Resource Efficiency And Climate Change

"The International Resource Panel (IRP) was established to provide independent, coherent and authoritative scientific assessments on the use of natural resources and their environmental impacts over the full life cycle. The Panel aims to contribute to a better understanding of how to decouple economic growth from environmental degradation while enhancing well-being. The Secretariat is hosted by the United Nations Environment Programme. IRP assessments demonstrate the opportunities for governments, businesses and wider society to work together to create and implement policies that ultimately lead to sustainable resource management, including through better planning, technological innovation and strategic incentives and investments. Materials are vital to modern society, but their production is an important source of greenhouse gases. Emissions from material production are now comparable to those from agriculture, forestry, and land use change combined, yet they have received much less attention from the climate policy community. The IPR authors propose looking beyond energy efficiency to reduce global carbon footprint. This report was developed by the IRP in response to a request from the Group of 7. It conducts a rigorous assessment of the contribution of material efficiency to GHG abatement strategies. More concretely, it assesses the potential reduction of GHG emissions from material efficiency strategies applied in residential buildings and light duty vehicles, and reviews policies that address these strategies. The IRP modelling results show that increasing material efficiency can help enhance efforts in moving towards the 1.5° C target set by the Paris Agreement." -- Page 4 of cover

This book covers the multi-faceted incentives, trade-offs, and challenges associated with the economics and politics of resource efficiency investments. By contributing a wide range of empirical evidence, practitioners' insights, and policy perspectives, this book carefully examines the role of resource efficiency in reconciling environmental and economic considerations. It also discusses the critical role of resource efficiency investments in mitigating climate change and enabling sustainable development. Featuring expert insights from academia, the European Commission, the European Investment Bank, and the European Bank for Reconstruction and Development, this book provides a policy oriented guide, reference, and toolbox for unlocking the potential of resource efficiency. To this end, it identifies practical measures for overcoming barriers and creating smart incentives for leveraging resource efficiency investments. Overall, this book brings together evidence to develop innovative ideas and strategies for improving the efficient use of resources and advancing clean and sustainable development. "This book is an important and timely contribution", Angel Gurria, Secretary General, OECD

This report documents many examples of best practices for increasing the resource efficiency of different sectors from countries around the world. Key findings show that policies and initiatives to improve resource efficiency and tackle climate change can reduce global resource extraction by up to 28 per cent globally in 2050, against the baseline. In addition to slower growth in resource extraction, such policy actions can also cut global greenhouse gas emissions by around 60 per cent, while also boosting the value of world economic activity by 1 per cent.

Efficiency and Equity of Climate Change Policy is a comprehensive assessment of the economic effects of climate change policy, addressing the issues with a quantitative modelling approach. The book thus goes beyond the usual statements on the efficiency of economic instruments to identify the way gains and losses are distributed; who gains and who loses. Both the costs and benefits of climate change policies are analyzed. Most papers also provide useful information on the economic features of the Kyoto Protocol, its possible extensions, and the effect of different implementation strategies (such as the debate on emissions trading ceilings). Readership: Scientists and policy makers, students and specialists in climate related industries, members of NGOs, and policy advisors.

Human societies face a threatening future of resource scarcity and environmental damages. This book addresses the challenge of turning these risks into opportunities and policies. It is a collection of high level contributions from experts of sustainable growth and sustainable resource management. Focussing on economics, sustainability, technology and policy, the book highlights system innovation, leapfrogging strategies of emerging economies, possible rebound effects and international market development. It puts natural resources centre stage and will make an important contribution to achieving the goal of a 21st century Green Economy.

Despite enormous progress in the past decades towards improving human prosperity and well-being, this has come at the lasting cost of degradation of the natural environment and depletion of natural resources. Meeting the needs of a growing and increasingly affluent population, will require natural resource extraction to increase from 85 to 186 billion tons by 2050. This can cause irreversible environmental damage and endanger the capacity of Earth to continue to provide resources which are essential for human survival and development. Analysis in the report shows that policies and initiatives to improve resource efficiency and tackle climate change can reduce global resource extraction by up to 28 per cent while also boosting the value of world economic activity by 1 per cent in 2050, against the baseline. Such policy actions can also cut global greenhouse gas emissions by around 60 per cent in 2050 relative to 2015 levels. This report has been produced by the UNEP's International Resource Panel in response to a request by leaders of the G7 nations in the context of efforts to promote resource efficiency as a core element of sustainable development. The report conducts a rigorous survey to assess and articulate the prospects and solutions for resource efficiency. It considers how more efficient use of resources can contribute to economic growth, employment and development, at the same time as reducing the world's use of materials, energy, biomass and water, and the resulting environmental impacts. The report documents many examples of best practices for increasing the resource efficiency of different sectors from countries around the world. The challenge for policy-makers is to learn from and scale up these good practices, and to conceive and implement a set of transformative policies that will enable countries to reap the associated social, environmental and economic benefits.

Natural resources, including minerals, water, energy and arable land, are the basis of human society. Throughout the 20th century, the growing population has led to an increase in the use of fossil fuels by a factor of 12, and to the extraction of 34 times more material resources. As a consequence, Earth’s climate is changing, fish stocks and forests are shrinking, the prices of energy resources and critical materials are rising, and species are becoming extinct. If the population grows as expected and the mean per capita consumption doubles by the year 2050, it is most probable that humanity will experience the limits to growth.

Climate Change and Sustainable Development: Mitigation and Adaptation focuses on the link between climate change threats and sustainable development goals. This book analyzes the polices of climate change mitigation and adaptation from an economic point of view by addressing globalization, international trade, and business opportunities and challenges. Based on extended research on energy, transportation, agriculture, and more, the case studies included in this book present business opportunities linked to mitigation and adaptation actions; from European Union greenhouse gas emission trading to climate change adaptation policies in developing countries. It presents a framework for the harmonization of climate and sustainable development policies and their mutual outcomes. Specific features: The first book to address main scientific aspects of climate change mitigation and sustainable development and how to deal with these main challenges in a harmonized way Provides practical examples of policies and business development opportunities linked with climate change mitigation and adaptation Analyses climate change challenges and provides implications for business development and good practice case studies from Europe Discusses issues of climate change at different scales ranging from macro to micro level Highlights the importance of climate change adaptation for developing countries, migration trends, city developments and agriculture As the threat of climate change grows ever more present, resources like this book, that provide and discuss necessary solutions and frameworks for ways to deal with and mitigate that threat become ever more essential. This book is a vital resource for academics, students, and professionals in any field seeking to deal with the threats from climate change, and particularly those relating to environmental and climate sciences, as well as those in political and economic fields.