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Diversification and Cooperation in a Decarbonizing World

This book is the first stocktaking of what the decarbonization of the world economy means for fossil fuel–dependent countries. These countries are the most exposed to the impacts of global climate policies and, at the same time, are often unprepared to manage them. They depend on the export of o...

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Principais autores: van der Mensbrugghe, Dominique, Peszko, Grzegorz, Ward, John, Golub, Alexander, Zenghelis, Dimitri, Marijs, Cor, Schopp, Anne, Rogers, John A., Midgley, Amelia
Formato: Online
Publicado em: Washington, DC: World Bank 2020
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Acesso em linha:https://documents.worldbank.org/en/publication/documents-reports/documentdetail/469241593746087038/diversification-and-cooperation-in-a-decarbonizing-world-climate-strategies-of-fossil-fuel-dependent-countries
https://hdl.handle.net/10986/34011
https://doi.org/10.1596/978-1-4648-1340-5
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author van der Mensbrugghe, Dominique
Peszko, Grzegorz
Ward, John
Golub, Alexander
Zenghelis, Dimitri
Marijs, Cor
Schopp, Anne
Rogers, John A.
Midgley, Amelia
author_facet van der Mensbrugghe, Dominique
Peszko, Grzegorz
Ward, John
Golub, Alexander
Zenghelis, Dimitri
Marijs, Cor
Schopp, Anne
Rogers, John A.
Midgley, Amelia
author_sort van der Mensbrugghe, Dominique
collection Colección Libros - Series (activas)
description This book is the first stocktaking of what the decarbonization of the world economy means for fossil fuel–dependent countries. These countries are the most exposed to the impacts of global climate policies and, at the same time, are often unprepared to manage them. They depend on the export of oil, gas, or coal; the use of carbon-intensive infrastructure (for example, refineries, petrochemicals, and coal power plants); or both. Fossil fuel–dependent countries face financial, fiscal, and macro-structural risks from the transition of the global economy away from carbon-intensive fuels and the value chains based on them. This book focuses on managing these transition risks and harnessing related opportunities. Diversification and Cooperation in a Decarbonizing World identifies multiple strategies that fossil fuel–dependent countries can pursue to navigate the turbulent waters of a low-carbon transition. The policy and investment choices to be made in the next decade will determine these countries’ degree of exposure and overall resilience. Abandoning their comfort zones and developing completely new skills and capabilities in a time frame consistent with the Paris Agreement on climate change is a daunting challenge and requires long-term revenue visibility and consistent policy leadership. This book proposes a constructive framework for climate strategies for fossil fuel–dependent countries based on new approaches to diversification and international climate cooperation. Climate policy leaders share responsibility for creating room for all countries to contribute to the goals of the Paris Agreement, taking into account the specific vulnerabilities and opportunities each country faces.
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spelling wb-10986-340112025-04-15T11:09:01Z Diversification and Cooperation in a Decarbonizing World Climate Strategies for Fossil Fuel-Dependent Countries van der Mensbrugghe, Dominique Peszko, Grzegorz Ward, John Golub, Alexander Zenghelis, Dimitri Marijs, Cor Schopp, Anne Rogers, John A. Midgley, Amelia CARBON POLICY LOW CARBON DEVELOPMENT DECARBONIZATION CLIMATE CHANGE CLIMATE RISK OIL AND GAS STATE-OWNED ENTERPRISES INTERNATIONAL CLIMATE NEGOTIATIONS PARIS AGREEMENT This book is the first stocktaking of what the decarbonization of the world economy means for fossil fuel–dependent countries. These countries are the most exposed to the impacts of global climate policies and, at the same time, are often unprepared to manage them. They depend on the export of oil, gas, or coal; the use of carbon-intensive infrastructure (for example, refineries, petrochemicals, and coal power plants); or both. Fossil fuel–dependent countries face financial, fiscal, and macro-structural risks from the transition of the global economy away from carbon-intensive fuels and the value chains based on them. This book focuses on managing these transition risks and harnessing related opportunities. Diversification and Cooperation in a Decarbonizing World identifies multiple strategies that fossil fuel–dependent countries can pursue to navigate the turbulent waters of a low-carbon transition. The policy and investment choices to be made in the next decade will determine these countries’ degree of exposure and overall resilience. Abandoning their comfort zones and developing completely new skills and capabilities in a time frame consistent with the Paris Agreement on climate change is a daunting challenge and requires long-term revenue visibility and consistent policy leadership. This book proposes a constructive framework for climate strategies for fossil fuel–dependent countries based on new approaches to diversification and international climate cooperation. Climate policy leaders share responsibility for creating room for all countries to contribute to the goals of the Paris Agreement, taking into account the specific vulnerabilities and opportunities each country faces. 2020-06-30T19:11:44Z 2020-06-30T19:11:44Z 2020-07-02 Book Livre Libro https://documents.worldbank.org/en/publication/documents-reports/documentdetail/469241593746087038/diversification-and-cooperation-in-a-decarbonizing-world-climate-strategies-of-fossil-fuel-dependent-countries 978-1-4648-1340-5 https://hdl.handle.net/10986/34011 10.1596/978-1-4648-1340-5 https://doi.org/10.1596/978-1-4648-1340-5 Climate Change and Development CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf application/pdf Washington, DC: World Bank
spellingShingle CARBON POLICY
LOW CARBON DEVELOPMENT
DECARBONIZATION
CLIMATE CHANGE
CLIMATE RISK
OIL AND GAS
STATE-OWNED ENTERPRISES
INTERNATIONAL CLIMATE NEGOTIATIONS
PARIS AGREEMENT
van der Mensbrugghe, Dominique
Peszko, Grzegorz
Ward, John
Golub, Alexander
Zenghelis, Dimitri
Marijs, Cor
Schopp, Anne
Rogers, John A.
Midgley, Amelia
Diversification and Cooperation in a Decarbonizing World
title Diversification and Cooperation in a Decarbonizing World
title_full Diversification and Cooperation in a Decarbonizing World
title_fullStr Diversification and Cooperation in a Decarbonizing World
title_full_unstemmed Diversification and Cooperation in a Decarbonizing World
title_short Diversification and Cooperation in a Decarbonizing World
title_sort diversification and cooperation in a decarbonizing world
topic CARBON POLICY
LOW CARBON DEVELOPMENT
DECARBONIZATION
CLIMATE CHANGE
CLIMATE RISK
OIL AND GAS
STATE-OWNED ENTERPRISES
INTERNATIONAL CLIMATE NEGOTIATIONS
PARIS AGREEMENT
url https://documents.worldbank.org/en/publication/documents-reports/documentdetail/469241593746087038/diversification-and-cooperation-in-a-decarbonizing-world-climate-strategies-of-fossil-fuel-dependent-countries
https://hdl.handle.net/10986/34011
https://doi.org/10.1596/978-1-4648-1340-5
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