Pub Date : 2023-12-13DOI: 10.47852/bonviewglce32021120
Don Charles
This study seeks to investigate how distributed ledger technology can be applied to the green bond market. Second, this study examines how green bonds can finance the suck cost of decarbonizing the ammonia industry. Third, this study seeks to forecast the spot price of ammonia. This forecast is relevant since the bond’s coupon should be indexed and linked to the price of ammonia. The proposed tokenized indexed-green bond is a new idea that leverages the technologies of distributed ledgers, indexation, and green bonds. No study to current date has undertaken such research that integrates these technologies to fund the decarbonization of the ammonia industry. Data was collected on the spot price of ammonia from the Central Bank of Trinidad and Tobago online database at the monthly frequency over the January 1991 to June 2023 period. The applied forecasting methodology was a hybrid framework combining Particle Swarm Optimization and Support Vector Regression. This study found that an out-of-sample forecast for ammonia prices would be US$438.89/ton in the 1st quarter, US$289.99/ton by the 2nd quarter, US$448.30/ton by the 3rd quarter, and US$331.57/ton by the 4th quarter. The decarbonization of the ammonia industry is technically possible. Economically, it would involve leveraging several technologies such as green bond financing, tokenization, and indexation.
{"title":"Tokenized Indexed-Green Bonds: Funding the Decarbonisation of Ammonia Production","authors":"Don Charles","doi":"10.47852/bonviewglce32021120","DOIUrl":"https://doi.org/10.47852/bonviewglce32021120","url":null,"abstract":"This study seeks to investigate how distributed ledger technology can be applied to the green bond market. Second, this study examines how green bonds can finance the suck cost of decarbonizing the ammonia industry. Third, this study seeks to forecast the spot price of ammonia. This forecast is relevant since the bond’s coupon should be indexed and linked to the price of ammonia. The proposed tokenized indexed-green bond is a new idea that leverages the technologies of distributed ledgers, indexation, and green bonds. No study to current date has undertaken such research that integrates these technologies to fund the decarbonization of the ammonia industry. Data was collected on the spot price of ammonia from the Central Bank of Trinidad and Tobago online database at the monthly frequency over the January 1991 to June 2023 period. The applied forecasting methodology was a hybrid framework combining Particle Swarm Optimization and Support Vector Regression. This study found that an out-of-sample forecast for ammonia prices would be US$438.89/ton in the 1st quarter, US$289.99/ton by the 2nd quarter, US$448.30/ton by the 3rd quarter, and US$331.57/ton by the 4th quarter. The decarbonization of the ammonia industry is technically possible. Economically, it would involve leveraging several technologies such as green bond financing, tokenization, and indexation.","PeriodicalId":489841,"journal":{"name":"Green and Low-Carbon Economy","volume":"29 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138976490","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.47852/bonviewglce32021714
Prakash Saravanan, Antara Chatterjee, Gourav Dhar Bhowmick
The imperative to replace fossil fuels with renewable fuels, such as marine ecosystem-derived fuel and food, has spurred the development of a blue carbon economic model. Seaweed emerges as a pivotal element in this framework, demonstrating potential as a substantial carbon sink. Seaweed serves multiple purposes, encompassing climate change adaptation and mitigation and contributing to advancing a bioeconomy by reducing dependence on fossil fuels. Seaweed also holds promise as a source of human food, cattle feed, biofuels, renewable feedstocks, and other versatile applications. Numerous contemporary scientific publications, reputable organizations, and business resources offer illuminating insights and fresh perspectives on how seaweed can effectively contribute to the growing blue carbon economy, providing innovative tools for combating long-term climate change. This comprehensive review delves into the multifaceted potential of seaweed, concentrating on its contributions to carbon sequestration, its role as a blue carbon precursor, and the carbon-neutralization capabilities of both wild seaweeds and seaweed farming. Moreover, it explores the specific role of seaweed in the blue carbon economy, mainly as cattle feed in ruminant diets. In addition, seaweed cultivation has the potential to mitigate global climate change, promote economic development, and support sustainable livelihoods, offering a versatile solution to address pressing environmental and socioeconomic challenges.
{"title":"Diverse Roles of Seaweed in the Blue Carbon Economy and Sustainable Development: A Comprehensive Review","authors":"Prakash Saravanan, Antara Chatterjee, Gourav Dhar Bhowmick","doi":"10.47852/bonviewglce32021714","DOIUrl":"https://doi.org/10.47852/bonviewglce32021714","url":null,"abstract":"The imperative to replace fossil fuels with renewable fuels, such as marine ecosystem-derived fuel and food, has spurred the development of a blue carbon economic model. Seaweed emerges as a pivotal element in this framework, demonstrating potential as a substantial carbon sink. Seaweed serves multiple purposes, encompassing climate change adaptation and mitigation and contributing to advancing a bioeconomy by reducing dependence on fossil fuels. Seaweed also holds promise as a source of human food, cattle feed, biofuels, renewable feedstocks, and other versatile applications. Numerous contemporary scientific publications, reputable organizations, and business resources offer illuminating insights and fresh perspectives on how seaweed can effectively contribute to the growing blue carbon economy, providing innovative tools for combating long-term climate change. This comprehensive review delves into the multifaceted potential of seaweed, concentrating on its contributions to carbon sequestration, its role as a blue carbon precursor, and the carbon-neutralization capabilities of both wild seaweeds and seaweed farming. Moreover, it explores the specific role of seaweed in the blue carbon economy, mainly as cattle feed in ruminant diets. In addition, seaweed cultivation has the potential to mitigate global climate change, promote economic development, and support sustainable livelihoods, offering a versatile solution to address pressing environmental and socioeconomic challenges.","PeriodicalId":489841,"journal":{"name":"Green and Low-Carbon Economy","volume":"30 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139009971","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-14DOI: 10.47852/bonviewglce32021510
Deheng Xiao, Jianlong Wang, Weilong Wang
China's economy has shifted from high-speed growth to high-quality development, and the constraints of high consumption, high pollution, and low efficiency in urban land use on sustainable urban economic development have gradually emerged. In the process of urban land resources development, it is urgent to get rid of the traditional “sloppy” utilization method and shift to the green utilization of urban land with low consumption, low pollution, and high efficiency, which can adapt to the requirements of economic and social development in the new era. Based on this, this paper investigates the effect of environmental regulations (ER) on urban land green use efficiency (ULGUE) by using SBM model, two-way stationary panel regression and threshold regression model. The results show that: (1) The connection between ER and ULGUE is strongly U-shaped. (2) Within the bounds of land use structure optimization effect, technology innovation effect, industrial structure optimization and upgrading effect, ER significantly impacts ULGUE. Still, its threshold impact coefficient has a gradient-decreasing characteristic. (3) In the heterogeneity analysis, the effect of ER on ULGUE is more evident in eastern cities, low-pollution cities, Type II, and large cities of Type I scale. Hence, in order to maximize the effectiveness of land use, it is essential to understand the environmental restrictions that cover a realistic spectrum, play the interactive and synergistic role of "combination box", and adjust the intensity of dominant environmental regulations dynamically and flexibly according to the time and place.
{"title":"Environmental Regulation and Urban Land Green Use Efficiency: China as Case Study","authors":"Deheng Xiao, Jianlong Wang, Weilong Wang","doi":"10.47852/bonviewglce32021510","DOIUrl":"https://doi.org/10.47852/bonviewglce32021510","url":null,"abstract":"China's economy has shifted from high-speed growth to high-quality development, and the constraints of high consumption, high pollution, and low efficiency in urban land use on sustainable urban economic development have gradually emerged. In the process of urban land resources development, it is urgent to get rid of the traditional “sloppy” utilization method and shift to the green utilization of urban land with low consumption, low pollution, and high efficiency, which can adapt to the requirements of economic and social development in the new era. Based on this, this paper investigates the effect of environmental regulations (ER) on urban land green use efficiency (ULGUE) by using SBM model, two-way stationary panel regression and threshold regression model. The results show that: (1) The connection between ER and ULGUE is strongly U-shaped. (2) Within the bounds of land use structure optimization effect, technology innovation effect, industrial structure optimization and upgrading effect, ER significantly impacts ULGUE. Still, its threshold impact coefficient has a gradient-decreasing characteristic. (3) In the heterogeneity analysis, the effect of ER on ULGUE is more evident in eastern cities, low-pollution cities, Type II, and large cities of Type I scale. Hence, in order to maximize the effectiveness of land use, it is essential to understand the environmental restrictions that cover a realistic spectrum, play the interactive and synergistic role of \"combination box\", and adjust the intensity of dominant environmental regulations dynamically and flexibly according to the time and place.","PeriodicalId":489841,"journal":{"name":"Green and Low-Carbon Economy","volume":"82 18","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134901130","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-24DOI: 10.47852/bonviewglce32021338
Oluwaseun J. Oguntuase, Oluwatosin B. Adu, Oluwafemi S. Obayori
This study examines the influence of consumers’ subjective knowledge; environmental attitude perceived usefulness and socio-demographics on their intentions to accept biobased products as an alternative to fossil based products. The study employs a five-point Likert scale questionnaire-based survey (N=465) conducted in Lagos, Nigeria in the year 2022. Both descriptive statistics and Structural Equation Modeling (SEM) are employed in fulfilling the study objectives. Acceptance of biobased products is influenced by individual-level psychological and socio-demographic factors. The strong positive relationship between perceived usefulness and intention to accept biobased products is in agreement with technological innovation acceptance studies. The findings are interpreted relative to industry and societal implications including the need to make individual oriented strategies the centerpiece of bioeconomy policies and promotional campaigns in order to enhance acceptance of biobased products.
{"title":"Predicting Acceptance of Biobased Products Based on Subjective Knowledge, Environmental Attitude, Perceived Usefulness and Socio-Demographic Characteristics","authors":"Oluwaseun J. Oguntuase, Oluwatosin B. Adu, Oluwafemi S. Obayori","doi":"10.47852/bonviewglce32021338","DOIUrl":"https://doi.org/10.47852/bonviewglce32021338","url":null,"abstract":"This study examines the influence of consumers’ subjective knowledge; environmental attitude perceived usefulness and socio-demographics on their intentions to accept biobased products as an alternative to fossil based products. The study employs a five-point Likert scale questionnaire-based survey (N=465) conducted in Lagos, Nigeria in the year 2022. Both descriptive statistics and Structural Equation Modeling (SEM) are employed in fulfilling the study objectives. Acceptance of biobased products is influenced by individual-level psychological and socio-demographic factors. The strong positive relationship between perceived usefulness and intention to accept biobased products is in agreement with technological innovation acceptance studies. The findings are interpreted relative to industry and societal implications including the need to make individual oriented strategies the centerpiece of bioeconomy policies and promotional campaigns in order to enhance acceptance of biobased products.","PeriodicalId":489841,"journal":{"name":"Green and Low-Carbon Economy","volume":"11 6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135220077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-23DOI: 10.47852/bonviewglce32021242
Arpita Ghosh
Regional variances in climate, soil, and topography make agricultural production systems particularly fragile. Animal health are negatively impacted by variations in air temperature, precipitation, frequency, and intensity of extreme weather events. For its assessment and administration, cutting-edge methods like remote sensing (RS), global positioning systems, and geographic information systems (GIS) might be very beneficial. The RM & GIS are essential tools with numerous applications for tackling these problems. The impact of climatic and human-induced changes on the environment is receiving more attention as a result of climate change. Due to climate change and human activity, "desertification" describes the degradation of land in arid, semiarid, and dry sub-humid regions. Natural resource sustainability in changing climates can be obtained with the application of RS and GIS. In this review article, the issues towards wildlife were demonstrated and the application of remote sensing was discussed to reduce the impact of climate change to save the wildlife and its preservation. Further, the bibliometric analysis was conducted via R-studio Bibliometric tool, which entailed that developed countries (USA, Canada, Germany) are more forward to applying remote sensing tool to mitigate climate risks.
{"title":"Applications of Remote Sensing as Climate Resilience Technique: A Bibliometric Research Trends","authors":"Arpita Ghosh","doi":"10.47852/bonviewglce32021242","DOIUrl":"https://doi.org/10.47852/bonviewglce32021242","url":null,"abstract":"Regional variances in climate, soil, and topography make agricultural production systems particularly fragile. Animal health are negatively impacted by variations in air temperature, precipitation, frequency, and intensity of extreme weather events. For its assessment and administration, cutting-edge methods like remote sensing (RS), global positioning systems, and geographic information systems (GIS) might be very beneficial. The RM & GIS are essential tools with numerous applications for tackling these problems. The impact of climatic and human-induced changes on the environment is receiving more attention as a result of climate change. Due to climate change and human activity, \"desertification\" describes the degradation of land in arid, semiarid, and dry sub-humid regions. Natural resource sustainability in changing climates can be obtained with the application of RS and GIS. In this review article, the issues towards wildlife were demonstrated and the application of remote sensing was discussed to reduce the impact of climate change to save the wildlife and its preservation. Further, the bibliometric analysis was conducted via R-studio Bibliometric tool, which entailed that developed countries (USA, Canada, Germany) are more forward to applying remote sensing tool to mitigate climate risks.","PeriodicalId":489841,"journal":{"name":"Green and Low-Carbon Economy","volume":"45 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135406035","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-20DOI: 10.47852/bonviewglce32021320
Muhammad Arshad
Though frequent availability of energy is vital for economic growth, using any energy source can have a certain degree of impact on the environment. Pakistan is facing the worst power crisis nowadays. The government of Pakistan has been focused to find energy solutions in fossil fuels. As the world moves towards a clean sustainable direction, coal sources, are cheap at the moment, and new coal-based power plants can be put up quickly with a predictable output, but with the degradation of the environment, Pakistan can utilize sustainable energy resources such as biomass, solar energy, hydropower, and wind power; which are frequently available in Pakistan and can generate environment-friendly power above 40,000 MW. It is necessary to consider these sustainable energy resources, as their prices have been dipping dramatically and it is now cheaper to build new commercial plants based on improved technologies able to generate more electricity. The present paper discusses the insight environment-friendly sustainable energy options available in Pakistan other than coal-fired plants to overcome future energy demand.
{"title":"Sustainability of Renewable Energy Options as Compared to Coal-Fired Power Plants in Pakistan","authors":"Muhammad Arshad","doi":"10.47852/bonviewglce32021320","DOIUrl":"https://doi.org/10.47852/bonviewglce32021320","url":null,"abstract":"Though frequent availability of energy is vital for economic growth, using any energy source can have a certain degree of impact on the environment. Pakistan is facing the worst power crisis nowadays. The government of Pakistan has been focused to find energy solutions in fossil fuels. As the world moves towards a clean sustainable direction, coal sources, are cheap at the moment, and new coal-based power plants can be put up quickly with a predictable output, but with the degradation of the environment, Pakistan can utilize sustainable energy resources such as biomass, solar energy, hydropower, and wind power; which are frequently available in Pakistan and can generate environment-friendly power above 40,000 MW. It is necessary to consider these sustainable energy resources, as their prices have been dipping dramatically and it is now cheaper to build new commercial plants based on improved technologies able to generate more electricity. The present paper discusses the insight environment-friendly sustainable energy options available in Pakistan other than coal-fired plants to overcome future energy demand.","PeriodicalId":489841,"journal":{"name":"Green and Low-Carbon Economy","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135616708","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-20DOI: 10.47852/bonviewglce32021262
Asheer Rahman, Varsha Varghese
This paper explores the possibility of Japan adopting the Non-Financial Capital and Equity Spread Synchronization Model, also known as the Yanagi Model, to build an ESG-friendly economy. The Yanagi Model focuses on incorporating non-financial elements, such as environmental, social, and governance factors, into companies' traditional financial performance measures. By doing so, the model aims to enhance firms' long-term sustainability and value creation. The paper assesses the potential benefits and challenges of implementing the Yanagi Model in the Japanese context through a review of relevant literature and case studies. The literature suggests that integrating ESG factors can lead to improved financial performance, reduced risk, and increased reputation for companies. However, there are also concerns about the lack of standardization and transparency in ESG data, as well as the potential for greenwashing or superficial adoption of ESG practices. Despite these challenges, the paper argues that the Yanagi Model could serve as a viable path for Japan to build an ESG-friendly economy, given the country’s recent push for sustainability and the growing demand for socially responsible investments. The paper suggests several recommendations for improving the model, such as increasing transparency and standardization in ESG data, enhancing stakeholder engagement, and promoting a culture of long-term value creation. Overall, the paper concludes that while there are challenges to adopting the Yanagi Model, its potential benefits for building a sustainable and ESG-friendly economy in Japan make it a worthwhile pursuit.
{"title":"Non-Financial Capital Value Creation: Assessing Japan's Path to an ESG-Friendly Economy through the Yanagi Model","authors":"Asheer Rahman, Varsha Varghese","doi":"10.47852/bonviewglce32021262","DOIUrl":"https://doi.org/10.47852/bonviewglce32021262","url":null,"abstract":"This paper explores the possibility of Japan adopting the Non-Financial Capital and Equity Spread Synchronization Model, also known as the Yanagi Model, to build an ESG-friendly economy. The Yanagi Model focuses on incorporating non-financial elements, such as environmental, social, and governance factors, into companies' traditional financial performance measures. By doing so, the model aims to enhance firms' long-term sustainability and value creation. The paper assesses the potential benefits and challenges of implementing the Yanagi Model in the Japanese context through a review of relevant literature and case studies. The literature suggests that integrating ESG factors can lead to improved financial performance, reduced risk, and increased reputation for companies. However, there are also concerns about the lack of standardization and transparency in ESG data, as well as the potential for greenwashing or superficial adoption of ESG practices. Despite these challenges, the paper argues that the Yanagi Model could serve as a viable path for Japan to build an ESG-friendly economy, given the country’s recent push for sustainability and the growing demand for socially responsible investments. The paper suggests several recommendations for improving the model, such as increasing transparency and standardization in ESG data, enhancing stakeholder engagement, and promoting a culture of long-term value creation. Overall, the paper concludes that while there are challenges to adopting the Yanagi Model, its potential benefits for building a sustainable and ESG-friendly economy in Japan make it a worthwhile pursuit.","PeriodicalId":489841,"journal":{"name":"Green and Low-Carbon Economy","volume":"79 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135616737","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-18DOI: 10.47852/bonviewglce32021448
Ali Asghar Anvary Rostamy, Ali Rajabzadeh Ghatari
Sustainability involves balancing the environment, equity, and economy, with a focus on the green or low-carbon economy. Four strategic targets for a green economy encompass green management, green production, green lifestyle, and green technologies. Adopting a green economy poses challenges for companies, necessitating innovative systems like green supply chain management, smart homes, and health-safety-environment systems. Companies' concern about financial effectiveness drives the need for investments in these systems, as financial performance is critical for survival and growth. This study investigates the influence of health-safety-environment practices on a firm's financial performance. By determining key health-safety-environment indicators and financial metrics, the research gathered insights through 97 questionnaires, which were completed by experts from four Iranian companies. The collected data was analyzed employing the analytic network process and Promethee techniques, enabling a robust evaluation of the relationship between HSE practices and financial performance. Finally, an expert system was designed based on decision matrices to provide suitable financial indicators derived from HSE data. Linking HSE practices to financial performance enhances overall effectiveness and sustainability, guiding businesses in making informed decisions while respecting growth, success, environmental issues, and finally low carbon economy.
{"title":"An Expert System to Evaluate the Impacts of Health, Safety, and Environment System Implementation on Firms’ Financial Performance Using Analytic Network Process and Promethee Techniques","authors":"Ali Asghar Anvary Rostamy, Ali Rajabzadeh Ghatari","doi":"10.47852/bonviewglce32021448","DOIUrl":"https://doi.org/10.47852/bonviewglce32021448","url":null,"abstract":"Sustainability involves balancing the environment, equity, and economy, with a focus on the green or low-carbon economy. Four strategic targets for a green economy encompass green management, green production, green lifestyle, and green technologies. Adopting a green economy poses challenges for companies, necessitating innovative systems like green supply chain management, smart homes, and health-safety-environment systems. Companies' concern about financial effectiveness drives the need for investments in these systems, as financial performance is critical for survival and growth. This study investigates the influence of health-safety-environment practices on a firm's financial performance. By determining key health-safety-environment indicators and financial metrics, the research gathered insights through 97 questionnaires, which were completed by experts from four Iranian companies. The collected data was analyzed employing the analytic network process and Promethee techniques, enabling a robust evaluation of the relationship between HSE practices and financial performance. Finally, an expert system was designed based on decision matrices to provide suitable financial indicators derived from HSE data. Linking HSE practices to financial performance enhances overall effectiveness and sustainability, guiding businesses in making informed decisions while respecting growth, success, environmental issues, and finally low carbon economy.","PeriodicalId":489841,"journal":{"name":"Green and Low-Carbon Economy","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135823387","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-08DOI: 10.47852/bonviewglce3202978
Michael Bennett, Antaya March, Pierre Failler
Modern aquaculture technologies can contribute to both climate change mitigation and adaptation strategies while simultaneously contributing towards food security. Various aquaculture strategies have been reviewed elsewhere but omit a few key strategies worthy of inclusion. This paper reviews various regenerative aquaculture strategies that stimulate habitat creation, biodiversity and capture fisheries stimulation, and increasing resilience to climate change effects. The climate change adaptation strategies discussed include IMTA and aquaponics, recirculation systems for the control of environmental conditions in a changing climate, habitat restoration through coral aquaculture, the capacity for selective breeding as adaptation mechanism to expected environmental changes, and continuous environmental monitoring programmes. Blue farming strategies for climate change mitigation are largely focussed on greenhouse gas reduction, carbon capture and carbon sequestration. The Western hemisphere has recently been enthused by the development of seaweed aquaculture and the implications of seaweed aquaculture and seaweed products are discussed, as well as the potential of seaweed to contribute to blue carbon stocks. The potential of microalgal bloom stimulation and open-ocean fertilisation are explored as methods of intensifying natural biogeochemical cycles involved in carbon sequestration. Best aquaculture practices and certifications are also discussed as a potential mechanism to align current farms with climate change and blue carbon objectives. The review concludes that regenerative aquaculture strategies have the potential to change public perception of aquaculture as holding largely negative consequences for the environment, and encourage the development of other applications of aquaculture as novel methods of sustainable blue ocean farming.
{"title":"Blue Farming Potentials: Sustainable Ocean Farming Strategies in the Light of Climate Change Adaptation and Mitigation","authors":"Michael Bennett, Antaya March, Pierre Failler","doi":"10.47852/bonviewglce3202978","DOIUrl":"https://doi.org/10.47852/bonviewglce3202978","url":null,"abstract":"Modern aquaculture technologies can contribute to both climate change mitigation and adaptation strategies while simultaneously contributing towards food security. Various aquaculture strategies have been reviewed elsewhere but omit a few key strategies worthy of inclusion. This paper reviews various regenerative aquaculture strategies that stimulate habitat creation, biodiversity and capture fisheries stimulation, and increasing resilience to climate change effects. The climate change adaptation strategies discussed include IMTA and aquaponics, recirculation systems for the control of environmental conditions in a changing climate, habitat restoration through coral aquaculture, the capacity for selective breeding as adaptation mechanism to expected environmental changes, and continuous environmental monitoring programmes. Blue farming strategies for climate change mitigation are largely focussed on greenhouse gas reduction, carbon capture and carbon sequestration. The Western hemisphere has recently been enthused by the development of seaweed aquaculture and the implications of seaweed aquaculture and seaweed products are discussed, as well as the potential of seaweed to contribute to blue carbon stocks. The potential of microalgal bloom stimulation and open-ocean fertilisation are explored as methods of intensifying natural biogeochemical cycles involved in carbon sequestration. Best aquaculture practices and certifications are also discussed as a potential mechanism to align current farms with climate change and blue carbon objectives. The review concludes that regenerative aquaculture strategies have the potential to change public perception of aquaculture as holding largely negative consequences for the environment, and encourage the development of other applications of aquaculture as novel methods of sustainable blue ocean farming.","PeriodicalId":489841,"journal":{"name":"Green and Low-Carbon Economy","volume":"67 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135197545","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-07DOI: 10.47852/bonviewglce3202849
Wondimagegn Mengist, Asaye Asfaw
This paper reviews historical perspectives on deforestation, forest law and policy, and participatory forest management (PFM) in Ethiopia. The main aim of this review was to state historical trends in forestry policy and forestry laws since the 1990s as well as the impacts of PFM on forest status and local community livelihoods in Ethiopia. To achieve the objective, the paperwork reviewed theoretical concepts from many scientific studies, previous documents, published articles, institutional documents, and legislation, as well as findings on forest management approaches, trends in forest coverage, causes of forest degradation, and the PFM approach in Ethiopia. The framework of driving force, pressure, state, impact, and response (DPSIR) was used to evaluate the country’s forest resources. The forest policy before 1991 was a top-down management approach, which discouraged local people from having access to and benefiting from the forest resource and participating in forest conservation practices. During the transition period from the military to the federal government in 1991, most of the natural forest cover of the country was affected and degraded by the local communities until the transitional government passed state regulatory laws. The deforestation rate kept going up during the political transition period from 1987 to 1991 due to agricultural land expansion, settlement, and investment pressures. As an option, PFM was introduced in Ethiopia in the mid-1990s with the help of non-governmental organizations (NGOs). However, the new approach was not equally beneficial to the local people, like training, collecting non-timber forest products (wild coffee and spices), hanging traditional beehives in the forest, and providing firewood and round wood for home construction. The approach demands more finance, and it is run by NGOs. Therefore, the PFM’s success depends on the financial return that the local people secure from the natural forests.
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