The resource curse in renewable energy: A framework for risk assessment

Leonard, Alycia; Ahsan, Aniq; Charbonnier, Flora; Hirmer, Stephanie

doi:10.1016/j.esr.2022.100841

Cited by 29 publications

(13 citation statements)

References 75 publications

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“…By contrast, short-term profits often benefit foreign investors or, to the extent they flow to domestic interest groups, increase potential "resource curse" effects: clientelism and rent-seeking that depress growth (Lane and Tornel 1996 ;Saha and Carter 2022 ). However, some authors ask whether similar effects could occur in some countries due to the extraction of transition minerals or renewable energy exports, pointing to the importance of domestic political economy for ensuring that green investments support broad-based development (Månberger and Johansson 2019 ;Leonard et al 2022 ).…”

Section: Strategic Choices Over Development and Vectors For Impacts O...mentioning

confidence: 99%

The Relationship between Climate Action and Poverty Reduction

Lankes,

Macquarie,

Soubeyran

et al. 2023

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There is growing awareness that actions by policymakers and international organizations to reduce poverty, and those to mitigate and adapt to climate change, are inextricably linked and interwoven. This paper examines relevant academic and policy literature and evidence on this relationship and explores the potential for a new form of development that simultaneously mitigates climate change, manages its impacts, and improves the wellbeing of people in poverty. First, as a key foundation, it outlines the backdrop in basic moral philosophy, noting that climate action and poverty reduction can be motivated both by a core principle based on the right to development and by the conventional consequentialism that is standard in economics. Second, it reviews assessments of the current and potential future impacts of weakly managed climate change on the wellbeing of those in poverty, paying attention to unequal effects, including by gender. Third, it examines arguments and literature on the economic impacts of climate action and policies and how those affect the wellbeing of people in poverty, highlighting the importance of market failures, technological change, systemic dynamics of transition, and distributional effects of mitigation and adaptation. Finally, the paper surveys the current state of knowledge and understanding of how climate action and poverty reduction can be integrated in policy design, indicating where further research can contribute to a transition that succeeds in both objectives.

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Section: Strategic Choices Over Development and Vectors For Impacts O...mentioning

confidence: 99%

The Relationship between Climate Action and Poverty Reduction

Lankes,

Macquarie,

Soubeyran

et al. 2023

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“…Forest resources are essential natural assets that shape sustainable economic growth worldwide [32,33]. Simultaneously, uncontrolled economic growth reduces forest resources, contributing to a pronounced increase in GHG emissions [34].…”

Section: Theoretical Framework and Hypothesis Developmentmentioning

confidence: 99%

An Empirical Analysis of Relationships between Forest Resources and Economic and Green Performances in the European Union

Vărzaru,

Bocean

2023

Forests

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The growing concern for environmental sustainability drives efforts toward balancing economic growth with responsible resource management. Forests represent invaluable green assets central to combating climate change and supporting biodiversity. This research investigates the intricate interaction between forest resources and economic and green performances within the European Union (EU). The European Union, as a conglomerate of diverse member states with varying forest endowments and economic contexts, provides a rich framework for examining these connections. This paper applies structural equation modeling (SEM) and cluster analysis to a dataset collected from Eurostat. This study’s empirical findings underscore the multidimensional relationship between forest resources and green and economic performances. The findings reveal significant positive relationships between economic and green performances and forest resources and a negative relationship between greenhouse gas (GHG) emissions and forest resources, implying a decline in GHG while green and economic performances increase. Cluster analysis identifies distinct groups of EU countries exhibiting similar profiles concerning forest management and economic and green performances. The cluster analysis results highlight the necessity for tailored strategies and policy benchmarking that acknowledge the heterogeneity of EU member states and their unique combinations of forest resources, economic structures, and ecological commitments.

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“…According to Kollias and Tzeremes (2022) commodity price demonstrations are frequently triggered by high unemployment and increase in prices. Leonard et al (2022) argue that if global commodity prices rise above a particular threshold, it could lead to social unrest, with other reasons as well. Other relevant research suggests that increased commodity prices are linked to conflict in poor nations when other drivers are taken into account, such as government actions (Mlambo, 2022;Hill and Johns, 2022).…”

Section: Introductionmentioning

confidence: 99%

Impact of Petroleum Energy Price Volatility on Commodity Prices in Ghana

Dadzie

Nambie²,

Obobi³

2023

IJEFI

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The purpose of this article is to demonstrate the relationship between petroleum energy volatility and commodity prices in Ghana, which are indexed (energy grains, meat, and cooking oil), as well as to provide an empirical specification of the impact's direction. With reference to time series literature, the paper examined energy and commodity price connection models such as augmented dickey fuller, granger causality, co-integration, vector autoregressive and the vector error correction models used in estimating the association among petroleum energy volatility and the three selected commodity variables. The paper found that, there is a long run relationship between petroleum energy volatility and commodity prices in Ghana from 2011 to 2022. A single equation error correction model suggested that, petroleum energy shocks increase prices of grains, meat and cooking oil in both the short and long run. Impulse response function and variance decomposition conducted on the variables also suggested that there is both short and long run association between the variables.

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The resource curse in renewable energy: A framework for risk assessment

Cited by 29 publications

References 75 publications

The Relationship between Climate Action and Poverty Reduction

The Relationship between Climate Action and Poverty Reduction

An Empirical Analysis of Relationships between Forest Resources and Economic and Green Performances in the European Union

Impact of Petroleum Energy Price Volatility on Commodity Prices in Ghana

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