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

Author: Mr. Johannes Wiegand

Publisher: International Monetary Fund

Published: 2021-11-19

Total Pages: 20

ISBN-13: 1616354852

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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.


Book Synopsis Global Climate Change Mitigation, Fossil-Fuel Driven Development, and the Role of Financial and Technology Transfers: A Simple Framework by : Mr. Johannes Wiegand

Download or read book Global Climate Change Mitigation, Fossil-Fuel Driven Development, and the Role of Financial and Technology Transfers: A Simple Framework written by Mr. Johannes Wiegand and published by International Monetary Fund. This book was released on 2021-11-19 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Renewable Energy Sources and Climate Change Mitigation

Renewable Energy Sources and Climate Change Mitigation

Author: Ottmar Edenhofer

Publisher:

Published: 2012

Total Pages: 1076

ISBN-13: 9781139248709

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This Intergovernmental Panel on Climate Change Special Report (IPCC-SRREN) assesses the potential role of renewable energy in the mitigation of climate change. It covers the six most important renewable energy sources - bioenergy, solar, geothermal, hydropower, ocean and wind energy - as well as their integration into present and future energy systems. It considers the environmental and social consequences associated with the deployment of these technologies and presents strategies to overcome technical as well as non-technical obstacles to their application and diffusion. SRREN brings a broad spectrum of technology-specific experts together with scientists studying energy systems as a whole. Prepared following strict IPCC procedures, it presents an impartial assessment of the current state of knowledge: it is policy relevant but not policy prescriptive. SRREN is an invaluable assessment of the potential role of renewable energy for the mitigation of climate change for policymakers, the private sector and academic researchers.


Book Synopsis Renewable Energy Sources and Climate Change Mitigation by : Ottmar Edenhofer

Download or read book Renewable Energy Sources and Climate Change Mitigation written by Ottmar Edenhofer and published by . This book was released on 2012 with total page 1076 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Intergovernmental Panel on Climate Change Special Report (IPCC-SRREN) assesses the potential role of renewable energy in the mitigation of climate change. It covers the six most important renewable energy sources - bioenergy, solar, geothermal, hydropower, ocean and wind energy - as well as their integration into present and future energy systems. It considers the environmental and social consequences associated with the deployment of these technologies and presents strategies to overcome technical as well as non-technical obstacles to their application and diffusion. SRREN brings a broad spectrum of technology-specific experts together with scientists studying energy systems as a whole. Prepared following strict IPCC procedures, it presents an impartial assessment of the current state of knowledge: it is policy relevant but not policy prescriptive. SRREN is an invaluable assessment of the potential role of renewable energy for the mitigation of climate change for policymakers, the private sector and academic researchers.

Positive Measures for Technology Transfer Under the Climate Change Convention

Positive Measures for Technology Transfer Under the Climate Change Convention

Author: Tim Forsyth

Publisher: Royal Institute for International Affairs

Published: 1998

Total Pages: 136

ISBN-13:

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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.


Book Synopsis Positive Measures for Technology Transfer Under the Climate Change Convention by : Tim Forsyth

Download or read book Positive Measures for Technology Transfer Under the Climate Change Convention written by Tim Forsyth and published by Royal Institute for International Affairs. This book was released on 1998 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author: Miria Pigato

Publisher: World Bank Publications

Published: 2020-04-09

Total Pages: 231

ISBN-13: 1464815003

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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.


Book Synopsis Technology Transfer and Innovation for Low-Carbon Development by : Miria Pigato

Download or read book Technology Transfer and Innovation for Low-Carbon Development written by Miria Pigato and published by World Bank Publications. This book was released on 2020-04-09 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author: Timothy Forsyth

Publisher: Routledge

Published: 2014-04-08

Total Pages: 263

ISBN-13: 1134192177

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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.


Book Synopsis International Investment and Climate Change by : Timothy Forsyth

Download or read book International Investment and Climate Change written by Timothy Forsyth and published by Routledge. This book was released on 2014-04-08 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Economics of Climate Change Mitigation Policies and Options for Global Action beyond 2012

The Economics of Climate Change Mitigation Policies and Options for Global Action beyond 2012

Author: OECD

Publisher: OECD Publishing

Published: 2009-09-18

Total Pages: 302

ISBN-13: 9264073612

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Against the background of a projected doubling of world greenhouse gas emissions by mid-century, this book explores feasible ways to abate them at least cost.


Book Synopsis The Economics of Climate Change Mitigation Policies and Options for Global Action beyond 2012 by : OECD

Download or read book The Economics of Climate Change Mitigation Policies and Options for Global Action beyond 2012 written by OECD and published by OECD Publishing. This book was released on 2009-09-18 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Against the background of a projected doubling of world greenhouse gas emissions by mid-century, this book explores feasible ways to abate them at least cost.

Diversification and Cooperation in a Decarbonizing World

Diversification and Cooperation in a Decarbonizing World

Author: Grzegorz Peszko

Publisher: World Bank Publications

Published: 2020-07-24

Total Pages: 160

ISBN-13: 1464813418

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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.


Book Synopsis Diversification and Cooperation in a Decarbonizing World by : Grzegorz Peszko

Download or read book Diversification and Cooperation in a Decarbonizing World written by Grzegorz Peszko and published by World Bank Publications. This book was released on 2020-07-24 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Global Climate Change - The Technology Challenge

Global Climate Change - The Technology Challenge

Author: Frank Princiotta

Publisher: Springer Science & Business Media

Published: 2011-05-19

Total Pages: 426

ISBN-13: 9048131537

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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


Book Synopsis Global Climate Change - The Technology Challenge by : Frank Princiotta

Download or read book Global Climate Change - The Technology Challenge written by Frank Princiotta and published by Springer Science & Business Media. This book was released on 2011-05-19 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Climate Change Mitigation and Sustainable Development

Climate Change Mitigation and Sustainable Development

Author: Rajah Rasiah

Publisher: Routledge

Published: 2020-05-21

Total Pages: 169

ISBN-13: 0429647352

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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.


Book Synopsis Climate Change Mitigation and Sustainable Development by : Rajah Rasiah

Download or read book Climate Change Mitigation and Sustainable Development written by Rajah Rasiah and published by Routledge. This book was released on 2020-05-21 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Climate Change

Climate Change

Author: Gordon James MacDonald

Publisher:

Published: 1992

Total Pages: 114

ISBN-13:

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Book Synopsis Climate Change by : Gordon James MacDonald

Download or read book Climate Change written by Gordon James MacDonald and published by . This book was released on 1992 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: