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Impacts of Climate Change on Economy and Environmental Policies for Sustainable Development

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Air, Climate Change and Sustainability".

Deadline for manuscript submissions: closed (31 May 2022) | Viewed by 15515

Special Issue Editors

Prof. Dr. Yu Liu

E-Mail Website
Guest Editor
Division of Sustainable Development Strategy, Institutes of Science and Development, Chinese Academy of Sciences, 100190, Beijing, China
Interests: climate change impacts; climate change adaptation and mitigation; energy and environmental economics; international trade; economic policy analysis; economic forecasting; Computable General Equilibrium (CGE) Model
Prof. Dr. Baodong Cheng

E-Mail Website
Guest Editor
School of Economics and Management, Beijing Forestry University, Beijing 100083, China
Interests: forest product market and trade; timber safety; forest transformation; forest city; resource economics; environmental economics; environmental management
Special Issues, Collections and Topics in MDPI journals
Dr. Qi Cui

E-Mail Website
Guest Editor
School of Economics and Resource Management, Beijing Normal University, 100875, Beijing, China
Interests: agriculture economics; climate change; climate economics modelling; international trade; policy analysis; Computable General Equilibrium (CGE) Model

Special Issue Information

Dear Colleagues,

Faced with the serious threat of climate change to humanity, reducing greenhouse gas emissions (GHG) has become the consensus of the international community. The impacts of climate change are likely to cause cascading and potentially far-reaching repercussions on the social, economic, and environmental systems, with important implications for sustainable development. In particular, climate change will cause damage to agriculture, forestry, husbandry, transportation, energy and tourism by thoroughly affecting natural resources, factor productivity and household consumption. Climate change is also strongly interconnected with a multitude of environmental and social risks, such as air pollution, deforestation, inequality, poverty, starvation and malnutrition, which exacerbate the threats of climate change to humanity, unless further actions are taken. The Paris Agreement, which entered into force in 2016, set the ambitious mitigation goal of limiting the global temperature increase to below 2°C, and ideally, 1.5°C. Achieving this goal requires that by 2030, global net CO2 emissions be reduced by about 45% compared to 2010 and global carbon neutrality be achieved by 2050 (IPCC, 2018). Countries are required to make powerful nationally determined contributions (IDDRI, 2017). However, both how climate change affects the economic system and sustainable development and how the environmental policies work are still poorly understood, highlighting the urgency of the integrated assessment of climate change impacts and the development of environmental policies. This Special Issue aims to contribute an outstanding collection of both research and practice-oriented papers on climate change impacts on economy and relevant environmental policies for sustainable development. This issue particularly welcomes research efforts that are targeted at: (i) identifying the impact mechanism and assessing the impact of climate change on economy; (ii) examining the interactive effects of climate change and environmental pollution; (iii) evaluating the effectiveness of environmental policies to mitigate and adapt the climate change impacts; (iv) developing the methods modelling the impacts of climate change on economy and environmental policies. The papers can be original research articles, including quantitative and empirical analyses, or comprehensive review articles.

Prof. Dr. Yu Liu
Prof. Dr. Baodong Cheng
Dr. Qi Cui
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • climate change
  • economic impact
  • environmental and energy policies
  • mitigation and adaptation
  • sustainable development

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Published Papers (4 papers)

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Research

15 pages, 1300 KiB  
Article
Carbon Emissions, Economic Growth, Urbanization, and Foreign Trade in China: Empirical Evidence from ARDL Models
by Jikun Jiang, Shenglai Zhu and Weihao Wang
Sustainability 2022, 14(15), 9396; https://doi.org/10.3390/su14159396 - 1 Aug 2022
Cited by 19 | Viewed by 2668
Abstract
Based on the autoregressive distribution lag (ARDL) model, this paper conducts an empirical study on the relationship between carbon emissions, economic growth, urbanization, and foreign trade in China from 1971 to 2020. The results show that when carbon emissions, economic growth, and urbanization [...] Read more.
Based on the autoregressive distribution lag (ARDL) model, this paper conducts an empirical study on the relationship between carbon emissions, economic growth, urbanization, and foreign trade in China from 1971 to 2020. The results show that when carbon emissions, economic growth, and urbanization are used as explained variables, there is a long-term cointegration relationship with other variables. In the long-term relationship, urbanization has a significant positive effect on economic growth and carbon emissions, with coefficients of 2.2172 and 0.2921, respectively. The long-term elasticity coefficient of economic growth to urbanization is 0.4864, passing the 1% significance test. In the short-term relationship, economic growth and carbon emissions, urbanization and carbon emissions, and economic growth and urbanization are all mutually reinforcing relationships, and foreign trade will suppress carbon emissions in the short term. Therefore, policymakers should transform the urbanization model and develop a green economy to achieve environmental sustainability. Full article
(This article belongs to the Special Issue Impacts of Climate Change on Economy and Environmental Policies for Sustainable Development)
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30 pages, 6362 KiB  
Article
Evaluation and Research on the Level of Inclusive Green Growth in Asia-Pacific Region
by Meng Li, Yifan Zhang, Ziyu Fan and Hao Chen
Sustainability 2021, 13(13), 7482; https://doi.org/10.3390/su13137482 - 5 Jul 2021
Cited by 25 | Viewed by 4846
Abstract
Focusing on the Asia-Pacific region and the concept of inclusive green growth, this paper designs a four-dimensional analysis framework of economic prosperity, social inclusion, resource utilization, and environmental sustainability. It constructs a scientific and reasonable inclusive green growth indicator system for the Asia-Pacific [...] Read more.
Focusing on the Asia-Pacific region and the concept of inclusive green growth, this paper designs a four-dimensional analysis framework of economic prosperity, social inclusion, resource utilization, and environmental sustainability. It constructs a scientific and reasonable inclusive green growth indicator system for the Asia-Pacific region. In order to make the research results more robust, the research method mainly uses factor analysis, supplemented by clustering method and entropy method to evaluate and cross-validate the inclusive green growth level of 37 countries and regions in the Asia-Pacific region. The study finds that the level of inclusive green growth in the Asia-Pacific region is highly affected by the country’s economic development level. The latent heterogeneity in the distinct development stages of various countries explains why the in-region countries differ vastly regarding their inclusive green development levels. The inclusive green growth indicator system integrates the availability, accuracy, and standardization of data in selecting indicators, making the measurement results more referentially valuable. It helps grasp the actual state of inclusive green growth in the Asia-Pacific region. The paper summarizes the policy suggestions to promote inclusive green growth in the Asia-Pacific region, involving accelerating economic development and institutional improvement, and reinforcing regional cooperation in the Asia-Pacific area for elevating the overall regional inclusive green transformation. Full article
(This article belongs to the Special Issue Impacts of Climate Change on Economy and Environmental Policies for Sustainable Development)
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16 pages, 323 KiB  
Article
Examining the Economic Impacts of Climate Change on Net Crop Income in the Ethiopian Nile Basin: A Ricardian Fixed Effect Approach
by Melese Mulu Baylie and Csaba Fogarassy
Sustainability 2021, 13(13), 7243; https://doi.org/10.3390/su13137243 - 28 Jun 2021
Cited by 9 | Viewed by 3413
Abstract
Climate change affects crop production by distorting the indestructible productive power of the land. The objective of this study is to examine the economic impacts of climate change on net crop income in Nile Basin Ethiopia using a Ricardian fixed effect approach employing [...] Read more.
Climate change affects crop production by distorting the indestructible productive power of the land. The objective of this study is to examine the economic impacts of climate change on net crop income in Nile Basin Ethiopia using a Ricardian fixed effect approach employing the International Food Policy Research Institute (IFPRI) household survey data for Ethiopia in 2015 and 2016. The survey samples were obtained through a three-stage stratified sampling technique from the five regions (Amhara, Tigray, Benishangul Gumuz, Oromia, and Southern Nation Nationality and People (SNNP) along the Nile basin Ethiopia. There are only 12–14% female household heads while there are 80–86% male households in the regions under study. In the regions, more than half of (64%) the household heads are illiterate and almost only one-tenth of them (12%) had received remittance from abroad from their relatives or children. Crop variety adoption rate is minimal, adopted by the 31% of farmers. Only 30% of the surveyed farmers mentioned that they planted their crop seeds in row whereas the rest 70% had not applied this method. The regression results from the fixed effect least square dummy variable model showed that literacy, household size, remittance, asset value, and total land holdings have significant and positive impacts on the net crop income per hectare. The regional dummy variables estimate indicated that all the regions are negatively affected by climate change at varying levels. Strategies to climate change adaptation have significant and positive contributions in leveraging the damaging effects of climate change. The results also showed that increased winter and summer temperature and rainfall increase net crop income per hectare. The estimated coefficient of the interaction term of spring temperature and rainfall is significant and negative. On the other hand, while the mean annual temperature is damaging to crops, annual rainfall is beneficial. It can be deduced that, while increased temperature and rainfall in summer and winter increase the net crop income, the converse is true for winter and spring seasons. The study also proposes a specific, context-dependent, farm-level adaptation analysis of how farmers cope with the different climatic impacts of the Nile Basin and maintain the income levels that they have previously enjoyed. Full article
(This article belongs to the Special Issue Impacts of Climate Change on Economy and Environmental Policies for Sustainable Development)
20 pages, 733 KiB  
Article
Can a Win–Win Situation of Economy and Environment Be Achieved in Cities by the Government’s Environmental Regulations?
by Xinfei Li, Baodong Cheng, Qiling Hong and Chang Xu
Sustainability 2021, 13(11), 5829; https://doi.org/10.3390/su13115829 - 21 May 2021
Cited by 10 | Viewed by 3069
Abstract
Based on the panel data of 216 prefecture-level cities in China from 2003 to 2016, this study selected five emission-reduction indicators (industrial SO2 removal rate, soot removal rate, comprehensive utilization rate of industrial solid waste, domestic sewage treatment rate, and harmless treatment [...] Read more.
Based on the panel data of 216 prefecture-level cities in China from 2003 to 2016, this study selected five emission-reduction indicators (industrial SO2 removal rate, soot removal rate, comprehensive utilization rate of industrial solid waste, domestic sewage treatment rate, and harmless treatment of domestic waste rate) to quantify the intensity of urban environmental regulations. Based on the intensity of environmental regulations, the authors further studied the impact of environmental regulations on economic quality (green total factor productivity) and environmental quality (PM2.5). The test results showed that the impact of environmental regulation on PM2.5 is a U-type change that first declines and then rises, while the impact of the implementation of environmental regulation on green total factor productivity is an inverted U-shaped change, which first increases and then decreases. On the one hand, appropriate environmental regulations are conducive to improving environmental quality and improving urban green total factor productivity. On the other hand, excessive environmental regulations have not only failed to improve environmental quality, but also have a negative impact on the improvement of economic quality. In addition, there are regional differences in the impact of environmental regulations, so it is necessary to formulate appropriate and local environmental regulatory policies. Full article
(This article belongs to the Special Issue Impacts of Climate Change on Economy and Environmental Policies for Sustainable Development)
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