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Climate change, sustainable development and risk: realizing a financial fund within the TEM model as an economic and business opportunity

Stefan Pickl
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Stefan Pickl: Universität der Bundeswehr München Faculty of Computer Science

A chapter in Economics and Management of Climate Change, 2008, pp 145-155 from Springer

Abstract: Abstract The global climate is changing, and will continue to change, in ways that affect the planning and day-to-day operations of businesses, government agencies and other organisations. The possibility of establishing a fund supporting the aims of the Kyoto Protocol is currently one of the central topics for discussion. The key questions are: how can such a fund be realized and how can it be embedded in an optimal energy management? We present a mathematical approach which is based on the Technology Emissions Means (TEM) model which was developed by the author. In addition it is shown how a fund structure can be designed. The economic and business opportunities are discussed within the framework of a climate change risk analysis.

Keywords: Climate change risk analysis; fund program; TEM model; certificates procurement management; International Monetary Fund; business intelligence (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-0-387-77353-7_11

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DOI: 10.1007/978-0-387-77353-7_11

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