Green economy: Private sectors’ response to climate change
The focus of this paper is to present a discussion of the role of the private sector in response to the need for climate change adaptations. The study, which was conducted through a literature review, investigates the concept of the green economy and climate change, as well as businesses’ commitment...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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John Wiley and Sons Inc.
2019
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| Subjects: | |
| Online Access: | http://umpir.ump.edu.my/id/eprint/25912/1/Green%20economy%20private%20sectors%20response%20to%20climate%20change.pdf |
| _version_ | 1796993557789147136 |
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| author | Ansah, Richard Hannis Sorooshian, Shahryar |
| author_facet | Ansah, Richard Hannis Sorooshian, Shahryar |
| author_sort | Ansah, Richard Hannis |
| collection | UMP |
| description | The focus of this paper is to present a discussion of the role of the private sector in response to the need for climate change adaptations. The study, which was conducted through a literature review, investigates the concept of the green economy and climate change, as well as businesses’ commitment to advance climate actions in ways that build resilience in vulnerable communities in developing countries. The paper calls on companies with national, regional, and/or global reach to adopt or develop strategies that improve resource efficiency, reduce greenhouse gas emissions, and reduce the loss of biodiversity. Businesses can accelerate this transition by aligning their investments with climate change adaptation opportunities, and thus, “green” the economy. In addition, green growth could be achieved through tactical public and private investments in mitigating
climate change. The paper concludes that the private sector is a key sector in addressing the challenges of vulnerable communities, and it has much to contribute to the planning, development, and implementation of climate adaptation strategies, including sector-specific expertise, technology, efficiency, financing, and entrepreneurship. Finally, some social conditions and environmental boundaries have been highlighted in this paper to attract the attention of business leaders who are trying to build initiatives and advance climate actions that will reduce socio-community risks
from climate change. Also, comprehensive initiatives and strategies have been recommended to private companies seeking to address climate vulnerabilities. |
| first_indexed | 2024-03-06T12:35:41Z |
| format | Article |
| id | UMPir25912 |
| institution | Universiti Malaysia Pahang |
| language | English |
| last_indexed | 2024-03-06T12:35:41Z |
| publishDate | 2019 |
| publisher | John Wiley and Sons Inc. |
| record_format | dspace |
| spelling | UMPir259122020-02-21T07:48:12Z http://umpir.ump.edu.my/id/eprint/25912/ Green economy: Private sectors’ response to climate change Ansah, Richard Hannis Sorooshian, Shahryar H Social Sciences (General) HC Economic History and Conditions The focus of this paper is to present a discussion of the role of the private sector in response to the need for climate change adaptations. The study, which was conducted through a literature review, investigates the concept of the green economy and climate change, as well as businesses’ commitment to advance climate actions in ways that build resilience in vulnerable communities in developing countries. The paper calls on companies with national, regional, and/or global reach to adopt or develop strategies that improve resource efficiency, reduce greenhouse gas emissions, and reduce the loss of biodiversity. Businesses can accelerate this transition by aligning their investments with climate change adaptation opportunities, and thus, “green” the economy. In addition, green growth could be achieved through tactical public and private investments in mitigating climate change. The paper concludes that the private sector is a key sector in addressing the challenges of vulnerable communities, and it has much to contribute to the planning, development, and implementation of climate adaptation strategies, including sector-specific expertise, technology, efficiency, financing, and entrepreneurship. Finally, some social conditions and environmental boundaries have been highlighted in this paper to attract the attention of business leaders who are trying to build initiatives and advance climate actions that will reduce socio-community risks from climate change. Also, comprehensive initiatives and strategies have been recommended to private companies seeking to address climate vulnerabilities. John Wiley and Sons Inc. 2019-04-24 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/25912/1/Green%20economy%20private%20sectors%20response%20to%20climate%20change.pdf Ansah, Richard Hannis and Sorooshian, Shahryar (2019) Green economy: Private sectors’ response to climate change. Environmental Quality Management, 28 (3). pp. 63-69. ISSN 1088-1913. (Published) https://doi.org/10.1002/tqem.21620 https://doi.org/10.1002/tqem.21620 |
| spellingShingle | H Social Sciences (General) HC Economic History and Conditions Ansah, Richard Hannis Sorooshian, Shahryar Green economy: Private sectors’ response to climate change |
| title | Green economy: Private sectors’ response to climate change |
| title_full | Green economy: Private sectors’ response to climate change |
| title_fullStr | Green economy: Private sectors’ response to climate change |
| title_full_unstemmed | Green economy: Private sectors’ response to climate change |
| title_short | Green economy: Private sectors’ response to climate change |
| title_sort | green economy private sectors response to climate change |
| topic | H Social Sciences (General) HC Economic History and Conditions |
| url | http://umpir.ump.edu.my/id/eprint/25912/1/Green%20economy%20private%20sectors%20response%20to%20climate%20change.pdf |
| work_keys_str_mv | AT ansahrichardhannis greeneconomyprivatesectorsresponsetoclimatechange AT sorooshianshahryar greeneconomyprivatesectorsresponsetoclimatechange |