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Global Climate Change Mitigation, Fossil-Fuel Driven Development, and the Role of Financial and Technology Transfers: A Simple Framework

Global Climate Change Mitigation, Fossil-Fuel Driven Development, and the Role of Financial and Technology Transfers: A Simple Framework PDF Author: Mr. Johannes Wiegand
Publisher: International Monetary Fund
ISBN: 1616354852
Category : Business & Economics
Languages : en
Pages : 20

Book Description
Climate financing and compensation have emerged as key themes in the international climate mitigtion debate. According to one argument in support of compensation, advanced economies (AEs) have used up much of the atmosphere’s absorptive capacity, thus causing global warming and blocking a similar, fossil-fuel driven development path for emerging markets and developing economies (EMDEs). This paper develops a simple model of a sequential, fossil-fuel driven development process to discuss these issues systematically. The results suggest: (i) AEs have typically a stronger interest in climate change mitigation than EMDEs, (ii) from an equity perspective, compensation is called for only if EMDEs are relatively small; (iii) there can also be an efficiency case for compensation, however, with AEs buying EMDEs out of some of their GHG emissions; (iv) ultimately, a superior option—for both the world’s climate and growth prospects—is the development of clean energy technologies by AEs and their transfer to EMDEs. The latter requires strong mitigation efforts by AEs even if EMDEs fail to play along initially.

Global Climate Change Mitigation, Fossil-Fuel Driven Development, and the Role of Financial and Technology Transfers: A Simple Framework

Global Climate Change Mitigation, Fossil-Fuel Driven Development, and the Role of Financial and Technology Transfers: A Simple Framework PDF Author: Mr. Johannes Wiegand
Publisher: International Monetary Fund
ISBN: 1616354852
Category : Business & Economics
Languages : en
Pages : 20

Book Description
Climate financing and compensation have emerged as key themes in the international climate mitigtion debate. According to one argument in support of compensation, advanced economies (AEs) have used up much of the atmosphere’s absorptive capacity, thus causing global warming and blocking a similar, fossil-fuel driven development path for emerging markets and developing economies (EMDEs). This paper develops a simple model of a sequential, fossil-fuel driven development process to discuss these issues systematically. The results suggest: (i) AEs have typically a stronger interest in climate change mitigation than EMDEs, (ii) from an equity perspective, compensation is called for only if EMDEs are relatively small; (iii) there can also be an efficiency case for compensation, however, with AEs buying EMDEs out of some of their GHG emissions; (iv) ultimately, a superior option—for both the world’s climate and growth prospects—is the development of clean energy technologies by AEs and their transfer to EMDEs. The latter requires strong mitigation efforts by AEs even if EMDEs fail to play along initially.

Positive Measures for Technology Transfer Under the Climate Change Convention

Positive Measures for Technology Transfer Under the Climate Change Convention PDF Author: Tim Forsyth
Publisher: Royal Institute for International Affairs
ISBN:
Category : Climatic changes
Languages : en
Pages : 136

Book Description
This book identifies steps that can be taken to bridge divisions on technology transfer and cooperation between Annex I and non-Annex I countries that have become apparent during the UNFCCC negotiations. It is based on the proceedings of a recent workshop at Chatham House that brought together key speakers and negotiators to focus on how these problems may be resolved through the use of FDI and other new approaches to encouraging the adoption of positive measures.

Technology Transfer and Innovation for Low-Carbon Development

Technology Transfer and Innovation for Low-Carbon Development PDF Author: Miria Pigato
Publisher: World Bank Publications
ISBN: 1464815003
Category : Business & Economics
Languages : en
Pages : 231

Book Description
Technological revolutions have increased the world’s wealth unevenly and in ways that have accelerated climate change. This report argues that achieving The Paris Agreement’s objectives would require a massive transfer of existing and commercially proven low-carbon technologies (LCT) from high-income to developing countries where the bulk of future emissions is expected to occur. This mass deployment is not only a necessity but also an opportunity: Policies to deploy LCT can help countries achieve economic and other development objectives, like improving human health, in addition to reducing greenhouse gases (GHGs). Additionally, LCT deployment offers an opportunity for countries with sufficient capabilities to benefit from participation in global value chains and produce and export LCTs. Finally, the report calls for a greater international involvement in supporting the poorest countries, which have the least access to LCT and finance and the most underdeveloped physical, technological, and institutional capabilities that are essential to benefit from technology.

International Investment and Climate Change

International Investment and Climate Change PDF Author: Timothy Forsyth
Publisher: Routledge
ISBN: 113419210X
Category : Political Science
Languages : en
Pages : 288

Book Description
This study, based on fieldwork and case studies of southeast Asian countries shows how privatization, investment and new energy technologies can be integrated to combat climate change and provide the maximum return for investors. The author explains what incentives and regulatory structures are needed that do not damage local competitiveness. Asserting that technology transfer is fundamental to effective policies for climate change and for economic development, the text examines how the benefits can be maximized.

Diversification and Cooperation in a Decarbonizing World

Diversification and Cooperation in a Decarbonizing World PDF Author: Grzegorz Peszko
Publisher: World Bank Publications
ISBN: 1464813418
Category : Nature
Languages : en
Pages : 160

Book Description
This book is the first stocktaking of what the decarbonization of the world economy means for fossil fuel†“dependent countries. These countries are the most exposed to the impacts of global climate policies and, at the same time, are often unprepared to manage them. They depend on the export of oil, gas, or coal; the use of carbon-intensive infrastructure (for example, refineries, petrochemicals, and coal power plants); or both. Fossil fuel†“dependent countries face financial, fiscal, and macro-structural risks from the transition of the global economy away from carbon-intensive fuels and the value chains based on them. This book focuses on managing these transition risks and harnessing related opportunities. Diversification and Cooperation in a Decarbonizing World identifies multiple strategies that fossil fuel†“dependent countries can pursue to navigate the turbulent waters of a low-carbon transition. The policy and investment choices to be made in the next decade will determine these countries’ degree of exposure and overall resilience. Abandoning their comfort zones and developing completely new skills and capabilities in a time frame consistent with the Paris Agreement on climate change is a daunting challenge and requires long-term revenue visibility and consistent policy leadership. This book proposes a constructive framework for climate strategies for fossil fuel†“dependent countries based on new approaches to diversification and international climate cooperation. Climate policy leaders share responsibility for creating room for all countries to contribute to the goals of the Paris Agreement, taking into account the specific vulnerabilities and opportunities each country faces.

Climate Change Mitigation and Sustainable Development

Climate Change Mitigation and Sustainable Development PDF Author: Rajah Rasiah
Publisher: Routledge
ISBN: 0429647352
Category : Business & Economics
Languages : en
Pages : 169

Book Description
This book focuses on different aspects of initiatives—to check pollution and to reduce consumption of fossil fuels—by the Association of Southeast Asian Nations (ASEAN). The chapters examine climate change projections for ASEAN, the relationship between income inequality and environmental sustainability, greening initiatives pursued by microfinance institutions, farmers’ awareness and perceptions of climate change, potential introduction of hydrogen fuel cell vehicles in Malaysia, the impact of Euro-4 automobile emission regulations on the development of technological capabilities and the threats and vulnerability people face from climate change and national disasters. The United Nations Framework Convention for Climate Change’s Conference of Parties meetings to cap temperature rise to 1.5 degrees Celsius over the next century has set the steering and the interventions essential for mitigating global warming. There is increasing recognition that initiatives must be taken across the globe regardless of the state of development of each individual country, and so this book has important practical implications. This book was originally published as a special issue of the Journal of the Asia Pacific Economy.

Energy and Global Climate Change

Energy and Global Climate Change PDF Author: Anilla Cherian
Publisher: John Wiley & Sons
ISBN: 1118845617
Category : Science
Languages : en
Pages : 304

Book Description
Energy and Global Climate Change: Bridging the Sustainable Development Divide focuses attention on two urgent global development challenges faced by the UN and its member states: access to sustainable energy for all, and global climate change. This book presents compelling evidence about an often neglected aspect of the energy-climate change-development nexus faced by millions of poor: problems caused by the use of inefficient and polluting energy sources, and the lack of access to sustainable energy services. Based on a detailed examination of major UN global climate change and sustainable development negotiated outcomes over the course of several decades, this book argues in a powerful and insightful manner that intergovernmental negotiated outcomes aimed at solving the climate change and energy access challenges have been restricted by being placed in different negotiating silos. This “siloization” or compartmentalization has resulted in separate tracks of negotiated outcomes on two inextricably linked global development challenges; and, has thereby hindered prospects for integrated action. This book points out that the existence of these two silos is especially hard to ignore in light of the urgent UN-led quest for an integrated and universal post-2015 development agenda anticipated to be anchored by new sustainable development goals on energy access and climate change. By addressing the heavy reliance on inefficient and polluting energy services which result in indoor air pollution and short lived climate pollutants that tragically impact millions of poor people, this book highlights the unique importance of integrated action on the energy-poverty-climate change nexus in the UN’s post-2015 development era.

Accelerating Clean Energy Technology Research, Development, and Deployment

Accelerating Clean Energy Technology Research, Development, and Deployment PDF Author: Patrick Avato
Publisher: World Bank Publications
ISBN: 9780821374825
Category : Business & Economics
Languages : en
Pages : 92

Book Description
Climate change is one of the key challenges of this century. At the same time, energy use the primary source of climate-altering global greenhouse gas emissions is increasing at unprecedented rates and is vital to the continued economic growth of developing countries. This poses a serious dilemma that can only be reconciled with new and improved clean energy technologies that balance climate change mitigation and increased energy needs in developing countries. Despite a recent increase in investment, public and private research, development, and deployment (RD&D) funding rates are well below historical levels. In addition, significant barriers impede the ability to develop new technologies, such as the uncertain future value of CO2 emissions, intellectual property rights issues, limited incentives to commercialize technologies for developing countries, and challenges with technology transfer. These factors must be overcome to accelerate innovation in the energy sector. To introduce new thinking to address these concerns, this report examines four cases from outside the energy sector where creative approaches to RD&D have successfully overcome similar barriers. The case studies review approaches to innovation by the Consultative Group on International Agricultural Research, Advanced Market Commitments for Vaccines, the Human Genome Project, and the concept of Distributed Innovation. These case studies show how creative efforts can generate valuable public goods via: (i) international partnerships between public and private actors, (ii) information sharing and intellectual property rights, and (iii) novel financing schemes.

Global Climate Change - The Technology Challenge

Global Climate Change - The Technology Challenge PDF Author: Frank Princiotta
Publisher: Springer Science & Business Media
ISBN: 9048131537
Category : Technology & Engineering
Languages : en
Pages : 420

Book Description
In order to avoid the potentially catastrophic impacts of global warming, the current 3% CO2 global emission growth rate must be transformed to a 1 to 3% declining rate, as soon as possible. This will require a rapid and radical transformation of the world’s energy production and end use systems. The current generation of energy technologies are not capable of achieving the level of mitigation required. Next generations of renewable, low carbon generation and end use technologies will be needed. This book quantifies the mitigation challenge. It then considers the status of key technologies needed to protect the planet from serious climate change impact. Current and emerging technologies are characterized for their mitigation potential, status of development and potential environmental impacts. Power generation, mobile sources, industrial and building sectors are evaluated in detail. The importance and unique challenges for rapidly developing countries, such as China and India are discussed. Current global research and development efforts for key technologies are discussed. It is concluded that it will be necessary to substantially upgrade and accelerate the current worldwide RDD&D effort on both emerging energy technologies and those enabling technologies needed to improve mitigation effectiveness and economics. It will also be necessary to carefully evaluate the potential environmental characteristics of next generation technologies to avoid unacceptable health and ecological impacts. Finally, given the monumental technological challenge associated with transforming the world’s energy system, geoengineering options are evaluated, since if successfully deployed, they have the potential to allow more time for the necessary energy system transformation. ‘This book on Climate Change not only gives a clear picture of the problem but suggests many of the pitfalls in solving it and recommends strongly, a research program to fill the gaps in our knowledge. It is a most useful reference book for all aspects of the problem.’ William D. Ruckelshaus, Madrona Venture Group/Evergreen Venture

International Investment and Climate Change

International Investment and Climate Change PDF Author: Tim Forsyth
Publisher: Routledge
ISBN:
Category : Business & Economics
Languages : en
Pages : 300

Book Description
First Published in 1999. Routledge is an imprint of Taylor & Francis, an informa company.