Implementation of Sustainable Development Goals Through the Equimarginal Principle and Circular Economy

Konuralp Pamukcu ()
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Konuralp Pamukcu: College of Business and Information Technology, Chicago, USA, University of Phoenix, Chicago, United-States

Istanbul Journal of Economics-Istanbul Iktisat Dergisi, 2020, vol. 70, issue 2, 267-286

Abstract: Limiting global warming to 1.5o Celsius is the goal set by the Intergovernmental Panel on Climate Change for avoiding catastrophic and irreversible consequences. Time is running out quickly for humanity to reach this 1.5o Celsius goal and efficiently mitigate and adapt to the negative impacts of climate change. Climate stabilization policies and actions will determine global economic, social, political, and ecological health in the next decade. This paper analyzes the economic and environmental consequences of public policy choices related to Sustainable Development Goal (SDG) 13, Climate Action. The analysis examines how SDG 13 could be implemented more rapidly and effectively through the Equimarginal Principle and based on the principle of Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC). The paper also discusses how transitioning to a circular economy could play a significant role in achieving the SDG 13 and the objectives of the Paris Agreement.

Keywords: Sustainable development goals; Climate change; Equimarginal principle; Circular Economy (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ist:journl:v:70:y:2020:i:2:p:267-286

DOI: 10.26650/ISTJECON2020-804635

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