Green economy: Private sectors’ response to climate change

The focus of this paper is to present a discussion of the role of the private sector in response to the need for climate change adaptations. The study, which was conducted through a literature review, investigates the concept of the green economy and climate change, as well as businesses’ commitment...

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Main Authors:	Ansah, Richard Hannis, Sorooshian, Shahryar
Format:	Article
Language:	English
Published:	John Wiley and Sons Inc. 2019
Subjects:	H Social Sciences (General) HC Economic History and Conditions
Online Access:	http://umpir.ump.edu.my/id/eprint/25912/ http://umpir.ump.edu.my/id/eprint/25912/ http://umpir.ump.edu.my/id/eprint/25912/ http://umpir.ump.edu.my/id/eprint/25912/1/Green%20economy%20private%20sectors%20response%20to%20climate%20change.pdf

id	ump-25912
recordtype	eprints
spelling	ump-259122020-02-21T07:48:12Z http://umpir.ump.edu.my/id/eprint/25912/ Green economy: Private sectors’ response to climate change Ansah, Richard Hannis Sorooshian, Shahryar H Social Sciences (General) HC Economic History and Conditions The focus of this paper is to present a discussion of the role of the private sector in response to the need for climate change adaptations. The study, which was conducted through a literature review, investigates the concept of the green economy and climate change, as well as businesses’ commitment to advance climate actions in ways that build resilience in vulnerable communities in developing countries. The paper calls on companies with national, regional, and/or global reach to adopt or develop strategies that improve resource efficiency, reduce greenhouse gas emissions, and reduce the loss of biodiversity. Businesses can accelerate this transition by aligning their investments with climate change adaptation opportunities, and thus, “green” the economy. In addition, green growth could be achieved through tactical public and private investments in mitigating climate change. The paper concludes that the private sector is a key sector in addressing the challenges of vulnerable communities, and it has much to contribute to the planning, development, and implementation of climate adaptation strategies, including sector-specific expertise, technology, efficiency, financing, and entrepreneurship. Finally, some social conditions and environmental boundaries have been highlighted in this paper to attract the attention of business leaders who are trying to build initiatives and advance climate actions that will reduce socio-community risks from climate change. Also, comprehensive initiatives and strategies have been recommended to private companies seeking to address climate vulnerabilities. John Wiley and Sons Inc. 2019-04-24 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/25912/1/Green%20economy%20private%20sectors%20response%20to%20climate%20change.pdf Ansah, Richard Hannis and Sorooshian, Shahryar (2019) Green economy: Private sectors’ response to climate change. Environmental Quality Management, 28 (3). pp. 63-69. ISSN 1088-1913 https://doi.org/10.1002/tqem.21620 https://doi.org/10.1002/tqem.21620
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Pahang
building	UMP Institutional Repository
collection	Online Access
language	English
topic	H Social Sciences (General) HC Economic History and Conditions
spellingShingle	H Social Sciences (General) HC Economic History and Conditions Ansah, Richard Hannis Sorooshian, Shahryar Green economy: Private sectors’ response to climate change
description	The focus of this paper is to present a discussion of the role of the private sector in response to the need for climate change adaptations. The study, which was conducted through a literature review, investigates the concept of the green economy and climate change, as well as businesses’ commitment to advance climate actions in ways that build resilience in vulnerable communities in developing countries. The paper calls on companies with national, regional, and/or global reach to adopt or develop strategies that improve resource efficiency, reduce greenhouse gas emissions, and reduce the loss of biodiversity. Businesses can accelerate this transition by aligning their investments with climate change adaptation opportunities, and thus, “green” the economy. In addition, green growth could be achieved through tactical public and private investments in mitigating climate change. The paper concludes that the private sector is a key sector in addressing the challenges of vulnerable communities, and it has much to contribute to the planning, development, and implementation of climate adaptation strategies, including sector-specific expertise, technology, efficiency, financing, and entrepreneurship. Finally, some social conditions and environmental boundaries have been highlighted in this paper to attract the attention of business leaders who are trying to build initiatives and advance climate actions that will reduce socio-community risks from climate change. Also, comprehensive initiatives and strategies have been recommended to private companies seeking to address climate vulnerabilities.
format	Article
author	Ansah, Richard Hannis Sorooshian, Shahryar
author_facet	Ansah, Richard Hannis Sorooshian, Shahryar
author_sort	Ansah, Richard Hannis
title	Green economy: Private sectors’ response to climate change
title_short	Green economy: Private sectors’ response to climate change
title_full	Green economy: Private sectors’ response to climate change
title_fullStr	Green economy: Private sectors’ response to climate change
title_full_unstemmed	Green economy: Private sectors’ response to climate change
title_sort	green economy: private sectors’ response to climate change
publisher	John Wiley and Sons Inc.
publishDate	2019
url	http://umpir.ump.edu.my/id/eprint/25912/ http://umpir.ump.edu.my/id/eprint/25912/ http://umpir.ump.edu.my/id/eprint/25912/ http://umpir.ump.edu.my/id/eprint/25912/1/Green%20economy%20private%20sectors%20response%20to%20climate%20change.pdf
first_indexed	2023-09-18T22:40:02Z
last_indexed	2023-09-18T22:40:02Z
_version_	1777416853154430976

Green economy: Private sectors’ response to climate change

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