This book presents a systemic view of the global environmental economy under the conditions of climate change from the positions of Sustainable Development Goals. The purpose of the book is to study the current problems of the global environmental economy under the conditions of climate change and to determine the prospects of its sustainable development (systemic support for the SDGs). This goal predetermines the logic and structure of the book, which is comprised of five parts.
Part I presents the authors’ novel view of the global environmental economy under the conditions of climate change from the positions of the SDGs. It reflects the contradiction and describes the path of preserving economic growth during the implementation of SDG 13. The COVID-19 pandemic and economic crisis are considered as the result of the reduction of biodiversity under the conditions of climate change from the positions of SDG 3. Responsible innovations, eco-friendly products, and green trade are presented as trends of the environmental economy under the conditions of climate change to support SDG 12. Green jobs are analyzed in the environmental economy under the conditions of climate change during the implementation of SDG 8. The significance of social inclusivity and reduction of the inequality of the environmental economy under the conditions of climate change to support SDG 10 is noted.
Part II elaborates on the sectoral specifics of the influence of climate change on the environmental economy: energetics, finance, industry, state management, and agriculture. Part III presents and discusses the international experience of development of the environmental economy under the conditions of climate change given the specifics of developed and developing countries and based on the case experience of Central Asia, the EAEU, and Russia.
In Part IV, technological transition (Fourth Industrial Revolution) is offered as a perspective response of the global economic policy to climate change. Scenarios of the fight against climate change in the Decade of Action depending on the scale of the technological transition are described: digital economy vs Industry 4.0 and Society 5.0. The perspectives of the technological transition at the level of companies (creation of cyber-physical systems of Industry 4.0; green digital innovations and smart ESG finance) and regions (smart region as a socio-economic environment with large adaptability to climate change) are described.
Author(s): Elena G. Popkova, Bruno S. Sergi
Series: Advances in Global Change Research, 73
Publisher: Springer
Year: 2023
Language: English
Pages: 538
City: Cham
Introduction: Review of the Challenges of Sustainable Development of the Global Environmental Economy in the Face of Climate Change
Contents
Contributors
Part I Green and ESG Finance in Support of Sustainable Development of the Global Environmental Economy in the Face of Climate Change
1 A Systemic View of Ecological Economics in a Changing Climate from the Perspective of the Sustainable Development Goals (SDGs)
1.1 Introduction
1.2 Literature Review
1.3 Materials and Methods
1.4 Results
1.4.1 Systemic Vision of the Problems of the Ecological Economics from the SDGs Perspective
1.4.2 Systemic Approach to Addressing the Ecological Economics from the Perspective of Climate Change: A View from the SDGs
1.5 Discussion and Conclusion
References
2 The Harm of Cryptocurrency Mining to the Environment: How Serious is It
2.1 Introduction
2.2 Methodology
2.3 Results
2.4 Conclusion
References
3 Current Trends in the Green Bond Market
3.1 Introduction
3.2 Methodology
3.3 Results
3.4 Conclusions
References
4 Factors of Attractiveness of Green Bonds as a Financing Tool for Countering Adverse Climate Change
4.1 Introduction
4.2 Methodology
4.3 Results
4.4 Conclusion
References
5 Green Financing as a Tool to Fight Climate Change
5.1 Introduction
5.2 Methodology
5.3 Results
References
6 Stock Exchanges and Institutional Support of ESG Reporting: Evidence from Russia
6.1 Introduction
6.2 Methodology
6.3 Results
6.4 Conclusion
References
7 Environmental Accounting and Reporting as a Tool of Ensuring the Sustainable Development of the Economy
7.1 Introduction
7.2 Methods
7.3 Results
7.4 Conclusion
References
8 Prospects of International Cooperation in the Arctic Under the Russian Chairmanship of the Arctic Council in 2021–2023: Sustainable Shipping, “Green” Technology and Innovation
8.1 Introduction
8.2 Methodology
8.2.1 Sustainable Shipping in the Arctic Ocean, “Green” Technology and Innovation
8.3 Results
8.4 Conclusion
References
9 Developing Responsible Investing
9.1 Introduction
9.2 Materials and Method
9.3 Results
9.4 Conclusion
References
10 Financial Aspects of Increasing the Effectiveness of Innovative Activities of Enterprises in the Framework of the Concept of Sustainable Development
10.1 Introduction
10.2 Methodology
10.3 Results
10.4 Conclusion
References
Part II Climate-Smart Innovations and Advanced Industry 4.0 Technologies to Support the Sustainable Development of the Global Environmental Economy
11 Smart Climate Innovations Impacting Industrial Systems
11.1 Introduction
11.2 Materials and Method
11.3 The Main Body
11.4 Conclusion
References
12 Marketing HR Strategy for Creating Green Jobs to Support the Fight Against Climate Change
12.1 Introduction
12.2 Literature Review
12.3 Materials and Methods
12.4 Results
12.5 Conclusion
References
13 Industry 4.0 Innovations in the Global Fashion Sector and Their Role in Contributing to Minimizing Its Negative Impact on the Climate
13.1 Introduction
13.2 Methodology
13.3 Results
13.4 Conclusion
References
14 Environmental Assessment of Companies and Organizations in Russia in the Context of Industry 4.0
14.1 Introduction
14.2 Methodology
14.3 Results
14.4 Conclusion
References
15 Development of National Systems of Green Finance in the Context of Industry 4.0
15.1 Introduction
15.2 Methodology and Literature Review
15.3 Results
15.4 Conclusions
References
16 Applying Digital Technology to Combat Climate Change in Russia and the EU
16.1 Introduction
16.2 Methodology
16.3 Results
16.4 Conclusions
References
17 Industry 4.0 Climate Risk Management in International Oil & Gas Companies
17.1 Introduction
17.2 Methodology
17.3 Results
17.4 Conclusions
References
18 Prospects of International Cooperation in the Arctic Under the Russian Chairmanship of the Arctic Council in 2021–2023: Social Projects and ESG Financing
18.1 Introduction
18.2 Methodology
18.2.1 Well-Being of the Indigenous Peoples
18.2.2 Sustainable Financing in the Arctic
18.3 Results
18.4 Conclusion
References
19 The Use of Blockchain Technology to Solve Problems in the Field of Ecology and Health Care
19.1 Introduction
19.2 Methodology
19.3 Results
19.3.1 How Blockchain Contributes to Saving the Environment
19.3.2 The Impact of Cryptocurrency Mining on the Environment
19.3.3 Blockchain Application in Health Care: General Aspects
19.3.4 Blockchain and Clinical Research
19.3.5 Blockchain Solutions from Ant Group
19.3.6 Electronic Billing
19.3.7 Distribution of Prescriptions
19.3.8 Universal Traceability
19.3.9 Charity Projects
19.3.10 Blockchain and the Fight Against the Coronavirus Pandemic
19.3.11 Drug and Vaccine Supply Chain
19.4 Conclusions
References
20 Insufficiency of the Material Base for Implementing the Environmental Agenda of Industry 4.0
20.1 Introduction
20.2 Methodology
20.3 Results
20.4 Conclusion
References
Part III Industry-Specific Sustainability Features of Environmentally Responsible Business Practices in Support of the Fight Against Climate Change
21 Formation of a Balanced Financing Model as the Basis for Sustainable Development of the Social Insurance System Against Unemployment in the Russian Federation
21.1 Introduction
21.2 Methodology
21.3 Results
21.4 Discussion
21.5 Conclusion
References
22 Analysis of Organizational and Individual Values Congruence in the Implementation of the Bank’s ESG Strategy
22.1 Introduction
22.2 Materials and Methods
22.3 Results
22.4 Conclusion
References
23 Solving Environmental Problems as a Priority for “Young” Companies Conducting IPOs Amid Global Economic Uncertainty
23.1 Introduction
23.2 Methodology
23.3 Results
23.4 Conclusions
References
24 Transnational Corporations, Climate Change and Human Rights (“Milieudefensie Versus Royal Dutch Shell”, 2021)
24.1 Introduction
24.2 Materials and Method
24.3 Results
24.4 Conclusion
References
25 Implementation of Sustainable Development Principles into Corporate Risk Management
25.1 Introduction
25.2 Methodology and Materials
25.3 Results
25.4 Conclusion
References
26 World Experience of Developing Entrepreneurial Competencies in the Context of the Sustainable Development Paradigm
26.1 Introduction
26.2 Methodology
26.3 Results
26.4 Conclusion
References
27 Comprehensive Assessment of the Sustainable Development of an Industrial Enterprise
27.1 Introduction
27.2 Methodology
27.3 Results
27.4 Conclusion
References
28 Formation of the Necessary Conditions for the Sustainable Development of Industrial Enterprises
28.1 Introduction
28.2 Methodology
28.3 Results
28.4 Conclusion
References
Part IV Carbon-Neutral and Clean Energy for Sustainable Development of the Global Environmental Economy in the Face of Climate Change
29 Nanotech Innovations—The Basis of Efficient Energy Transfer
29.1 Introduction
29.2 Materials and Methods
29.3 Literature Review
29.4 Results
29.5 Discussions
29.6 Conclusions
References
30 Sustainable Development of the Oil and Gas Sector in the Arctic Region
30.1 Introduction
30.2 Methodology
30.2.1 Methods of Assessing Sustainable Development at the Business Level
30.3 Results
30.4 Conclusion
References
31 Competitiveness of the Renewable Energy Sector in Russia and Prospects for a New Government Support Program Until 2035
31.1 Introduction
31.2 Materials and Methods
31.3 Literature Review
31.4 Results
31.5 Discussions
31.6 Conclusions
References
32 Sustainable Energy Development in the Russian Arctic. Prospects for Smart Solutions to Mitigate Climate Change
32.1 Introduction
32.2 Methodology
32.2.1 Sustainable Development in the Arctic
32.2.2 Promising Areas of Smart Climate Solutions
32.3 Results
32.3.1 Short-Term Prospects
32.3.2 Mid-Term Prospects
32.3.3 Long-Term Prospects
32.4 Conclusion
References
33 Adapting Innovation Strategy of Major International Oil and Gas Companies to the Evolving Climate Agenda
33.1 Introduction
33.2 Methodology
33.3 Results
33.3.1 Adapting Innovation Strategy to the Climate Agenda
33.3.2 Innovation Ecosystem
33.3.3 Directions of Technological Development
33.4 Conclusion
References
34 Czech Energy Policy and Diplomacy in the Context of the Climate Agenda
34.1 Introduction
34.2 Methodology
34.3 Results
34.4 Conclusion
References
35 Green Energy of the BRICS Countries: The Driver of Inclusive Development
35.1 Introduction
35.2 Methodology
35.3 Results
35.3.1 The State of the Energy Systems of the BRICS Countries
35.3.2 Models of Support for “Green” Electricity in the BRICS Countries
35.4 Conclusion
References
36 Prospects for Sustainable Development of the Green Energy Sector in the New Economic Environment
36.1 Introduction
36.2 Methodology
36.3 Results
36.4 Conclusion
References
Part V Social Institutions, Government Regulation, and Infrastructure for Sustainable Development of the Economy and Combating Climate Change
37 Novelties of Tax Regulation of Decarbonization in the Russian Federation
37.1 Introduction
37.2 Methodology
37.3 Results
37.4 Conclusions
References
38 Infrastructural Dimension of Sustainable Development, Climate Change and Environmental Governance
38.1 Introduction
38.2 Methodology
38.3 Results
38.3.1 Long-Term Planning of Infrastructure Development with an Emphasis on “Green” Infrastructure
38.3.2 Improving the Quality of Infrastructure Projects
38.3.3 Development of Tools for Assessing the Sustainability of Infrastructure Projects
38.3.4 Development of Digital and Platform Solutions in the Field of Infrastructure Investments
38.3.5 Development of New Infrastructure Financing Mechanisms
38.3.6 Institutional Aspects of State Environmental Governance
38.4 Conclusion
References
39 Public–Private Partnerships and Green Financing of Infrastructure Projects
39.1 Introduction
39.2 Materials and Methodology
39.3 Results
39.4 Conclusion
References
40 EAEU Industrial Development Under SDG-9: Challenges and Possibilities
40.1 Introduction
40.2 Methodology
40.3 Results
40.3.1 SDG-9 Monitoring in the EAEU
40.3.2 Inclusive and Sustainable Industrialization of the EAEU Countries
40.4 Conclusion
References
41 From Scientific and Technical to Socio-Ecological revolution–A Step into the Future
41.1 Introduction
41.2 Methodology
41.3 Results
41.4 Conclusion
References
42 Formation of Competencies for the Sustainable Development of Future Teachers of Mathematics
42.1 Introduction
42.2 Materials and Methods
42.3 Results and Discussion
42.4 Conclusion
References
43 The Instruments, Necessary for the Transition from the Scientific and Technological Revolution to the Socio-Ecological One
43.1 Introduction
43.2 Methodology
43.3 Results
43.4 Conclusion
References
44 Environmental Behaviour: Aspects of Definition in the Modern System of “Man–Environment” Interaction
44.1 Introduction
44.2 Methodology
44.3 Results
44.3.1 Attitude Towards the Environment in Terms of Rational Choice
44.3.2 Terminological Definition of Environmental Behaviour
44.3.3 Approaches and Methods of Possible Assessments of the Directions of Formation of Ecological Behaviour
44.3.4 Changes in Consumer Activity of the Population of the Russian Federation in the Context of the Likely Burden of Risk Compensation
44.4 Conclusion
References
45 Transformational-Overcointegrative Methodology as the Intellectual Core of Noosphere Approach to Governance and Achievement of the Goals of Sustainable Development
45.1 Introduction
45.2 Methodology
45.3 Results
45.4 Conclusion
References
Part VI International Experience and Regulatory Specifics of Combating Climate Change in Different Countries
46 Environmental Taxation: Experience of Foreign Countries
46.1 Introduction
46.2 Methodology
46.3 Results
46.4 Conclusions/Recommendations
References
47 Quantitative Assessment of the Implementation of Sustainable Development Projects in the USA, the United Kingdom and China in the Context of Natural and Climatic Disasters
47.1 Introduction
47.2 Methods and Materials
47.3 Results
47.4 Conclusion
References
48 Whether Globally Leading Warming to Strengthen the Geo-Economic Position of China?
48.1 Introduction
48.2 Methodology
48.3 Research Goals and Objectives
48.4 Results Obtained
48.4.1 China’s Climate Policy: Controversial Phenomena
48.4.2 China-EU-USA: New Partnership or Competition on Climate Change
48.5 Conclusion
References
49 The Landscape of Social Entrepreneurship: A Case Study of India
49.1 Introduction
49.2 Methodology
49.3 Results
49.3.1 History of Social Entrepreneurship in India
49.3.2 Ground Realities
49.3.3 Government Policy on Social Engagement
49.3.4 Education
49.3.5 Skill Development and Employment
49.3.6 Energy
49.3.7 Health Care
49.3.8 Water
49.3.9 Sanitation
49.4 Conclusion
References
50 Comparative Analysis of Climate Programs in Germany and the USA
50.1 Introduction
50.2 Methodology
50.3 Results
50.4 Conclusion
References
51 Analysis of Some EU Legal Initiatives Within the Green New Deal Framework
51.1 Introduction
51.2 Materials and Method
51.3 Results
51.3.1 What is the EU Climate Policy and the Green Deal?
51.3.2 How Should the Energy Transition Be Proceed? Renewable Energy Goals
51.3.3 Taxation and Pricing of CO2 Emissions. How Does the Trading Scheme Work?
51.3.4 What Is the Design of the Carbon Border Adjustment Mechanism (C-BAM)?
51.3.5 Changing Regulation of the Fuel Sector and Alternative Transportation Infrastructure
51.4 Conclusion
References
52 European Practice of Building a Carbon-Free Economy
52.1 Introduction
52.2 Methodology: Approaches to the Study of Environmental Problems and Climate Change
52.3 Results
52.3.1 Influence of Industry 4.0 on the Implementation of the Tasks of a Carbon-Free Economy
52.3.2 The EU as the Flagship of Environmental Regulation
52.4 Conclusion
References
53 The Role and Place of Russia in the World Grain Market
53.1 Introduction
53.2 Materials and Method
53.3 Results
53.4 Conclusion
References
54 Model to Predict Waste Generation Within the Context of Sustainable Development: The Example of the Regions in the Far East of the Russian Federation
54.1 Introduction
54.2 Materials and Methods
54.3 Results
54.4 Key Findings
References
55 Achieving the Sustainable Development Goals Through the Prism of Participation in Regional Integration (Using the EAEU as an Example)
55.1 Introduction
55.2 Methodology
55.3 Results
55.4 Conclusion
References
Conclusion