Environment & Climate Change

154 Items

Discussion Paper - Harvard Project on Climate Agreements

Transitioning to Long-Run Effective and Efficient Climate Policies

| April 2019

This paper evaluates factors affecting the potential to transition over time to more efficient longrun climate policies, including the sequence of policies to be adopted. By considering these factors, policymakers can increase the likelihood that more efficient policies emerge from the current suite of less-efficient measures being pursued by some national and sub-national governments. The authors focus on the state of Oregon, which is currently contemplating the adoption of a greenhouse-gas cap-and-trade system.

an operator inspects a photolithography tool used to manufacture these solar cells.

Daniel Derkacs/SolarJunction

Journal Article - Research Policy

Governments as Partners: The Role of Alliances in U.S. Cleantech Startup Innovation

Accelerating innovation in clean energy technologies is a policy priority for governments around the world aiming to mitigate climate change and to provide affordable energy. Most research has focused on the role of governments financing R&D and steering market demand, but there is a more limited understanding of the role of direct government interactions with startups across all sectors. The authors  propose and evaluate the value-creation mechanisms of network resources from different types of partners for startups, highlighting the unique resources of government partners for cleantech startups. 

Report: More Climate Change Recognition, Action Among Major Investors

Free-Photos/Pixabay

Report - Axios

More Climate Change Recognition, Action Among Major Investors

| May 10, 2018

Since the Paris Agreement's adoption in 2015, a majority of the world's largest investors have begun to take action on climate change. According to a new report, the 2016–2017 year showed an average improvement in decarbonization within all major investor categories except pension funds.

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Journal Article - Global Policy

The Case for Economic Development Through Sovereign Investment: A Paradox of Scarcity?

| Apr. 14, 2018

Sovereign wealth funds (SWFs) have traditionally been created to recycle excess reserves from natural resource or non‐commodity revenues. However, in recent years funds are being established under conditions of capital scarcity with objectives to contribute domestic economic development, often through the buildout of national infrastructure programs. Such trends in new fund creation represent a fundamental shift in the sovereign wealth fund paradigm and raise serious questions about how these entities are to be capitalized and also the implications of capitalization models on their sustainability. This study examines the recent evolution of SWF models focused on economic development. Its analytic focus is drawn, in particular, to countries that are neither endowed with oil wealth, nor otherwise enjoy export surpluses to be used to capitalize a development‐oriented SWF. While this study is relevant to and expands the scope of the broad literature on SWFs, its specific contribution is as a focused analysis of how SWF funding sources impact achieving long‐term financial and socio‐economic development objectives.

Tokyo at night

Flickr / Agustin Rafael Reyes

Paper - London School of Economics

Global Review of Finance For Sustainable Urban Infrastructure

    Authors:
  • Graham Floater
  • Dan Dowling
  • Denise Chan
  • Matthew Ulterino
  • Tim McMinn
  • Ehtisham Ahmad
| December 2017

This paper is a background review representing part of the initial phase of the Financing the Urban Transition work program. The review builds on a growing body of research that highlights both the importance of national sustainable infrastructure and the need to develop more effective and efficient financing mechanisms for delivering compact, connected cities that meet the UN’s Sustainable Development Goals. While progress has been made in both these areas over the last five years, there remains a policy gap between the international/national level and the municipal level.

Crew members of the Energy Observer, a former race boat turned into a autonomous navigation with hydrogen, clean the solar panels of the boat in Paris

AP

Journal Article - Nature

Six Principles for Public Energy Innovation Programs

As the window of opportunity to avert dangerous climate change closes, the authors argue that we urgently need to take stock of government initiatives that accelerate innovation in energy technologies to reduce greenhouse-gas emissions. What works and why?

Earth at night, 2012. People around the world depend upon electric lighting. Generating electricity using increased amounts of non-fossil fuels is critical to slowing climate change.

USA.gov

Journal Article - Ecological Economics

Using Inclusive Wealth for Policy Evaluation: Application to Electricity Infrastructure Planning in Oil-Exporting Countries

| 2017

Decision-makers often seek to design policies that support sustainable development. Prospective evaluations of how effectively such policies are likely to meet sustainability goals have nonetheless remained relatively challenging. Evaluating policies against sustainability goals can be facilitated through the inclusive wealth framework, which characterizes development in terms of the value to society of its underlying capital assets, and defines development to be potentially sustainable if that value does not decline over time.