Climate change and sustainable development issues: arguments and policy initiatives
Document Type
Article
Publication Date
1-1-2018
Abstract
Global warming has emerged as one of the most serious threats to the existence of humankind. There is also increasing acknowledgement that old arguments that focused on the exhaustion of economic resources and changing dynamics of utility are no longer necessary and useful in confronting climate change. This article reviews the main arguments that have shaped recent global initiatives on mitigating climate change and global warming. The increasing introduction of climate change mitigation initiatives comes from the recognition that such initiatives no longer require reducing economic growth. Fortunately, recent developments appear promising as the majority of the world's nations pledged at the Paris Accord of 2015 to check environmental degradation. Consequently, individual signatories have supplied intended national determined contribution proposals to the United Nations Framework Convention for Climate Change to cap temperature rise to 1.5 ˚C over the next century.
Keywords
Climate change, economic growth, environmental policy
Divisions
FacultyofEconomicsAdministration,aei
Funders
Institut Pengurusan dan Pemantauan Penyelidikan, University of Malaya Research Grant [account number UM.000030/ HRU.RP.ES], [project number PR031B-16SBS]
Publication Title
Journal of the Asia Pacific Economy
Volume
23
Issue
2
Publisher
Taylor & Francis