The New Carbon Economy provides a critical understanding ofthe carbon economy. It offers key insights into the constitution,governance and effects of the carbon economy, across a variety ofgeographical settings. Examines different dimensions of the carbon economy from arange of disciplinary angles in a diversity of settings Provides ways for researchers to subject claims ofnewness and uniqueness to critical scrutiny Historicizes claims of the 'newness' of the carbon economy Covers a range of geographical settings including Europe, theUS and Central America
This book is an original, accessible, and thought-provoking introduction to the severe and broad-ranging challenges that climate change presents and how societies can respond. It synthesizes and deploys cutting-edge scholarship on the range of social, economic, political, and philosophical issues surrounding climate change. The treatment is introductory, but the book is written "with attitude", for nobody has yet charted in coherent, integrative, and effective fashion a way to move societies beyond their current paralysis as they face the challenges of climate change. The coverage begins with an examination of science, public opinion, and policy making, with special attention to organized climate change denial. The book then moves to economic analysis and its limits; different kinds of policies; climate justice; governance at all levels from the local to the global; and the challenge of an emerging "Anthropocene" in which the mostly unintended consequences of human action drive the earth system into a more chaotic and unstable era. The conclusion considers the prospects for fundamental transition in ideas, movements, economics, and governance.
Master's Thesis from the year 2015 in the subject Law - Miscellaneous, grade: B, London School of Economics (Department of Law), course: Environmental Law, language: English, abstract: Green Bonds are a novel form of long term debt financing instruments enabling continued and sustainable economic growth in a finite physical world. The market for green bonds or Climate Bonds comprises of debt instruments, the proceeds of which are Earmarked for use in environmentally friendly projects. Introduced by the European Investment Bank (EIB) in 2007, the market for green bonds has been growing rapidly, reaching the record volume of USD 36.6 billion in 2014. Rapidly growing markets offer a myriad of opportunities for investors, but those opportunities come with certain risks attached. The risk addressed by this paper is a twofold one. Firstly, there is a risk to the environment if the proceeds of earmarked bonds are used for projects that do not actually benefit the environment. Secondly, there is a legal and financial risk to bondholders that arises when issuers of green bonds use funds for purposes other than those set out in the bond indenture. There are two steps that need to be taken in order to address these risks at the same time. First, a uniform standard of what defines a green bond or a specified range of Shades of Green has to be found and implemented. Second, a green bond needs to state explicitly, in its indenture, what purposes the funds will be used for and of what shade of green those purposes are, in order to empower bondholders to take legal action if covenants are broken. These clauses will be referred to as Green Covenants. This paper will start by briefly setting out the threat posed by climate change before continuing to introduce green bonds, explaining how they operate and why they will become part of the solution to climate change. Four varieties of green bonds, issued by four very different entities, will then be examined and it will be shown that there are certain shortcomings they all have in common. This paper goes on by suggesting that these shortcomings can be addressed by introducing stricter and, most importantly, legally enforceable covenants that determine what proceeds of green bonds can be used for. This will be proven by comparing instruments of English Law and United States (US) Federal Law that are currently available to bondholders, with powers a stronger set of covenants will make available to bondholders in the future.
Multiple ‘green transformations’ are required if humanity is to live sustainably on planet Earth. Recalling past transformations, this book examines what makes the current challenge different, and especially urgent. It examines how green transformations must take place in the context of the particular moments of capitalist development, and in relation to particular alliances. The role of the state is emphasised, both in terms of the type of incentives required to make green transformations politically feasible and the way states must take a developmental role in financing innovation and technology for green transformations. The book also highlights the role of citizens, as innovators, entrepreneurs, green consumers and members of social movements. Green transformations must be both ‘top-down’, involving elite alliances between states and business, but also ‘bottom up’, pushed by grassroots innovators and entrepreneurs, and part of wider mobilisations among civil society. The chapters in the book draw on international examples to emphasise how contexts matter in shaping pathways to sustainability Written by experts in the field, this book will be of great interest to researchers and students in environmental studies, international relations, political science, development studies, geography and anthropology, as well as policymakers and practitioners concerned with sustainability.
Protection Without Protectionism and the Challenge of Global Governance
Author: Joseph E. Stiglitz
Publisher: Columbia University Press
Category: Political Science
The essays in this collection boldly confront the quest for security arising from the social, economic, environmental, and political crises and transformations of our century. Joseph E. Stiglitz and Mary Kaldor begin with an expansive, balanced analysis of the global landscape and the factors contributing to the growth of insecurity. Whereas earlier studies have touched on how globalization has increased economic insecurity and how geopolitical changes may have contributed to military insecurity, this volume looks for some common threads: in a globalized world without a global government, with a system of global governance not up to the task, how do we achieve security without looking inward and stepping back from globalization? In each of their areas of expertise, contributors seek answers to questions about how we achieve protection of those people who are most insecure without resorting to economic, military, or mafia protectionism. Some have suggested that the turmoil in the Eurozone "proves" the deficiencies in the welfare state. This book argues that the superior performance of Scandinavian countries arises from their superior systems of social protection, which allow their citizens to undertake greater risk and more actively participate in globalization. Some suggest that we can address terrorism or transnational crimes through the strengthening of borders or long-distance wars. This book develops the proposition that such approaches have the opposite effect and that only through spreading the human security experienced in well-ordered societies can these dangers be managed. This book also examines how these global changes play out, not only in the relations among countries and the management of globalization, but at every level of our society, especially in our cities. It explores the potential for cities to ensure personal security, promote political participation, and protect the environment in the face of increasing urbanization.
Energy in Europe and Russia is in flux. This book presents a rich set of case studies for analyzing the complex and intertwined regional dynamics of multiple actors, levels, and policy fields in energy throughout Europe and Russia, with the aim of offering an alternative view to the prevalent geopolitical or neoliberal approaches.
Most people know what management is but often people have vague ideas about Manageralism. This book introduces Manageralism and its ideology as a colonising project that has infiltrated nearly every eventuality of human society.
The aim of this book is to review central concepts in the study of environmental politics and to open up new questions, problems, and research agendas in the field. The volume does so by drawing on a wide range of approaches from critical theory to poststructuralism, and spanning disciplines including international relations, geography, sociology, history, philosophy, anthropology, and political science. The 28 chapters cover a range of global and local studies, illustrations and cases. These range from the Cochabamba conference in Bolivia to climate camps in the UK; UN summits in Rio de Janeiro and Johannesburg to climate migrants from Pacific islands; forests in Indonesia to Dutch energy governance reform; indigenous communities in Namibia to oil extraction in the Niger Delta; survivalist militias in the USA to Maasai tribesmen in Kenya. Rather than following a regional or issue-based (e.g. water, forests, pollution, etc) structure, the volume is organised in terms of key concepts in the field, including those which have been central to the social sciences for a long time (such as citizenship, commodification, consumption, feminism, justice, movements, science, security, the state, summits, and technology); those which have been at the heart of environmental politics for many years (including biodiversity, climate change, conservation, eco-centrism, limits, localism, resources, sacrifice, and sustainability); and many which have been introduced to these literatures and debates more recently (biopolitics, governance, governmentality, hybridity, posthumanism, risk, and vulnerability). Features and benefits of the book: Explains the most important concepts and theories in environmental politics. Reviews the core ideas behind crucial debates in environmental politics. Highlights the key thinkers – both classic and contemporary – for studying environmental politics. Provides original perspectives on the critical potential of the concepts for future research agendas as well as for the practice of environmental politics. Each chapter is written by leading international authors in their field. This exciting new volume will be essential textbook reading for all students of environmental politics, as well as provocatively presenting the field in a different light for more established researchers.
Global power structures are changing. The United States and Europe are losing ground, as countries such as China and India increase their global reach. At the same time that new global players emerge, multinational corporations, global civil society organizations, and international media carve out their own spaces in international affairs. How will these changes impact the legitimacy of the United Nations? In Shared Responsibility, Carsten Staur examines the ability of the UN to combine its normative functions - defining global objectives, rules, and standards - with practical assistance for its 193 member states. Staur focuses on transformative global challenges, where the UN has the potential to play a critical role in assisting vulnerable countries in the aftermath of conflict, in further developing the concept of "responsibility to protect," in creating a more forceful system of accountability for mass atrocity crimes, and in re-launching sustainable development as the future’s principal global development approach and as the basis for dealing effectively with both climate change and the responsible management of global resources. An insider's look at the UN, Shared Responsibility details the problems faced by the United Nations and presents solutions for the organization to remain relevant, legitimate, and action-oriented in the twenty-first century.