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ID:
192708
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| Summary/Abstract |
As the world's largest importer of energy, China has been facing severe energy security issues. In the context of the challenges of global energy transformation brought about by climate change and the intensification of global political risks, a survival analysis approach is used in this paper to investigate China's energy trade stability. The results show that the energy trade linkages between China and 153 other countries are complex and unstable, featuring short periods of trade with many countries. Specifically, geopolitical riskier areas, such as the Middle East and Africa, have the lowest trade stability. The survival curves also demonstrate clear heterogeneity among different types of energy. Climate risks, including both physical and transitional risks, are found to have significant effects on energy trade stability. Finally, several policy options are proposed to improve energy trade stability in China, paying special attention to the increasing globe climate risks.
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| 2 |
ID:
170856
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| Summary/Abstract |
Climate risk could potentially trigger another global financial crisis unless it is properly accounted for in global financial markets. U.S. policymakers should seek not only to reduce emissions but to also boost the climate resilience of physical infrastructure and mandate disclosure of climate-induced risk throughout the financial system.
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| 3 |
ID:
140237
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| Summary/Abstract |
We suggest the value of considering Pacific Latin America and the South Pacific in relationship to each other in contexts of climate change and investment in extractive industry. The paper explores the interactions between extractive industry, climate change and environmental governance through the lenses of double exposure, double movements, resilience and risk. The first part of the paper addresses the nature and scope of investments in extractive industries in this ‘other Pacific’. The geography of these investments is changing the actual and perceived distribution of exposure and risk in the region. The nature of this risk is also being affected by climate change and its implications for the geographies of water and land-use. Much of the contention surrounding extractive industries can be understood as conflicts over the unequal distribution of this risk, how to interpret its significance and the ways in which resilience might be enhanced to respond to it. The final section of the paper discusses the ways in which mining governance and governance for resilience converge and, on the basis of recent experiences in El Salvador, analyses the difficulties in governing extractive industry in a way that manages risk and builds resilience.
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