Decision Making For The Net Zero Transformation Considerations And New Methodological Approaches

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Special edition compiled in partnership with Frontiers sponsored by the Clean Air Task Force. The realisation of Net Zero by 2050 will require the ability for strategy developers, operational planners and decision makers to better manage uncertainty, complexity and emergence. The application of the orthodox set of decision support tools and processes that have been used to explore deep decarbonisation options to 2050 have blinded decision makers to uncertainty, complexity and emergence. Tools have often been used which are inappropriate to the types of decisions being made – a competency which has been glaringly revealed during the C-19 Pandemic. This Frontiers Research Topic will highlight the need for an interdisciplinary, mixed methods approach bringing together insights from modelling, decision science, psychology, anthropology, and sociology to form a compendium of current best practice for decision making for the net zero transformation and new research frontiers. Develop greater awareness amongst policymakers, practitioners and academics as to the importance of: • Understanding the nature of uncertainty when dealing with problems associated with the Net Zero Energy System Transformation; • Increasing importance of deliberative processes to map different value sets beyond least cost; • Acknowledging that decision making under uncertainty requires competency-based training leading to a full appreciation of the tasks at hand. Suggested areas within scope are listed in points 1-12 below. Authors are free to choose specific areas of interest, and to combine these where useful. In general, it will be useful to consider practical application of [ideas], e.g • development of `Use Cases’ and `Decision Making Contexts’ may be useful, e.g. National Govt establishing its Carbon Budget; Institution setting up its investment portfolio. • understanding of how decisions are being made within different jurisdictions, political cultures, and types of organizations (public/private). What is the role of `Decision Context' i.e. organisational decision-making structures, cultures, the role of zeitgeist and dominant narratives, or the relation between academic expertise and policy-makers. 1. Decision making from an end-to-end perspective and the need to take a holistic and interdisciplinary perspective [Editorial Cover Article]. 2. Gap between what policy makers and decision makers around net zero climate policy seek to address and what decision support tools can actually do. Why that gap is increasing (if it is)? 3. Understanding the nature of uncertainty when applying the relevant decision support tool and processes. Not all uncertainty can be addressed within the decision support tool itself. Role of optimism bias; potential role of least worst regret approaches etc 4. What different decision support tools can inform decision makers around net zero climate policy and need for a basket of tools. 5. Why parametric decision support tools and models are pre-eminent - the role of consolidative modelling and exploratory modelling. The inertia of modelling approaches: why it is so hard to break modelling paradigms? 6. What decision science informs us about how decisions are actually made - the importance of process, the role of transparency and deliberation with analysis. 7. Processes that address the biases identified in decision science and impact of identity politics on deliberative decision making. 8. Why decision making under deep uncertainty requires competency-based training, deep subject matter expertise and systemic knowledge. 9. Ministerial and policy making and the decision support requirements: US, EU, UK & China 10. The role of narratives and how uncertainty can be communicated to societal audiences. Storylines and other narrative approaches 11. How to develop participatory approaches allow multiple values, diversity of stakeholders in which climate communication and decision making exists in an iterative exchange with policy. We have started the journey e.g. the role of climate assemblies… what next? 12. Decision making under deep (climate) uncertainty by the financial sector We acknowledge the funding of the manuscripts published in this Research Topic by the Clean Air Task Force. We hereby state publicly that the Clean Air Task Force has had no editorial input in articles included in this Research Topic, thus ensuring that all aspects of this Research Topic are evaluated objectively, unbiased by any specific policy or opinion of the Clean Air Task Force.

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Genre : Science
Author : Mark Workman
Publisher : Frontiers Media SA
Release : 2024-02-01
File : 154 Pages
ISBN-13 : 9782832544099


Systems Engineering

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People want to create a better world and planet; however, where, and how to start remains the question. Systems Engineering’s problem-solving methodology can help with its ability to answer multiple questions along with connecting actions and impacts. This book uses the Systems Engineering problem-solving methodology to frame how each answer impacts the planet when multiple actions are strung together no matter where they take place. Systems Engineering: Influencing Our Planet and Reengineering Our Actions illustrates a hierarchical Systems Engineering view of the world with each individual in mind as a link in the chain. It uses an Industrial Engineering framework for action implementations and identifies humans’ interconnected actions. The book discusses the implementation of the Systems Engineering problem-solving methodology and leverages existing concepts of environmental sustainability. A template is present for personal actions for environment social responsibility using a Systems Engineering problem-solving approach and focuses on the foundational use of the trademarked DEJI Systems Model® for action design, evaluation, justification, and integration. This book is a perfect read for all academic disciplines and all engineering fields, as well as business and management fields. It reminds us of the Environmental Foundation of NAE’s 14 Grand Challenges and the part we can play.

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Genre : Science
Author : Adedeji B. Badiru
Publisher : CRC Press
Release : 2023-09-06
File : 232 Pages
ISBN-13 : 9781000934502


Green Finance And Investment Oecd Guidance On Transition Finance Ensuring Credibility Of Corporate Climate Transition Plans

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This guidance sets out elements of credible corporate climate transition plans, which aim to align with the temperature goal of the Paris Agreement. Such plans are needed to address the growing risk of greenwashing in transition finance and facilitate a global, whole-of-economy climate transition.

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Author : OECD
Publisher : OECD Publishing
Release : 2022-10-03
File : 113 Pages
ISBN-13 : 9789264820593


Climate Change And Safety In High Risk Industries

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Genre :
Author : Corinne Bieder
Publisher : Springer Nature
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File : 100 Pages
ISBN-13 : 9783031569951


Urban Planning And Real Estate Transformations For The Future

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This book presents fresh ways of thinking about the future for all those involved in conceiving, planning, designing, funding, constructing, occupying and managing the built environment, to face the challenges, and grasp the opportunities, that lie ahead over the next few decades. Four major themes form the basis of the volume: (1) Future Awareness and a New Sense of Place. (2) Global Governance and Anticipatory Leadership. (3) Innovation, Reform and Exemplars. (4) Urban Planning and Real Estate Transformations. Within these structural themes are a diverse range of 'Discourses' addressing many of the big questions and driving forces that face us, together with a proposed methodology (Strategic Foresight) and an array of practical illustrations viewing what can be done today – whether by organisations, individuals, cities or communities – to positively shape a preferred future and manipulate us towards achieving it. It will be important reading for students, practitioners, agencies and corporations across the built environment, especially in the fields of urban planning, real estate development, architecture, civil engineering and construction.

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Genre : Architecture
Author : John Ratcliffe
Publisher : Taylor & Francis
Release : 2023-07-31
File : 289 Pages
ISBN-13 : 9781000903973


Climate Change Enterprise Risk Management

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Develop and execute a resilient climate change enterprise risk strategy that can be tailored to any organization with this essential guide for risk professionals and business leaders. Climate Change Enterprise Risk Management equips readers with a practical roadmap for how organizations can integrate climate change into their enterprise risk strategy. It offers guidance on how to secure a robust framework that can identify and manage climate threats and opportunities for a business, how to increase the visibility of climate risk management activities at board level, and how and when to implement techniques such as thresholds, mitigation strategies, monitoring capabilities and risk appetite metrics. The book covers both existing best practice risk management tools and how they can be adapted for climate enterprise risk management as well as new interdisciplinary tools like stakeholder mapping. Climate Change Enterprise Risk Management is richly supported by global examples, interviews and case studies representing a wide range of companies and industries including the insurance, finance, infrastructure, oil and gas, legal and auditing sectors. This is a must-read for all risk professionals and business leaders involved in developing and executing enterprise risk management and strategy. It will also be valuable reading for students taking modules on enterprise risk management and climate change, sustainable business and risk management.

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Genre : Business & Economics
Author : Martin Massey
Publisher : Kogan Page Publishers
Release : 2022-12-03
File : 433 Pages
ISBN-13 : 9781398608719


Insurance Climate Change And The Law

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The insurance industry has found itself at the front line of climate change challenges, providing insurance cover in relation to risks associated with climate change. As risk carriers, insurers pay claims for climate change related losses – such as property damage caused by windstorms, flooding, and wildfires – which have been increasing in frequency and severity. As major institutional investors, insurance companies invest in assets that may be increasingly vulnerable to climate risks. Insurance regulators across the globe have therefore started to require insurance companies to identify, manage, and report on climate change risks that could pose a threat to their financial stability. However, managing and reporting on the effect of climate risk on an insurer’s balance sheet is an inward-looking perspective that does not stem climate change. It needs to be paired with an outward-looking perspective that takes account of the insurance industry’s impact on the environment and the insurance industry’s capacity to influence what policyholders, investee enterprises, and other business partners do to address climate change challenges. For the insurance industry, the key components of positive outward impact are ‘impact underwriting’ and ‘impact investment.’ This book sets out the current legal and regulatory landscape for impact underwriting and impact investment. Whilst the focus of research and regulatory interventions to date has been on inward impact, in this book it will be argued that, to take positive climate action that supports the Paris Agreement goals and the national and international Net Zero targets, the debate should now move on to considering the positive outward impact the insurance industry can make and how we can create a legal environment to facilitate this. The book puts forward the case for a new vision of the role of the insurance industry as climate action enablers and makes proposals for insurance products and risk transfer and loss resilience structures that can support policyholders in their transition to a Net Zero economy. The audience for this book will include legal practitioners, insurance industry professionals, financial and insurance regulators, policymakers, and interested academics.

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Genre : Law
Author : Franziska Arnold-Dwyer
Publisher : Taylor & Francis
Release : 2024-03-29
File : 259 Pages
ISBN-13 : 9781003860211


Artificial Intelligence Blockchain Computing And Security Volume 1

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This book contains the conference proceedings of ICABCS 2023, a non-profit conference with the objective to provide a platform that allows academicians, researchers, scholars and students from various institutions, universities and industries in India and abroad to exchange their research and innovative ideas in the field of Artificial Intelligence, Blockchain, Computing and Security. It explores the recent advancement in field of Artificial Intelligence, Blockchain, Communication and Security in this digital era for novice to profound knowledge about cutting edges in artificial intelligence, financial, secure transaction, monitoring, real time assistance and security for advanced stage learners/ researchers/ academicians. The key features of this book are: Broad knowledge and research trends in artificial intelligence and blockchain with security and their role in smart living assistance Depiction of system model and architecture for clear picture of AI in real life Discussion on the role of Artificial Intelligence and Blockchain in various real-life problems across sectors including banking, healthcare, navigation, communication, security Explanation of the challenges and opportunities in AI and Blockchain based healthcare, education, banking, and related industries This book will be of great interest to researchers, academicians, undergraduate students, postgraduate students, research scholars, industry professionals, technologists, and entrepreneurs.

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Genre : Computers
Author : Arvind Dagur
Publisher : CRC Press
Release : 2023-10-23
File : 1278 Pages
ISBN-13 : 9781003845850


Empowering Women In The Transition Towards Green Growth In Greece

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Gender equality and environmental sustainability are gaining political momentum as global challenges that require urgent action at the national and international levels. Both figure prominently, albeit with limited interlinkages, in the United Nations Agenda 2030, and gender equality considerations are slowly making their way into international environmental and climate commitments.

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Genre :
Author : OECD
Publisher : OECD Publishing
Release : 2022-07-11
File : 91 Pages
ISBN-13 : 9789264400764


Multiple Criteria Decision Making

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This book presents a broad range of innovative applications and case studies in all areas of management and engineering, including public administration, finance, marketing, engineering, transportation, and energy systems. It addresses issues related to problem structuring, preference modeling, and model construction, presenting a framework that provides clear decision-making support in practice. In addition, it includes hybrid and integrated techniques combining multiple criteria decision making (MCDM) with other analytical methods. The book reflects the growing impact of MCDM in the field of management science and operations research. Building on recent and established theoretical advances and presenting their applications in specific domains, it offers a comprehensive resource for researchers, graduate students and professionals alike.

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Genre : Business & Economics
Author : Constantin Zopounidis
Publisher : Springer
Release : 2016-09-08
File : 218 Pages
ISBN-13 : 9783319392929