Download or read book Development of a Methodology to Assess the green Impacts of Investment in the Maritime Sector and Projects written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Green Deal is the cornerstone of European Union climate policy. It establishes the clear target of becoming climate neutral by 2050. To reach this ambitious goal, it will require reducing EU's GHG emissions by at least 55% by 2030 compared to 1990 levels and 90% in transport emissions by 2050. This objective is embedded in the Sustainable and Smart Mobility Strategy adopted at the end of 2020. All transport modes including maritime sector will need to contribute to this objective. Shipping is one of the least carbon intensive ways to transport goods. However, it constitutes a significant share of the total global emissions, corresponding to 2.9% of anthropogenic CO2 emissions. To reduce the emissions from maritime transport, the European Commission (EC) aims to propose measures, to work alongside with the on-going work at International Maritime Organisation (IMO) level. Those measures in-clude incorporating the maritime sector into the European Emission Trading System (ETS), the Fuel EU Maritime initiative to boost the demand for sustainable alternative fuels as well as the reviews of the directives on energy taxation, alternative fuel infra-structure, and renewable energy. The achievement of the Green Deal objectives will require significant investments. The Green Deal reaffirms the EC's commitment to pursue green finance and investment while ensuring a just transition. The EU Taxonomy to facilitate sustainable investment plays a pivotal role in shifting capital flows towards sustainable investments. According to the Sustainable and Smart mobility Strategy, the technical screening criteria based on the Taxonomy should be defined for all transport modes by 2021. However, the initial proposal for technical screening criteria for the Taxonomy devel-oped by the Technical Expert Group on sustainable finance (TEG) did not include the maritime sector. While the TEG agreed that the work on maritime criteria should be prioritised, given its potential contribution to the greening of the transport sector, it could not conclude its assessment within the time available. Furthermore, according to the Taxonomy Regulation, all relevant economic activities within a specific sector (e.g. transport) should be covered if they contribute equally towards the environmental objectives, to avoid distorting competition in the market. This study was therefore launched by the Commission to fill the gap in the TEG's initial analysis and assess which economic activities and under which conditions could be considered environ-mentally sustainable in line with the Taxonomy Regulation. The climate mitigation and adaptation criteria for maritime shipping in the Commission 2021 Delegated Regulation supplementing the Taxonomy Regulation are based on the analysis and findings of this study. In addition, a draft final report was submitted in January 2021 to the Platform on Sustainable Finance to assist their further work.

Download or read book Development of a Methodology to Assess the green Impacts of Investment in the Maritime Sector and Projects written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Green Deal is the cornerstone of European Union climate policy. It establishes the clear target of becoming climate neutral by 2050. To reach this ambitious goal, it will require reducing EU's GHG emissions by at least 55% by 2030 compared to 1990 levels and 90% in transport emissions by 2050. This objective is embedded in the Sustainable and Smart Mobility Strategy adopted at the end of 2020. All transport modes including maritime sector will need to contribute to this objective. Shipping is one of the least carbon intensive ways to transport goods. However, it constitutes a significant share of the total global emissions, corresponding to 2.9% of anthropogenic CO2 emissions. To reduce the emissions from maritime transport, the European Commission (EC) aims to propose measures, to work alongside with the on-going work at International Maritime Organisation (IMO) level. Those measures in-clude incorporating the maritime sector into the European Emission Trading System (ETS), the Fuel EU Maritime initiative to boost the demand for sustainable alternative fuels as well as the reviews of the directives on energy taxation, alternative fuel infra-structure, and renewable energy. The achievement of the Green Deal objectives will require significant investments. The Green Deal reaffirms the EC's commitment to pursue green finance and investment while ensuring a just transition. The EU Taxonomy to facilitate sustainable investment plays a pivotal role in shifting capital flows towards sustainable investments. According to the Sustainable and Smart mobility Strategy, the technical screening criteria based on the Taxonomy should be defined for all transport modes by 2021. However, the initial proposal for technical screening criteria for the Taxonomy devel-oped by the Technical Expert Group on sustainable finance (TEG) did not include the maritime sector. While the TEG agreed that the work on maritime criteria should be prioritised, given its potential contribution to the greening of the transport sector, it could not conclude its assessment within the time available. Furthermore, according to the Taxonomy Regulation, all relevant economic activities within a specific sector (e.g. transport) should be covered if they contribute equally towards the environmental objectives, to avoid distorting competition in the market. This study was therefore launched by the Commission to fill the gap in the TEG's initial analysis and assess which economic activities and under which conditions could be considered environ-mentally sustainable in line with the Taxonomy Regulation. The climate mitigation and adaptation criteria for maritime shipping in the Commission 2021 Delegated Regulation supplementing the Taxonomy Regulation are based on the analysis and findings of this study. In addition, a draft final report was submitted in January 2021 to the Platform on Sustainable Finance to assist their further work.

Download or read book A Guide to the World Bank written by World Bank and published by World Bank Publications. This book was released on 2007-06-27 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World Bank Group is a vital source of financial and technical assistance to developing countries around the world. Its focus is on helping the poorest people in the poorest countries by using its financial resources, staff, and extensive experience to aid countries in reducing poverty, increasing economic growth, and improving quality of life. In partnership with more than 100 developing countries, the Bank Group is striving to improve health and education, fight corruption, boost agricultural support, build roadsand ports, and protect the environment. Other projects are aimed at rebuilding war-torn countries or regions, providing basic services such as access to clean water, and encouraging investments that create jobs. In addition to this critical groundwork around the world, various parts of the World Bank Group are involved in activities ranging from conducting economic research and analysis to providing financial and advisory services to governments and private enterprises. This completely revised and updated second edition provides an accessible and straightforward overview of the World Bank Group's history, organization, mission, and purpose. Additionally, for those wishing to delve further into subjects of particular interest, the book guides readers to sources containing more detailed information, including annual reports, Web sites, publications, and e-mail addresses for various departments. It also provides information on how to work for or do business with the World Bank. A good introduction for anyone interested in understanding what the World Bank Group does and how it does it, this book shows readers who want to learn more where to begin.

Download or read book Sustainable Finance Taxonomy for the Aviation Sector written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Steer was appointed by the European Commission to undertake a study to support the development of a methodology to assess the 'green' impacts of investment in the aviation sector and projects. Steer was supported in the study by sub-consultant Kestrel Verifiers. The importance of reducing the environmental impacts of transport is underlined by the European Green Deal, published in 2019, which resets the Commission's commitment to tackling climate and environmental related challenges through an objective for no net emissions by 2050. The need for a significant increase in the level of investment in sustainable infrastructure and economic activities has been recognised and to facilitate private sector investment the European Union intends to put in place mechanisms to identify investments that can be considered as sustainable on a sector by sector basis. Work within the EU led to the enactment of Regulation 2020/852 "on the establishment of a framework to facilitate sustainable investment", also known as the Taxonomy Regulation. The Regulation sets out a number of environmental objectives: - climate change mitigation; - climate change adaptation; - the sustainable use and protection of water and marine resources; - the transition to a circular economy; - pollution prevention and control; and - the protection and restoration of biodiversity and ecosystems. Economic activities can be included in the EU sustainable finance taxonomy if they make a "substantial contribution" to at least one of these environmental objectives (Articles 10 to 15) and "do no significant harm" to the other objectives (Article 17). Enabling economic activities are permitted in the taxonomy on the basis of Article 16. Under Article 23, the Commission is granted the power to develop Delegated Acts (regulations) which will allow it to establish the technical screening criteria under which specific economic activities qualify for the taxonomy.

Download or read book Green Infrastructure Finance written by Aldo Baietti and published by World Bank Publications. This book was released on 2012 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasing concerns over the effects of climate change have heightened the importance of accelerating investments in green growth. The International Energy Agency, for example, estimates that to reduce carbon dioxide emissions by 50 percent by 2050, global investments in the energy sector alone will need to total US$750 billion a year by 2030 and over US$1.6 trillion a year from 2030-2050. Despite global efforts to mobilize required capital flows, the investments still fall far short. Bloomberg New Energy Finance argues that by 2020 investments will be US$150 billion short from the levels required simply to stabilize CO2 emissions. For the East Asia and Pacific region alone, the World Bank study Winds of Change suggests that additional investments of US$80 billion a year over the next two decades are required.Multiple factors affect green investments, often rendering them financially not attractive. Private investment flows, therefore, depend on public sectors interventions and support. As in many countries public sector resources are scarce and spread across many competing commitments, they need to be used judiciously and strategically to leverage sufficient private flows. Many governments, however, still lack a clear comprehensive framework for assessing green investment climate and formulating an efficient mix of measures to accelerate green investments and are unfamiliar with international funding sources that can be tapped. To address this challenge, the World Bank, with support from AusAID, conducts the work on improving the financing opportunities for green infrastructure investments among its client countries. This activity attempts to identify practical ways to value and monetize environmental externalities of investments and improve the promotion and bankability of green projects. This research report, as a key step in this activity, provides a structured compendium of ongoing leading initiatives and activities designed to accelerate private investment flows in green growth. It summarizes current investment challenges of green projects as well as proposed solutions, financing schemes and instruments, and initiatives that have set the stage for promoting green growth. The results of this work are intended to benefit the international community and policymakers who are seeking to deepen their knowledge of green investment environment. In addition, it is hoped that this work will be useful to practitioners, including fund managers and investors, seeking to have a better understanding of current trends, global initiatives, and available funding sources and mechanisms for financing green projects.

Download or read book The Ocean of Tomorrow written by Phoebe Koundouri and published by Springer Nature. This book was released on 2020-12-30 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a response to the climate crisis and its effect on marine ecosystems and coastal populations, this book proposes concrete science driven solutions at establishing transformation pathways towards Sustainable Blue Growth, that are supported by technically and socially innovative innovations. This book proposes investment options and management solutions that have the potential of making our seas and oceans resilient to crises- climate, financial, health- by laying the foundations for a green/blue, circular economy that is anchored in science driven solutions and geared toward public well-being. Now is the time to usher in systemic economic change and the good news is that we have our blueprint: it’s the combination of UN Agenda 2030 (17 SDG) and European Commission’s European Green Deal! There is no doubt that the Earth’s survival will depend on the protection and sustainable management of our seas and oceans and the resources they provide. This is recognized by the Joint Communication on International Ocean Governance, which is an integral part of the EU’s response to the United Nations’ 2030 Agenda for Sustainable Development, and in particular to the targets set out by Sustainable Development Goal 14 (SDG 14) to “conserve and sustainably use the oceans, seas and marine resources”. The analytical framework and science-driven concrete management solutions proposed in this book can accelerate the transition to a sustainable management of our seas and oceans, by turning the current challenges into opportunities for sustainable economic growth which is both environmentally resilient and leaves no one behind.

Download or read book Sustainable Finance Taxonomy for the Aviation Sector written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Steer was appointed by the European Commission to undertake a study to support the development of a methodology to assess the 'green' impacts of investment in the aviation sector and projects. Steer was supported in the study by sub-consultant Kestrel Verifiers. The importance of reducing the environmental impacts of transport is underlined by the European Green Deal, published in 2019, which resets the Commission's commitment to tackling climate and environmental related challenges through an objective for no net emissions by 2050. The need for a significant increase in the level of investment in sustainable infrastructure and economic activities has been recognised and to facilitate private sector investment the European Union intends to put in place mechanisms to identify investments that can be considered as sustainable on a sector by sector basis. Work within the EU led to the enactment of Regulation 2020/852 "on the establishment of a framework to facilitate sustainable investment", also known as the Taxonomy Regulation. The Regulation sets out a number of environmental objectives:  climate change mitigation;  climate change adaptation;  the sustainable use and protection of water and marine resources;  the transition to a circular economy;  pollution prevention and control; and  the protection and restoration of biodiversity and ecosystems. Economic activities can be included in the EU sustainable finance taxonomy if they make a "substantial contribution" to at least one of these environmental objectives (Articles 10 to 15) and "do no significant harm" to the other objectives (Article 17). Enabling economic activities are permitted in the taxonomy on the basis of Article 16. Under Article 23, the Commission is granted the power to develop Delegated Acts (regulations) which will allow it to establish the technical screening criteria under which specific economic activities qualify for the taxonomy.

Download or read book Sustainability Assessment written by Alan James Bond and published by Routledge. This book was released on 2013 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Currently the writing on the subject is limited and comprises, for the most part, guidance documents and completed assessments.

Download or read book Green Finance and Investment Green Infrastructure in the Decade for Delivery Assessing Institutional Investment written by OECD and published by OECD Publishing. This book was released on 2020-10-06 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building green is not only imperative to achieve global climate and development commitments in this “decade for delivery”, but will also be critical to sustain socio-economic development during the COVID-19 recovery. Private investment in particular is needed to bridge the infrastructure investment gap, given institutional investors’ large pools of long-term capital.

Download or read book Maritime Decarbonization written by Mikael Lind and published by Springer Nature. This book was released on 2023-10-20 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume analyses maritime decarbonization from various perspectives. It contains unique approaches and tools in four areas: scenarios, value chains, enablers, and partnerships. Decarbonization has become a very important focus in the maritime industry. Anyone that delves into the topic quickly appreciates its breadth and complexity. Minimizing greenhouse gases (GHG) emissions in maritime practices at large and doing it swiftly is far from simple. The Paris 2015 climate goals and the IMO ambitions may be the industry’s guiding lights. But is this enough? Probably not. At the managerial level a paradigm shift is needed: from a fixed mindset that is calling for compensation to a growth mindset that seeks to capture the benefits of decarbonization. This will require a structured approach in the form of practical frameworks and clear recommendations. In this book 75 scholars and industry and subject matter experts have joined forces to explore different scenarios, value chain designs, decarbonization enablers, and partnership models to develop frameworks and recommendations around how to effectively work and make progress. The books offers a valuable mix of theory, practical tools, and real-life cases.

Download or read book Digitalisation Opportunities and Challenges for Business written by Bahaaeddin Alareeni and published by Springer Nature. This book was released on 2023-03-27 with total page 899 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the implications of technology, entrepreneurship, and business ‎‎development gadgets ‎for applications in societies. In this book proceedings, we attempt to address the importance and impact of digitalization and ‎on business development in the context ‎of economic ‎diversity, that is through various propositions of ‎modern technology and entrepreneurial ‎actions, and through the lens of case studies, experiments, empirical ‎assessments, just to name a ‎few research methodological stances and approaches.‎ This book highlights a range of topics in the fields of technology, ‎entrepreneurship, business administration, accounting, and economics that can contribute to business ‎development in developing countries, such as learning machines, artificial intelligence, big data, ‎deep ‎‎learning, game-based learning, management information system, ‎accounting information ‎system, knowledge management, entrepreneurship and social enterprise, corporate social responsibility and sustainability, business policy and strategic management, international management and organizations, organizational behavior and HRM, operations management and logistics research, controversial issues in management and organizations, turnaround, corporate entrepreneurship, and innovation, legal issues, business ethics, and firm governance, and firm financial affairs, non-traditional research, and creative methodologies. This book is ideal for academicians, activists, curriculum ‎developers, researchers, professionals, administrators, and policymakers. The readers of this book could gain an up-to-date know-how on state-of-the-modern technology, entrepreneurship, and business development and achievements in this regard from the research standpoint of view.

Download or read book Proceedings of the 27th International Symposium on Advancement of Construction Management and Real Estate written by Jing Li and published by Springer Nature. This book was released on 2023-08-07 with total page 1833 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the proceedings of CRIOCM 2022 (27th International Conference on Advancement of Construction Management and Real Estate), sharing the latest developments in real estate and construction management around the globe. The conference was organized by the Chinese Research Institute of Construction Management (CRIOCM) working in close collaboration with The Chinese University of Hong Kong. Written by international academics and professionals, the book discusses the latest achievements, research findings, and advances in frontier disciplines in the field of construction management and real estate. Covering a wide range of topics, including spatial planning and land use innovation, integration and application of BIM and GIS, low-carbon built environment, post-pandemic resilient cities development, housing and social governance, real estate market and urban policy, real estate finance and economics, intelligent construction and smart city, built environment for healthy living, and construction management in the post-COVID-19 era, the discussions provide valuable insights into the implementation of advanced construction project management and real estate market in China and abroad. The book offers an outstanding resource for academics and professionals

Download or read book OECD Green Growth Studies Greener Skills and Jobs written by OECD and published by OECD Publishing. This book was released on 2014-02-13 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report suggests that the role of skills and education and training policies should be an important component of the ecological transformation process.

Download or read book Environmental Impact Assessment and Strategic Environmental Assessment written by Hussein Abaza and published by UNEP/Earthprint. This book was released on 2004 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main objective of this volume is to provide information and guidance on EIA and SEA good practice with particular application to developing countries and countries in transition to market economies. It is intended to support local practitioners in the design and implementation of appropriate country specific EIA and SEA arrangements and in addressing emerging demands for a more integrated approach to decision-making in support of sustainable development.

Download or read book Building Industries at Sea Blue Growth and the New Maritime Economy written by Kate Johnson and published by CRC Press. This book was released on 2022-09-01 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the world there is evidence of mounting interest in marine resources and new maritime industries to create jobs, economic growth and to help in the provision of energy and food security. Expanding populations, insecurity of traditional sources of supply and the effects of climate change add urgency to a perceived need to address and overcome the serious challenges of working in the maritime environment. Four promising areas of activity for ‘Blue Growth’ have been identified at European Union policy level including Aquaculture; Renewable Energy (offshore wind, wave and tide); Seabed Mining; and Blue Biotechnology. Work has started to raise the technological and investment readiness levels (TRLs and IRLs) of these prospective industries drawing on the experience of established maritime industries such as Offshore Oil and Gas; Shipping; Fisheries and Tourism. An accord has to be struck between policy makers and regulators on the one hand, anxious to direct research and business incentives in effective and efficient directions, and developers, investors and businesses on the other, anxious to reduce the risks of such potentially profitable but innovative investments.The EU H2020 MARIBE (Marine Investment for the Blue Economy) funded project was designed to identify the key technical and non-technical challenges facing maritime industries and to place them into the social and economic context of the coastal and ocean economy. MARIBE went on to examine with companies, real projects for the combination of marine industry sectors into multi-use platforms (MUPs). The purpose of this book is to publish the detailed analysis of each prospective and established maritime business sector. Sector experts working to a common template explain what these industries are, how they work, their prospects to create wealth and employment, and where they currently stand in terms of innovation, trends and their lifecycle. The book goes on to describe progress with the changing regulatory and planning regimes in the European Sea Basins including the Caribbean where there are significant European interests. The book includes:• Experienced chapter authors from a truly multidisciplinary team of sector specialisms• First extensive study to compare and contrast traditional Blue Economy with Blue Growth• Complementary to EU and National policies for multi-use of maritime space

Download or read book Sustainability Appraisal written by Barry Dalal-Clayton and published by Routledge. This book was released on 2014-03-26 with total page 853 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainability Appraisal is a sourcebook of the state-of-the-art of this rapidly emerging and diversifying area. It draws on a wealth of international experiences and approaches to illustrate the status and scope of Sustainability Appraisal/Assessment (SA) This comprehensive guide highlights how SA can be used to analyse and integrate the key environmental, social and economic pillars of sustainability into decision-making at all levels, from policy to project to investment, by government, business and industry, or international organizations. Distilling both published and unpublished materials, and with contributions from a range of leading experts, organizations and agencies, this book will be of significant value to professionals everywhere who are in need of a solid, reference guide to what constitutes SA practice and, more importantly, how and when it can be applied.

Download or read book Developing Property Sustainably written by Sara J. Wilkinson and published by Routledge. This book was released on 2015-06-05 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing Property Sustainably introduces readers to the key issues surrounding sustainable property development in the global marketplace. Pulling together received wisdom and original research, the authors provide a clear and practical overview of the sustainable property development process as well as a critical appraisal of the problems faced by global built environment stakeholders. Throughout, the authors demonstrate how the property development industry could and should respond better to debate on sustainable practices in the built environment by adopting more rigorous measurement techniques and sustainable approaches. Starting by exploring key definitions and stakeholders, the book goes on to explore finance, planning, construction, procurement, occupation, retrofit and lifecycle sustainability in order to provide the reader with a detailed understanding of all the issues involved in the delivery of sustainable property development from inception to occupation and beyond. Throughout the book, international case studies are used to demonstrate how sustainable property development is applied in practice around the world. With a logical chapter structure and accessible writing style, Developing Property Sustainably would be perfect for use on undergraduate and postgraduate modules and courses in real estate development, property and urban development and other built environment programmes.