edge analysis of the financial aspects of climate change. It discusses the most important analytical tools, their origin, how they work, where they can go, and how they fit into a larger strategy. First, reporting frameworks can allow companies to see how well they are addressing carbon risks, in particular with respect to the recommendations of the Task Force on Climate-related Financial Disclosures. Second, by quantifying how much greenhouse gas companies emit into the atmosphere as a direct or indirect result of their operations, carbon footprint calculations can help identify carbon risks with particular companies, especially within supply chains. Third, brown taxonomies can help investors identify current carbon risks by classifying fossil fuel assets in a systematic manner. Fourth, green taxonomies can help investors identify current green finance opportunities by classifying sustainable activities in a systematic manner. Fifth, scenario analysis for assets can help investors identify future carbon risks and green finance opportunities. Finally, stress testing for liabilities can help insurers and banks address future carbon risks and better inform policymakers. Scholars, policymakers, and business professionals will find this book informative. They will gain a comprehensive understanding of the analytical tools supporting efforts to address carbon risks and identify green finance opportunities. This will hopefully make these individuals more successful in their personal endeavors to build a more sustainable and resilient economy for future generations.

Reduction of poverty is a tremendous and persistent challenge for the global community. Given that the livelihood of millions is at stake, there is an urgent need to reconsider the causes of and the remedies for poverty. Poverty and its reduction are closely linked to the natural-resources base. The quality and bounty of the local environment certainly affect living conditions of the poor and their poverty is often seen as a contributing factor to the degraded condition of the local environment. Teasing apart the direction of causality in this resourcea "poverty nexus is a serious empirical challenge.

This book contributes to an improved understanding of the economic dimensions of environmental and natural-resource management and poverty alleviation. The ten chapters of the book offer an overview of the current knowledge concerning the relation between poverty, environment and natural-resource use. Three sides of the debate receive particular attention. First, the relation between resource use and poverty is discussed from a theoretical point of view. Second, it is questioned whether payments for environmental services or considering values of resources can be an effective tool for stimulating both sustainable resource use and poverty alleviation. Third, alternative strategies to break the land degradationa "poverty cycle are discussed.

Enabling Environment is as real as it gets. The global commons are jointly owned and their inhabitants are jointly obligated to ensure their preservation. In the face of protracted negotiations, convoluted documentation, discord, and incessant bickering among scientists, activists, pressure groups of various hues, politicians and negotiators, very often the people on the ground are ignored or taken for granted. In the meantime, life meanders along. It is these 'everyday individuals' who make consumption-related choices on their lifestyles, travel or on preferring certain products or services over others. Enabling Environment puts the individual front and center.

Ecosystem services need to be recognized, appropriately priced and the costs allocated to the agents concerned. Enabling Environment is about defining economic and non-economic incentive structures and utilizing them to arrive at pro-environmental outcomes. This collection of articles illustrates the use of existing social, economic and regulatory structures, and the financial architecture and instruments, suitably modified or extended, to help internalize the environmental externality.

Since the mid 1990s, theoretical and empirical research on how social capital affects well-being has blossomed in the field of economic development. Based on noted theoretical and empirical work in other social sciences, this concept is now becoming a vital new tool for economists. The chapters in this volume explore the challenges and opportunities raised by this concept for researchers, practitioners and teachers. Social Capital and Economic Development is based upon a consistent, policy-based vision of how social capital affects well-being in developing countries. The book includes a comparison of experimental and empirical evidence on social capital and a range of field-based evidence, from environmental to cultural to nation-building and on how investment in social capital can improve well-being. The contributions are from leading development economists as well as non-economic social scientists with expertise in this field. Development academics, practitioners, and environmental economists will find this coherent volume of great interest, as well as those involved in public policy in the developing world.

The decision to invest in oil field development is an extremely complex problem, even in the absence of uncertainty, due to the great number of technological alternatives that may be used, to the dynamic complexity of oil reservoirs - which involves mul- phase flows (oil, gas and water) in porous media with phase change, and to the c- plicated combinatorial optimization problem of choosing the optimal oil well network, that is, choosing the number and types of wells (horizontal, vertical, directional, m- tilateral) required for draining oil from a field with a view to maximizing its economic value. This problem becomes even more difficult when technical uncertainty and e- nomic uncertainty are considered. The former are uncertainties regarding the existence, volume and quality of a reservoir and may encourage an investment in information before the field is developed, in order to reduce these uncertainties and thus optimize the heavy investments required for developing the reservoir. The economic or market uncertainties are associated with the general movements of the economy, such as oil prices, gas demand, exchange rates, etc. , and may lead decision-makers to defer - vestments and wait for better market conditions. Choosing the optimal investment moment under uncertainty is a complex problem which traditionally involves dynamic programming tools and other techniques that are used by the real options theory.

This book addresses the global need to transition to a low-carbon society and economy by 2050. The authors interrogate the dominant frames used for understanding this challenge and the predominant policy approaches for achieving it. Highlighting the techno-optimism that informs our current understanding and policy options, Kirby and O'Mahony draw on the lessons of international development to situate the transition within a political economy framework. Assisted by thinking on future scenarios, they critically examine the range of pathways being implemented by both developed and developing countries, identifying the prevailing forms of climate capitalism led by technology. Based on evidence that this is inadequate to achieve a low-carbon and sustainable society, the authors identify an alternative approach. This advance emerges from community initiatives, discussions on postcapitalism and debates about wellbeing and degrowth. The re-positioning of society and environment at the core of development can be labelled "ecosocialism" - a concept which must be tempered against the conditions created by Trumpism and Brexit.

This book examines the critical issue of environmental pollutants produced by the textiles industry. Comprised of contributions from environmental scientists and materials and textiles scientists, this edited volume addresses the environmental impact of microplastics, with a particular focus on microfibres released by textiles into marine and freshwater environments. The chapters in Part I offer environmental perspectives focusing on the measurement of microplastics in the environment, their ingestion by small plankton and larger filter feeders, the effects of consuming microplastics, and the role of microplastics as a vector for transferring toxic contaminants in food webs. Written by environmental and material scientists, the chapters in Part II present potential solutions to the problem of microplastics released from textiles, discussing parameters of influence, water treatment, degradation in aquatic environments, textile end-of-life management, textile manufacturing and laundry, and possible policy measures. This is a much needed volume which brings together in one place environmental research with technical solutions in order to provide a cohesive and practical approach to mitigating and preventing environmental pollution from the textiles industry going forward. This book will be of great interest to students and scholars of environmental conservation and management, environmental pollution and environmental chemistry and toxicology, sustainability, as well as students and scholars of material and textiles science, textile engineering and sustainable manufacturing.

On Petrocultures brings together key essays by Imre Szeman, a leading scholar in the field of energy humanities and a critical voice in debates about globalization and neoliberalism. Szeman's most important and influential essays, in dialog with exciting new pieces written for the book, investigate ever-evolving circuits of power in the contemporary world, as manifested in struggles over space and belonging, redefinitions of work and individual autonomy, and the deep links between energy use and climate change. These essays explore life lived in the twenty-first century by examining critically the vocabulary through which capitalism makes sense of itself, focusing on concepts like the nation, globalization, neoliberalism, creativity, and entrepreneurship. At the heart of the volume is the concept of "petrocultures," which demands that we understand a fundamental fact of modern life: we are shaped by and through fossil fuels. Szeman argues that we cannot take steps to address global warming without fundamentally changing social, cultural, and political norms and expectations developed in conjunction with the energy riches of the past century. On Petrocultures maps the significant challenge of our dependence on fossil fuels and probes ways that we might begin to leave petrocultures behind.

Water exploitation has increased notably in the world during the last 250 years since the onset of industrialisation. The relationships between economic processes and water use are complex and include many interwoven drivers such as: technological development, dietary choices and food production, climate change, demographic change, and policy reforms, among others. Ensuring food, water, and energy for the growing population remains a common global challenge. Taking on a multi- and inter-disciplinary viewpoint, Water Resources and Economic Processes offers an up-to-date collection of contributions from leading scholars and works to gather research on important aspects of relevant fields and methodologies, including: Historical and long-term overview of the relations between income growth, water use, and technological development; Water markets and collaborative actions' promise and threats in the fight against water stress; Impact of climate change on water productivity, including inter- and intra-annual variations; Urban reforms and surveys on the attitude of citizens towards private and public mitigation and preservation measures; Regional, national, and global comparative case-studies; International trade, migration, conf licts, and the globalisation of water; Methodological and empirical challenges of building future scenarios. This book is a key reference text for those studying water governance and management. It is suited to PhD students, national institutions, and NGO, as well as other professionals interested in understanding sustainable water use at the local, national, and international scales.

Focuses on the coffee and tea industries, using accounts of single producer communities to highlight the transformation from plantation-style colonial agriculture towards systems that now claim to produce social and environmental benefits from the farm to the cup Includes tandem case studies of coffee in the Guatemalan highlands and tea in the hill country of Sri Lanka, incorporating the perspectives of coffee exporters, importers, roasters, and cafe owners.