Skip to main content Accessibility help
×
Hostname: page-component-77c89778f8-vpsfw Total loading time: 0 Render date: 2024-07-21T23:21:20.323Z Has data issue: false hasContentIssue false

5 - Global analytical applications

Published online by Cambridge University Press:  05 August 2012

Mohan Munasinghe
Affiliation:
Munasinghe Institute for Development, Sri Lanka
Get access

Summary

In this chapter, applications of key elements of the sustainomics framework are illustrated through several examples dealing with two critical global problems – climate change and sustainable development, and how they are best addressed together. Section 5.1 provides a general analysis of the circular linkages between these two issues. In Section 5.2, challenges posed to the social, economic and environmental dimensions of sustainable development, and relevant principles for formulating a policy response, are described. Ethical and equity considerations play an important role, especially in addressing the unfair and disproportionately large share of the burden imposed on the poor and vulnerable. Section 5.3 defines and analyses the principal potential human responses – adaptation and mitigation. Several practical applications are provided. Three international-level case studies are described in Section 5.4. First, alternative climate-change-mitigation response strategies are assessed in terms of the optimality and durability approaches. Next, we examine the interplay of equity and efficiency in joint implementation, as well as in emissions trading, especially between Annex 1 and non-Annex 1 countries. Sections 5.5 and 5.6 discuss how a global problem such as climate change might interact with sustainable development at the national level through a case study that examines greenhouse gas (GHG) mitigation prospects in Sri Lanka. National energy-sector responses are analysed, and a real options framework for carbon options trading under uncertainty is described.

Type
Chapter
Information
Sustainable Development in Practice
Sustainomics Methodology and Applications
, pp. 137 - 179
Publisher: Cambridge University Press
Print publication year: 2009

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×