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Climate stabilization is among the most pressing challenges humanity faces in the 21st century. In the words of Pope Francis, “we can no longer speak of sustainable development apart from intergenerational solidarity (2015, p. 78).” While consensus on the necessity for political action to...
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Climate control needs have reached momentum. While scientists call for stabilizing climate and regulators structure climate change mitigation and adaptation efforts around the globe, economists are concerned with finding proper and fair financing mechanisms. In an overlapping-generations...
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Climate justice accounts for the most challenging global governance goal. In the current post-COP21 Paris agreement climate change mitigation and adaptation efforts, the financialization of the ambitious goals has leveraged into a blatant demand. In the weighting of the burden of global warming,...
Persistent link: https://www.econbiz.de/10012921786
Perceived intergenerational unfairness is one of the obstacles for a rapid transition to a low carbon economy whereby current generations have to carry the burden of paying for mitigation, while the next generations will enjoy the benefits for free. Green bonds are believed to be able to...
Persistent link: https://www.econbiz.de/10012931691
The 2030 Agenda for Sustainable Development of the United Nations is a wide-scale action plan for people, planet, and prosperity that strengthens universal peace. Sustainable development is only possible through large-scale stakeholder engagement. In the 17 Sustainable Development Goals with...
Persistent link: https://www.econbiz.de/10013321814
Climate justice governance is discussed in the focal point of law, economics and governance. The implementation of climate stability accounts for the most challenging contemporary global governance predicament that seems to pit today’s against future generations in the trade-off of economic...
Persistent link: https://www.econbiz.de/10014107862
Mapping Climate Justice proposed a 3-dimensional climate justice approach to share the burden of climate change right, just and fair around the globe. First, climate justice within a country should pay tribute to the fact that low- and high-income households carry the same burden proportional to...
Persistent link: https://www.econbiz.de/10014108229