The concept of the Sustainable Future was generated in global dialogues; more recently, it has started to transfer to policy making. The paper seeks to discuss how foresight is used to understand the implications of global changes, focusing on the role of green economy strategies in fostering societal, economic progress and environmental conservation. In particular, the use of green economy indicators is reviewed, focusing on the measuring frameworks proposed by different organizations. Finally, an integrated approach is proposed to carry out a systemic and cross-sectoral assessment of key policy instruments aimed at facilitating the transition to a more sustainable future.
This report maps existing and emerging carbon pricing initiatives around the world. It does not provide a quantitative, transaction-based analysis of the international carbon market since current market conditions invalidate any attempt to undertake such an analysis. The development of national and subnational carbon pricing initiatives in an increasing number of countries calls for a different focus. The uncertainty surrounding the existing carbon markets in the last years has prevented valuable resources to be channeled to low-carbon investments, particularly from the private sector. Following the economic downturn and slow economic recovery in major economies, industrial output plummeted and the demand for carbon assets used for compliance fell. With limited support, prices reached historical lows. At the same time, several national and sub-national carbon pricing initiatives are emerging. It is not surprising that several of these new carbon pricing initiatives also include design features to prevent similar developments in the future, including mechanisms to stabilize the carbon price.
The Fifth Assessment Report from the Intergovernmental Panel on Climate Change is the most up-to-date, comprehensive and relevant analysis of our changing climate. Urban centres account for more than half of the world's population, most of its economic activity and the majority of energy-related emissions. This briefing explores the roles cities will play in the fight against climate change.
Public policy sets the rules of the game. Public policy critically affects the ability of long-term investors to generate sustainable returns and create value. Public policy also affects the sustainability and stability of financial markets, as well as social, environmental and economic systems.
Policy engagement by long-term investors is, therefore, a natural and necessary extension of an investor’s responsibilities and fiduciary duties to the interests of beneficiaries.
The importance of public policy for long-term investors has grown in recent years, due to factors such as legislative reform of the financial sector in the wake of the global financial crisis, governmental need for investors as a source of long-term finance, and the increasing impact of environmental, social and governance factors on the ability of investors to deliver long-term returns.
This report was produced by the Working Group on biofuels of the International Panel for Sustainable Resource Managemet. It provides an overview of the key problems and perspectives toward sustainable production and use of biofuels. It is based on an extensive literature study, taking into account recent major reviews. The focus is on so-called first generation biofuels while considering further lines of development.