Diversification And Cooperation In A Decarbonizing World

Diversification And Cooperation In A Decarbonizing World Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Diversification And Cooperation In A Decarbonizing World book. This book definitely worth reading, it is an incredibly well-written.

Diversification and Cooperation in a Decarbonizing World

Grzegorz Peszko,Dominique van der Mensbrugghe,Alexander Golub,John Ward,Cor Marijs,Anne Schopp,John Rogers,Amelia Midgley
Diversification and Cooperation in a Decarbonizing World Book PDF

Author : Grzegorz Peszko,Dominique van der Mensbrugghe,Alexander Golub,John Ward,Cor Marijs,Anne Schopp,John Rogers,Amelia Midgley
Publisher : World Bank Publications
Page : 160 pages
File Size : 55,5 Mb
Release : 2020-07-24
Category : Nature
ISBN : 9781464813412

Get Book

Diversification and Cooperation in a Decarbonizing World by Grzegorz Peszko,Dominique van der Mensbrugghe,Alexander Golub,John Ward,Cor Marijs,Anne Schopp,John Rogers,Amelia Midgley Pdf

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.

Decarbonizing Development

Marianne Fay,Stephane Hallegatte,Adrien Vogt-Schilb,Julie Rozenberg,Ulf Narloch,Tom Kerr
Decarbonizing Development Book PDF

Author : Marianne Fay,Stephane Hallegatte,Adrien Vogt-Schilb,Julie Rozenberg,Ulf Narloch,Tom Kerr
Publisher : World Bank Publications
Page : 184 pages
File Size : 46,6 Mb
Release : 2015-06-09
Category : Business & Economics
ISBN : 9781464806063

Get Book

Decarbonizing Development by Marianne Fay,Stephane Hallegatte,Adrien Vogt-Schilb,Julie Rozenberg,Ulf Narloch,Tom Kerr Pdf

The science is unequivocal: stabilizing climate change implies bringing net carbon emissions to zero. This must be done by 2100 if we are to keep climate change anywhere near the 2oC warming that world leaders have set as the maximum acceptable limit. Decarbonizing Development: Three Steps to a Zero-Carbon Future looks at what it would take to decarbonize the world economy by 2100 in a way that is compatible with countries' broader development goals. Here is what needs to be done: -Act early with an eye on the end-goal. To best achieve a given reduction in emissions in 2030 depends on whether this is the final target or a step towards zero net emissions. -Go beyond prices with a policy package that triggers changes in investment patterns, technologies and behaviors. Carbon pricing is necessary for an efficient transition toward decarbonization. It is an efficient way to raise revenue, which can be used to support poverty reduction or reduce other taxes. Policymakers need to adopt measures that trigger the required changes in investment patterns, behaviors, and technologies - and if carbon pricing is temporarily impossible, use these measures as a substitute. -Mind the political economy and smooth the transition for those who stand to be most affected. Reforms live or die based on the political economy. A climate policy package must be attractive to a majority of voters and avoid impacts that appear unfair or are concentrated on a region, sector or community. Reforms have to smooth the transition for those who stand to be affected, by protecting vulnerable people but also sometimes compensating powerful lobbies.

Handbook on the Geopolitics of the Energy Transition

Daniel Scholten
Handbook on the Geopolitics of the Energy Transition Book PDF

Author : Daniel Scholten
Publisher : Edward Elgar Publishing
Page : 577 pages
File Size : 43,9 Mb
Release : 2023-11-03
Category : Political Science
ISBN : 9781800370432

Get Book

Handbook on the Geopolitics of the Energy Transition by Daniel Scholten Pdf

The energy transition is fundamentally transforming geopolitics, with renewable energy and other decarbonization options reshaping existing energy markets, trade flows, and energy security strategies. What new opportunities and challenges await us? Will it pacify global energy relations or bring a perilous transition?

The Changing Wealth of Nations 2021

World Bank
The Changing Wealth of Nations 2021 Book PDF

Author : World Bank
Publisher : World Bank Publications
Page : 531 pages
File Size : 41,8 Mb
Release : 2021-12-18
Category : Science
ISBN : 9781464815911

Get Book

The Changing Wealth of Nations 2021 by World Bank Pdf

It is now clear that a narrow focus on the growth of gross domestic product (GDP) is insufficient to achieve humanity's aspirations for sustainable prosperity. Well-functioning ecosystems and educated populations are requisites for sustainable well-being. These and other too-often-neglected ingredients of national wealth must be addressed if the development path is to be sustainable. 'The Changing Wealth of Nations 2021: Managing Assets for the Future' provides the most comprehensive accounting of the wealth of nations, an in-depth analysis of the evolution of wealth, and pathways to build wealth for the future. This report--and the accompanying global database--firmly establishes comprehensive wealth as a measure of sustainability and a key component of country analytics. It expands the coverage of wealth accounts and improves our understanding of the quality of all assets, notably, natural capital. Wealth--the stock of produced, natural, and human capital--is measured as the sum of assets that yield a stream of benefits over time. Changes in the wealth of nations matter because they reflect the change in countries' assets that underpin future income. Countries regularly track GDP as an indicator of their economic progress, but not wealth, and national wealth has a more direct and long-term impact on people's lives. This report provides a new set of tools and analysis to help policy makers navigate risks and to guide collective action. Wealth accounts can be applied in macroeconomic analysis to areas of major policy concern such as climate change and natural resource management. This report can be used to look beyond GDP, to gauge nations' economic well-being, and to promote sustainable prosperity.

Ending Fossil Fuels

Holly Jean Buck
Ending Fossil Fuels Book PDF

Author : Holly Jean Buck
Publisher : Verso Books
Page : 209 pages
File Size : 48,7 Mb
Release : 2021-11-02
Category : Science
ISBN : 9781839762376

Get Book

Ending Fossil Fuels by Holly Jean Buck Pdf

Ending the fossil fuel industry is the only credible path for climate policy Around the world, countries and companies are setting net-zero carbon emissions targets. But what will it mean if those targets are achieved? One possibility is that fossil fuel companies will continue to produce billions of tons of atmospheric CO2 while relying on a symbiotic industry to scrub the air clean. Focusing on emissions draws our attention away from the real problem: the point of production. The fossil fuel industry must come to an end but will not depart willingly; governments must intervene. By embracing a politics of rural-urban coalitions and platform governance, climate advocates can build the political power needed to nationalize the fossil fuel industry and use its resources to draw carbon out of the atmosphere.

Regional Cooperation for Sustainable Energy in Asia and the Pacific

United Nations Economic and Social Commission for Asia and the Pacific
Regional Cooperation for Sustainable Energy in Asia and the Pacific Book PDF

Author : United Nations Economic and Social Commission for Asia and the Pacific
Publisher : United Nations
Page : 84 pages
File Size : 42,5 Mb
Release : 2017-04-28
Category : Political Science
ISBN : 9789210605700

Get Book

Regional Cooperation for Sustainable Energy in Asia and the Pacific by United Nations Economic and Social Commission for Asia and the Pacific Pdf

This publication is the theme study for the 73rd session of Commission to be held in May 2017. The main purpose of the publication is to call on policymakers in Asia and the Pacific for urgent actions to transition national energy sectors to achieve the Sustainable Development Goals (SDG), particularly Goal 7. The energy sector transition is the only way to address the sizeable energy deficit which impede progress in energy access in a number of member countries. It will also address gaps between current commitments under the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change and lack of coherent energy strategic and policy frameworks and actions held back progress of SDG7.

The Changing Wealth of Nations 2018

Glenn-Marie Lange,Quentin Wodon,Kevin Carey
The Changing Wealth of Nations 2018 Book PDF

Author : Glenn-Marie Lange,Quentin Wodon,Kevin Carey
Publisher : World Bank Publications
Page : 240 pages
File Size : 51,5 Mb
Release : 2018-01-30
Category : Business & Economics
ISBN : 9781464810473

Get Book

The Changing Wealth of Nations 2018 by Glenn-Marie Lange,Quentin Wodon,Kevin Carey Pdf

Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth—the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their economic health and prospects for the future. Wealth accounts allow countries to take stock of their assets to monitor the sustainability of development, an urgent concern today for all countries. The Changing Wealth of Nations 2018: Building a Sustainable Future covers national wealth for 141 countries over 20 years (1995†“2014) as the sum of produced capital, 19 types of natural capital, net foreign assets, and human capital overall as well as by gender and type of employment. Great progress has been made in estimating wealth since the fi rst volume, Where Is the Wealth of Nations? Measuring Capital for the 21st Century, was published in 2006. New data substantially improve estimates of natural capital, and, for the fi rst time, human capital is measured by using household surveys to estimate lifetime earnings. The Changing Wealth of Nations 2018 begins with a review of global and regional trends in wealth over the past two decades and provides examples of how wealth accounts can be used for the analysis of development patterns. Several chapters discuss the new work on human capital and its application in development policy. The book then tackles elements of natural capital that are not yet fully incorporated in the wealth accounts: air pollution, marine fi sheries, and ecosystems. This book targets policy makers but will engage anyone committed to building a sustainable future for the planet.

Reshaping Global Value Chains in Light of COVID-19

Paul Brenton,Michael J. Ferrantino,Maryla Maliszewska
Reshaping Global Value Chains in Light of COVID 19 Book PDF

Author : Paul Brenton,Michael J. Ferrantino,Maryla Maliszewska
Publisher : World Bank Publications
Page : 217 pages
File Size : 48,7 Mb
Release : 2022-03-01
Category : Business & Economics
ISBN : 9781464818226

Get Book

Reshaping Global Value Chains in Light of COVID-19 by Paul Brenton,Michael J. Ferrantino,Maryla Maliszewska Pdf

Global value chains (GVCs) have driven dramatic expansions in trade, productivity, and economic growth in developing countries. This book examines the impact of the COVID-19 pandemic on GVCs and explores whether they can continue to be a driver of trade and development. The report reviews previous crises and what these tell us about the resilience of GVC firms to shocks. It examines the observed impact of COVID-19 on trade during the sharp global recession of 2020. It summarizes discussions with GVC firms on the impacts of, and their responses to, the COVID shock. GVCs showed surprising resilience, but the rapid recovery raised new issues with supply chains. The book then explores simulations from a global economic model of the potential longer-term impacts of COVID-19 on developing countries and other key factors shaping the global economy, including the evolving role of China, increasing trade restrictions and policy responses to global warming. The analysis shows that while there are risks associated with GVCs, especially those concentrated around key nodes and where opportunities to find alternative suppliers or buyers are limited, there are mechanisms by which GVCs maintain trade relationships during a crisis, paving the way for a strong trade-led recovery. Measures are identified that can enhance the resilience of GVCs in low-income countries. This report finds that policies that maintain and enhance trade can contribute toward crisis management and recovery. Attempts to reshore production would make all countries worse off, including those that implement them, and could drive 52 million people, mainly in Africa, into extreme poverty. Measures to meet climate change commitments will have more profound impacts, leading to a shift away from carbon-intensive GVCs, while new opportunities for trade will arise in GVCs that are less carbon intensive.

Africa's Resource Future

James Cust,Albert Zeufack
Africa s Resource Future Book PDF

Author : James Cust,Albert Zeufack
Publisher : World Bank Publications
Page : 257 pages
File Size : 54,5 Mb
Release : 2023-04-20
Category : Business & Economics
ISBN : 9781464817441

Get Book

Africa's Resource Future by James Cust,Albert Zeufack Pdf

This book examines the role for natural resource wealth in driving Africa’s economic transformation and the implications of the low-carbon transition for resource-rich economies. Resource wealth remains central to most Sub-Saharan African economies, and significant untapped potential is in the ground. Subsoil assets—such as metals, minerals, oil, and gas—are key sources of government revenues, export earnings, and development potential in most countries in the Africa region. Despite large reserves, success in converting subsoil wealth into aboveground sustainable prosperity has been limited. Since the decline in commodity prices in 2014, resource-rich Africa has grown more slowly than the region’s average growth rate. Finding ways to more effectively harness natural resource wealth to drive economic transformation will be central to Africa’s economic future. As the world moves away from fossil fuels in alignment with commitments under the Paris Agreement, Africa’s resource-rich countries face new risks and opportunities. Recent estimates suggest that 80 percent of the world’s proven fossil fuel reserves must remain underground to meet the Paris targets, and much of these stranded reserves may be in Africa. This issue of stranded assets and, relatedly, “stranded nations,†? has major implications for the many African economies that are dependent on petroleum extraction and export. On the other hand, the energy transition will increase demand for raw material inputs involved in clean energy technologies. The transition from fossil fuels to clean energy may create demand by 2050 for 3 billion tons of minerals and metals that are needed to deploy solar, wind, and geothermal energy. How can African economies tap into these opportunities while managing the downside risk to their fossil fuel wealth? Africa’s Resource Future explores these themes and offers policy makers insights to help them navigate the coming years of uncertainty.

Climate Change 2022 - Mitigation of Climate Change

Intergovernmental Panel on Climate Change (IPCC)
Climate Change 2022 Mitigation of Climate Change Book PDF

Author : Intergovernmental Panel on Climate Change (IPCC)
Publisher : Cambridge University Press
Page : 2042 pages
File Size : 45,8 Mb
Release : 2023-08-17
Category : Science
ISBN : 9781009176965

Get Book

Climate Change 2022 - Mitigation of Climate Change by Intergovernmental Panel on Climate Change (IPCC) Pdf

This Working Group III contribution to the IPCC Sixth Assessment Report provides a comprehensive and transparent assessment of the literature on climate change mitigation. The report assesses progress in climate change mitigation options for reducing emissions and enhancing sinks. With greenhouse gas emissions at the highest levels in human history, this report provides options to achieve net zero, as pledged by many countries. The report highlights for the first time the social and demand-side aspects of climate mitigation, and assesses the literature on human behaviour, lifestyle, and culture, and its implications for mitigation action. It brings a wide range of disciplines, notably from the social sciences, within the scope of the assessment. IPCC reports are a trusted source for decision makers, policymakers, and stakeholders at all levels (international, regional, national, local) and in all branches (government, businesses, NGOs). Available as Open Access on Cambridge Core.

Africa's Pulse, No. 23, October 2021

Albert G. Zeufack,Cesar Calderon,Megumi Kubota,Alain Ntumba Kabundi,Vijdan Korman,Catalina Cantu Canales
Africa s Pulse No 23 October 2021 Book PDF

Author : Albert G. Zeufack,Cesar Calderon,Megumi Kubota,Alain Ntumba Kabundi,Vijdan Korman,Catalina Cantu Canales
Publisher : World Bank Publications
Page : 110 pages
File Size : 41,8 Mb
Release : 2021-10-06
Category : Electronic
ISBN : 9781464818059

Get Book

Africa's Pulse, No. 23, October 2021 by Albert G. Zeufack,Cesar Calderon,Megumi Kubota,Alain Ntumba Kabundi,Vijdan Korman,Catalina Cantu Canales Pdf

The economic impact of the COVID-19 pandemic in Sub-Saharan Africa has been severe; however, countries are weathering the storm so far. Real GDP is estimated to contract by 2.0 percent in 2020—close to the lower bound of the forecast range in April 2020, and less than the contraction in advanced economies and other emerging markets and developing economies, excluding China. Available data from the second half of 2020 point to rebound in economic activity that explain why the contraction in the region was in the lower bound of the forecasts. It reflected a slower spread of the virus and lower COVID-19-related mortality in the region, strong agricultural growth, and a faster-than-expected recovery in commodity prices. Economic activity in the region is expected to rise to a range between2.3 and 3.4 percent in 2021, depending on the policy measures adopted by countries and the international community. However, prospects for a slow vaccine rollout, the resurgence of pandemic, and limited scope for additional fiscal support, could hold back the recovery in the region. Policies to support the economy in the near term should be complemented by structural reforms that encourage sustained investment, create jobs and enhance competitiveness. Reducing the countries’ debt burden will release resources for public investment, in areas such as education, health, and infrastructure. Investments in human capital will help lower the risk of long-lasting damage from the pandemic which may become apparent over the longer term, and can enhance competitiveness and productivity. The next twelve months will be a critical period for leveraging the African Continental Free Trade Area in order to deepen African countries’ integration into regional and global value chains. Finally, reforms that address digital infrastructure gaps and make the digital economy more inclusive †“ensuring affordability but also building skills for all segments of society, are critical to improve connectivity, boost digital technology adoption, and generate more and better jobs for men and women.

Global Economic Prospects, January 2022

World Bank Group
Global Economic Prospects January 2022 Book PDF

Author : World Bank Group
Publisher : World Bank Publications
Page : 420 pages
File Size : 53,9 Mb
Release : 2022-01-01
Category : Business & Economics
ISBN : 9781464817601

Get Book

Global Economic Prospects, January 2022 by World Bank Group Pdf

Although the global economy is emerging from the collapse triggered by COVID-19, the recovery is likely to be subdued, and global GDP is projected to remain well below its pre-pandemic trend for a prolonged period. Several risks cloud the outlook, including those related to the pandemic and to rapidly rising debt. The pandemic has further diminished already-weak growth prospects for the next decade. Decisive policy actions will be critical in raising the likelihood of better growth outcomes while warding off worse ones. Immediate priorities include supporting vulnerable groups and ensuring a prompt and widespread vaccination process to bring the pandemic under control. Although macroeconomic policy support will continue to be important, limited fiscal policy space amid high debt highlights the need for an ambitious reform agenda that bolsters growth prospects. To address many of these challenges, global cooperation will be key. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.

Green Digital Transformation

The World Bank
Green Digital Transformation Book PDF

Author : The World Bank
Publisher : World Bank Publications
Page : 188 pages
File Size : 41,9 Mb
Release : 2024-01-26
Category : Business & Economics
ISBN : 9781464820038

Get Book

Green Digital Transformation by The World Bank Pdf

Climate change is unfolding amid the greatest information and communication revolution in human history. From e-commerce and social media to smart manufacturing and precision farming, digital technologies have become prevalent in all aspects of economic and social life. Digital technologies also have the potential to shape climate change action. Green digital transformation can help countries adapt e¬ffectively to the impacts of climate change and create greener growth pathways. Doing this means combining a focus on digital transformation and inclusion with a strategic and sustainable use of digital technologies to address climate change. Green Digital Transformation: How to Sustainably Close the Digital Divide and Harness Digital Tools for Climate Action illuminates the channels through which digital technologies intersect with climate change, and it proposes a path to low-emissions applications of digital technologies to help countries mitigate and adapt to climate change.

Cross-Border Risks of a Global Economy in Mid-Transition

Etienne Espagne,William Oman,Jean-François Mercure,Romain Svartzman,Ulrich Volz,Hector Pollitt,Gregor Semieniuk,Emanuele Campiglio
Cross Border Risks of a Global Economy in Mid Transition Book PDF

Author : Etienne Espagne,William Oman,Jean-François Mercure,Romain Svartzman,Ulrich Volz,Hector Pollitt,Gregor Semieniuk,Emanuele Campiglio
Publisher : International Monetary Fund
Page : 57 pages
File Size : 55,7 Mb
Release : 2023-09-08
Category : Business & Economics
ISBN : 9798400254550

Get Book

Cross-Border Risks of a Global Economy in Mid-Transition by Etienne Espagne,William Oman,Jean-François Mercure,Romain Svartzman,Ulrich Volz,Hector Pollitt,Gregor Semieniuk,Emanuele Campiglio Pdf

This paper analyzes the cross-border risks that could result from a decarbonization of the world economy. We develop a typology of cross-border risks and their respective channels. Our qualitative and quantitative scenario analysis suggests that the mid-transition – a period during which fossil-fuel and low-carbon energy systems co-exist and transform at a rapid pace – could have profound stability and resilience implications for global trade and the international financial system.

Key Challenges Faced by Fossil Fuel Exporters During the Energy Transition

Diego Mesa Puyo,Augustus J Panton,Tarun Sridhar,Martin Stuermer,Christoph Ungerer,Alice Tianbo Zhang
Key Challenges Faced by Fossil Fuel Exporters During the Energy Transition Book PDF

Author : Diego Mesa Puyo,Augustus J Panton,Tarun Sridhar,Martin Stuermer,Christoph Ungerer,Alice Tianbo Zhang
Publisher : International Monetary Fund
Page : 33 pages
File Size : 51,9 Mb
Release : 2024-03-27
Category : Business & Economics
ISBN : 9798400270147

Get Book

Key Challenges Faced by Fossil Fuel Exporters During the Energy Transition by Diego Mesa Puyo,Augustus J Panton,Tarun Sridhar,Martin Stuermer,Christoph Ungerer,Alice Tianbo Zhang Pdf

The global energy transition is affecting fossil fuel exporters from multiple angles. It is adding to longstanding uncertainties on relative movements of fossil fuel demand and supply—which impact fossil fuel-related exports, fiscal flows, investment and subsequently external and fiscal accounts, economic growth, and employment. While policymakers are very familiar with these challenges, they now also face expectations of a permanent decline in the long-run global demand for fossil fuels. Key factors that could determine country-level impacts include (i) the type of fossil fuel a country exports (ii) extraction costs and (iii) country characteristics. The monitoring and mitigation of fiscal risks will need to be stepped up. Fiscal policy also has a role in reducing domestic emissions, encouraging adoption of low-carbon technologies, and helping those most vulnerable to changes from the transition. Broader macroeconomic risks can be reduced by accelerating ongoing structural reforms that support alternative engines of growth. Low- or zero-carbon emission energy industries could offer new avenues that build on existing fossil fuel knowledge and infrastructure. Concurrently, improved financial regulation and supervision could reduce financial sector exposures. Finally, international coordination on the design and implementation of climate policy as well as international transfer schemes (financing and capacity development) could reduce uncertainties surrounding the transition path and associated adverse economic consequences.