The Earth has warmed on average by about 1 degree Celsius since the late 19th century. Regardless of international commitments to reduce emissions, further substantial warming is now locked in for the next several decades at least. The worst effects of this warming, for societies and economies, will be felt in low-income countries, where livelihoods depend strongly on the […]
The threat of climate change requires a transition of society away from fossil fuels towards renewable energies. Such transition cannot be achieved in a context of economic stagnation. The deplorable state of the European economy is the direct consequence not of the financial crisis of 2008/09, but of the seemingly unsolvable euro zone crisis. This places the long-term challenge […]
The Paris Agreement on Climate Change calls for further emission reductions, more efforts to increase our resilience to climate impacts, and support for those who are affected by a changing climate. Under the heading ‘Loss and Damage’ this third pillar of the international climate architecture has gained prominence over the last few years and is now an official element […]
Improving environmental performance remains a key concern for many organisations, with consumer and NGO expectations regarding sustainability increasing. Whilst much attention has focussed upon adopting new technologies, supply chain innovations and production efficiencies, there has been a growing appreciation of the role that individual employees may play in reducing the environmental impact of an organisation’s activities.
Organisations and academics have […]
Something quite remarkable is happening in China. The country’s coal use grew at more than eight per cent per year between 2000 and 2013. But, in 2014, coal use barely grew at all and then it actually fell by more than three per cent in 2015.
Figure 1: Chinese coal consumption, 1990–2015
Source: China National Bureau of Statistics
This drop in coal consumption […]
The efficiency of environmental communication should be built throughout business practices. Natural Resources Institute Finland (Luke) (www.luke.fi) has studied this issue by interviewing companies in the Nordic woodworking industry and by analysing recent developments in environmental performance measures.
Wood is a renewable raw material, and thus the environmental performance of wood product companies has the potential to give them a […]
In my book Emerald Cities, I wrote enthusiastically about the connections that cities were making between sustainability and economic development—transforming building materials suppliers into green building suppliers and producing streetcars and electric vehicles and biodiesel among others. Many of the examples were in renewable energy, particularly photovoltaic (PV) solar panel production.
The story started in Freiburg—one of several cities whose […]
BMW is the world’s most sustainable corporation. This is according to the Global 100 Most Sustainable Corporations in the World index released by Corporate Knights at this year’s World Economic Forum. Last year’s most sustainable corporation, Biogen, was ranked 30th this year. These companies have clearly performed well on a rigorous set of environmental and social criteria, but are […]
One of the first things most students of economics learn is the diamond and water paradox. How can it be that water is free even though life cannot exist without it, while diamonds are expensive although no one dies for lack of diamonds? The answer is that water can be free if its supply is abundant relative to demand. Nevertheless, […]
An environmental disaster in Brazil raises highly problematic risk and regulation issues
In this regulatory regime, parent companies are seen as responsible and the federal regulator as weak, writes Martin Lodge
Business involvement in climate negotiations has come a long way
But businesses are not yet playing a leading role in the new area of climate cooperation, writes Robert Falkner
Refining the climate […]
Maritime shipping is the transmission belt for the global economy, carrying 90 percent of global trade. It plays a fundamental role in the growth of the world economy. However, it is also a major contributor to global environmental change through a diversity of issues from oil spills, CO2 and other air emissions, to invasive species, disposal of hazardous material […]