Environment

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    Melting ice caps will open the northern sea to commercial traffic and change world trade patterns

Melting ice caps will open the northern sea to commercial traffic and change world trade patterns

Arctic ice cover has been shrinking as a result of global warming. Besides the important and critical environmental and economic effects of melting ice caps, a side effect is to open the northern sea route for high volume commercial traffic. This shipping route will connect East Asia – Japan, South Korea, Taiwan and China – with North-western Europe through […]

Collectivists, individualists and indifferents

Consumers increasingly prefer to purchase sustainable and healthy products. This trend is important if we are to meet the United Nations Sustainable Development Goals.

However, most evidence about consumer preferences is based on self-reported purchases rather than consumers’ actual purchases. Moreover, when asked, consumers tend to overstate their sustainability and health-conscious purchases.

The problem with this situation is that companies wishing […]

July 13th, 2018|Environment|0 Comments|
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    The level of trust in a country affects environmental compliance by firms

The level of trust in a country affects environmental compliance by firms

What affects how compliant businesses are with environmental regulations? Traditional enforcement measures such as fines and inspections by authorities can be an effective deterrent for rule-breaking. Recent research has also shown that information-based enforcement tools can be effective at increasing compliance, for instance a “watch list” in the Clean Air Act in the United States that keeps track of […]

July 11th, 2018|Environment|0 Comments|

When CEO hubris leads to environmental innovation

Rupert Murdoch, Marissa Mayer, Jean Marie Messier. What do they have in common? All of them are famous CEOs of successful or unsuccessful business empires and all, at some point, were accused for their hubristic personalities. The ‘hubris syndrome’ is a psychological state affecting leaders in positions of authority and power. It is characterised by an exaggerated self-belief, sense […]

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    How businesses in sub-Saharan Africa are adapting to climate change

How businesses in sub-Saharan Africa are adapting to climate change

Climate change poses increasing risks to economic growth and development across the world and particularly in developing countries. A critical issue is the extent to which private actors, and especially businesses, are able to adapt to climate risks. In Africa, the private sector generates two-thirds of the continent’s investment, 75 per cent of its economic output and 90 per […]

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    Climate change: extreme heat will decrease rural employment and increase migration in Mexico

Climate change: extreme heat will decrease rural employment and increase migration in Mexico

Climate change is predicted to bring increased incidence of extreme weather events, rising temperatures, melting ice caps, and changing precipitation patterns. A growing body of literature suggests that the economic costs of climate change may be substantial and far-reaching, impacting agriculture, mortality, labour productivity, economic growth, civil conflict, and migration. Until recently, however, the literature has remained relatively silent […]

Which eco-labels deliver what they promise?

With more than 450 eco-labels worldwide, consumers have greater access to information about which products offer superior environmental attributes. However, consumers often do not know the meaning behind a particular eco-label. For example, the European Union (EU) Flower is Europe’s most widely recognised eco-label. Yet 40 per cent of United Kingdom residents state that they do not know its meaning. Fewer consumers understand the “rules,” […]

May 11th, 2018|Environment|0 Comments|
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    Intellectual property rights and the transfer of low-carbon technologies to other countries

Intellectual property rights and the transfer of low-carbon technologies to other countries

Wide access to clean technologies is crucial to meet the Paris Agreement goal of limiting the increase in global temperatures to well below 2 degrees Celsius. This requires considerable technology transfers from North to South as 90 per cent of the increase in global carbon emissions until 2050 is expected to occur in the developing world, while the vast […]

UK must create a cap-and-trade pollution market

PMQs on Wednesday opened with an attack on the Government’s air pollution strategy from the backbenches. It was by no means the first time in recent years the strategy has been challenged. It wasn’t even the first time that day. That morning, Government had – for the third time – lost a legal battle over its plan.

All this controversy […]

February 23rd, 2018|Dan Lewis, Environment|0 Comments|

Delinking economic growth and CO2 emission is possible

Six of the top 10 emitters of greenhouse gas are developing countries, according to a recent analysis of the World Resources Institute (see Figure 1). At present, developing countries already account for more than half of total annual emissions, and the share will only rise as developing countries grow. Clearly, achieving the global climate targets of the Paris Agreement […]

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    We can’t rely on corporations to save us from climate change

We can’t rely on corporations to save us from climate change

Climate change is now the ever-present reality of human experience. Late last year we witnessed a procession of huge hurricanes batter the US and Caribbean, the largest wildfires on record burn through California, and in Australia, despite the death of up to half of the Great Barrier Reef in back-to-back coral bleaching events, political support for new mega-coal mines […]

Socially responsible investment is growing at a fast clip

The Paris Agreement on climate change took place in December 2015 with signatories agreeing to keep the rise in global temperatures below 2 degrees Celsius (above pre-industrial levels). The most recent follow-up meeting took place in Bonn, Germany in November. Politicians, NGOs and regulators have taken the lead, but they need the financial services industry to put its money […]

December 19th, 2017|Environment, Tim Fright|0 Comments|

Simulating shared mobility in Helsinki

New types of ride-sharing services offered by companies like Uber, Lyft and Cabify have been gaining ground in recent years, especially in urban areas. The conflation of technology, both within and outside of the transport sector, with evolving societal trends around the production and consumption of services has been faster than anticipated by many authorities and has outpaced the […]

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    Low-carbon services can enhance the UK’s economic prospects

Low-carbon services can enhance the UK’s economic prospects

The government’s post-Brexit customs proposals, published on 15 August, recognised that one of the biggest opportunities for the UK is in trade in services. The second largest exporter of services worldwide, with services accounting for 45 per cent of the country’s exports in 2016, the UK already has a head start on its competitors. Last month Liam Fox, UK Minister for […]

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    Lessons from Paris 2015: In multilateral negotiations, process is key

Lessons from Paris 2015: In multilateral negotiations, process is key

Recent attempts to advance international cooperation have shown the importance of a very well managed negotiation process. While the UN climate change negotiations in Copenhagen ended without official agreement in 2009, they got back on track one year later in Cancún and reached a global deal in Paris in 2015. The largest summit ever at that time, with 120 […]

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    What’s holding back investment and innovation in renewable energy?

What’s holding back investment and innovation in renewable energy?

Renewable-energy technologies are critically important, both in addressing the risks of climate change and achieving Sustainable Development Goal number 7 (SDG7,) relative to affordable and clean energy. They have also become increasingly cost-competitive: the capital cost of utility-scale solar photovoltaic (PV) energy has fallen by more than 60 per cent since 2010, and that of onshore wind energy by […]

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    US cities’ buy-green schemes reduce their environmental liabilities and costs

US cities’ buy-green schemes reduce their environmental liabilities and costs

As the U.S. federal government pulls back from policies and agreements that reduce greenhouse gas (GHG) emissions, local governments are poised to pick up the slack. More than 270 U.S. mayors have affirmed their continued commitment to reducing GHG emissions following the Trump administration’s recent withdrawal of the U.S. from the Paris Climate Accord.

How can local governments work to further […]

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    Some tech devices try but fail to make us minimize our carbon footprint

Some tech devices try but fail to make us minimize our carbon footprint

For a couple of weeks now, I am the proud owner of a wireless wrist device that tracks my physical activity, heart rate and sleep. It gives me real-time feedback and nudges me towards a healthier behaviour. Along with the device comes an app that allows me to monitor my weight, calorie- and water intake. The app further provides a […]

You broke the planet, you pay for it

The general public is more likely to accept new climate policies if the ‘polluter pays’ principle is implemented and if assurances are given that convince them that the policies will be implemented both domestically and internationally. Our study examines the public acceptability of various climate mitigation policies in three countries (the UK, the Czech Republic and Poland) based on […]

Financing the transition to low carbon economies

Over the last decade a series of multilateral agreements on climate change in Copenhagen (2009), Paris (2016), and Marrakesh (2016) has established a global consensus on the need to transition towards sustainable, low-carbon economies that might allow us to limit global warming to 2°C above pre-industrial levels.  But developing countries, not least in Latin American and the Caribbean, face […]