The Political Economy of Sustainable Development
Policy Instruments and Market Mechanisms
Published on 27. November 2015
Book
Hardback
272 pages
978-1-78347-483-7 (ISBN)
Description
Since the Rio 'Earth' Summit of 1992, sustainable development has become the major policy response to tackling global environmental degradation, from climate change to loss of biodiversity and deforestation. Market instruments such as emissions trading, payments for ecosystem services and timber certification have become the main mechanisms for financing the sustainable management of the earth's natural resources. Yet how effective are they - and do they help the planet and developing countries, or merely uphold the economic status quo? This book investigates these important questions.Providing a comprehensive analysis and the latest research on sustainable development, the authors compare the divergent approaches to emissions trading. Included is a detailed investigation into illegal logging and the effectiveness of policy responses, with an evaluation of different forest certification schemes. Biodiversity offsets and environmental payments are also explored. Integral to the book are interviews and opinions of the key stakeholders in the political economy of sustainable development.
This uniquely comprehensive analysis of the governance quality of different sustainable development mechanisms, unprecedented in its panorama of comparative case studies, is essential reading for all those in the policy, academic and non-governmental communities.
This uniquely comprehensive analysis of the governance quality of different sustainable development mechanisms, unprecedented in its panorama of comparative case studies, is essential reading for all those in the policy, academic and non-governmental communities.
Reviews / Votes
'This is a well thought-out and well- written book. The authors display mastery of the subject and bring in invaluable insights into climate change and forest protection. The format for the chapters makes for easy reading. Each chapter gives a history and descriptive background of the subject it is dealing with, then the analyses of the subject itself, followed by a discussion of the sources of finance, a detailed table on the quality of governance, then a report on empirical study and commentary on the results. Analysis of the survey and conclusions finish the chapter. This makes the work very practical and helpful. It is indispensable material for policy makers and very important sourcebook for researchers and NGOs.' -- European Energy and Environmental Law Review 'The Political Economy of Sustainable Development: Policy Instruments and Market Mechanisms provides sweeping coverage of three crucial issues and an original approach to studying them. It is a complex and ambitious effort by a diverse team of researchers, providing many insights into what's been tried and what might be tried to address climate change, deforestation, and biodiversity loss. With this coverage, the book or sections of it, could be useful for teaching applications or for policy making, and certainly will be so for policy research.' -- J. Timmons Roberts, Journal of Comparative Policy Analysis 'Cadman and his co-authors have collected and employed data collected from over 100 surveys and 35 in-depth interviews of sustainable development experts, to bring another dimension to their comprehensive analysis of instruments employed to promote sustainable development.' -- Transnational Environmental Law 'This excellent volume provides an empirically robust, critically informed but also eminently readable interrogation of the politics and practice of sustainable development. Through a global governance and political economy lens it traverses the public and the private, and the local and the global and offers some carefully thought-through hope for a better way forward.' -- Lorraine Elliott, Australian National University, Australia and the Academic Council on the UN SystemMore details
Language
English
Place of publication
Cheltenham
United Kingdom
Target group
Professional and scholarly
Dimensions
Height: 234 mm
Width: 156 mm
ISBN-13
978-1-78347-483-7 (9781783474837)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Timothy Cadman, Institute for Ethics, Governance and Law, Griffith University, Australia, Lauren Eastwood, State University of New York at Plattsburgh, US, Federico Lopez-Casero Michaelis, Institute for Global Environmental Strategies (IGES), Japan, Tek Narayan Maraseni, University of Southern Queensland, Australia, Jamie Pittock, Australian National University, Australia and Tapan Sarker, Griffith Business School and Griffith Asia Institute, Australia
Content
Contents: Introduction: The Political Economy of Sustainable Development 1. Protection of the Atmosphere - CDM and REDD+ 2. Combating Deforestation I - FSC and PEFC 3. Combating Deforestation II - FLEGT 4. Conservation of Biological Diversity - PES and BOM 5. Comparative Analysis Conclusion Recommendations Index