'The book is a pioneering attempt to see exactly what difference economic valuation of environmental effects would have made to six actual, on-going, development projects, if it had been done at the time of appraisal. It combines theoretical rigour with applied economic skills, presented with robust common sense.' - James Winpenny, Overseas Development Institute;This book is a practical and readable guide to valuing the environment and the implications for public investment and policy, useful for students as well as professional economists, policy-makers, engineers, environmental and social planners. It describes how the environment can be valued and how these valuation concepts can be applied to investment decisions.;The book provides first a general introduction to the key issues and concepts, considering the nature and magnitude of environmental problems, the cost-benefit method of evaluation and detailed methods for valuing the environment. It then analyses in detail six case-studies, based on actual or proposed major investment projects by the UK Overseas Development Administration or the World Bank. These include water quality in China, the supply of electricity in Bangladesh

This is an open access book. This edited volume discusses topics in environmental economics with a focus on sustainability, conservation, and responsible resource management. Written in memory of Peter Berck, Professor of Agricultural and Resource Economics at the University of California, Berkeley, the chapters expand upon his insights about the connections between human activities and the natural world.  The volume includes a selection of research on agriculture, energy, forestry, fisheries, land use, recycling, and conservation – all parts of the broad question of how natural resources can meet human needs while avoiding environmental degradation. Written from a 21st century perspective, with concerns about climate, renewable energy, biodiversity, and sustainable development, this volume will be of interest to researchers and students of agricultural and resource economics.

A deepening understanding of the importance of climate change has caused a recent and rapid increase in the number of climate change or climate-related laws. Trends in Climate Change Legislation offers an astute analysis of the political, institutional and economic factors that have motivated this surge, placing it into context. By focusing the analysis on both developed and developing countries, the contributors offer an extensive exploration of climate change legislation, and how it has been enacted on a global scale. Vitally, they make the link between the international commitments under the Paris Agreement and their delivery at national level. Concluding that strong climate legislation is essential to give credibility to the pledges that countries made in Paris, this book identifies the key provisions that good climate laws should contain, and addresses factors that influence the passing of climate laws. This stimulating and informative book will be of particular interest to parliamentarians, policy makers and lawyers involved in areas of climate policy and environmental law. It will also appeal to students and researchers with an interest in climate change legislation. Contributors include: A. Abeysinghe, A. Averchenkova, M. Bangalore, S. Barakat, A. Bowen, A. Clare, S. Fankhauser, J. Franca, I. Galarraga, C. Gennaioli, F. Green, S. Matikainen, M. Nachmany, I. Neuweg, E. Sainz de Murieta, J. Setzer

This volume documents recent efforts to track the transformation and trajectory of silver during the early modern period, from its origins in ores located on either side of the Atlantic to its use as currency in the financial centres of continental Europe. As a point of comparison, copper mining and its monetary use in the early modern Atlantic World will also be considered. Contributors rely mainly on economic and economic history methodologies, complemented by geographical and cultural history approaches. The use of novel software applications as tools to explain economic-historical episodes is also detailed.

Jointly published with INRA, Paris.
What will people eat in the future and how can the food requirements in terms of quantity and quality be met? This EU-based study elucidates the need for a productivity level that will make agriculture competitive on the market and yet is reconciled with the need to manage natural resources and lands wisely. In this book the necessary changes for European agriculture from the biological, medical, economic and political perspective are discussed.

A fresh and up-to-date discussion of Russia's manifold environmental crises, using the results of an elite survey and a framework based on the civil society literature. I believe this is the best treatment of its subject that is presently available and, given Russia's enormous territorial extent, it is a study that has important implications for everyone who has any concern for the future of Planet Earth.' - Stephen White, University of Glasgow, UKIn recent years, international, inter-governmental entities have acknowledged the importance of civil society for engaging stakeholders in environmental change, especially at the local community level, and in promoting democracy. In Russia, efforts by NGOs to promote reform since the fall of the Soviet Union have been aimed at achieving both objectives. This fascinating and highly illuminating book explores the political, legal, and attitudinal barriers to environmental reform in Russia since 1991. The authors, renowned experts in the field, explore efforts to develop a mature civil society in Russia, and analyze the policy views of environmental groups, the media, and the scientific community. Three important case studies underpin the study: suspended plans to build an oil pipeline near Lake Baikal; management of Cold War-generated radioactive waste at Chelyabinsk; and public reaction to the introduction of genetically modified foods. The conclusion is that although civil society groups face obstacles in the form of apathy, state-imposed constraints on their activities, and agency reluctance to confer on decisions, there are some successes in reversing decisions due in part to NGO pressures yielding reform. This path-breaking book will be of enormous interest to scholars, researchers and students focusing on comparative environmental policy and politics, contemporary public policy in Russia, and international politics. Contents: 1. Civil Society, Environment, and Russian Politics Post-1991 2. Russia s Environmental Challenges and their Management 3. Environmental Civil Society through Russian Eyes: Stakeholder Views 4. Case Studies and their Insights into Civil Society Growth: Chelyabinsk, Lake Baikal, and Genetically Modified Food 5. Interpreting Civil Society: Challenges, Change, and Environmental Significance 6. Conclusions: The Bas, the Good, and the Uncertain References

This is a global survey and assessment of the structure, evolution, and performance of water institutions administration policies and regulatory practices in regional, national, and international settings. The coverage includes analysis and discussion of the rationale for institutional innovations, based on case study findings; specific suggestions for sustainable institutional design; and recommendations for implementing institutional reforms.

California has a worldwide reputation as a pioneer of innovative policies for the control of air pollution by motor vehicles. Autos, Smog and Pollution Control analyses the difficulties which have been encountered in developing and implementing these policies. Professor Grant uses an analytical framework drawn from the leading theories of public policy formation, such as policy communities, to address the issues raised by California's policy making experience. This study shows how an ambitious attempt to encourage the use of electrically powered vehicles has faced technological constraints, consumer resistance and political opposition. Other policies developed in the state such as dealing with 'gross emitters', trip reduction programmes and the construction of light rail and subway systems are also critically examined. The concluding chapter relates Californian experience to the developing debate in Britain and the European Union about air pollution from motor vehicles. Autos, Smog and Pollution Control will be welcomed for its critical analysis of California's air pollution control policies as well as for the light which it sheds on contemporary theories of policy formation and the changing forces affecting environmental policymaking.

This book highlights China's theoretical advances and practical actions toward climate risk prevention in 2019. It provides both an overview and detailed discussion of specific topics, including case studies. The general report assesses the latest changes in the climate system both globally and in China, and identifies areas most susceptible to the impact of climate change. This is followed by topical reports on issues such as global climate governance, China's strategy in climate negotiations, the carbon trade, climate insurance, domestic actions to address climate concerns, including specific solutions to local challenges and achievements made by cities in China. Written by top experts in the field from Research Institute for Eco-civilization of Chinese Academy of Social Sciences and National Climate Center of China Meteorological Administration, the book aims to inform the readers on recent development and progress in climate risk prevention.

This book is a work that focuses on the forest environmental tax. Forest resources have played a major role in preventing global warming by absorbing carbon dioxide and supplying oxygen. However, global economic growth has adversely affected the global environment and has exacerbated global warming due to excessive consumption of forest resources. The functions or "services" of forests are diverse, but the interest of the citizenry in forest cultivation is scarce since forests are public goods. Concurrently, Japanese forestry, which has played an important role in forest conservation, is steadily declining, and it is no longer possible for private forest operators to maintain the forest environment. Therefore, in order to realize sustainable economic growth, it is necessary to formulate policies for the conservation of appropriate forest environments. Forest conservation is an especially important policy issue for Japan, where two-thirds of the country is forested. In Japan, a forest environmental tax is being introduced as a forest conservation policy. As of 2021, the forest environmental tax has already been introduced in about two-thirds of the prefectures and soon will be introduced as a national tax. In this book, the significance and issues of the forest environmental tax will be sorted out, and the status of the introduction of the forest environmental tax in Japan will be compared with that of other countries. In addition, there is additional material regarding the water source conservation fund in Toyota City, Aichi Prefecture, a system similar to the forest environmental tax.

This book examines the changing roles and functions of the soybean throughout world history and discusses how this reflects the complex processes of agrofood globalization. The book uses a historical lens to analyse the processes and features that brought us to the current global configuration of soy. From its origins as a peasant food in ancient China, today the protein-rich soybean is by far the most cultivated biotech crop on Earth, used to make a huge variety of food and industrial products, including animal feed, tofu, cooking oil, soy sauce, biodiesel and soap. While there is a burgeoning amount of literature on how the contemporary global soy web affects large tracts of our planet’s social and ecological systems, little attention has been given to the questions of how we got here and what alternative roles the soybean has played in the past. This book fills this gap and demonstrates that it is impossible to properly comprehend the contemporary global soybean chain, or the wider agrofood system of which it is a part, without looking at both their long and short historical development. However, a history of the soybean and its changing roles within equally changing agrofood systems is inexorably a history about globalization. Not only does this book map out where soybeans are produced, but also who governs, wields power and accumulates capital in the entire commodity chain from production to consumption, as well as identifying the institutional context the global commodity chain operates within. The book concludes by considering the soybean’s future role in a desirable agrofood system which improves human health, culture and livelihoods, and the provision of ecosystem services. This book is essential reading for students and scholars interested in agriculture and food systems, global commodity chains, globalization, environmental history, economic history and social-ecological systems.

This book provides a detailed coverage of how the circular economy aims to change the paradigm in relation to the linear economy, by limiting the environmental impact and waste of resources, as well as increasing efficiency at all stages of the product economy. It serves as the sole comprehensive overview of the role of biofuels in the circular economy. It contains updated information on the latest trends of techno-economic analysis of biofuels, economic transitions, low-carbon economies, green circular societies, and life cycle assessment of biofuels. This book delves deep into the economic security of the poor as well as the nexus between biofuel industry and global trade bodies, making it one of the few introductory books without bias toward the contribution of biofuels in circular economy. With its diverse contributions on themes such as biofuels as potential alternatives to fossil fuels, biofuel economics and policies; biofuel standards, blending, and future insecurities; economic transitions from biomass to biofuels; and biofuel economy, development, and food security, the book would be a great resource for a wide and multi-disciplinary readership base ranging from researchers to academics, policy makers, innovators, corporates, and non-profit organizations working in this area.

The field of globalization and transport has witnessed a surge in interest over the past two decades with scholars questioning the reasoning behind its growth, its impact on the environment and trade as well as its effect on the development of cities and supply chain logistics. The editors have selected seminal works from leading academics to address these issues and outline the diverse and controversial nature of this subject.

This is a practical book with clear descriptions of the most commonly used nonmarket methods. The first chapters of the book provide the context and theoretical foundation of nonmarket valuation along with a discussion of data collection procedures. The middle chapters describe the major stated- and revealed-preference valuation methods. For each method, the steps involved in implementation are laid out and carefully explained with supporting references from the published literature. The final chapters of the book examine the relevance of experimentation to economic valuation, the transfer of existing nonmarket values to new settings, and assessments of the reliability and validity of nonmarket values. The book is relevant to individuals in many professions at all career levels. Professionals in government agencies, attorneys involved with natural resource damage assessments, graduate students, and others will appreciate the thorough descriptions of how to design, implement, and analyze a nonmarket valuation study.

This book explores some of the complexities of decision-making under risk and uncertainty in environmental and natural resource economics. Risk and uncertainty are inherent problems for economists, and the authors in this volume offer numerous challenges and opportunities to improve the tools we use to assess these concepts. They begin by studying various environmental issues such as climate change and biodiversity conservation to underline the importance of identifying different forms of uncertainty and irreversibility. They move on to consider the implications risk and uncertainty have on economic development and environmental policies, and study the attitudes of different user-groups to these issues. Finally, they examine the natural resource management dilemmas faced by the private sector including issues of optimal resource allocation, insurance problems and consumer behaviour. Presenting cutting-edge research on the management of the environment under risk and uncertainty, this book will interest and inform academics and researchers in the fields of environmental and resource economics, and decision-makers in governmental and non-governmental agencies. It will also be of value to economists who want to understand the importance of analysing the impact of risk and uncertainty on environmental and economic processes.

Economic Effects of Natural Disasters explores how natural disasters affect sources of economic growth and development. Using theoretical econometrics and real-world data, and drawing on advances in climate change economics, the book shows scholars and researchers how to use various research methods and techniques to investigate and respond to natural disasters. No other book presents empirical frameworks for the evaluation of the quality of macroeconomic research practice with a focus on climate change and natural disasters. Because many of these subjects are so large, different regions of the world use different approaches, hence this resource presents tailored economic applications and evidence.

This book provides an in-depth analysis of groundwater uses and environmental issues in the Mekong Delta. It focuses on groundwater pollution and use, urban flooding, living with flood policy, and climate change-related adaptation measures. The Mekong Delta is facing these serious issues in the course of its development. This book uses economic analysis methods such as risk cost benefit analysis, cost effectiveness analysis, contingent valuation method, economic loss valuation, and multi criteria analysis to provide policy makers and researchers a better understanding of issues faced by sea level rise-impacted regions around the world and provide possible solutions. Students of environmental economics, economic valuation, and public policy can use this work to enhance their analytical skills.

This study investigates the complex link between natural disasters, individual behaviour - in the form of an individual's risk-taking propensity and level of trust - and the demand for microinsurance. Developing countries are particularly vulnerable to the impacts of natural hazards and climate change as they affect their development processes and set back poverty reduction efforts. Using a unique data set for rural Cambodia based on a survey, experimental games and a discrete choice experiment, the study highlights the importance of perceptions, expectations and psychological factors in decision-making processes with substantial consequences for long-term economic perspectives and poverty alleviation.

In response to the damage caused by a growth-led global economy, researchers across the world started investigating the association between environmental pollution and its possible determinants using different models and techniques. Most famously, the environmental Kuznets curve hypothesizes an inverted U-shaped association between environmental quality and gross domestic product (GDP). This book explores the latest literature on the environmental Kuznets curve, including developments in the methodology, the impacts of the pandemic, and other recent findings. Researchers have recently broadened the range of the list of drivers of environmental pollution under consideration, which now includes variables such as foreign direct investment, trade expansion, financial development, human activities, population growth, and renewable and nonrenewable energy resources, all of which vary across different countries and times. And in addition to CO2 emissions, other proxies for environmental quality – such as water, land, and ecological footprints – have been used in recent studies. This book also incorporates analysis of the relationship between economic growth and the environment during the COVID-19 crisis, presenting new empirical work on the impact of the pandemic on energy use, the financial sector, trade, and tourism. Collectively, these developments have improved the direction and extent of the environmental Kuznets curve hypothesis and broadened the basket of dependent and independent variables which may be incorporated. This book will be invaluable reading for researchers in environmental economics and econometrics.

The analysis of the relationship between transport and environmental policy invites an interdisciplinary treatment and a variety of approaches, and rightly so. An important subset of the approaches used involves economic analysis. Economic approaches often consider pricing policies, attempting to evaluate their effectiveness in comparison with more traditional measures such as command and control' regulation and directed technological innovation. Another important subset of approaches involves simulation modelling, where key relationships are presented mathematically so that their influence can be quantified and their interrelationships discerned precisely. This book treats the intersection of these two subsets: simulation models with a strong economic content. This intersection defines a broad but powerful way to study environment and transport. Its breadth is illustrated by the wide range of policies treated here, from carbon taxes to speed limits. Its power derives from the way insights into interrelated actions and the role of markets - the strong points of economic theory - are cast into a form suitable for making quantitative predictions about the results of policies. Case studies are used to show how simulation models can be designed and used to quantify the effectiveness of economic policies in terms of transport systems management and environmental protection, the emphasis being on the role of the markets in tracing the many effects that policies have, both anticipated and otherwise.

This Handbook assembles new contributions from influential authors such as Herman Daly, Paul Ekins, Marina Fischer-Kowalski, Jeroen van den Bergh, William E. Rees, Peter Bartelmus and Tim Jackson, who have helped define our understanding of growth and sustainability, as well as new thinking on topics such as degrowth, the debt-based financial system, cultural change, energy return on investment, shorter working hours and employment, and innovation and technology. Explorations of these issues can deepen our understanding of whether growth is sustainable and, in turn, whether a move away from growth can be sustained. With issues such as climate change looming large, our understanding of growth and sustainability is critical. This Handbook offers a broad range of perspectives that can help the reader decide: growth? Sustainability? Both? Or neither? Contributions are drawn from a wide range of disciplinary perspectives including economics, sociology, political science, philosophy, engineering and journalism, placing the work of established luminaries alongside emerging scholars who offer fresh new perspectives. A special section dedicated to exploring 'growth imperatives' that make transitioning away from economic growth difficult is provided, and the book includes a focus on cultural change and economic growth. Scholars, students and practitioners interested in ecological economics, sustainability and environmental studies will all find much of value in this multifaceted and comprehensive volume. Contributors: P. Bartelmus, B. Bartkowski, H.S. Brown, H. Daly, B. Dolter, P. Ekins, K.-H. Erb, M. Fischer-Kowalski, T. Green, H. Haberl, M. Hadjikakou, C. Hall, A. Hayden, T. Jackson, G. Kallis, A. Levy, R. Matthais, J. Meadowcroft, M. Paez-Victor, S. Pressman, S. Quilley, W. Rees, H. Schindler, F. Schneider, R. Scott, F. Sekulova, J. Steinberger, S. Strunz, P. Timmerman, J. Van Den Bergh, P.J. Vergragt, P.A Victor, T. Wiedmann

After numerous scienti?c papers and books on most aspects of climate change and the design of pro-environmental policies (including some that suit some industrial lobby or another), is there relevance for another book and what is the purported role of this one? Is this yet another academic exercise or "much ado about nothing"? Do we have to bother designing green economic policies and incur transaction costs of this effort? Are there shortcomings of existing policies if we care to live "happily" on this planet? Is it not enough to care for the current generations so that the future generations can take care of themselves (or even be given the incentives for in- vations - for lack of fully provided resources)? What can "we" do about the green economic policies (and what are these anyway)? What trade-offs, if any, are re- vant in foregoing some bene?ts and in incurring some costs (not all of which can be expressed in monetary units)? What are the overarching objectives and priorities in the current context? What economic and other approaches are relevant for atta- ing the objectives? These are some of the questions the author re?ected in writing this book.

In this study, the author constructs a systematic statistical framework for studying the environment and technology, the economy and society, and performs a series of analyses of the impact of human activities on the environment. The many topics analyzed include: energy consumption, resource use, water and air pollution, technology, recycling, and pollution prevention. From the theoretical perspective, Environmental Options: Accounting for Sustainability provides not only a model at the global level, but also at the level of individual industries, and for various social groups. Of equal significance, the framework also allows international linkages to be examined. The proposed framework will serve as a common yardstick in formulating environment policy in both developed and less developed countries, setting the standard for further international cooperation.

The Economics of Globally Shared and Public Goods responds to an urgent need to consolidate and refine the economic theories and explanations pertinent to globally shared resources. Making a clear distinction between theories and empirical models, it elucidates the problem of global public goods while incorporating insights from behavioral economics. Its comprehensive and technical review of existing theoretical models and their empirical results illuminate those models in practical applications. Relevant for economists and others working on challenges of globally shared goods such as climate change and global catastrophes, The Economics of Globally Shared and Public Goods provides a path toward greater co-operation and shared successes.

Greenhouse gas (GHG) offsets have long been promoted as an important element of a comprehensive climate policy approach. Offset programs can reduce the overall cost of achieving a given emission goal by enabling emission reductions to occur where costs are lower. Offsets have the potential to deliver sustainability co-benefits, through technology development and transfer. They can also develop human and institutional capacity for reducing emissions in sectors and locations not included in a cap and trade or a mandatory government policy. However, offsets can pose a risk to the environmental integrity of climate actions, especially if issues surrounding additionality, permanence, leakage, quantification and verification are not adequately addressed. The challenge is to design offset programs and policies that can maximize their potential benefits while minimizing their potential risks. This handbook provides a systematic and comprehensive review of existing offset programs. It looks at what offsets are, how offset mechanisms function, and the successes and pitfalls they have encountered. Coverage includes offset programs across the full swath of applications including mandatory and voluntary systems, government regulated and private markets, carbon offset funds, and accounting and reporting protocols such as the WBCSD/WRI GHG Protocol and ISO 14064. Learning from the successes and failures of these programs will be essential to crafting effective climate policy. This is an essential reference for all regulators, policy makers, business leaders and NGOs concerned with the design and operation of GHG offset programs world-wide. Published with SEI