Abstract
If climate change mitigation is a right of humanity and planet Earth, “Global Risk”, as an index – the combined world political, economic, social and warfare risk that is rapidly resulting from the unparalleled planetary ecological degradation with strategic natural-resource scarcity, over pollution and contamination, drastic climate change, ozone layer depletion, excessive biodiversity loss, as well as nuclear weapons and waste build-up – needs to be thinned down as a political and economic priority of the world to mitigate both climate change and economic recession.
It proposes a politically viable and integrative policy framework for a new climate treaty beyond Kyoto to unite all nations in a financially feasible way to achieve global scale climate change mitigation; that is, a fundamental shift in policy and tools, of moving out of a cost approach towards a profit-seeking one for the gradual build-up of the “Green Capitalist Economy”, through vital enhancements of the Kyoto Protocol, including capital market instruments such as the “Ecological” stock in the climate change mitigation process within the short term, so that there will be no reason to wait until after 2012 to start profiting within the climate change mitigation process.
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Notes
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Global Risk. Variable composition of the indicator in terms of rate, percentage, or monetary value (1) Deforestation; (2) Water scarcity and contamination (i.e. rivers, lakes and underground water sources); (3) Soil erosion and contamination; (4) Desertification; (5) Biodiversity loss; (6) Concentration of GHGs in the atmosphere; (7) Primary and secondary forest land per capita (i.e. forest land/total population). This variable determines the forest ecosystem capacity to support the world economic system and the population; (8) Agricultural sustainability; (9) Ocean ecosystem degradation; (10) Ozone layer depletion; (11) Climate change intensity and variability; (12) Food security; (13) Environmental emigrants. This variable measures the number of people leaving their native land because of environmental problems, climate change and consequential agricultural losses; (14) Nuclear waste; (15) Poverty; (16) Unemployment; (17) General Price Index; (18) Environmental law effectiveness; (19) Environmental education; (20) R&D on renewable energy technology as a percentage of GDP; (21) Disease propagation. (i.e. over pollution and contamination with high temperatures and virus and bacteria natural mutation facilitates the propagation of old and new diseases into epidemics); (22) Sustainable development as a percentage of GDP; (23) Political risk; (24) Political, economic and nuclear confrontation probability for the dwindling strategic natural resources; (25) Global security risk; includes current and potential global conflicts.
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Acknowledgments
I owe a great deal to the theories of Adam Smith, Thomas Jefferson, Isaac Newton, Benjamin Franklin, Abraham Lincoln, Plato, Lau Tzu and Confucius in the realization of this paper.
I thank Dr Carlos J. Perez, Climate Change Specialist, for reviewing earlier versions of this paper.
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Rappaccioli-Navas, V. (2011). How to Achieve Global-Scale Climate Change Mitigation? An Integrative Global Policy Framework Beyond Kyoto. In: Leal Filho, W. (eds) The Economic, Social and Political Elements of Climate Change. Climate Change Management. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-14776-0_27
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