This book includes contributions by leading experts across the globe. Part 1 of the book focuses on the analysis of the Paris Agreement on Climate Change, examines COP26, and questions the political process in the US for the creation of policy for meaningful greenhouse gas emissions reductions....

This book explores links and synergies between international trade and two of the most urgent challenges of the 21st century: achieving sustainable energy (i.e., energy that is affordable, secure, and clean) and mitigating climate change. It takes the unique approach of not only examining how...

Following the chaotic Copenhagen conference of the UN Framework Convention on Climate Change (UNFCCC), policymakers and pundits have discussed the G-20 as an alternative forum for advancing climate change diplomacy. This paper assesses the risks and rewards of tackling climate change in the G-20...

This article explores the links between climate neutrality and sustainability in the context of international trade. For that, it tackles seven main concerns: 1) what do industry leaders now need from policymakers to make them the frontrunners in the global transition to climate neutrality? 2)...

This article provides a timely and forward-thinking analysis regarding the transition to clean energy. It does so by offering a behavioral-economics analysis of prosumer-market factors. We argue that transitioning to clean energy cannot be achieved solely through top-down or bottom-up methods;...

As reporting GHG emissions becomes mandatory in the financial sector, the methods by which emissions are calculated will grow in importance for their impact on the resulting metric. Progress is underway in both the public and private financial sectors to embed emissions accounting standards, but...

This paper investigates Latin America and Caribbean (LAC)’s nationally determined contributions (NDCs) and their potential implications for the region’s balance of payments. The first section summarizes prevailing trade dynamics, finding that in LAC, exports of raw materials help to cover...

We propose a realistic approach to climate policy based on the Copenhagen Agreement to reduce Greenhouse Gases (GHGs) emissions. We assess by how much the non-binding, although official, commitments to reduce emissions made in Copenhagen will affect the level of world GHGs emissions in 2020. Our...

South Korean diplomatic bargaining leverage is enhanced through South Korea acquiring global leadership positions in promoting sustainable development. Global governance trends in addressing the greenhouse gas emission causes of climate change create opportunities for South Korea to benefit in...

We propose a global refunding scheme as a new international approach to addressing climate change. A global refunding system allows each country to set its carbon emission tax, while aggregate tax revenues are partially refunded to member countries in proportion to the relative emissions...