People centred eco-design: consumer adoption of low and zero carbon products and systems

Literature review, research model and findings of exploratory empirical research on consumer adoption and effective use of low and zero carbon technologies ranging from a hybrid car to solar water heating systems

Polluting emissions standards and clean technology trajectories under competitive selection and supply chain pressure

Based on a model of industrial dynamics, this paper examines the impact of polluting emissions standards on trajectories of clean technologies implemented by firms subject to competitive selection and supply chain pressure. The model incorporates a few stylised facts on the relationships between environmental regulation, innovation and diffusion. The main objective is to highlight the forces influencing the long term dynamics of an industry faced with evolving emissions standards in a ‘history-friendly’ way. The paper gives guidance to the conditions of dynamic efficiency of emissions standards taking into account the coevolution of technology, user requirements and market structure. We show that emission standards not only play a significant role in orienting research and innovation activities of supplier firms, but they are also likely to support the diffusion of environmental innovation in the supply chain. In some cases, emission standards lead to prevent both a situation of lock-in on the supply side and a situation of behavioural inertia on the user side. Standards may thus lead to preserve a certain form of technological and behavioural diversity. Based on the computer simulations, it will be shown that the efficiency of standards depends on the nature of performance standards (process or product), on the market structure and on the timing of intervention.environmental innovation; industrial dynamics; environmental supply chain pressure; emission standards

Accelerating U.S. Clean Energy Deployment: Investor Policy Priorities

International investment to mitigate climate change is far below levels needed to reach the two-degree target. The International Energy Agency estimates that an average of an additional $1 trillion in incremental financing for clean energy is needed to meet the temperature target. In September 2014, over 350 investors representing$24 trillion in assets issued the Global Investor Statement on Climate Change, calling on governments to create an ambitious global agreement that includes a meaningful price on carbon -- the "Clean Trillion."This paper connects the Clean Trillion goal to the current United States climate and clean energy policy framework, which is a mixture of federal, state, and local initiatives. The paper outlines the 2015 U.S. policy priorities of the Policy Working Group of the Investor Network on Climate Risk (INCR), a network of more than 110 institutional investors primarily based in the U.S., focused on investment risks and opportunities associated with climate change

Natural resources conservation management and strategies in agriculture

This paper suggests a holistic framework for assessment and improvement of management strategies for conservation of natural resources in agriculture. First, it incorporates an interdisciplinary approach (combining Economics, Organization, Law, Sociology, Ecology, Technology, Behavioral and Political Sciences) and presents a modern framework for assessing environmental management and strategies in agriculture including: specification of specific “managerial needs” and spectrum of feasible governance modes (institutional environment; private, collective, market, and public modes) of natural resources conservation at different level of decision-making (individual, farm, eco-system, local, regional, national, transnational, and global); specification of critical socio-economic, natural, technological, behavioral etc. factors of managerial choice, and feasible spectrum of (private, collective, public, international) managerial strategies; assessment of efficiency of diverse management strategies in terms of their potential to protect diverse eco-rights and investments, assure socially desirable level of environmental protection and improvement, minimize overall (implementing, third-party, transaction etc.) costs, coordinate and stimulate eco-activities, meet preferences and reconcile conflicts of individuals etc. Second, it presents evolution and assesses the efficiency of diverse management forms and strategies for conservation of natural resources in Bulgarian agriculture during post-communist transformation and EU integration (institutional, market, private, and public), and evaluates the impacts of EU CAP on environmental sustainability of farms of different juridical type, size, specialization and location. Finally, it suggests recommendations for improvement of public policies, strategies and modes of intervention, and private and collective strategies and actions for effective environmental protection

Contextual impacts on industrial processes brought by the digital transformation of manufacturing: a systematic review

The digital transformation of manufacturing (a phenomenon also known as "Industry 4.0" or "Smart Manufacturing") is finding a growing interest both at practitioner and academic levels, but is still in its infancy and needs deeper investigation. Even though current and potential advantages of digital manufacturing are remarkable, in terms of improved efficiency, sustainability, customization, and flexibility, only a limited number of companies has already developed ad hoc strategies necessary to achieve a superior performance. Through a systematic review, this study aims at assessing the current state of the art of the academic literature regarding the paradigm shift occurring in the manufacturing settings, in order to provide definitions as well as point out recurring patterns and gaps to be addressed by future research. For the literature search, the most representative keywords, strict criteria, and classification schemes based on authoritative reference studies were used. The final sample of 156 primary publications was analyzed through a systematic coding process to identify theoretical and methodological approaches, together with other significant elements. This analysis allowed a mapping of the literature based on clusters of critical themes to synthesize the developments of different research streams and provide the most representative picture of its current state. Research areas, insights, and gaps resulting from this analysis contributed to create a schematic research agenda, which clearly indicates the space for future evolutions of the state of knowledge in this field

Blended Value Investing: Innovations in Real Estate

In March 2006, The World Economic Forum published Blended Value Investing: Capital Opportunities for Social and Environmental Impact. That paper, written by Jed Emerson and Joshua Spitzer, presented and explored the notion that between market-rate financial investments and philanthropy lie investment opportunities that intentionally create both financial returns and environmental and social value. These investment instruments seek not simply to balance extra-financial value with financial value, to avoid doing harm, or to add token social responsibility to financial investing (as is true of many 'double bottom line' funds); rather they pursue a sustained blending of value creation -- in financial, environmental and other dimensions. That paper presented 12 case studies of funds and investment instruments in this blended value investing category with a focus on global economic and social value creation more than environmental value creation.In the autumn of 2006, The William and Flora Hewlett Foundation funded a new exploration of blended value, this time focused more specifically on the area of environmental and conservation finance. Many innovations are advancing the field of environmental finance, many of these strategies have been well documented in a variety of articles, books and websites. Nevertheless, for many asset owners and managers, creating blended financial and environmental returns still remains a difficult goal to attain. These actors continue to ask questions regarding the types of investment option before them, the degree (if any) to which they carry a financial penalty, and the nature of the environmental value created (among other questions). Accordingly, this paper offers a broad overview of various real estate-based investment instruments and funds that are structured to generate financial returns while simultaneously advancing environmental value. The specific audience for this paper includes foundation executives seeking to move beyond traditional grantmaking, as well as high-net-worth individuals and other asset trustees working to understand options for pursuing full, blended value investments -- namely, those that create a defined level of economic value combined with environmental impact.This inquiry introduces frameworks for approaching blended value investments, and it raises a series of questions potential investors will probably ask. While the authors believe these investments will ultimately prove viable and efficient, this inquiry stops short of comparing these blended value investments to more traditional alternatives. In the absence of further data, the authors cannot assert that these investments are superior to traditional strategies. The inquiry's conclusion suggests future studies that might bring more data to the ongoing discussion

Incrementalism of environmental innovations versus paradigmatic change: A comparative study of the automotive and chemical industries

Environmental innovations; technological regime; technological paradigm; environmental regulation; automotive industry; green chemistry