* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download P58.14 How to achieve global scale climate change
Stern Review wikipedia , lookup
Myron Ebell wikipedia , lookup
Instrumental temperature record wikipedia , lookup
Soon and Baliunas controversy wikipedia , lookup
Climate change mitigation wikipedia , lookup
Climate resilience wikipedia , lookup
Heaven and Earth (book) wikipedia , lookup
Global warming hiatus wikipedia , lookup
2009 United Nations Climate Change Conference wikipedia , lookup
German Climate Action Plan 2050 wikipedia , lookup
ExxonMobil climate change controversy wikipedia , lookup
Effects of global warming on human health wikipedia , lookup
Global warming controversy wikipedia , lookup
Climate change denial wikipedia , lookup
Climatic Research Unit documents wikipedia , lookup
General circulation model wikipedia , lookup
Climate engineering wikipedia , lookup
Global warming wikipedia , lookup
Climate sensitivity wikipedia , lookup
Low-carbon economy wikipedia , lookup
Fred Singer wikipedia , lookup
Climate change feedback wikipedia , lookup
Attribution of recent climate change wikipedia , lookup
Climate change and agriculture wikipedia , lookup
Citizens' Climate Lobby wikipedia , lookup
Climate change in Tuvalu wikipedia , lookup
Effects of global warming wikipedia , lookup
Climate change adaptation wikipedia , lookup
Solar radiation management wikipedia , lookup
Climate governance wikipedia , lookup
Mitigation of global warming in Australia wikipedia , lookup
Climate change in the United States wikipedia , lookup
Economics of global warming wikipedia , lookup
Global Energy and Water Cycle Experiment wikipedia , lookup
Media coverage of global warming wikipedia , lookup
Carbon Pollution Reduction Scheme wikipedia , lookup
United Nations Framework Convention on Climate Change wikipedia , lookup
Economics of climate change mitigation wikipedia , lookup
Effects of global warming on humans wikipedia , lookup
Scientific opinion on climate change wikipedia , lookup
Climate change, industry and society wikipedia , lookup
Climate change and poverty wikipedia , lookup
Public opinion on global warming wikipedia , lookup
Surveys of scientists' views on climate change wikipedia , lookup
Politics of global warming wikipedia , lookup
Climate Change: Global Risks, Challenges and Decisions IOP Conf. Series: Earth and Environmental Science 6 (2009) 582021 IOP Publishing doi:10.1088/1755-1307/6/8/582021 P58.14 How to achieve global scale climate change mitigation? An integrative global policy framework beyond Kyoto Vicente Rappaccioli-Navas Founder, Harmonic Alliance Foundation, Consultant and Professor of Sustainability,Universidad Fidelitas, Costa Rica It proposes a politically viable and integrative policy framework to unite all nations in a financially feasible way to achieve global scale climate change mitigation that could be implemented in 2009. One key feature is that it represents a fundamental shift in policy and tools (P&Ts), of moving out of cost approach P&Ts towards profit seeking ones in the gradual building of what I have named as the Green Capitalist Economy, the elimination of pollution and waste in the production process under a Sustainable Development Intelligent Design approach for the world economy. In essence, the above offers an opportunity to make business profits in the climate change mitigation process within the short term so that there be no reason to further delay a responsibility that is of all nations as well as all citizens. To start with this new approach, what is needed is to realize that the Kyoto Protocol has been in itself an economic and financial barrier for global scale mitigation mainly because it provides no economic incentives for the mitigation investment process, divides the world into industrialized and developing nations (those without emission reduction commitments), and sets a dangerously low 5% GHGs emission reduction target. It can be recalled: “Effectively overcome the barriers identified by the IPCC at a global level: “Barriers to the implementation of mitigation options are manifold and vary by country and sector. They can be related to financial, technological, institutional, informational and behavioral aspects” (IPCC, 2007)” as well as others. This barrier needs to be urgently surmounted by expanding the Kyoto Protocol now to include vital enhancements outlined in the above mentioned paper as well as to admit new capital market instruments such as the included and titled “Ecological” stock that will stimulate profiting within the mitigation process. In consequence, there would be no reason for the world to wait beyond 2012 to start mitigating climate change at a global scale as well as profitably. If climate change mitigation were a right of humanity and the planet Earth included in the Universal Declaration, to thin down “Global Risk”, “the combined world political, economic , social and warfare risk that is rapidly resulting from the unparalleled planetary ecological degradation with strategic naturalresource scarcity, over pollution and contamination, drastic climate change, ozone layer depletion, excessive biodiversity loss added to nuclear weapons and waste build-up”. The sensitive increase in such risk and the resulting economic losses has led me to develop this proposal for the international community and, thus, for the evaluation of the corresponding UN body, private and public sector entity. Bibliography British Antarctic Survey. 10, 2007. A joint research of the Global Carbon Project, the University of East Anglia (UEA) and the British Antarctic Survey. Cline W.R. 1992. The Economics of Global Warming. Institute for International Economics, Washington D.C. 399 p. Ethier W.J. University of Pennsylvania. 1983. Modern International Economics. W.W: Norton & Company. New York. 588 p. Eiteman D.K. and Stonehill A.I. University of California, Los Angeles and Oregon State University. 1989. Multinational Business Finance. 5th Edition. Addison-Wesley Publishing Company. Massachusetts. 679 p. Greenspan, A.2007.The Age of Turbulence. Adventures in a new world. The Penguin Press, New York. 531 p. German Advisory Council on Global Change. June, 2007.World in Transition -Climate Change as a Security Risk. 258 p. IPCC, 2007. Fourth Assessment Report on Climate Change: Mitigation of Climate Change. Summary for Policymakers. International Energy Agency, May, 2004. Analysis of the Impact of High Oil Prices on the Global Economy, International Energy Agency, November 2007. World Energy Outlook 2007- Executive Summary. Labatt, S. and R.R. White. 2007. Carbon Finance: The Financial Implications of Climate Change. John Wiley & Sons, Inc., New Jersey. 268 p. Labatt, S. and R.R. White. 2002. Environmental Finance: A guide to environmental risk assessment and financial products. John Wiley & Sons, Inc., New Jersey. 366 p. Marris, S. 1987. Deficits and the Dollar. The world economy at risk. Policy analysis in international economics. Institute for International Economics, Washington D.C. 343 p. McConnnell, C.R. University of Nebraska-Lincoln. 1981. Economics: Principles, Problems and Policies.8 th Ed. Mc Graw-Hill Inc. New York. 911 p. Neuhoffi, K. 7, 2007. Investment decisions under climate policy uncertainty. Round table of Climate Strategies on Investment Uncertainty, Cambridge. May, 2007. Organization of Petroleum Exporting Countries (OPEC). Official site for the intergovernmental organization dedicated to the c 2009 IOP Publishing Ltd 1 Climate Change: Global Risks, Challenges and Decisions IOP Conf. Series: Earth and Environmental Science 6 (2009) 582021 IOP Publishing doi:10.1088/1755-1307/6/8/582021 stability and prosperity of the petroleum market. www.opec.org The Stern Review: the economics of Climate Change, 2006. Executive Summary UNEP-IAE. United Nations Environment Programme and International Energy Agency. 2007. Analysing Our Energy Future: Some Pointers for Policy-makers. A summary of the World Energy Outlook 2006. Van Horne, J.C. 1986. Financial Management and Policy. 7th Ed., Prentice-Hall, New Jersey. 858 p. Van Horne, J.C. 1984. Financial Market Rates and Flows. Prentice-Hall, New Jersey. 311 p 2