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491. Models-as-Usual for Unusual Risks? On the Value of Catastrophic Climate Change

Author:
Antoine Bommier, Bruno Lanz, and Stéphane Zuber
Publication Date:
11-2013
Content Type:
Working Paper
Institution:
Centre for International Environmental Studies, The Graduate Institute (IHEID)
Abstract:
We study the role of alternative intertemporal preference representations in a model of economic growth, stock pollutant and endogenous risk of catastrophic collapse. We contrast the traditional “discounted utility” model, which assumes risk neutrality with respect to intertemporal utility, with a multiplicative choice model that displays risk aversion in that dimension. First, we show that both representations of preferences can rationalize the same “business as usual” economy for a given interest rate and no pollution externality. Second, once we introduce a collapse risk whose hazard rate is a function of the pollution stock, multiplicative preferences recommend a much more stringent policy response. An illustration in the context of climate change indicates that switching to the multiplicative preference representation has a similar effect, in terms of policy recommendations, as scaling up the schedule of the hazard rate by a factor of 100.
Topic:
Climate Change, Environment, Risk, and Discounting
Political Geography:
Global Focus

492. From Poverty to Power, 2nd Edition: How active citizens and effective states can change the world

Author:
Duncan Green
Publication Date:
10-2012
Content Type:
Book
Institution:
Oxfam Publishing
Abstract:
Seismic events have convulsed global markets since 2008, when From Poverty to Power was first published. World news has been full of stories reflecting a profound sense of uncertainty about global futures. In response, this new edition of From Poverty to Power has been fully revised and now includes an in-depth analysis of the human impact of the global financial and food crises. From Poverty to Power, 2nd Edition argues that a radical redistribution of power, opportunities, and assets, rather than traditional models of charitable or government aid, is required to break the cycle of poverty and inequality. Active citizens and effective states are driving this transformation. Why active citizens? Because people living in poverty must have a voice in deciding their own destiny and holding the state and the private sector to account. Why effective states? Because history shows that no country has prospered without a state structure that can actively manage the development process. There is now an added urgency: climate change. We need to build a secure, fair, and sustainable world within the limits set by scarce resources and ecological realities. The book is accompanied by a list of blog resources. The From Poverty to Power blog played a key role in shaping the second edition of the book. Selected posts have now been indexed thematically to create an effective list of background material that can be read alongside the book.
Topic:
Civil Society, Climate Change, Globalization, Political Economy, and Poverty
Political Geography:
Global Focus

493. The Issue of Effectiveness in International Environmental Regimes

Author:
Yasemin Kaya and Sezgin Kaya
Publication Date:
08-2011
Content Type:
Journal Article
Journal:
Uluslararasi Iliskiler
Institution:
Uluslararasi Iliskiler
Abstract:
The effectiveness of international environmental regimes is a subject that is becoming more and more important within the International Relations discipline. While one of the reasons of that is the increasing interest of the international community in environmental issues, the other reason is that the environmental issues have turned into a problem that has a direct impact on the relations among the states. However, there is no consensus on approaches about the assessment of the effectiveness of the environmental regimes. This study aims to consider the different approaches and views that are important in terms of the assessment of the effectiveness of environmental regimes. In this framework, the approaches related to regime effectiveness are assessed, and the outlines of theoretical and methodological framework that can be used in the analysis of regime effectiveness are tried to be defined.
Topic:
Climate Change, Environment, and Political Theory
Political Geography:
Global Focus

494. Compliance with the Climate Change Obligations: The Kyoto Protocol Compliance Mechanism

Author:
Şûle Anlar Güneş
Publication Date:
09-2011
Content Type:
Journal Article
Journal:
Uluslararasi Iliskiler
Institution:
Uluslararasi Iliskiler
Abstract:
“Procedures and Mechanisma on Compliance Under the Kyoto Protocol” was adopted by the Kyoto Protocol First Meeting of Parties at Montreal in 2005. The Compliance Committee which constitutes of Facilitative Branch and Enforcement Branch, started to operate in 2006. While the Enforcement Branch deserves a special attention due to its innovative quasi-judicial characteristics, the mandate of the Facilitative Branch have many similarities with the Non-Compliance Procedures which is already applicable for various Multilateral Environmental Agreements, predominantly the Montreal Protocol. The outcomes of the ongoing climate change negotiations for post-2012 will possibly shape and guide the necessary changes to the Kyoto Protocol compliance regime as well. Thereupon, the purpose of this article is to shed light on the structure and functioning of the compliance mechanism; the mandates used by the Facilitative and Enforcement Branches; the legal nature of the decisions taken by the Compliance Committee.
Topic:
Climate Change and Kyoto Protocol
Political Geography:
Global Focus

495. 'Human Securitising' the Climate Security Debate

Author:
Lorraine Elliott
Publication Date:
03-2010
Content Type:
Working Paper
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Efforts to understand the connection between climate change and national, regional and international security have fuelled something of a climate security industry, evidenced in a range of reports from governments, international organisations, and non-governmental organisations. In much of this, particularly those works produced by defence agencies and individual governments, the focus has been on threats to national security through civil unrest and violence that derive from competition for resources, access to environmental services, and the unregulated movement of people in the face of ecosystem collapse. This paper reinstates a human security approach.
Topic:
International Relations, Security, Political Violence, and Climate Change
Political Geography:
Global Focus

496. Comprehensive Food Security: An Approach to Sustainably Address Food Insecurity

Author:
Pau Khan Khup Hangzo
Publication Date:
11-2010
Content Type:
Working Paper
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Food security has become one of this century's key global challenges. Given current population and consumption trends, as well as the factors of climate change and resource scarcity, the situation is set to worsen—unless drastic actions are taken. The multi-dimensional nature of the food problem requires a comprehensive approach, one that not only addresses food production and availability but also deals with access issues. Only then can sustainable food security be achieved.
Topic:
Security, Climate Change, Development, and Food
Political Geography:
Global Focus

497. Energy, Cities, and Security: Tackling Climate Change and Fossil Fuel Risk

Author:
Peter Droege
Publication Date:
09-2007
Content Type:
Journal Article
Journal:
The Journal of Diplomacy and International Relations
Institution:
School of Diplomacy and International Relations, Seton Hall University
Abstract:
The world economy is based on cities: cities are its very home. Global financial flows are structured within urban systems; city networks physically articulate national and international markets. Historically, cities have been built around markets, too. Founded on trade routes, they formed growing economies in themselves; they gave rise to and nurtured the dynasties and institutions that manage the decisions that guide national economies. Cities are settings of political command and control, and centres of culture. Here society’s leading images and messages are produced and packaged, shaping social reality and articulating aspirations. The great urban centers of yore were the main stages of their respective political settings. Democracy was developed by urban societies, and it was shaped and supported in the public spaces and institutions of major cities. Today, most population growth occurs in urbanized areas, with half of the world’s population dwelling here. But cities, their form, economies, and growth dynamics have also been very much defined by the energy systems dominating their eras. The manner of this interaction helps define the security profile of an age, a nation, or the balance of global relations. Global trade, sprawling cities, or periods of large-city formation are not new historical phenomena. The stories of hegemonic urban networks involving Babylon of the 18th century BC, Angkor of the 12th century AD, or London of the late 18th century are testimony to this fact. But the speed and sheer mass of the current urbanization wave, and the formation of super and mega-sized cities as a widespread, simultaneous, indeed, global phenomenon is unprecedented; it has only been acknowledged as a significant force during this past half-century. While rampant urbanization had not found wide recognition prior to the 1970s, it has also not been particularly well understood in the time since. The massive explosion of the world’s urban population is relatively new, gathering momentum in the first half of the 20th century and accelerating from the 1950s on. From the 1970s, a burgeoning research literature genre formed to give meaning and voice to this phenomenon.1 Since then, these urban centers have been described as world cities, global cities, megacities, or referred to broadly as the global urban system. Regardless of the label used, this conception connotes primacy of global markets, corporate control, seats of national power, homes to regional security apparatuses and, above all, the agency and relevance of technological innovation in surface, air & sea transport, defense, and the advent of advanced telecommunications.
Topic:
Security, Climate Change, Economy, Fossil Fuels, Cities, and Energy
Political Geography:
Global Focus

498. Science, Public Policy, and Global Warming: Rethinking the Market‐​Liberal Position

Author:
Edwin G. Dolan
Publication Date:
10-2006
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
A survey of market-liberal or libertarian publications and websites finds a large and growing literature on the issue of global warming. Almost without exception, this literature conveys a comforting message: Our planet is in good health. The markets that regulate resource use are working well. The only real dangers come from ill-considered policy initiatives that, if implemented, would do more harm than good. It would seem that the message is well received by its audience—it is repeated, embellished, and applauded with little variation. In this article, I take a contrarian position, not so much with respect to the science of climate change as with respect to the arguments used by market liberals in support of their message of comfort and complacency. One problem area concerns the proper use of scientific evidence in reaching conclusions regarding public policy. It seems to me that market liberals are often reckless in the degree of certainty they professes regarding climatological hypotheses that are, in fact, still controversial and in early stages of development. A second problem concerns the use of cost-benefit analysis. Market-liberal writers are prone to make cost-benefit arguments regarding climate policy that they would never accept in other contexts. Third, the literature on global warming is often weakly rooted, if rooted at all, in the core principles of classical liberalism from which modern market liberalism has evolved. Instead, it is, for the most part, indistinguishable from what is said by conservatives. It might even be said that there is no market-liberal position on this issue—only an echo of arguments made by Republican patriots and the carbon lobby. In short, the whole issue of global warming policy, as viewed by market liberals, needs to be revisited. This can best be done by going back to some of the classical liberal sources, particularly Friedrich Hayek and John Locke, from which modern market-liberal thought is derived.
Topic:
Climate Change, Markets, Science and Technology, Public Policy, and Libertarianism
Political Geography:
Global Focus