Global Environmental Change最新文献

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When does the energy transition impact household affordability? A mixed-methods comparison of fourteen coal and carbon-intensive regions 能源转型何时影响家庭负担能力?十四个煤炭和碳密集地区的混合方法比较
IF 8.6 1区 环境科学与生态学
Global Environmental Change Pub Date : 2024-10-02 DOI: 10.1016/j.gloenvcha.2024.102936
Amanda Martinez-Reyes , Jenny Lieu , Nihit Goyal , Diana Mangalagiu , Thomas Hoppe
{"title":"When does the energy transition impact household affordability? A mixed-methods comparison of fourteen coal and carbon-intensive regions","authors":"Amanda Martinez-Reyes ,&nbsp;Jenny Lieu ,&nbsp;Nihit Goyal ,&nbsp;Diana Mangalagiu ,&nbsp;Thomas Hoppe","doi":"10.1016/j.gloenvcha.2024.102936","DOIUrl":"10.1016/j.gloenvcha.2024.102936","url":null,"abstract":"<div><div>Understanding what conditions promote or hinder energy affordability in energy transitions is crucial for coal and carbon-intensive regions (CCIRs) dealing with the trade-off between phasing out fossil fuels and deepening social inequalities. While previous studies have included household and national-level conditions, this paper addresses the research gap covering regional-level conditions by drawing from regional energy governance, energy justice, and sociotechnical transition frameworks. A mixed-method approach consisting of a fuzzy-set qualitative comparative analysis and case-study analysis is applied to 14 CCIRs in Europe, Asia, and North America. Results show that energy affordability in CCIRs is influenced by combinations of regional and (inter)national conditions. Whereas the existing literature and transition policies do not differentiate between the CCI sector’s transition type, this paper highlights that conditions underlying energy (un)affordability differ when the CCI sector is phased out or has the option to transition. Based on the findings, this study calls for a multi-level governance approach to alleviating and preventing energy unaffordability and recommends that policy mixes like the EU Just Transition Fund consider the different types of CCIR transitions.</div></div>","PeriodicalId":328,"journal":{"name":"Global Environmental Change","volume":"89 ","pages":"Article 102936"},"PeriodicalIF":8.6,"publicationDate":"2024-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142422844","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Amazon communities displaced by hydroelectric dams: Implications for environmental changes and householdś livelihood 因水电站大坝而流离失所的亚马逊社区:对环境变化和家庭生计的影响
IF 8.6 1区 环境科学与生态学
Global Environmental Change Pub Date : 2024-09-25 DOI: 10.1016/j.gloenvcha.2024.102933
Daniel Rondinelli Roquetti , Simone Athayde , José Silva-Lugo , Evandro Mateus Moretto
{"title":"Amazon communities displaced by hydroelectric dams: Implications for environmental changes and householdś livelihood","authors":"Daniel Rondinelli Roquetti ,&nbsp;Simone Athayde ,&nbsp;José Silva-Lugo ,&nbsp;Evandro Mateus Moretto","doi":"10.1016/j.gloenvcha.2024.102933","DOIUrl":"10.1016/j.gloenvcha.2024.102933","url":null,"abstract":"<div><div>Livelihood changes associated with forced displacement caused by large dams occur in a context of socio-environmental transformation, raising the question on how resettled people cope with and adapt while experiencing environmental change. This article analyses how environmental change is connected to householdś livelihood in communities displaced by the Madeira River hydroelectric dams, Santo Antônio and the Jirau, in the Brazilian Amazon. We adopted a mixed methods approach, exploring qualitative and quantitative aspects of the relationship between environmental changes and households’ livelihood. The results indicate the decline of ecosystem-related activities, such as fisheries and floodplain agriculture, through the process of resettlement, period in which took place the major negative environmental impacts of the dams. These overlapped processes contributed to the livelihood displacement experienced by resettled communities, a trend intensified by the resettlement plans addressed by Impact Assessment process that incentivized the adoption of socioeconomic practices that weren’t part of peoples’ livelihoods, such as market-oriented agriculture and pisciculture projects. Such trends call for the urgency of preventing displacement over treating it by mitigation and compensation measures that fail to account immaterial losses, a crucial subject for future research. The results may help improve the revision of the resettlement plans for the studied dams, others in the region and plans for projects yet to come.</div></div>","PeriodicalId":328,"journal":{"name":"Global Environmental Change","volume":"89 ","pages":"Article 102933"},"PeriodicalIF":8.6,"publicationDate":"2024-09-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142318533","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Same same but different: Examining climate change impacts on human security in Vanuatu and Guam 同中有异:研究气候变化对瓦努阿图和关岛人类安全的影响
IF 8.6 1区 环境科学与生态学
Global Environmental Change Pub Date : 2024-09-24 DOI: 10.1016/j.gloenvcha.2024.102935
Anselm Vogler
{"title":"Same same but different: Examining climate change impacts on human security in Vanuatu and Guam","authors":"Anselm Vogler","doi":"10.1016/j.gloenvcha.2024.102935","DOIUrl":"10.1016/j.gloenvcha.2024.102935","url":null,"abstract":"<div><div>Global environmental change impacts human security in both Vanuatu and Guam – but in very different ways. This paper studies both regions through a thematic analysis of problem-centered expert interviews with local stakeholders. It provides a comprehensive assessment of pathways from environmental change to human insecurity in both regions. Climate change impacts are omnipresent in Vanuatu and coproduced by fast lifestyle change and developmental challenges. In contrast, Guam is a highly developed US territory. This reduces climate vulnerability but generates other forms of environmental change from heavy military and touristic use. The article argues that human insecurity on Vanuatu and Guam is coproduced by the interplay between economic and (post-)colonial factors and environmental change. This demonstrates that vulnerability and environmental degradation are by no means natural or inevitable, but strongly shaped by socio-economic contexts and histories. This builds an important bridge between human security, political economy, and postcolonial perspectives on environmental security.</div></div>","PeriodicalId":328,"journal":{"name":"Global Environmental Change","volume":"89 ","pages":"Article 102935"},"PeriodicalIF":8.6,"publicationDate":"2024-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0959378024001390/pdfft?md5=1a4c8252f405c222310a7edfa57846c1&pid=1-s2.0-S0959378024001390-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142315753","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Disaster experience mitigates the partisan divide on climate change: Evidence from Texas 灾难经历减轻了党派在气候变化问题上的分歧:得克萨斯州的证据
IF 8.6 1区 环境科学与生态学
Global Environmental Change Pub Date : 2024-09-23 DOI: 10.1016/j.gloenvcha.2024.102918
Ted Hsuan Yun Chen , Christopher J. Fariss , Hwayong Shin , Xu Xu
{"title":"Disaster experience mitigates the partisan divide on climate change: Evidence from Texas","authors":"Ted Hsuan Yun Chen ,&nbsp;Christopher J. Fariss ,&nbsp;Hwayong Shin ,&nbsp;Xu Xu","doi":"10.1016/j.gloenvcha.2024.102918","DOIUrl":"10.1016/j.gloenvcha.2024.102918","url":null,"abstract":"<div><div>Despite the abundance of real world events and scientific information linking the worsening extreme weather to climate change, public attitudes toward climate issues in the United States remain highly divided along partisan lines. We compare the effect of different stimuli linking extreme weather events to climate change – personal experiences and scientific information – in reducing the partisan gap. A two-wave survey corresponding to multiple extreme weather events in Texas, including a natural experiment with power outage data from the 2021 North American Winter Storms, shows that personal experiences with extreme weather reduce the partisan divide in climate beliefs and polices. Scientific information attributing extreme weather events to climate change, however, had no effect in closing the partisan gap. These findings suggest that extreme climate events and disaster experiences force vividly tangible information about the proximity and severity of climate change on exposed individuals, prompting belief-updating and preference-shifting toward pro-climate policies.</div></div>","PeriodicalId":328,"journal":{"name":"Global Environmental Change","volume":"89 ","pages":"Article 102918"},"PeriodicalIF":8.6,"publicationDate":"2024-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0959378024001225/pdfft?md5=aca715e988c913e0f1a7bbeff7bbc0ae&pid=1-s2.0-S0959378024001225-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142311506","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Bookkeepers of catastrophes: The overlooked role of reinsurers in climate change debates 灾难的簿记员:再保险公司在气候变化辩论中被忽视的作用
IF 8.6 1区 环境科学与生态学
Global Environmental Change Pub Date : 2024-09-21 DOI: 10.1016/j.gloenvcha.2024.102931
Nils Röper , Sebastian Kohl
{"title":"Bookkeepers of catastrophes: The overlooked role of reinsurers in climate change debates","authors":"Nils Röper ,&nbsp;Sebastian Kohl","doi":"10.1016/j.gloenvcha.2024.102931","DOIUrl":"10.1016/j.gloenvcha.2024.102931","url":null,"abstract":"<div><p>Global warming had long been discussed as an abstract matter of physics and chemistry. Only in the 1990s did the more tangible costs caused by natural catastrophes come into focus. The key corporate actors to advance this damage and risk perspective on climate change and corroborate it with data – reinsurance companies – have largely been overlooked in the literature. Drawing on expert interviews, hitherto confidential archival sources and text analysis, this paper traces how the two largest reinsurers have made sense of climate change and become important voices in creating awareness of man-made climate change. It underscores their unique role as both producers and translators of climate change knowledge and highlights the thorny and even subjective nature of interpreting climate-related data. This sheds new light on the history of climate change knowledge and raises important questions about the role of business actors.</p></div>","PeriodicalId":328,"journal":{"name":"Global Environmental Change","volume":"89 ","pages":"Article 102931"},"PeriodicalIF":8.6,"publicationDate":"2024-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0959378024001353/pdfft?md5=7f12f17a85680211be9ff00ece2a3b36&pid=1-s2.0-S0959378024001353-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142272120","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Anticipating socio-technical tipping points 预测社会技术临界点
IF 8.6 1区 环境科学与生态学
Global Environmental Change Pub Date : 2024-09-20 DOI: 10.1016/j.gloenvcha.2024.102911
Franziska Mey , Diana Mangalagiu , Johan Lilliestam
{"title":"Anticipating socio-technical tipping points","authors":"Franziska Mey ,&nbsp;Diana Mangalagiu ,&nbsp;Johan Lilliestam","doi":"10.1016/j.gloenvcha.2024.102911","DOIUrl":"10.1016/j.gloenvcha.2024.102911","url":null,"abstract":"<div><p>The tipping point concept, widely recognized within the natural sciences, is experiencing a resurgence in social studies. The emerging field sees growing insights about characteristics and mechanisms of social system tipping; however, much disagreement remains. This includes whether social tipping points can be anticipated – determining its political relevance, as anticipation is essential for actions to intentionally trigger tipping. We address this disagreement and propose a framework which operationalises socio-technical tipping across subsystems and elements to anticipate tipping points, illustrated in two case comparisons. We show that whereas the transition to electric cars in Germany has started but is not about to tip, especially not regarding normative and regulatory regime factors, the same transition in Norway is about to tip, but still requires international car markets to tip before the sectoral transition is tipped and complete. Similarly, we show that the transition to a PV-based renewable power system in Germany has progressed strongly, both regarding technology and regime factors, but the system has not yet tipped: further efforts reforming infrastructure and regulation are essential. Hence, our findings emphasise the notion that while technological progress holds significance, it represents only one facet among several that must align for a system to undergo a tipping point.</p></div>","PeriodicalId":328,"journal":{"name":"Global Environmental Change","volume":"89 ","pages":"Article 102911"},"PeriodicalIF":8.6,"publicationDate":"2024-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0959378024001158/pdfft?md5=db8b37031a83d280eb85c501fb0f645d&pid=1-s2.0-S0959378024001158-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142272119","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Defeating cap-and-trade: How the fossil fuel industry and climate change counter movement obstruct U.S. Climate Change Legislation 击败限额交易:化石燃料行业和气候变化反运动如何阻挠美国气候变化立法
IF 8.6 1区 环境科学与生态学
Global Environmental Change Pub Date : 2024-09-13 DOI: 10.1016/j.gloenvcha.2024.102919
Mirjam O. Nanko, Travis G. Coan
{"title":"Defeating cap-and-trade: How the fossil fuel industry and climate change counter movement obstruct U.S. Climate Change Legislation","authors":"Mirjam O. Nanko,&nbsp;Travis G. Coan","doi":"10.1016/j.gloenvcha.2024.102919","DOIUrl":"10.1016/j.gloenvcha.2024.102919","url":null,"abstract":"<div><p>This study investigates the role of climate change contrarians in the defeat of the American Clean Energy and Security Act in 2010, a pivotal moment in U.S. climate policy that marked the end of extensive efforts to enact cap-and-trade climate legislation in the United States. Our research objectives are twofold: firstly, to determine the extent to which climate contrarians gained access to testify at congressional hearings in the years leading up to the bill’s ultimate defeat; and secondly, to examine the potential influence of fossil fuel industry (FFI) funds in facilitating this access. We compile a comprehensive new dataset encompassing all witnesses testifying at cap-and-trade and climate science hearings from 2003 to 2010. This information is cross-referenced with other pertinent data concerning interest groups, lobbying activities, and Congress. Our findings reveal a significant correlation between FFI lobbying expenditures and campaign contributions and the presence of contrarian witnesses at these hearings, suggesting a coordinated effort by the FFI to obstruct climate legislation. We find that contrarians were able to obtain disproportionate access to central hearings in key committees with jurisdiction over cap-and-trade bills, increasing their potential to obstruct legislation. Moreover, our analysis exposes a concerning over-representation of scientists known to deny the scientific consensus at these hearings, undermining the scientific consensus on climate change and perpetuating doubt about the urgency of climate action.</p></div>","PeriodicalId":328,"journal":{"name":"Global Environmental Change","volume":"89 ","pages":"Article 102919"},"PeriodicalIF":8.6,"publicationDate":"2024-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0959378024001237/pdfft?md5=a45665facee0f212bc10f76981088b28&pid=1-s2.0-S0959378024001237-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142228872","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Carbon farming diffusion in Australia 碳耕法在澳大利亚的推广
IF 8.6 1区 环境科学与生态学
Global Environmental Change Pub Date : 2024-09-12 DOI: 10.1016/j.gloenvcha.2024.102921
David Evans , Bernardo Cantone , Cara Stitzlein , Andrew Reeson
{"title":"Carbon farming diffusion in Australia","authors":"David Evans ,&nbsp;Bernardo Cantone ,&nbsp;Cara Stitzlein ,&nbsp;Andrew Reeson","doi":"10.1016/j.gloenvcha.2024.102921","DOIUrl":"10.1016/j.gloenvcha.2024.102921","url":null,"abstract":"<div><p>Carbon farming is a set of land management practices that abate carbon emissions through carbon sequestration and emissions avoidance. The Australian Carbon Credit Unit scheme enables landholders to receive carbon credits for implementing carbon farming projects that use approved methods to reduce emissions relative to baseline practice. The most widely adopted methodology under this scheme is human induced regeneration, whereby a landholder implements land management changes to enable a forest to regrow. Here, we model the spatial diffusion of human induced regeneration projects in Australia between 2014 and 2022 using spatiotemporal data on project registrations and spatial data on the methodology’s economic feasibility. We find that spatial proximity to existing projects is a strong predictor of landholder adoption, conditional on the methodology’s average economic feasibility in the region. We also find that a region’s average economic feasibility is a relatively weak predictor of adoption, after accounting for landholder proximity to existing projects. The spatial dependency of the diffusion process has led to high levels of spatial concentration in Australia’s carbon supply, raising concerns regarding land use efficiency and carbon supply risk. We explore how to design carbon farming schemes to support wider uptake and produce better outcomes.</p></div>","PeriodicalId":328,"journal":{"name":"Global Environmental Change","volume":"89 ","pages":"Article 102921"},"PeriodicalIF":8.6,"publicationDate":"2024-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0959378024001250/pdfft?md5=f02e47c2990428693c7bc95e52127921&pid=1-s2.0-S0959378024001250-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142172022","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Applying the Three Horizons approach in local and regional scenarios to support policy coherence in SDG implementation: Insights from arid Spain 在地方和区域方案中应用 "三个地平线 "方法,支持可持续发展目标实施工作中的政策一致性:西班牙干旱地区的启示
IF 8.6 1区 环境科学与生态学
Global Environmental Change Pub Date : 2024-09-09 DOI: 10.1016/j.gloenvcha.2024.102922
María D. López-Rodríguez , Amanda Jiménez-Aceituno , Cristina Quintas-Soriano , Juan Miguel Requena-Mullor , Enrica Garau , Daniela Alba-Patiño , Irene Otamendi-Urroz , Ana Paula D. Aguiar , Sofía Cortés-Calderón , Antonio J. Castro
{"title":"Applying the Three Horizons approach in local and regional scenarios to support policy coherence in SDG implementation: Insights from arid Spain","authors":"María D. López-Rodríguez ,&nbsp;Amanda Jiménez-Aceituno ,&nbsp;Cristina Quintas-Soriano ,&nbsp;Juan Miguel Requena-Mullor ,&nbsp;Enrica Garau ,&nbsp;Daniela Alba-Patiño ,&nbsp;Irene Otamendi-Urroz ,&nbsp;Ana Paula D. Aguiar ,&nbsp;Sofía Cortés-Calderón ,&nbsp;Antonio J. Castro","doi":"10.1016/j.gloenvcha.2024.102922","DOIUrl":"10.1016/j.gloenvcha.2024.102922","url":null,"abstract":"<div><p>The Three Horizons for the Sustainable Development Goals (SDGs) is a novel participatory approach to co-create future sustainable scenarios for supporting the implementation of the United Nations 2030 Agenda. Whereas the approach has been applied to inform the design of global-scale sustainability scenarios based on regional perspectives, it has not been implemented to explore how local and regional scenarios can be connected across sites and scales to inform governance processes in the implementation of the SDGs. This study applies an adapted version of the Three Horizons for the SDGs approach in four sites at regional and local scales in Spanish drylands to explore its potential to support policy coherence at multiple governance scales for advancing SDG implementation through dialogue between actors from multiple sectors. We conducted four two-day in-person workshops with diverse actors (n = 59) to explore their perceptions about the desired futures, current concerns, and strategies to achieve sustainable futures in the region. Results reveal 27 similar and nine dissimilar themes related to desired futures and current concerns, respectively. These findings provide common ground and highlight different contextual realities between sites that may serve as a basis for harmonizing policy priorities for advancing regional and local SDG implementation. The study also identifies 19 themes encompassing multiple strategies with the potential to establish associations across sites and scales to coordinate actions in alignment with the 2030 Agenda. We argue that the adapted version of the Three Horizons for the SDGs approach can serve as a tool to support coherent multi-scale governance needed to achieve global sustainability goals. We discuss lessons learned and limitations encountered from using the approach that provides guidance for future experiences.</p></div>","PeriodicalId":328,"journal":{"name":"Global Environmental Change","volume":"89 ","pages":"Article 102922"},"PeriodicalIF":8.6,"publicationDate":"2024-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142162250","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The role of green financial sector initiatives in the low-carbon transition: A theory of change 绿色金融部门倡议在低碳转型中的作用:变革理论
IF 8.6 1区 环境科学与生态学
Global Environmental Change Pub Date : 2024-09-06 DOI: 10.1016/j.gloenvcha.2024.102915
Irene Monasterolo , Antoine Mandel , Stefano Battiston , Andrea Mazzocchetti , Klaus Oppermann , Jonathan Coony , Stephen Stretton , Fiona Stewart , Nepomuk Dunz
{"title":"The role of green financial sector initiatives in the low-carbon transition: A theory of change","authors":"Irene Monasterolo ,&nbsp;Antoine Mandel ,&nbsp;Stefano Battiston ,&nbsp;Andrea Mazzocchetti ,&nbsp;Klaus Oppermann ,&nbsp;Jonathan Coony ,&nbsp;Stephen Stretton ,&nbsp;Fiona Stewart ,&nbsp;Nepomuk Dunz","doi":"10.1016/j.gloenvcha.2024.102915","DOIUrl":"10.1016/j.gloenvcha.2024.102915","url":null,"abstract":"<div><p>Green financial sector initiatives, including green macroprudential policies, green monetary policies, and green public co-funding, could play an important role in the low-carbon transition by supporting countries in the implementation of their climate objectives. This paper analyzes how green financial sector initiatives could enable the scaling up of green investments while avoiding unintended effects on macroeconomic and financial stability. For each green financial sector initiative, the paper identifies its entry point in the economy, the transmission channels to banks’ investment decisions in terms of availability and cost of capital for high- and low-carbon goods, and the resulting impacts on output and greenhouse gas emissions. Building on these insights, the paper develops a theory of change about the role of green financial sector initiatives for climate mitigation, identifying the criteria for applicability and conditions to maximize their impact. It discusses specifically the application of the theory of change to the low-carbon transition in coal and carbon intensive regions in the context of the European net zero climate objective.</p></div>","PeriodicalId":328,"journal":{"name":"Global Environmental Change","volume":"89 ","pages":"Article 102915"},"PeriodicalIF":8.6,"publicationDate":"2024-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142149790","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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