Climate change part 2

planetary boundaries

ecological boundaries, essential for stable ecosystem

how many planetary boundaries are there and how many already exceeded

there are 9, 4 already exceeded

environmental economics

3-pillar model of sustainablity(environment, economy and society)

ecological economics

priority model of sustainability

environmental economics uses neoclassical approach

true; it assigns monetary value to enivornmental g/s, uses discounting and tries to correct externalities through more marketization

ecological economics uses multi- and interdisciplinary approach

true; it focuses on distributive issues and strong sustainablity using Socio-Ecological transformation

steady state economy

economy as an open subsystem of a finite ecosystem

UNFCCC

United Nations Framework Convention on Climate Change

COP

Conference of Paties - decision-making body for all nations that are part of UNFCCC

milestones of COP

Kyoto Protocol and Paris Agreement

NDCs

nationally determined commitments=government plans to meet national emission reduction target from Paris Agreement

mitigation goal of COP

limit global warming to below 2 degree, work to keep 1.5 degree target

finance goal of COP

climate finance: transparency of flows and assets, delivery of annual 100 bil USD by developed nations

adaption goal of COP

adapt to extreme weather events=enhance resilience and assist vulnerable communities

collaboration goal of COP

Inclusive and active participation and adequate representation from all
stakeholders; tandem work between governments, the private sector and civil society

was there a positive pattern since COP1

no, emission have grown by 60%; more carbon released in the past 25 years than in preceeding 75 years

what is the current track of temperature rise

at least 2.8°C by 2100

lobbyism in COP

lobbyisst from coal, oil and gas companies are more represented than ten most affectred countries together

criticism of COP

green washing(organizations act more sustainable than they actually are) and business-usual (accessibility, power supply)

history of distribution of wealth has been deeply political and cannot be reduced to
economical mechanisms

true; it was shaped by views of economic, social and political actors and their relative power

environmental inequalities

exposure and access, policy effect, impact and policy-making

doughnut economics

framework for a safe and just operating space; combines SDG with planetary boundaries

what does doughnut economics measure

'good life' vs overuse of resources by country

relationship between resource use and social performance has diminishing returns means..

we aim for sufficiency(more is not always better)