IDEAS home Printed from https://ideas.repec.org/a/spr/sorede/v30y2019i2d10.1134_s1075700719020163.html
   My bibliography  Save this article

The Low-Carbon Development Paradigm and Climate Change Risk Reduction Strategy for the Economy

Author

Listed:
  • B. N. Porfiriev

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

— The low-carbon economic paradigm is critically analyzed as to stabilizing the climate situation (not to exceed the 2°С growth of the global air temperature until the end of the 21st century) and improving the quality of life and sustainable economic growth. Climate change is emphasized as being just a part of the total risk for human life and health and economic growth, which is proved by the set of goals of sustainable development adopted by the world community. Hence, a solution of the problem of climate change is necessary—in the long and and distant future—but insufficient condition to minimize the risk for the quality of human life, primarily health, and sustainable economic growth. It is agrued that an efficient action strategy to reduce climate risks for socioeconomic development must target not finding the ways to reduce greenhouse gas emissions but rather development and implementation of a set of measures to ensure the basic goals of sustainable development. In addition, priority must be given to the reduction of emissions of hazardous substances, as well as to planning and implementing measures of the communitiesэ and economy adaptation to climate change with adaptation remaining a key component of the climate risk reduction policy. A case study of China—the global leader in low-carbon energy development race—proves that the strategic policy priority is not climatic but environmental and economic issues as well as (in case of nuclear power plants) military-strategic motivation.

Suggested Citation

  • B. N. Porfiriev, 2019. "The Low-Carbon Development Paradigm and Climate Change Risk Reduction Strategy for the Economy," Studies on Russian Economic Development, Springer, vol. 30(2), pages 111-118, March.
  • Handle: RePEc:spr:sorede:v:30:y:2019:i:2:d:10.1134_s1075700719020163
    DOI: 10.1134/S1075700719020163
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1134/S1075700719020163
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1134/S1075700719020163?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
    2. Sinn, Hans-Werner, 2012. "The Green Paradox: A Supply-Side Approach to Global Warming," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262016680, April.
    3. Rozenberg, Julie & Vogt-Schilb, Adrien & Hallegatte, Stephane, 2014. "Transition to clean capital, irreversible investment and stranded assets," Policy Research Working Paper Series 6859, The World Bank.
    4. World Bank & Institute for Health Metrics and Evaluation, 2016. "The Cost of Air Pollution," World Bank Publications - Reports 25013, The World Bank Group.
    5. Skovgaard,Jakob & van Asselt,Harro (ed.), 2018. "The Politics of Fossil Fuel Subsidies and their Reform," Cambridge Books, Cambridge University Press, number 9781108416795.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jiaying Peng & Yuhang Zheng & Ke Mao, 2021. "Heterogeneous Impacts of Extreme Climate Risks on Global Energy Consumption Transition: An International Comparative Study," Energies, MDPI, vol. 14(14), pages 1-18, July.
    2. Igor A. Yakovlev & Lyudmila S. Kabir & Svetlana I. Nikulina, 2020. "Climate Policy of the Russian Federation: International Cooperation and National Approach," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 4, pages 26-36, August.
    3. S. N. Alpysbaeva & Sh. Zh. Shuneev & A. A. Bakdolotov & K. S. Beisengazin & E. I. Tautenov & N. N. Zhanakova, 2022. "Forecast of the Long-Term Trajectory of the Potential GDP of Kazakhstan in the Context of the Global Energy Transition," Studies on Russian Economic Development, Springer, vol. 33(5), pages 561-570, October.
    4. B. N. Porfiryev, 2019. "Effective Action Strategy to Cope with Climate Change and Its Impact on Russia’s Economy," Studies on Russian Economic Development, Springer, vol. 30(3), pages 235-244, May.
    5. B. N. Porfiryev & A. A. Shirov & M. N. Uzyakov & M. S. Gusev & I. N. Shokin, 2020. "The Main Directions of Socio-Economic Development of Russia in 2020–2024 and for the Period up to 2035," Studies on Russian Economic Development, Springer, vol. 31(3), pages 245-253, May.
    6. S. V. Chepel’, 2022. "Investment, Technological, and Social Aspects in Modeling the Transition to Low-Carbon Development: The Case of Uzbekistan," Studies on Russian Economic Development, Springer, vol. 33(5), pages 571-581, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fankhauser, Samuel & Jotzo, Frank, 2017. "Economic growth and development with low-carbon energy," LSE Research Online Documents on Economics 86850, London School of Economics and Political Science, LSE Library.
    2. Jorge A. Bonilla & Claudia Aravena & Ricardo Morales-Betancourt, 2021. "Assessing Multiple Inequalities and Air Pollution Abatement Policies," Documentos CEDE 19465, Universidad de los Andes, Facultad de Economía, CEDE.
    3. Kemp-Benedict, Eric, 2018. "Investing in a Green Transition," Ecological Economics, Elsevier, vol. 153(C), pages 218-236.
    4. Paulina Schiappacasse & Bernhard Müller & Le Thuy Linh, 2019. "Towards Responsible Aggregate Mining in Vietnam," Resources, MDPI, vol. 8(3), pages 1-15, August.
    5. Pina Puntillo, 2023. "Circular economy business models: Towards achieving sustainable development goals in the waste management sector—Empirical evidence and theoretical implications," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 941-954, March.
    6. Schlör, Holger & Venghaus, Sandra & Hake, Jürgen-Friedrich, 2018. "The FEW-Nexus city index – Measuring urban resilience," Applied Energy, Elsevier, vol. 210(C), pages 382-392.
    7. Jean-Louis Combes & Alexandru Minea & Pegdéwendé Nestor Sawadogo, 2019. "Assessing the effects of combating illicit financial flows on domestic tax revenue mobilization in developing countries," CERDI Working papers halshs-02019073, HAL.
    8. Nelson, Ewan & Warren, Peter, 2020. "UK transport decoupling: On track for clean growth in transport?," Transport Policy, Elsevier, vol. 90(C), pages 39-51.
    9. McCulloch, Neil & Natalini, Davide & Hossain, Naomi & Justino, Patricia, 2022. "An exploration of the association between fuel subsidies and fuel riots," World Development, Elsevier, vol. 157(C).
    10. Ibrahim Ari & Muammer Koc, 2018. "Sustainable Financing for Sustainable Development: Understanding the Interrelations between Public Investment and Sovereign Debt," Sustainability, MDPI, vol. 10(11), pages 1-25, October.
    11. R. Ebrahimi & S. Choobchian & H. Farhadian & I. Goli & E. Farmandeh & H. Azadi, 2022. "Investigating the effect of vocational education and training on rural women’s empowerment," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-11, December.
    12. Lamperti, Francesco & Bosetti, Valentina & Roventini, Andrea & Tavoni, Massimo & Treibich, Tania, 2021. "Three green financial policies to address climate risks," Journal of Financial Stability, Elsevier, vol. 54(C).
    13. Benjamin Nölting & Bettina König & Anne B. Zimmermann & Antonietta Di Giulio & Martina Schäfer & Flurina Schneider, 2022. "Dealing with the COVID-19 pandemic: an opportunity to reflect on sustainability research," Sustainability Nexus Forum, Springer, vol. 30(1), pages 11-27, December.
    14. Rashmi Jaipal, 2017. "Psychology at the Crossroads," Psychology and Developing Societies, , vol. 29(2), pages 125-159, September.
    15. Bárbara Galleli & Elder Semprebon & Joyce Aparecida Ramos dos Santos & Noah Emanuel Brito Teles & Mateus Santos de Freitas-Martins & Raquel Teodoro da Silva Onevetch, 2021. "Institutional Pressures, Sustainable Development Goals and COVID-19: How Are Organisations Engaging?," Sustainability, MDPI, vol. 13(21), pages 1-21, November.
    16. Sagarika Dey & Priyanka Devi, 2019. "Impact of TVET on Labour Market Outcomes and Women’s Empowerment in Rural Areas: A Case Study from Cachar District, Assam," Indian Journal of Human Development, , vol. 13(3), pages 357-371, December.
    17. Rostami-Tabar, Bahman & Ali, Mohammad M. & Hong, Tao & Hyndman, Rob J. & Porter, Michael D. & Syntetos, Aris, 2022. "Forecasting for social good," International Journal of Forecasting, Elsevier, vol. 38(3), pages 1245-1257.
    18. Maria Sassi, 2020. "A SEM Approach to the Direct and Indirect Links between WaSH Services and Access to Food in Countries in Protracted Crises: The Case of Western Bahr-el-Ghazal State, South Sudan," Sustainability, MDPI, vol. 12(22), pages 1-13, November.
    19. Seebacher, Moritz, 2023. "Pathways to progress: The complementarity of bicycles and road infrastructure for girls’ education," Economics of Education Review, Elsevier, vol. 97(C).
    20. Christina Tsouti & Christina Papadaskalopoulou & Angeliki Konsta & Panagiotis Andrikopoulos & Margarita Panagiotopoulou & Sofia Papadaki & Christos Boukouvalas & Magdalini Krokida & Katerina Valta, 2023. "Investigating the Environmental Benefits of Novel Films for the Packaging of Fresh Tomatoes Enriched with Antimicrobial and Antioxidant Compounds through Life Cycle Assessment," Sustainability, MDPI, vol. 15(10), pages 1-22, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sorede:v:30:y:2019:i:2:d:10.1134_s1075700719020163. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.