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71. Sustainable carbon removal

Author:
David R. Morrow and Simon Nicholson
Publication Date:
10-2021
Content Type:
Special Report
Institution:
Institute for Carbon Removal Law and Policy, American University
Abstract:
Carbon removal, which involves capturing carbon dioxide (CO2) from the atmosphere and sequestering it, can help us meet the goals of the Paris Agreement. The key question is not just how to make large-scale carbon removal operational, but how to make it sustainable. Sustainable practices balance environmental, social, and economic goals. Sustainable carbon removal balances those goals in order to meet the needs of the future without compromising the ability of current generations to meet their own needs. To operationalize this idea, we need to ask two questions: How should we measure the environmental, social, and economic impacts of carbon? How should we decide when carbon removal strikes the right balance between future and present needs? Analyzing carbon removal at different levels can illuminate environmental, social, and economic risks and opportunities. Levels of analysis range from broad technological categories, like reforestation, to specific projects, like Climeworks’ Orca direct air capture project in Iceland. Most analyses have focused on broad technological categories, but more fine-grained analyses are crucial for delivering actionable advice. Finding metrics for environmental, social, and economic impacts is vital for quantifying positive and negative impacts and comparing approaches. One possibility is to use the indicators for the UN’s Sustainable Development Goals, which are politically negotiated, internationally accepted metrics of environmental, social, and economic sustainability. Determining which approaches are most sustainable requires balancing different positive and negative impacts that may not be easily comparable. There are several ways to do this, ranging from intuitive judgments to multicriteria decision analysis, although any decisions about which approaches are most sustainable are ultimately political decisions. In summary, to develop sustainable carbon removal, we need to identify sustainability metrics, such as the indicators behind the Sustainable Development Goals; apply those metrics at different levels of analysis; and develop strategies for determining which approaches strike the right balance between environmental, social, and economic goals.
Topic:
Climate Change, Environment, Sustainable Development Goals, and Carbon Emissions
Political Geography:
Global Focus

72. Can the Arab Region meet the Sustainable Development Goals by 2030?

Author:
Mourad Wahba
Publication Date:
02-2021
Content Type:
Journal Article
Journal:
Cairo Review of Global Affairs
Institution:
School of Global Affairs and Public Policy, American University in Cairo
Abstract:
There are multiple challenges which need to be confronted in both data collection and public policy so that the SDGs can be attained.
Topic:
Development, Sustainable Development Goals, Public Policy, and Sustainability
Political Geography:
Africa, Middle East, and Arab Countries

73. Can adjustment costs in research derail the transition to green growth ?

Author:
Laura Nowzohour
Publication Date:
06-2021
Content Type:
Working Paper
Institution:
Centre for International Environmental Studies, The Graduate Institute (IHEID)
Abstract:
Adjustment costs are a central bottleneck of the real-world economic transition essential for achieving the sizeable reduction of greenhouse gas (GHG) emissions set out by policy makers. Could these costs derail the transition process to green growth, and if so, how should policy makers take this into account? I study this issue using the model of directed technical change in Acemoglu, Aghion, Bursztyn, and Hemous (2012), AABH, augmented by a friction on the choice of scientists developing better technologies. My results show that such frictions, even minor, materially affect the outcome. In particular, the risk of reaching an environmental disaster is higher than in the baseline AABH model. Fortunately, policy can address the problem. Specifically, a higher carbon tax ensures a disaster-free transition. In this case, the re-allocation of research activity to the clean sector happens over a longer but more realistic time horizon, namely around 15 instead of 5 years. An important policy implication is that optimal policies do not act over a substantially longer time horizon but must be more aggressive today in order to be effective. In turn, this implies that what may appear as a policy failure in the short-run | a slow transition albeit aggressive policy | actually re ects the efficient policy response to existing frictions in the economy. Furthermore, the risk of getting environmental policy wrong is highly asymmetric and `robust policy' implies erring on the side of stringency. Details
Topic:
Environment, Sustainable Development Goals, Economic Growth, Sustainability, Anthropocene, and Green Transition
Political Geography:
Global Focus

74. Financing energy innovation: internal finance and the direction of technical change

Author:
Joëlle Noailly and Roger Smeets
Publication Date:
09-2021
Content Type:
Working Paper
Institution:
Centre for International Environmental Studies, The Graduate Institute (IHEID)
Abstract:
Achieving the goals of the Paris Agreement and of climate neutrality by 2050 in the European Union will require mobilizing financial investments towards clean energy innovation. This study examines the role of internal finance (cash flows and cash holdings) and financing constraints for innovation in energy technologies. We construct a dataset for 1,300 Europeans combining balance-sheet information and patenting activities in renewable (REN) and fossil-fuel (FF) technologies and estimate the sensitivity of patenting activities to's internal finance. We use count estimation techniques and control for a large set of-specific characteristics and market developments in REN and FF technologies. We find that patenting activities ofs specialized in REN innovation are significantly more sensitive to a shock in cash flows thans specializing in FF innovation. Hence, our results emphasize that innovatives in clean energy may be particularly vulnerable to financing constraints. We discuss the implications of these results for energy transition policies aiming to redirect finance towards clean energy R&D.
Topic:
Environment, Science and Technology, European Union, Finance, Sustainable Development Goals, Innovation, and Energy
Political Geography:
Europe

75. Characteristics of Disaster Risk Reduction Governance Under the Kim Jong Un Regime and Implications for Policies toward North Korea

Author:
Ejr Cho and Tae-Kyung Kim
Publication Date:
10-2021
Content Type:
Commentary and Analysis
Institution:
East Asia Institute (EAI)
Abstract:
Kim Jong Un has been trying to overcome the triple distress North Korea faces – sanctions against North Korea, natural disasters, and the coronavirus pandemic. In this commentary, EJR Cho, Research Fellow at the Institute for National Security Strategy (INSS), and Tae-Kyung Kim, Associate Research Fellow at the National Assembly Futures Institute, explains North Korea’s “disaster risk reduction” governance, a system implemented by Kim Jong Un to flaunt the legitimacy and superiority of his regime. Internally, the regime has changed its organization and system related to disaster management. Externally, North Korea has requested the international community for disaster recovery assistance, accepted international norms on disaster management, and sought a multilateral cooperation to solve the distress that the regime faces. Changes such as Kim Jong Un’s shift from the Kim Jong Il regime's military-first politics to 'people first politics' show that it is possible for North Korea to engage with the international community in other areas in the coming years.
Topic:
Governance, Sustainable Development Goals, COVID-19, and Disaster Management
Political Geography:
Asia and North Korea

76. The Role of Community-Based Natural Resource Management Mechanisms in Sustainable Livelihoods in North Darfur

Author:
Abubakr Mohamed JUma Siam, Ibrahim Ali Elnour, Somia Ibrahim Ambaddi, and Leila Omer Adam
Publication Date:
12-2021
Content Type:
Working Paper
Institution:
Feinstein International Center, Tufts University
Abstract:
Researchers from the University of Al Fashir in North Darfur, Sudan conducted this study to identify the ways in which access to and use of natural resources in North Darfur is effectively regulated through community-based natural resource management (CBNRM) mechanisms and what impact these mechanisms have on people’s livelihoods. The study revealed that there are CBNRM committees in the majority of the studied communities. Their crucial strength is the nomination of committee members by the community themselves. Thus, their legitimacy comes from the community which provides the power to work and succeed in various fields of natural resource access and livelihood systems. The study discusses key findings related to the role that CBNRM committees play (and do not play) in regulating livelihoods and ecosystems. The data were collected from three localities: El Fashir, Daresalam and Kalemindo. Seventeen villages/communities/government officials where the Taadoud II program operates were selected for the study. The study was conducted in collaboration with the Taadoud II Project’s inter-university partnership between the Feinstein International Center at Tufts University; the University of Al Fashir in North Darfur, Sudan; and the University of Zalingei in Central Darfur, Sudan.
Topic:
Sustainable Development Goals, Sustainability, Community, and Resource Management
Political Geography:
Africa, Sudan, and Darfur

77. Free Trade as an Anchor for Sustainable Development

Author:
Sundjo Fabien and Sunjo Tata
Publication Date:
12-2021
Content Type:
Working Paper
Institution:
The Nkafu Policy Institute
Abstract:
Does trade enhance or jeopardize sustainable development? This brief answers this question by debunking the myth that protectionism is a driver of sustainable development. It then outlines the ways in which free trade can lead to sustainable development. This brief finds that free trade is a boon for GDP growth, value chains, and better productivity. It will equally lead countries to specialize and become more competitive. This brief pithily finds that free trade will anchor sustainable development if countries synchronize trade facilitation measures and lower non-tariff barriers such as indiscriminate checks at land borders.
Topic:
Development, International Trade and Finance, Sustainable Development Goals, Free Trade, and Sustainability
Political Geography:
Africa

78. Global Environmental, Social and Governance (ESG) Capital Allocation Strategies Between Impact Ambitions and Measurement Challenges

Author:
Sara Lovisolo
Publication Date:
08-2021
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
Responsible investment as a capital allocation strategy has evolved from its ethical and political origins to embrace science-based considerations and outcome-based approaches in the context of the urgent action required in response to climate change and the Sustainable Development Goals. This shift can pose both threats and opportunities to companies seeking to get access to a diversified investor base. The investment environment companies are faced with varies depending on the geographical context and the investment style of investors. In particular, the rise of passive investment – that is the replication of financial indices in the construction of fund portfolios – is an important tool for the integration of sophisticated environmental, social and governance (ESG) factors in investment strategies. The US, Europe, Asia-Pacific and Africa present different levels of maturity and strengths in the space of responsible investment, calling for ad-hoc responses from investee companies. Across all jurisdictions the challenge of effectively measuring the impact of responsible investment is one investors and policymakers alike are still grappling with. Paper prepared in the framework of the IAI-Eni Strategic Partnership, July 2021.
Topic:
Climate Change, International Political Economy, Foreign Direct Investment, and Sustainable Development Goals
Political Geography:
Global Focus

79. Export Curbs on Essential Goods in the Wake of COVID-19 and the Least Developed Countries: Permanent Scarring from a Temporary Outburst

Author:
Simon Evenett
Publication Date:
01-2021
Content Type:
Policy Brief
Institution:
German Institute of Development and Sustainability (IDOS)
Abstract:
Anything that jeopardises progress towards the Sustainable Development Goals – such as a global pandemic and how governments react to it – is thus a major source of concern, in particular for least developed countries (LDCs). The first half of 2020 witnessed governments imposing dozens of export curbs on essential medical goods and foods that the LDCs, among other nations, depend upon. Although some of those curbs have subsequently been removed, there is a substantial risk of a permanent reduction in essential goods supplied to LDC markets, as current multilateral trade disciplines on export controls do not specifically require a return to the pre-pandemic status quo. Let us not forget that the G20 trade and investment ministers declared on 3 November 2020 that “any emergency trade measures designed to tackle COVID-19, including export restrictions on vital medical supplies and equipment and other essential goods and services, if deemed necessary, are targeted, proportionate, transparent, temporary, reflect our interest in protecting the most vulnerable, do not create unnecessary barriers to trade or disruption to global supply chains, and are consistent with WTO rules” (G20, 2020). Evidence on resort to export restrictions suggests, however, that G20 fealty to this pledge was uneven. The purpose of this Briefing Paper is to outline the key policy developments implicating the trade in essential goods during the first nine months of the COVID-19 pandemic before drawing out the implications for development policy and trade policy cooperation. These lessons need to be taken on board quickly if the mistakes made in 2020 are not to be repeated in 2021, when policymakers and the private sector around the world face the imperative of the equitable and efficient global distribution of COVID-19 vaccines. Recent export controls on such vaccines suggest important lessons from last year have not been taken on board universally. The key findings and policy recommendations are: • Permanent disruption to trade routes in medical goods and medicines cannot be ruled out as a result of temporary export curbs. • Revisit the World Trade Organization (WTO) rules that allow export curbs during emergencies. • LDCs should increase their buying power by joining together to buy medical goods and medicines from a diversified set of production locations. • Such buying power would be multiplied if LDCs joined forces with leading development agencies and the multilateral development banks. Stockpiling in advance of any future pandemic offers no cast-iron guarantee, as no-one can know for sure what medical goods will be in high demand.
Topic:
Development, International Cooperation, Sustainable Development Goals, Trade, and COVID-19
Political Geography:
Global Focus

80. SDG-Aligned Futures and the Governance of the Transformation to Sustainability: Reconsidering Governance Perspectives on the Futures We Aspire to

Author:
Ariel Macaspac Hernandez
Publication Date:
01-2021
Content Type:
Working Paper
Institution:
German Institute of Development and Sustainability (IDOS)
Abstract:
The (im)possibility of governance of the transformation to sustainability (T2S) is driven by how the related multiple transition processes as well as the various functional, institutional and bargaining interactions among relevant agents or stakeholders can be steered. Like other transformation processes, T2S is an immediate response to threats and risks behind structural changes. In addition, T2S is a “purposive new normal” because it seeks ways to achieve a new equilibrium whereby the system is able to effectively confront or prevent imminent threats and risks. At the same time, this paper claims that there can be more than one version of the new equilibrium for each state or society. This paper argues against the “ahistoricity” (Geschichtslosigkeit) approach of much of the literature on T2S and contends that each country has a distinct set of socio-political (e.g. quality of institutions) and economic resources (e.g. gross national income) available, depending on its current standing. The academic debate on transformation has re-emerged with intensity due to it increasingly being linked to the discourse on sustainability. One important thread of this transformation–sustainability nexus is the role of governance. While the academic literature on governing T2S can already build on decades of work, the debate on the three-fold interfacing of governance, transformation and sustainability still has major gaps to fill. This paper articulates an integrated approach in understanding the governance of T2S by bringing together perspectives from sociology, political science and economics (and their sub-disciplines) as puzzle parts. Connecting the different puzzle parts contributed by the different disciplines, this paper conceptualises the four types of resources needed to make governance conducive to T2S: vision, performance, social cohesion and resilience. The next step for this paper is to use these puzzle parts to form a framework to introduce three sets of scenarios of pathways for sustainable futures, the “SDG-aligned futures”. The three pathways leading to these SDG-aligned futures are political-transition-driven (or strong), societal-transition-driven (or cohesive) and economic-transition-driven (or efficient). The three scenarios for SDG-aligned futures serve on one hand as the basis for the contextualisation of transformation for a more strategic application of appropriate solutions by focussing on what governance structures, levels, processes and scales are conducive to T2S. At the same time, this approach resolves the “ahistoricity” dilemma in many concepts of T2S by highlighting that countries have different entry points when initiating T2S. The perspectives on the scenarios towards a sustainable future provide multiple entry points for each country by specifying the departing stage for a specific country that consists of a set of path dependencies resulting from the country’s (1) historical experience (e.g. colonialism) and (2) national discourse (e.g. debate on the sustainable energy transition). As countries utilise the potentials of their already existing governance structures and implement policy reforms that occur within existing institutional and politico–legal structures as well as through social upheavals and fundamental changes (hence, resilience is fundamental to T2S), these pathways are aligned by the Sustainable Development Goals, leading to coherent societal priorities and policy mixes.
Topic:
Governance, Sustainable Development Goals, and Sustainability
Political Geography:
Global Focus