Climate change, complexity, and policy design

Author:

Braunerhjelm Pontus1,Hepburn Cameron2

Affiliation:

1. KTH Royal Institute of Technology, Department of Industrial Economics and Management, Stockholm, Swedish Entrepreneurship Forum, Stockholm, and Blekinge Institute of Technology, Department of Industrial Economics , Karlskrona , Sweden

2. Smith School of Enterprise and the Environment and New College, University of Oxford , UK

Abstract

Abstract The challenges of combatting climate change are unprecedented and now very urgent. Current approaches are not working fast enough. This paper, and this journal issue, conceive of the challenge as one of non-marginal structural and institutional change. Several different conceptual frameworks and pluralist theories are considered, emanating from complexity theory, economics, natural sciences, political economy, and strategy. These are deployed to identify potential accelerators, including synergies between climate action and other key political issues, and beneficial non-linear dynamics such as shifts in consumer preferences and technology learning curves. The delays in action also mean that removing carbon dioxide from the atmosphere is now necessary, and even unconventional geoengineering approaches may need to be considered. A pluralist and practical approach to climate action, accounting for different institutional and social contexts across countries, is argued to be required to accelerate action.

Publisher

Oxford University Press (OUP)

Subject

Management, Monitoring, Policy and Law,Economics and Econometrics

Reference76 articles.

Cited by 1 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. The Challenge;International Studies in Entrepreneurship;2023-11-17

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