August 28, 2017

BC3 Journal Article “Finance, energy and the decoupling: an empirical study”

This paper investigates the empirical and theoretical basis of the decoupling between energy throughput and economic growth, with a critical view of the use of the decoupling concept as a policy priority. We provide an analysis of the historical trends of the metabolic pattern of European economies over a period of 18 years focusing on the changes in energy throughput and financial assets.
August 16, 2017

BC3 Journal Article “Land markets, Property rights, and Deforestation: Insights from Indonesia”

We examine the emergence of land markets and their effects on forest land appropriation by farm households in Jambi Province, Sumatra, using micro-level data covering land use and land transactions for a period of more than 20 years (1992–2015).
August 15, 2017

BC3´s research project, EQUIVAL, one of the 5 winner of PEGASuS ( Biodiversity & Natural Assets) grant programme

BC3´s research project “Nurturing a Shift towards Equitable Valuation of Nature in the Anthropocene (EQUIVAL), one of the 5 winner of PEGASuS, Biodiversity & Natural Assets grant programme The five projects awarded funding in the first round of the Program for Early-stage Grants Advancing Sustainability Science (PEGASuS) focus on questions critical to human wellbeing – from sustainable farming to the loss of mountain biodiversity.
August 13, 2017

BC3 Journal Article “Valuation of Real Options in Crude Oil Production”

Oil producers are going through a hard period. They have a number of real options at their disposal. This paper addresses the valuation of two of them: the option to delay investment and the option to abandon a producing field.
July 24, 2017

BC3 Journal Article “The Green Climate Fund as an effective compensatory mechanism in global climate negotiations”

This paper investigates the role of the Green Climate Fund (GCF) as a potential compensating measure for both adaptation and mitigation actions under a global climate regime. A dynamic climate-economy computable general equilibrium model (GDynEP) is developed by including both a monetary valuation of climate change damage costs and two alternative methods to determine the allocation of GCF resources among receiving countries and between adaptation and mitigation contributions.
July 20, 2017

BC3 Journal Article “The effect of flooding on mental health: Lessons learned for building resilience”

Risk management and climate adaptation literature focuses mainly on reducing the impacts of, exposure to, and vulnerability to extreme events such as floods and droughts. Posttraumatic stress disorder is one of the most important impacts related to these events, but also a relatively under-researched topic outside original psychopathological contexts. We conduct a survey to investigate the mental stress caused by floods.
July 17, 2017

BC3 Journal Article “The Adaptive Marine Policy (AMP) toolbox: Supporting policy-makers developing adaptive policies in the Mediterranean and Black Sea”

Adaptive management is essential to the practical application of the Ecosystem-Based Approach (EBA). Despite there are frequent assertions that adaptive management is being used, evidence on its success is still limited. Indeed, it is difficult to bring the different elements of adaptive management together in a robust way and to choose the appropriate tools to do it.
July 5, 2017

BC3 Journal Article “Towards an indicator system to assess equitable management in protected areas”

Aichi Target 11 (AT11), adopted by 193 Parties to the Convention on Biological Diversity (CBD) in 2010, states that protected areas (PAs) must be equitably managed by 2020. However, significant challenges remain in terms of actual implementation of equitable management in PAs. These challenges include, among others, the lack of a standardized approach to assess and monitor social equity and the difficulty of reducing social equity to a series of metrics. This perspective addresses these challenges and it proposes a minimum set of ten indicators for assessing and monitoring the three dimensions of social equity in protected areas: recognition, procedure and distribution.
June 30, 2017

BC3 Journal Article “Why do some economies benefit more from climate finance than others? A case study on North-to-South financial flows”

The Copenhagen and Paris Agreements, in which developed countries committed to mobilise USD 100 billion a year by 2020, indicate that climate finance will continue to grow. Even though economic development is not the aim of climate finance, climate-related disbursements will generate an economic impact on recipient countries’ economies. This impact will also reach other countries (including climate finance donors) through induced international trade. In this paper, we apply a structural decomposition analysis to study why the economic impact of climate finance varies between countries.
June 28, 2017

BC3 Journal Article “Toward a theory of farmer conservation attitudes: Dual interests and willingness to take action to protect water quality”

Water quality in the Midwestern United States is threatened as a result of agricultural runoff. Based on self-reported data from a survey of farmers in Indiana, we aim to provide a better understanding of how awareness of water quality problems, farm-as-business attitudes, and stewardship attitudes are related to each other and willingness to improve water quality.

©2008 BC3. Basque centre for climate change – Klima aldaketa ikergai. All rights reserved.

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