15 research outputs found

    Environmental technology and policy development in a regional system : transboundary water management and pollution prevention in southeastern Europe

    Get PDF
    Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division, Technology and Policy Program, 2007.Includes bibliographical references (p. 256-270).In order to surmount the barriers to transboundary integration and coordination of environmental technology and regulatory policy in Southeastern Europe, the environmental capabilities and needs of the region are discussed, and a regional cooperation and coordination systems framework is developed. The thesis focuses on a case study of transboundary water resource management of the Mesta/Nestos River Basin between Bulgaria and Greece is presented in order to understand the coordination problems between a particular locality's level of integration in environmental technology development and use, and environmental regulatory policy, as well as the barriers to cooperation between two localities sharing a transboundary resource. For the case study, the physical characteristics and environmental stresses on the basin are described in detail. Next the policy governing local water resource management and environmental technology development is reviewed in terms of national laws and regulations, the bilateral diplomatic agreements, and the EU framework that drives much of the current activity in the basin today. Finally, the gaps in current policy and the barriers to coordinating water resource-related technology policy and environmental regulatory policy development are analyzed. The end result is a set of recommendations pertaining to the particular basin, but which can be generalized to other basins in the region. The focus is primarily on the coordination in both countries at the local and transboundary levels, but will also be explored within the context of the nation-wide and region-wide levels.(cont.) Through this narrow case study, insight is gained as to how environmental technology policy can be coordinated with regulatory policy to surmount the obstacles faced in water resource management and the broader context, and how the institutional and legal framework in place affects the regulatory scheme and in turn the technology placement in both countries.by Christi Electris.S.M

    Total Portfolio Activation: A Framework for Creating Social and Environmental Impact across Asset Classes

    Get PDF
    Interest in investment that pursues social and environmental impact has exploded in recent years. Although opportunities for impact investing have emerged across asset classes, most impact-investment activity has remained largely confined to a limited array of private investments, touching only a small percentage of investor portfolios. For organizations and individuals seeking greater impact and better alignment between their investment activities and their mission or values, there remains a pressing need for tools to help investors identify and seize opportunities to activate more of their assets for social and environmental benefit. To help fill this gap, this paper introduces a simple conceptual framework: Total Portfolio Activation

    The Impact of Equity Engagement Evaluating the Impact of Shareholder Engagement in Public Equity Investing

    Get PDF
    Over the last decade, growing numbers of investors have become increasingly concerned with the environmental and social impact of their investments across asset classes. This trend has recently been driven by new waves of "impact investors" proactively seeking measurable social and environmental impact in addition to financial returns, and by "responsible investors" making commitments to engage on environmental, social, and governance (ESG) issues through initiatives such as the United Nations-backed Principles for Responsible Investment (PRI). At the same time, engaged shareholders have had long-standing experience using "the power of the proxy" and their voices as investors to hold companies accountable for the impacts they have on employees, stakeholders, communities, and ecosystems.While investor interest in shareholder engagement has grown, our understanding of the impacts associated with engagement activities remains largely anecdotal.In 2012, an important study on Total Portfolio Activation provided a new conceptual and analytical framework for investors to pursue environmental and social impact across all asset classes commonly found in a diversified investment portfolio. Building upon the insights of Total Portfolio Activation, the Impact of Equity Engagement (IE2) initiative seeks to deepen our understanding of the nature of impact in one specific asset class—public equities— where investors' engagement activities have generated meaningful social and environmental impacts.Given the large social and environmental footprints of publicly traded corporations and the persistently high allocation to public equities in most investor portfolios, public equity investing presents a major opportunity for impact investing. Yet impact investing, as currently practiced, has concentrated primarily on smallscale direct investments in private equity and debt, where many investors perceive that social and environmental impact can be more readily observed than in publicly traded companies where ownership is intermediated, diluted, and diffused through secondary capital markets.Indeed, the nature of impact within public equity investing remains poorly understood and insufficiently documented. Because of this, many investors may be overlooking readily available opportunities for generating impact within their existing investment portfolios.To address these misperceptions and missed opportunities, the IE2 initiative is developing a more rigorous framework for documenting the impact of engagement within the public equity asset class.

    Understanding & Modeling State Stability: Exploiting System Dynamics

    Get PDF
    The potential loss of state stability in various parts of the world is a source of threat to U.S. national security. Every case is unique, but there are common processes. Accordingly, we develop a system dynamics model of state stability by representing the nature and dynamics of ‘loads’ generated by insurgency activities, on the one hand, and by articulating the core features of state resilience and its ‘capacity’ to withstand these ‘loads’, on the other. The problem is to determine and ‘predict’ when threats to stability override the resilience of the state and, more important, to anticipate propensities for ‘tipping points’, namely conditions under which small changes in anti-regime activity can generate major disruptions. On this basis, we then identify appropriate actionable mitigation factors to decrease the likelihood of ‘tipping’ and enhance prospects for stability

    Table of Boxes................................................ xiii

    No full text
    Table of Figures................................................ v

    The Century Ahead: Searching for Sustainability

    No full text
    The global future lies before us as a highly uncertain and contested landscape with numerous perils along the way. This study explores possible pathways to sustainability by considering in quantitative detail four contrasting scenarios for the twenty-first century. The analysis reveals vividly the risks of conventional development approaches and the real danger of socio-ecological descent. Nonetheless, the paper underscores that a Great Transition scenario—turning toward a civilization of enhanced human well-being and environmental resilience—remains an option, and identifies a suite of strategic and value changes for getting there. A fundamental shift in the development paradigm is found to be an urgent necessity for assuring a sustainable future and, as well, a hopeful opportunity for creating a world of enriched lives, human amity, and a healthy ecosphere.sustainability; scenarios; global; simulation; development; climate; energy; water; hunger; agriculture
    corecore