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This book offers a fresh, comprehensive outlook on a paramount global challenge: climate change, seamlessly integrating intricate themes like climate science, innovative technology solutions, strategic business models, essential investments, and societal impacts. The book targets decision-makers, business leaders, educators, and those seeking a comprehensive grasp of this critical issue. It imparts insights into the necessary strategic alignment to understand and address the diverse elements required for mitigating and adapting to climate change effects. As a practical guide, it delineates a clear roadmap for implementing solutions and driving essential transformations. By fusing these multifaceted aspects, the book constructs a comprehensive framework that offers astute guidance for navigating the path towards achieving global carbon neutrality and effectively combatting climate change.

Climate change has become the defining issue of the twenty-first century. Institutions and organisations are starting to take proactive steps to reduce greenhouse gas emissions in response to growing local concern and inaction at higher levels of government (Willson & Brown 2008). A concept that is gaining significant publicity is that of 'carbon neutrality', a process of calculating emissions (or 'carbon footprint'), reducing those emissions and offsetting residual emissions so that net carbon emissions equal zero. The evolving concept of carbon offset trading has given rise to a whole new industry and associated infrastructure. Proponents of carbon neutrality champion the concept as a valid tool in the alleviation of climate change. Equally there are fierce critics of the concept who believe it to be fatally flawed. By drawing on a thorough review of relevant literature in this report I seek to: present a clear understanding of the concepts of 'carbon footprint' and 'carbon neutrality' and their purpose in mitigating climate change; describe the recommended process and best practice for achieving carbon neutrality; and consider the arguments for and against carbon neutrality as a valid tool in mitigating climate change. ; Forestry, Faculty of ; Unreviewed ; Undergraduate

On 28 October 2020, President Moon Jae-in declared Korea's 2050 carbon neutrality strategy as a comprehensive transformation plan towards a sustainable and green Korean economy. The key elements for the 2050 carbon neutrality are: expanding the use of clean power and hydrogen across all sectors; improving energy efficiency to a significant level; commercial development of carbon removal and other future technologies; scaling up the circular economy to improve industrial sustainability; and enhancing carbon sinks. The success of the 2050 net-zero depends on whether the energy sector can be decarbonised on schedule. More fundamentally, the strength of carbon pricing to secure private climate finance will determine the future of Korea's vision to go carbon neutral by 2050.

By studying the case of the Carbon Neutrality Program (CNP) in Costa Rica, this thesis proposes an innovative approach to the evaluation of voluntary environmental programs in developing countries. In doing so, it seeks to provide relevant information to key stakeholders on the merit and worth of the CNP, and to contribute to the understanding of how specific institutional configurations affect the capacity of public programs to achieve their intended outcomes in the environmental policy domain. This thesis adopts a mixed-methods approach (specifically, a parallel triangulation design) that combines a survey with a case study to obtain complementary data on the research topic. Specifically, it employs a cross-sectional online survey of organisations with the C-Neutral brand that were active between 2012 and 2016. In complement, a case study was used to collect primary qualitative data by interviewing a broad range of respondents. Secondary information was collected from official reports, bibliographies, records and previous studies by public and private organisations (both domestic and international), and newspaper articles. At the theoretical level, the main contribution of this study is its construction of a theoretical framework that combines concepts from institutional theory (third-phase institutionalism) and public policy theory (the multiple governance framework). This framework illuminates the way the CNP operates and helps determine why it produces specific policy outcomes. It was found that although the CNP has inherent merit as a voluntary environmental program, its outcomes do not seem to be significant for the current Costa Rican climate policy. The institutional configuration that characterises the governance of the CNP exhibits a robust combination of rules and narratives. However, there is evidence of weak practices and a limited rate of company membership in the CNP. Furthermore, the program displays a fractured governance structure at its constitutive, directive and operational levels. The ...

AbstractTrying to reach carbon neutrality is by no means plain sailing in times of energy crisis, price volatility, and war. The European Green Deal (EGD) prioritizes green pathways, but it is not enough when it copes with greenhouse gases (GHGs). The present research utilizes the Malmquist–Luenberger productivity index (MLPI) to estimate advancements in total factor productivity (TFP) in the European Union (EU). The study uses panel data from 1995 to 2019, in addition, there is comparison between two periods: 1995 – 1996 and 2018 – 2019, would provide important information about TFP progress or recession during a turbulent European era. Two MLPI models are applied, one that utilizes only non-renewable energy sources (NRES), while the other adopts renewable energy sources (RES). Encompassing inputs such as: electricity generation, labour force, and gross fixed capital formation (GFCF); desirable output: gross domestic product; and undesirable outputs: carbon dioxide (CO2) and methane (CH4). There is average productivity progress, more specifically the MLPI average productivity for NRES and RES is 2.14% and 7.34% respectively, meaning that the RES adoption leads to greater productivity performance by almost three times. This novel analysis might offer useful and practical information to policymakers through the measuring of TFP in order to effectively attain and accomplish carbon neutrality objectives.

ABSTRACTTo date, more than 650 university presidents across the United States have become signatories of the American College and University Presidents' Climate Commitment (ACUPCC). A central goal of being a signatory is for a campus to achieve carbon neutrality. This article suggests that bringing the practice of experiential learning to the college classroom is a mechanism to help students understand and become involved in campus carbon-neutrality efforts. More specifically, it discusses the practical realities of using an undergraduate environmental-policy course to create policy proposals for our campus's 2020 carbon-neutrality goal. The findings support a growing body of literature that demonstrates the value of experiential learning by enabling students to move from theory to practice.

AbstractThis article aims to analyze the challenges that arise for organizations when they make carbon neutrality commitments, the practices involved in implementing those commitments, and the impacts they have, based on a systematic review of empirical studies focused on the managerial and organizational implications of carbon neutrality initiatives. Through rigorous analysis of relevant research, this study maps the literature, highlighting, among other things, that research on the subject has mushroomed and is widely dispersed in terms of both geographical and disciplinary provenance; that the process of achieving organizational carbon neutrality has been undertheorized; and that there is a lack substantial critical examinations of carbon neutrality actions despite the greenwashing trends that have been observed in organizations' climate commitments. The results of the selected studies show the numerous challenges of managing carbon neutrality, mainly due to organizational obstacles and governance issues related to the lack of expertise, leadership, and reliable data to track climate performance rigorously as well as persistent uncertainties surrounding regulations and public policies in this area. Despite these difficulties, the conclusions of most studies remain optimistic about the positive financial, reputational, and institutional impacts of organizational carbon neutrality. The best practices identified in the literature revolve around actions related to leadership commitments, strategic planning, and innovation. This study provides an in‐depth understanding of the implications of carbon neutrality for managers and proposes avenues of improvement for future initiatives in this area. It also discusses contributions to the literature, significant research gaps, and resulting avenues for future research.