Current Problems of the Global Environmental Economy Under the Conditions of Climate Change and the Perspectives of Sustainable Development

This book presents a systemic view of the global environmental economy under the conditions of climate change from the positions of Sustainable Development Goals. The purpose of the book is to study the current problems of the global environmental economy under the conditions of climate change and to determine the prospects of its sustainable development (systemic support for the SDGs). This goal predetermines the logic and structure of the book, which is comprised of five parts. Part I presents the authors’ novel view of the global environmental economy under the conditions of climate change from the positions of the SDGs. It reflects the contradiction and describes the path of preserving economic growth during the implementation of SDG 13. The COVID-19 pandemic and economic crisis are considered as the result of the reduction of biodiversity under the conditions of climate change from the positions of SDG 3. Responsible innovations, eco-friendly products, and green trade are presented as trends of the environmental economy under the conditions of climate change to support SDG 12. Green jobs are analyzed in the environmental economy under the conditions of climate change during the implementation of SDG 8. The significance of social inclusivity and reduction of the inequality of the environmental economy under the conditions of climate change to support SDG 10 is noted. Part II elaborates on the sectoral specifics of the influence of climate change on the environmental economy: energetics, finance, industry, state management, and agriculture. Part III presents and discusses the international experience of development of the environmental economy under the conditions of climate change given the specifics of developed and developing countries and based on the case experience of Central Asia, the EAEU, and Russia. In Part IV, technological transition (Fourth Industrial Revolution) is offered as a perspective response of the global economic policy to climate change. Scenarios of the fight against climate change in the Decade of Action depending on the scale of the technological transition are described: digital economy vs Industry 4.0 and Society 5.0. The perspectives of the technological transition at the level of companies (creation of cyber-physical systems of Industry 4.0; green digital innovations and smart ESG finance) and regions (smart region as a socio-economic environment with large adaptability to climate change) are described.

Prof. Dr. Elena G. Popkova, Doctor of Economics, is Founder and President of the Institute of Scientific Communications (Volgograd, Russia) and Leading Researcher of the Center for applied research of the chair “Economic Policy and Public-Private Partnership” of the Moscow State Institute of International Relations (MGIMO University), Moscow, Russia. He is Author of more than 188 publications in Scopus (h index: 31), Editor of more than 50 books and a large number of special issues of international peer-reviewed scientific journals, Member of the editorial board of the International Journal of Economic Policy in Emerging Economies and the International Journal for Quality Research, and Recipient of Highly Commended Paper Award for the journal On the Horizon for 2020 (Emerald). Elena G. Popkova is in the Scopus top 2% of most-cited scholars of the world in 2019-2021. Scopus id: 55671568200; ORCID: 0000-0003-2136-2767

Prof. Dr. Bruno S. Sergi teaches at Harvard University’s Extension School on the economics of emerging markets and is Affiliated Faculty of Harvard Institute for Quantitative Social Science. He is Associate Editor of The American Economist and his longstanding research interests center on the economics of emerging markets. He teaches international economics at the University of Messina and is Scientific Director of the International Center for Emerging Markets Research at RUDN University, Moscow. Since 2009, he has coached two networks of trade-union economic experts: the SEE TUs Economic Experts’ Network and the NIS TUs Economic Experts’ Network, both of which are under the framework of the Pan-European Regional Council of the International Trade Union Confederation. He is Editor-in-Chief of the following journals: International Journal of Economic Policy in Emerging Economies; International Journal of Monetary Economics and Finance; International Journal of Trade and Global Markets. Scopus id: 35369323900; ORCID: 0000-0002-5050-5651