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Risk governance and the low-carbon transition

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Marie-Valentine Renée Agnès Florin
2021

Abstract

This IRGC policy brief focuses on the risks associated with the transition to a low-carbon society and economy. It is based on a multi-stakeholder expert workshop held in September 2020. It incorporates views and insights from academia, industry, non-governmental organizations and policy-making institutions.

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https://infoscience.epfl.ch/entities/publication/300154ee-6600-4cd3-a7a0-c4ee80bb3379

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Related concepts (16)

Low-carbon economy

A low-carbon economy (LCE) or decarbonised economy is an economy based on energy sources that produce low levels of greenhouse gas (GHG) emissions. GHG emissions due to human activity are the dominant cause of observed climate change since the mid-20th century. Continued emission of greenhouse gases will cause long-lasting changes around the world, increasing the likelihood of severe, pervasive, and irreversible effects for people and ecosystems.

A carbon tax is a tax levied on the carbon emissions required to produce goods and services. Carbon taxes are intended to make visible the "hidden" social costs of carbon emissions, which are otherwise felt only in indirect ways like more severe weather events. In this way, they are designed to reduce greenhouse gas emissions by increasing prices of the fossil fuels that emit them when burned. This both decreases demand for goods and services that produce high emissions and incentivizes making them less carbon-intensive.

Non-governmental organization

A non-governmental organization (NGO) or non-governmental organisation (see spelling differences) is an organization that generally is formed independent from government. They are typically nonprofit entities, and many of them are active in humanitarianism or the social sciences; they can also include clubs and associations that provide services to their members and others. NGOs can also be lobby groups for corporations, such as the World Economic Forum.

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