The Effect of Green Investments in an Agent-Based Climate-Economic Model

Geisendorf, Sylvie; Klippert, Christian

doi:10.1007/s10666-017-9549-3

Cited by 8 publications

(7 citation statements)

References 59 publications

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“…Green growth can be stimulated by increased fiscal spending on public goods, government expenditures on education, increased spending on R&D and innovation process (Lin, Zhu, 2019), substantial financial resources (Mohamed et al, 2014), environmental regulations, support for technology policies and consumer-awareness programs (Holroyd, 2014), market building and the effective workings of the market system (Wanner, 2015), development of infrastructure (Li et al, 2015), fossil fuel scarcity (De Cian et al, 2016), increased technological innovation and efficiency accompanied by foreign direct investments (Nasir et al, 2019), adoption of environmentally friendly technologies (Hille et al, 2019), creation of new, environmentally friendly industries (Dornan et al 2018), local capabilities (including technologies, institutions, skills) or single sector (Capasso et al, 2019), subsidies and tax incentive policies (Chang et al, 2020), creation of a favourable environment for long-term green investment (Guo et al, 2018;Adeel-Farooq et al, 2018;Geisendorf, Klippert, 2017), building a green finance system , economic openness and R&D scale (Song et al, 2019), growth of a green bond market (Elliott, Zhang, 2019;Ngwenya, Simatele, 2020).…”

Section: Bergius Et Al 2018mentioning

confidence: 99%

Green growth assessment discourse on evaluation indices in the European Union

Šneiderienė¹,

Viederytė²,

Abele³

2020

JESI

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Investigating green growth is a continuing scientific concern within academia, governments, and international organizations in recent years. This paper analyzes the discourse on green growth assessment methods. There are three primary aims of this study: 1. To identify factors influencing or stimulating green growth. 2. To analyze sets, frameworks, and indices of green growth indicators designed by international organizations and scientists. 3. To develop the Green Growth evaluation Index and to validate it on the assessment of green growth status of the European Union countries. The methodological approach taken in this study is a mixed methodology based on data analysis, generalization, and index assessment. The study offers important insights into the discourse on green growth evaluation, analyzes green growth measurement tools, and provides the Green Growth Index which can be applied to evaluate green growth in developing and developed countries. Secondary data have been collected from Eurostat, the World Bank databases, and UNDP Human Development Reports for the year 2018. The results show that green growth is uneven in the European countries; the Green Growth Index and all three pillars vary between countries due to the fact that several countries lag behind all the indicators included in the Green Growth Index.

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Section: Bergius Et Al 2018mentioning

confidence: 99%

Green growth assessment discourse on evaluation indices in the European Union

Šneiderienė¹,

Viederytė²,

Abele³

2020

JESI

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“…Other models using genetic-algorithms to model the evolutionary dynamics in climate-economics are Janssen et al (2004) or Janssen et al (2000). The original 'battle of perspectives' model has been updated and extended to include more agent types or a different understanding of climate expenditures as green investments by Geisendorf (2016Geisendorf ( , 2017 and Geisendorf and Klippert (2017). Another climateeconomic model addressing policies for an endogenous climate change resulting from heterogeneous agent behaviour is by Nannen et al (2013).…”

Section: Introductionmentioning

confidence: 99%

Integrated sustainability policy assessment – an agent-based ecological-economic model

Geisendorf

Klippert

2022

J Evol Econ

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The paper proposes an agent-based evolutionary ecological-economic model that captures the link between the economy and the ecosystem in a more inclusive way than standard economic optimization models do. We argue that an evolutionary approach is required to understand the integrated dynamics of both systems, i.e. micro–macro feedbacks. In the paper, we illustrate that claim by analyzing the non-triviality of finding a sustainability policy mix as a use case for such a coupled system. The model has three characteristics distinguishing it from traditional environmental and resource economic models: (1) it implements a multi-dimensional link between the economic and the ecological system, considering side effects of production, and thus combines the analyses of environmental and resource economics; (2) following literature from biology, it uses a discrete time approach for the biological resource allowing for the whole range of stability regimes instead of artificially stabilizing the system, and (3) it links this resource system to an evolving, agent-based economy (on the basis of a Nelson-Winter model) with bounded rational decision makers instead of the standard optimization model. The policy case illustrates the relevance of the proposed integrated assessment as it delivers some surprising results on the effects of combined and consecutively introduced policies that would go unnoticed in standard models.

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“…The 2008 Beijing Olympic Games not only promoted the economic development of various industries (Kang et al, 2017;Ogunyele et al, 2018), but also improved the urban ecological environment. On the occasion of the Olympics Games, Beijing municipal government carried out environmental protection activities such as increasing green areas, reducing emissions and pollution to further promote ecological development (Geisendorf and Klippert, 2017;Khanchoul et al, 2018). A report delivered at the 19th National Congress stated that we must realize that lucid waters and lush mountains are invaluable assets and we should have a strong commitment to socialist ecological civilization and work to develop a new model of modernization with humans developing in harmony with nature.…”

Section: Introductionmentioning

confidence: 99%

Evaluation of Ecological Civilization Development in the Post-Olympic Times

Yang¹

2019

Appl. Ecol. Env. Res.

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As a major sport event attracting global attention, the Olympic Games reflect the overall national strength, and highlight the international influence and competitiveness of the host country. As the competitive events have a requirement for the environment of the host country, which is a good opportunity to improve the ecological civilization of the host country. Beijing 2008 Olympic Games has played an important role in improving the ecological environment of Beijing. With the approaching of the Winter Olympics in 2022, we have ushered in new opportunities to promote the construction of Beijing's ecological civilization. Taking Beijing's ecological civilization as the research subject, we construct the evaluation index system of the index of ecological civilization, and use the coefficient of variation method to determine the weight of the index. It evaluates Beijing's ecological civilization from five aspects: growth quality, environmental protection, environmental quality, resource utilization and environmental governance. It is concluded that the index of Beijing's ecological civilization is on the rise as a whole. It has a significant impact on the construction of ecological civilization, and the measures taken by the government are ready for the successful hosting of the 2022 Winter Olympic Games.

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The Effect of Green Investments in an Agent-Based Climate-Economic Model

Cited by 8 publications

References 59 publications

Green growth assessment discourse on evaluation indices in the European Union

Green growth assessment discourse on evaluation indices in the European Union

Integrated sustainability policy assessment – an agent-based ecological-economic model

Evaluation of Ecological Civilization Development in the Post-Olympic Times

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