Ecological Economics最新文献_第2页

Biodiversity disclosure in the European finance sector 欧洲金融业的生物多样性披露

IF 6.6 2区经济学

Ecological Economics Pub Date : 2024-11-09 DOI: 10.1016/j.ecolecon.2024.108430

Leyla Azizi , Christoph Scope , Anne Ladusch , Remmer Sassen

{"title":"Biodiversity disclosure in the European finance sector","authors":"Leyla Azizi , Christoph Scope , Anne Ladusch , Remmer Sassen","doi":"10.1016/j.ecolecon.2024.108430","DOIUrl":"10.1016/j.ecolecon.2024.108430","url":null,"abstract":"<div><div>As the significant environmental, social, and economic consequences of biodiversity loss become more clearly recognized, biodiversity management has become an increasingly important issue for the financial sector. According to the Global Risk Report 2023, biodiversity loss will be the fourth most significant risk worldwide over the next ten years. The financial sector plays a crucial role in supporting and financing business activities that impact biodiversity. Financial institutions can help ensure that biodiversity is protected as they strongly influence management activities and practices in the economy through capital allocation.</div><div>Based on institutional theory, this study aims to illuminate a disclosure level on biodiversity (risks) in the financial sector. Using content analysis, we empirically investigate non-financial reports by the European financial industry. To evaluate drivers, we present and compare specific disclosure standards and regulations concerning biodiversity. Overall, the disclosure quality differs in scope and level across the sampled companies. The results show the relevance of evolving disclosure frameworks like the EU taxonomy, Sustainable Finance Disclosure Regulation, and Corporate Sustainability Reporting Directive. This study contributes to improving biodiversity management and disclosure by presenting a better understanding of biodiversity activities and risks within the financial sector as a mediating agent.</div></div>","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"228 ","pages":"Article 108430"},"PeriodicalIF":6.6,"publicationDate":"2024-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142643114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The welfare properties of climate targets 气候目标的福利特性

IF 6.6 2区经济学

Ecological Economics Pub Date : 2024-11-08 DOI: 10.1016/j.ecolecon.2024.108424

Léo Coppens , Frank Venmans

{"title":"The welfare properties of climate targets","authors":"Léo Coppens , Frank Venmans","doi":"10.1016/j.ecolecon.2024.108424","DOIUrl":"10.1016/j.ecolecon.2024.108424","url":null,"abstract":"<div><div>Two approaches are predominant in climate models: cost–benefit and cost-effectiveness analysis. Cost–benefit analysis maximizes welfare, finding a trade-off between climate damages and emission abatement costs. By contrast, cost-effectiveness analysis minimizes abatement costs, omits damages but adds a climate constraint, such as a radiative forcing constraint, a temperature constraint or a cumulative emissions constraint. We analyse the impacts of these different constraints on optimal carbon prices, emissions and welfare. To do so, we fit a model with abatement costs, capital repurposing costs (stranded assets) and technological change on IPCC and NGFS scenarios. For scenarios reaching 1.5 °C in 2100, a constraint on cumulative emissions has the best welfare properties, followed by a temperature constraint with overshoot. A forcing constraint with overshoot has insufficient early abatement and large net negative emissions later on, leading to a substantial welfare loss of $23 Trillion. As to the paths reaching 2 °C, all cost-effectiveness analysis abate too late, but the welfare impact of this dynamic inefficiency is milder. Again, a forcing constraint with overshoot scores worst. We show that large negative emissions at the end of the century are never optimal and an artefact of constraints with overshoot.</div></div>","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"228 ","pages":"Article 108424"},"PeriodicalIF":6.6,"publicationDate":"2024-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142643115","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Extractivist valorization in industrial forestry in the Global North – Elements of an analytical framework and illustration for the cases of Finland and Alberta, Canada 全球北方工业化林业中的采掘业价值化--分析框架要素及芬兰和加拿大艾伯塔案例说明

IF 6.6 2区经济学

Ecological Economics Pub Date : 2024-11-07 DOI: 10.1016/j.ecolecon.2024.108444

Jana Rebecca Holz , Anna Saave

{"title":"Extractivist valorization in industrial forestry in the Global North – Elements of an analytical framework and illustration for the cases of Finland and Alberta, Canada","authors":"Jana Rebecca Holz , Anna Saave","doi":"10.1016/j.ecolecon.2024.108444","DOIUrl":"10.1016/j.ecolecon.2024.108444","url":null,"abstract":"<div><div>This paper contributes to the political economic analysis of industrial forestry in the Global North (GN) by introducing and applying elements of an analytical framework for extractivist valorization. The proposed framework serves as a complement, systematization, and extension of the concepts of valorization and (post-fossil) extractivism. It scrutinizes the political-economic constellation and social as well as ecological sustainability challenges of current dominant practices in industrial forestry in the GN. The (potential) contribution and role of industrial forestry in social-ecological transformation processes is contested, although forestry is often perceived as a sustainable sector per se, and its services and products are crucial for many sustainability, bioeconomy, and decarbonization strategies. With the proposed analytical framework, the paper investigates forestry as an industry that socially and economically mediates relationships between individuals, society, and nature. The paper illustrates the analytical potential of the proposed framework by applying it to two exemplary cases of industrial forestry: Finland and the Canadian province of Alberta. The paper concludes that such a framework can provide relevant insights into the sustainability challenges in industrial forestry in both cases examined. New pathways of valuing and using forests need to be actively pursued to integrate the forest sector into the broader project of social-ecological transformations.</div></div>","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"228 ","pages":"Article 108444"},"PeriodicalIF":6.6,"publicationDate":"2024-11-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142643116","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Extending the Genuine Savings estimates with natural capital and poverty at the regional and national level in Italy 利用意大利地区和国家层面的自然资本和贫困问题扩展 "真正储蓄 "估算方法

IF 6.6 2区经济学

Ecological Economics Pub Date : 2024-11-05 DOI: 10.1016/j.ecolecon.2024.108433

Valentina Di Gennaro , Silvia Ferrini , Robert Kerry Turner

{"title":"Extending the Genuine Savings estimates with natural capital and poverty at the regional and national level in Italy","authors":"Valentina Di Gennaro , Silvia Ferrini , Robert Kerry Turner","doi":"10.1016/j.ecolecon.2024.108433","DOIUrl":"10.1016/j.ecolecon.2024.108433","url":null,"abstract":"<div><div>Efforts to improve the Genuine Savings, a widely accepted index to assess the weak sustainability of an economy's development, have led to the creation of a broad body of literature that aims to produce more robust macroeconomic indicators for policy decision making. However, the various approaches to natural capital welfare accounting results in conflicting indicators of change. It is also the case that the inclusion of natural and social capital components is still scant. This paper addresses this gap by extending the traditional Genuine Savings methodology by including some natural capital components (e.g. flood protection, water purification) and the poverty dimension through a deontological approach. Although not offering a silver bullet solution, our approach proposes a pluralist and pragmatic improvement from ‘weak’ towards ‘stronger’ sustainability indicators. Results highlight the availability of data and information produced by different initiatives including the United Nations System of Environmental-Economic Accounting guidelines. The empirical application provides Genuine Savings estimates for Italy from 2006 to 2012 and from 2012 to 2015, shedding the light on the importance of natural capital and social considerations at national and regional level.</div></div>","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"228 ","pages":"Article 108433"},"PeriodicalIF":6.6,"publicationDate":"2024-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142587083","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Is pro-environmental effort affected by information about others’ behavior? 支持环保的努力是否会受到他人行为信息的影响？

IF 6.6 2区经济学

Ecological Economics Pub Date : 2024-11-04 DOI: 10.1016/j.ecolecon.2024.108437

Dominik Suri , Niklas Bongers , Sebastian Kube

{"title":"Is pro-environmental effort affected by information about others’ behavior?","authors":"Dominik Suri , Niklas Bongers , Sebastian Kube","doi":"10.1016/j.ecolecon.2024.108437","DOIUrl":"10.1016/j.ecolecon.2024.108437","url":null,"abstract":"<div><div>Strengthening pro-environmental behavior, as well as understanding its drivers, is crucial for the fight against global warming. In this study, we (i) shed light on the behavioral determinants of pro-environmental efforts and (ii) explore the potential of information provision (about others’ efforts) to shape pro-environmental behavior. US citizens (<span><math><mrow><mi>n</mi><mo>=</mo><mn>782</mn></mrow></math></span>) in our online experiment are given the opportunity to work on a limited number of real-effort transcription tasks. For each task completed, one tree is planted via a specialized charitable organization. In addition to this incentivized measure of pro-environmental effort, we elicit subjects’ (beliefs about others’) willingness to fight global warming, both in general and w.r.t. specific actions. We find that these beliefs are updated, in particular by subjects that underestimate the actual value, when information about others’ actual willingness to fight global warming is provided. Surprisingly, the observed significant upward shift in beliefs does not translate into higher levels of exerted pro-environmental effort. In addition to our main results, we provide correlational evidence that economic preferences, in particular altruism and positive reciprocity, and universalist values are deeply intertwined with acting pro-environmentally.</div></div>","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"228 ","pages":"Article 108437"},"PeriodicalIF":6.6,"publicationDate":"2024-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142578180","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Animal welfare, moral consumers and the optimal regulation of animal food production 动物福利、道德消费者和动物食品生产的最优监管

IF 6.6 2区经济学

Ecological Economics Pub Date : 2024-11-04 DOI: 10.1016/j.ecolecon.2024.108434

Thomas Eichner , Marco Runkel

引用次数: 0

Incorporating use values into ecosystem specific accounts: Recreational value generated by saltmarsh at a mixed ecosystem site 将使用价值纳入生态系统特定账户：一个混合生态系统地点的盐沼产生的娱乐价值

IF 6.6 2区经济学

Ecological Economics Pub Date : 2024-11-03 DOI: 10.1016/j.ecolecon.2024.108443

Geraldine Doolan, Stephen Hynes

引用次数: 0

A novel nature-based risk index: Application to acute risks and their financial materiality on corporate bonds 基于自然的新型风险指数：应用于公司债券的急性风险及其财务重要性

IF 6.6 2区经济学

Ecological Economics Pub Date : 2024-11-02 DOI: 10.1016/j.ecolecon.2024.108427

Amina Cherief, Takaya Sekine, Lauren Stagnol

引用次数: 0

The biodiversity premium 生物多样性溢价

IF 6.6 2区经济学

Ecological Economics Pub Date : 2024-11-02 DOI: 10.1016/j.ecolecon.2024.108435

Guillaume Coqueret , Thomas Giroux , Olivier David Zerbib

引用次数: 0

Preferences for drought risk adaptation support in Kenya: Evidence from a discrete choice experiment and three decision-making theories 肯尼亚对干旱风险适应支持的偏好：来自离散选择实验和三种决策理论的证据

IF 6.6 2区经济学

Ecological Economics Pub Date : 2024-11-01 DOI: 10.1016/j.ecolecon.2024.108425

Teun Schrieks , W.J. Wouter Botzen , Toon Haer , Jeroen C.J.H. Aerts

{"title":"Preferences for drought risk adaptation support in Kenya: Evidence from a discrete choice experiment and three decision-making theories","authors":"Teun Schrieks , W.J. Wouter Botzen , Toon Haer , Jeroen C.J.H. Aerts","doi":"10.1016/j.ecolecon.2024.108425","DOIUrl":"10.1016/j.ecolecon.2024.108425","url":null,"abstract":"<div><div>Promoting household-level adaptation measures is an important part of climate change adaptation policies to reduce vulnerability to droughts for (agro-)pastoral communities in sub-Saharan Africa. To develop effective supportive policies, it is important to get a better understanding of the needs in the communities. In this study, we, therefore, present the results of a discrete choice experiment in which we identify preferences for four different support types of drought adaptation in (agro-)pastoral communities in Kenya. We include four types of drought and adaptation support: water supply, emergency livestock fodder, adaptation subsidies, and adaptation training. A novelty of our study is that we link the results from our discrete choice experiment to behavioural factors of three established decision-making theories: expected utility theory, protection motivation theory and theory of planned behaviour. Including these theories in our analysis results in an improved understanding of the causal relationship between adaptation behaviour and preferences for adaptation support. We demonstrate that households in (agro-)pastoral communities are willing to pay for both adaptation support and emergency drought support. There is however clear heterogeneity in preferences for support related to behavioural factors. We discuss the implication of our results for drought risk adaptation policy.</div></div>","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"227 ","pages":"Article 108425"},"PeriodicalIF":6.6,"publicationDate":"2024-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142572706","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0