Leveraging private capital for climate mitigation: evidence from the clean development mechanism

To mitigate climate change, states must make significant investments into energy and other sectors. To solve this problem, scholars emphasize the importance of leveraging private capital. If states create institutional mechanisms that promote private investment, they can reduce the fiscal cost of carbon abatement. We examine the ability of different international institutional designs to leverage private capital in the context of the Kyoto Protocol's Clean Development Mechanism (CDM). Empirically, we analyze private capital investment in 3749 climate mitigation projects under the CDM, 2003–2011. Since the CDM allows both bilateral and unilateral implementation, we can compare the two modes of contracting within one context. Our model analyzes equilibrium private investment in climate mitigation. When the cost of mitigation is high, unilateral project implementation in one host country, without foreign collaboration, draws more investment than bilateral contracting, whereby foreign investors participate in the project

Locating and mitigating risks to children associated with major sporting events

Despite recent efforts to blend sport and human rights, activism for children's rights in sport has historically been marginalised. The positive 'social legacy' of sport events frequently masks more problematic issues, including child exploitation. We argue that harms to children in hosting communities of major sporting events (MSEs) should be a focus for both research and intervention since the plight of such children is currently a political blind spot. The article examines the evidence for four major sources of risk for children associated with such events: child labour, displacement resulting from forced evictions for infrastructure development and street clearance, child sexual exploitation, and human trafficking affecting children. The weakness of the resulting evidence is explained in relation to the methodological and ethical difficulties of conducting research on such hidden and marginal populations and to the fact that risks to children are often masked by adult social problems. It is argued that much more robust research designs, focused specifically on children, are essential in order to verify the many assertions made about risks to children associated with MSEs. Some mitigating interventions are briefly examined and an action plan for risk-mitigation work at future MSEs is proposed. Finally, drawing on wider debates about Centres and Peripheries in social and economic theory, we question whether major international sport organisations might choose to engage with projects like child protection for strategic rather than humanitarian reasons, using them as a kind of ethical fig leaf in order to bolster their power bases against threats from the margins. © 2014 © 2014 Taylor & Francis.The Oak Foundation under Grant code OCAY-13-052

Resources for Peace? Managing Revenues from Extractive Industries in Post-Conflict Environments

Revenues from extractive sectors such as oil and gas, minerals, and logging play an important role in many post-conflict environments, often providing more than 30% of state fiscal receipts. When managed well, these revenues can help to finance postwar reconstruction and other vital peace-related needs. When mismanaged, however, resource revenues can undermine both economic performance and the quality of governance, thereby heightening the risk of renewed violence. This paper offers a number of proposals for managing revenues from extractive industries to better support peacebuilding.Extractive resources; oil revenues; peacebuilding; revenue-sharing

Unburnable Carbon 2013: Wasted Capital and Stranded Assets

This report examines CO2 budgets and the growing 'carbon bubble', as well as its effects on the economy and global warming. It includes chapters on the global CO2 budget, global listed coal oil and gas reserves and resources, evolving the regulation of markets for climate risk, implications for equity valuation and credit ratings, implications for investors, and suggestions for navigating the road ahead

The Basic Structure as Object: Institutions and Humanitarian Concern (draft)

[FIRST PARAGRAPHS] One third of the human species is infested with worms. The World Health Organization estimates that worms account for 40 percent of the global disease burden from tropical diseases excluding malaria. Worms cause a lot of misery. In this article I will focus on one particular type of infestation, which is hookworm. Approximately 740 million people suffer from hookworm infection in areas of rural poverty: more than one human in ten, a total greater than 23 times the population of Canada or twice the population of the United States. The greatest numbers of cases occur in China, Southeast Asia and Sub-Saharan Africa—that is, mostly in the places in the world where poverty is most severe

Risk Profiles in Individual Software Development and Packaged Software Implementation Projects: A Delphi Study at a German-Based Financial Services Company

The aim of this paper is to compare risk profiles of individual software development (ISD) and packaged software implementation (PSI) projects. While researchers have investigated risks in either PSI projects or ISD projects, an integrated perspective on how the risk profiles of these two types of information system (IS) projects differ is missing. To explore these differences, this work conducted a Delphi study at a German-based financial services company. The results suggest that: First, ISD projects seem to be more heterogeneous and face a larger variety of risks than the more straightforward PSI projects. Second, ISD projects seem to be particularly prone to risks related to sponsorship, requirements, and project organization. Third, PSI projects tend to be predominantly subject to risks related to technology, project planning, and project completion. Finally, in contrast to available lists of risks in IS projects and irrespective of the project type, the paper found a surprisingly high prominence of technology and testing-related risks

Banking on Nature's Assets: How Multilateral Development Banks Can Strengthen Development by Using Ecosystem Services

Outlines the benefits of integrating the management of ecosystem services and trade-offs into strategies to improve economic development outcomes, mitigate climate change effects, and reduce economic and human costs. Recommends tools and policy options

A Roadmap for Integrating Human Rights Into the World Bank Group

Offers a framework for linking effective international development and poverty reduction with human rights, including empowering communities to use the World Bank Group's grievance mechanisms. Outlines accomplishments, shortfalls, and recommendations

Beach users’ perceptions of coastal regeneration projects as an adaptation strategy in the western Mediterranean

Some coastal environments facing climate change risks are starting to be managed with nature-based solutions (NBS). Strategies based on the rehabilitation of green infrastructures in coastal municipalities, such as renaturalization of seafronts, are considered adaptive to the effects of climate change but may cause misconceptions that could lead to social conflicts between the tourist sector and the society. A survey was carried out to study user perceptions on the effects of climate change, preferences for adaptation strategies, and the assessment of projects of dune reconstruction. We find that while beach users recognize the benefits of NBS for environmental conservation and storm protection, they show little concern about possible effects of climate change on recreational activity and have limited understanding about the protective capacity of NBS. Thus, a greater effort must be made to better explain the effects of climate change and the potential benefits of NBS in coastal risk management.Peer ReviewedPostprint (author's final draft