Increasing social resilience against climate change risks: a case of extreme climate affected countries

Purpose – Social development is the ultimate goal of every nation, and climate change is a major stumbling block. Climate Risk Index has documented several climate change events with their devastations in terms of lives lost and economic cost. This study aims to link the climate change and renewable...

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Main Authors: Xiaobing Huang, Yousaf Ali Khan, Noman Arshed, Sultan Salem, Muhammad Ghulam Shabeer, Uzma Hanif
Format: Article
Language:English
Published: Emerald Publishing 2023-04-01
Series:International Journal of Climate Change Strategies and Management
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/IJCCSM-04-2022-0051/full/pdf
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author Xiaobing Huang
Yousaf Ali Khan
Noman Arshed
Sultan Salem
Muhammad Ghulam Shabeer
Uzma Hanif
author_facet Xiaobing Huang
Yousaf Ali Khan
Noman Arshed
Sultan Salem
Muhammad Ghulam Shabeer
Uzma Hanif
author_sort Xiaobing Huang
collection DOAJ
description Purpose – Social development is the ultimate goal of every nation, and climate change is a major stumbling block. Climate Risk Index has documented several climate change events with their devastations in terms of lives lost and economic cost. This study aims to link the climate change and renewable energy with the social progress of extreme climate affected countries. Design/methodology/approach – This research used the top 50 most climate-affected countries of the decade and estimated the impact of climate risk on social progress with moderation effects of renewable energy and technology. Several competing panel data models such as quantile regression, bootstrap quantile regression and feasible generalized least square are used to generate robust estimates. Findings – The results confirm that climate hazards obstruct socioeconomic progress, but renewable energy and technology can help to mitigate the repercussion. Moreover, improved institutions enhance the social progress of nations. Research limitations/implications – Government should improve the institutional quality that enhances their performance in terms of Voice and Accountability, Political Stability and Absence of Violence, Government Effectiveness, Regulatory Quality, Rule of Law and Control of Corruption to increase social progress. In addition, society should use renewable energy instead of fossil fuels to avoid environmental degradation and health hazards. Innovation and technology also play an important role in social progress and living standards, so there should be free hand to private business research and development, encouraging research institutes and universities to come forward for innovation and research. Practical implications – The ultimate goal of all human struggle is to have progress that facilitates human beings to uplift their living standard. One of the best measures that can tell us about a nation’s progress is Social Progress Index (SPI), and one of many factors that can abruptly change it is the climate; so this study is an attempt to link the relationship among these variables and also discuss the situation where the impact of climate can be reduced. Social implications – Although social progress is an important concept of today’s economics discussion, relatively few studies are using the SPI to measure social well-being. Similarly, there is consensus about the impact of climate on people, government and crops but relatively less study about its overall impact on social progress, so this study attempts to fill the gap about the relationship between social progress and climate change. Originality/value – The main contribution of this study is the solution for the impact of climate risk. Climate risk is not in human control, and we cannot eliminate it, but we can reduce the negative impacts of climate change. Moderator impact of renewable energy decreases the negative impact of climate change, so there is a need to use more renewable energy to mitigate the bad consequences of climate on social progress. Another moderator is technology; using technology will also mitigate the negative consequences of the climate, so there is a need to facilitate technological advancement.
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spelling doaj.art-ebbe1511547b4343a1ea08776aae27542023-07-03T13:10:27ZengEmerald PublishingInternational Journal of Climate Change Strategies and Management1756-86922023-04-0115341243110.1108/IJCCSM-04-2022-0051Increasing social resilience against climate change risks: a case of extreme climate affected countriesXiaobing Huang0Yousaf Ali Khan1Noman Arshed2Sultan Salem3Muhammad Ghulam Shabeer4Uzma Hanif5School of Business, Gannan Normal University, Ganzhou, ChinaDepartment of Mathematics and Statistics, Hazara University, Mansehra, PakistanDepartment of Economics, Division of Management and Administrative Science, University of Education, Lahore, PakistanDepartment of Economics, University of Birmingham, Birmingham, UKDepartment of Economics and Statistics, University of Management and Technology, Lahore, PakistanDepartment of Economics, Forman Christian College University, Lahore, PakistanPurpose – Social development is the ultimate goal of every nation, and climate change is a major stumbling block. Climate Risk Index has documented several climate change events with their devastations in terms of lives lost and economic cost. This study aims to link the climate change and renewable energy with the social progress of extreme climate affected countries. Design/methodology/approach – This research used the top 50 most climate-affected countries of the decade and estimated the impact of climate risk on social progress with moderation effects of renewable energy and technology. Several competing panel data models such as quantile regression, bootstrap quantile regression and feasible generalized least square are used to generate robust estimates. Findings – The results confirm that climate hazards obstruct socioeconomic progress, but renewable energy and technology can help to mitigate the repercussion. Moreover, improved institutions enhance the social progress of nations. Research limitations/implications – Government should improve the institutional quality that enhances their performance in terms of Voice and Accountability, Political Stability and Absence of Violence, Government Effectiveness, Regulatory Quality, Rule of Law and Control of Corruption to increase social progress. In addition, society should use renewable energy instead of fossil fuels to avoid environmental degradation and health hazards. Innovation and technology also play an important role in social progress and living standards, so there should be free hand to private business research and development, encouraging research institutes and universities to come forward for innovation and research. Practical implications – The ultimate goal of all human struggle is to have progress that facilitates human beings to uplift their living standard. One of the best measures that can tell us about a nation’s progress is Social Progress Index (SPI), and one of many factors that can abruptly change it is the climate; so this study is an attempt to link the relationship among these variables and also discuss the situation where the impact of climate can be reduced. Social implications – Although social progress is an important concept of today’s economics discussion, relatively few studies are using the SPI to measure social well-being. Similarly, there is consensus about the impact of climate on people, government and crops but relatively less study about its overall impact on social progress, so this study attempts to fill the gap about the relationship between social progress and climate change. Originality/value – The main contribution of this study is the solution for the impact of climate risk. Climate risk is not in human control, and we cannot eliminate it, but we can reduce the negative impacts of climate change. Moderator impact of renewable energy decreases the negative impact of climate change, so there is a need to use more renewable energy to mitigate the bad consequences of climate on social progress. Another moderator is technology; using technology will also mitigate the negative consequences of the climate, so there is a need to facilitate technological advancement.https://www.emerald.com/insight/content/doi/10.1108/IJCCSM-04-2022-0051/full/pdfClimate riskSocial developmentChange resiliencePanel dataSocial progress index
spellingShingle Xiaobing Huang
Yousaf Ali Khan
Noman Arshed
Sultan Salem
Muhammad Ghulam Shabeer
Uzma Hanif
Increasing social resilience against climate change risks: a case of extreme climate affected countries
International Journal of Climate Change Strategies and Management
Climate risk
Social development
Change resilience
Panel data
Social progress index
title Increasing social resilience against climate change risks: a case of extreme climate affected countries
title_full Increasing social resilience against climate change risks: a case of extreme climate affected countries
title_fullStr Increasing social resilience against climate change risks: a case of extreme climate affected countries
title_full_unstemmed Increasing social resilience against climate change risks: a case of extreme climate affected countries
title_short Increasing social resilience against climate change risks: a case of extreme climate affected countries
title_sort increasing social resilience against climate change risks a case of extreme climate affected countries
topic Climate risk
Social development
Change resilience
Panel data
Social progress index
url https://www.emerald.com/insight/content/doi/10.1108/IJCCSM-04-2022-0051/full/pdf
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