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21. Sustainable Energy through Green bonds in India

Author:
Olaf Weber and Vasundhara Saravade
Publication Date:
07-2020
Content Type:
Working Paper
Institution:
Gateway House: Indian Council on Global Relations
Abstract:
India’s energy future needs to be low-carbon, climate-resilient and protected against price fluctuation. It can meet these needs by investing in Canadian oil companies, given the country’s political stability and rule of law. India can also attract greater foreign direct investment at home through the issuance of green bonds, a climate finance debt instrument that addresses environmental and climate-related challenges. This paper explores the regulatory perspective of the green bond market.
Topic:
Climate Change, Energy Policy, Foreign Direct Investment, Rule of Law, and Renewable Energy
Political Geography:
South Asia, Canada, India, and North America

22. The Just Transition in Energy

Author:
Ian Goldin
Publication Date:
12-2020
Content Type:
Working Paper
Institution:
Center on International Cooperation
Abstract:
With each new year of data, and each new intergovernmental report, it becomes harder to deny the scale and urgency of the energy transition required to prevent catastrophic anthropogenic climate change. The Intergovernmental Panel on Climate Change urges countries to take action to prevent a rise in temperature by more than 1.5°C, and warns of catastrophic consequences of a rise above 2°C. Yet current policies and pledges fall far short of hitting these targets. Worse, since harmful climate change is caused by the stock of carbon in the atmosphere, the longer we delay measures to limit the flow of new carbon into the atmosphere, the more drastic those measures will have to be. This uneven distribution of threat and responsibility raises difficult questions. Developed countries are generally more advanced in their transition to renewables, which means that some of the cheapest opportunities to reduce emissions are in developing countries. Yet the fact remains that developed countries are responsible for a larger share of historic emissions—and developing countries may have a right to pursue development unhindered, as developed countries did in earlier decades. There are therefore several elements of the “just transition” in energy. The world needs to transition to cleaner energy, and the developing world needs to keep developing, all while supporting the countries and communities that bear the highest costs of mitigation measures—and supporting those areas already beginning to feel the negative effects of climate change. This report will outline the key challenges and opportunities and conclude with a series of practical steps available to policymakers.
Topic:
Climate Change, Energy Policy, International Security, Crisis Management, and Inclusion
Political Geography:
China, Europe, South Asia, Middle East, India, East Asia, South Africa, Latin America, West Africa, United States of America, and Sub-Saharan Africa

23. State-led Responses to the Indian Energy Challenge: Infrastructure Expenditure, Central Public Sector Enterprises and Electrification

Author:
José Eduardo Cassiolato, Maria Gabriela von Bochkor Podcameni, Elisa Possas Gomes, and Manuel Gonzalo
Publication Date:
03-2019
Content Type:
Research Paper
Institution:
BRICS Policy Center
Abstract:
In the 21st century, economic growth, increasing urbanization, demographic expansion, and advances in electrification as important drivers of energy demand have put significant pressure on the Indian energy landscape. Indeed, energy infrastructure problems are a major hindrance to India’s economic growth. The central objective of this paper is to present and analyze some of the main State-led policy efforts that have been put in place to address India’s energy challenge. In particular, we examine three main types of state-led energy policy in India: a) infrastructure expenditure, b) Central Public Sector Enterprises (CPSEs) investments and Research and Development (R&D) strategies, and c) electrification. Firstly, we present and examine current data on the role of the state in the development of India’s energy sector. Secondly, we provide a nuanced examination of the role of public-private relations in India’s energy sector, especially in contrast to the widespread advancement of the neoliberal agenda in the country recent years. We conclude that the Indian State has fostered an increasing participation of the private sector in infrastructure, especially in renewable energies in which PPPs type of procurement have been more relevant. CPSEs’ expenditure in R&D has been of main importance in oil as well as in power. However, most of them tend to adapt foreign technologies instead of balancing foreign technologies with domestic technological efforts. Therefore, a main contemporary challenge for the Indian CPSEs performing in the energy sector is to deepen their connections and interaction with the other Indian NSI actors. Through the electrification process, the State has created markets for the private sector. Finally, we recommend further energy-related questions to be addressed in future research projects.
Topic:
Climate Change, Energy Policy, Environment, United Nations, Public Sector, Renewable Energy, Private Sector, and Sustainability
Political Geography:
India

24. Fuel Subsidy Reform and Green Taxes: Can Digital Technologies Improve State Capacity and Effectiveness?

Author:
Alan Gelb and Anit Mukherjee
Publication Date:
07-2019
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
Reforming inefficient and inequitable energy subsidies continues to be an important priority for policymakers as does instituting “green taxes” to reduce carbon emissions. Simply increasing energy prices will have adverse impact on poorer consumers, who may spend substantial budget shares on energy and energy-intensive products even though the rich typically appropriate more of the price subsidy. Equitable pricing reforms therefore need to be accompanied by programs to transfer compensation: depending on the situation, this can be targeted or universal. Successful reforms require measures to raise awareness-of the subsidies and the problems they cause, effective dissemination of the reform to the population, and rapid feedback loops to facilitate mid-course corrections. Digital technology, including for unique identification and payments, as well as general communications, can help build government capacity to undertake such reforms and respond to changes in fuel markets. The paper outlines the use of digital technology, drawing on four country cases. The technology is only a mechanism; it does not, in itself, create the political drive and constituency to push reform forward. However, it can be employed in a number of ways to increase the prospects for successful and sustainable reform.
Topic:
Climate Change, Energy Policy, Environment, Science and Technology, Reform, and Digitalization
Political Geography:
Africa, Middle East, India, and Latin America

25. New Powers: How India’s Smart Cities are Governing and Transitioning to Low-carbon Energy

Author:
Ankit Bhardwaj, Federico De Lorenzo, and Marie-Hélène Zérah
Publication Date:
08-2019
Content Type:
Working Paper
Institution:
Centre for Policy Research, India
Abstract:
Despite the potential of cities to foster a low-carbon energy transition, the governance of energy in India broadly remains within the purview of central and state governments. However, the Smart Cities Mission, a new urban scheme launched in 2015, gives Indian cities new powers to govern energy, a surprising departure from previous urban and energy policies. We argue that this shift is significant and we therefore raise three questions: 1) what kind of energy projects are planned and what does it reveal about the cities’ vision towards energy? 2) does the Smart Cities Mission foster a low-carbon energy transition and if so, how is this transition envisaged? 3) and finally, what are the rationale and the drivers behind this apparent shift? To address these questions, we build on a database of projects and financing plans submitted by the first 60 cities selected in the Smart Cities Mission. We find that cities have earmarked an immense 13,161 INR crore (~1.4 billion GBP) for energy projects, with most funds dedicated to basic infrastructure, primarily focused on enhancing the grid and supply. Cities also proposed projects in solar energy, electric vehicles, waste to energy and LED lighting, indicating their appetite for low-carbon projects. While cities were given institutional space to prioritise certain technologies, their interventions were conditioned by centrally sources of financing which were limited to certain mandated technologies. A focus on technology, rather than planning, undermined the role of cities as strategic decision-makers. What emerges is a dual faced reading of the Smart Cities Mission, indicating the potential and pitfalls of contemporary decentralized energy governance in the Global South.
Topic:
Climate Change, Energy Policy, Social Policy, and Urban
Political Geography:
South Asia, India, and Asia

26. Journal of Advanced Military Studies: Great Power Competition

Author:
Christopher C. Harmon, T. J. Linzy, Jack Vahram Kalpakian, Bruce I. Gudmundsson, Ryan Burke, Jahara "Franky" Matisek, Zsofia Budai, Kevin Johnston, Blagovest Tashev, Michael Purcell, David McLaughlin, Kashish Parpiani, Daniel De Wit, and Timothy Chess
Publication Date:
09-2019
Content Type:
Journal Article
Journal:
Journal of Advanced Military Studies
Institution:
Marine Corps University Press, National Defense University
Abstract:
In this issue of MCU Journal, the authors discuss various concepts of power and great power competition. For generations, scholars have debated changes in power and how that evolution could potentially impact the United States, its allies, and those hovering on the edge of greatness in whatever form that may take. The concept of power has taken on many meanings as the character of warfare has adapted to the time—hard power, soft power, sea power, airpower, space power, great power, combat power, etc. So how do we define such an abstract concept as power? The Department of Defense (DOD) defines combat power as “the total means of destructive and/or disruptive force which a military unit/formation can apply against the opponent at a given time.” Clearly, power must be projected; and for our purposes, that means an entity has the “ability . . . to apply all or some of its elements of national power—political, economic, informational, or military—to rapidly and effectively deploy and sustain forces in and from multiple dispersed locations to respond to crises, to contribute to deterrence, and to enhance regional stability.”
Topic:
Security, NATO, Climate Change, International Cooperation, Migration, History, Power Politics, Armed Forces, Navy, Populism, Grand Strategy, Alliance, Belt and Road Initiative (BRI), Strategic Competition, Geography, Ottoman Empire, Information Technology, and Clash of Civilizations
Political Geography:
Africa, Russia, China, Europe, Sudan, India, Norway, Asia, France, North America, Egypt, Arctic, United States of America, and Antarctica

27. A Specter is Haunting the West (?): The BRICS and the Future of Global Governance

Author:
Francesco Petrone
Publication Date:
01-2019
Content Type:
Journal Article
Journal:
The Rest: Journal of Politics and Development
Institution:
Centre for Strategic Research and Analysis (CESRAN)
Abstract:
Western countries are living a period of fragmentation that is (probably) undermining their leadership in dealing with an accountable global governance. Regarding global governance, it has received some criticisms such as the one that identifies it with a theoretical and unclear definition of an illusory enlarged participation to global decision-making, but in practice an attempt to impose Western policies. Furthermore, emerging powers like the BRICS group (Brazil, Russia, India, China and South Africa) may undermine this dominance, and the very meaning of global governance itself, inaugurating initiatives that tend to promote their presence in Global South, the creation of parallel institutions, their soft power and the (apparent?) engagement in global issues, such as climate change. In this article, we first analyze the acquired weight of the BRICS, then we highlight the weaknesses of global gover
Topic:
Climate Change, Globalization, Governance, International Institutions, and Emerging Powers
Political Geography:
Africa, Russia, China, Europe, India, Asia, South Africa, Brazil, and South America

28. The Methane Economy

Author:
Chaitanya Giri
Publication Date:
07-2019
Content Type:
Working Paper
Institution:
Gateway House: Indian Council on Global Relations
Abstract:
The United Nations’ 2015 Paris Agreement called for the immediate sequestration of atmospheric anthropogenic greenhouse gases to help avert serious environmental degradation. India can take the lead in this because it is the second largest emitter of methane. Of all the natural greenhouse gases, methane is the hardiest. Technological advances are making it possible to crack methane into gaseous hydrogen and solid carbon on a commercial scale. Methane cracking can provide a steady supply of hydrogen for futuristic transportation and solid carbon materials — graphene, carbon nanotubes, synthetic diamonds — which are integral to the marine, aerospace and space industries. The commercial benefits apart, methane cracking will also go a long way in meeting the Paris Agreement’s climate change mitigation objectives. This paper offers some concrete recommendations that can help the government of India shape national legislation and global geoeconomic strategies.
Topic:
Climate Change, United Nations, Methane, Carbon Emissions, and Paris Agreement
Political Geography:
South Asia and India

29. A Dialogue of Rivers: The River & I

Author:
Kishalay Bhattacharjee, Parineeta Dandekar, and Parineeta Roy
Publication Date:
09-2019
Content Type:
Working Paper
Institution:
India International Centre (IIC)
Abstract:
How many of us have read river stories? Or river poems? How many of us have known a river? Most of us have crossed a river on a bridge, or may have taken a boat or a ferry, but I’m not sure how many of us have actually touched the river or felt the river. The river is not just cusecs of water that ecologists love to define. The river has its own rhythm. To be able to bring back rivers, to be able to bring back rivers to life, perhaps we need to understand its rhythm. We need to understand rivers as a body interconnected with ourselves. River Dialogues is an attempt to have a free flowing conversation, as free flowing as a river should be and can be without dams coming in between, and try and re-imagine or possibly imagine for most of us who have not felt the river, seen the river, or imagined the river in a very long time. Joining me today are Sumana Roy, and Parineeta Dandekar. Parineeta is a river researcher based in the US. She’s an ecologist who finds herself moving towards understanding rivers and its ‘Bhav-taal’. Sumana Roy is a poet, writer and a teacher who has given us some of the most lyrical insights into our forgotten lives. Her first book, How I Became a Tree is a ‘love song on plants and trees’ and introduces the idea of ‘plant humanities’ and how to live with ‘tree time’. She is now working on water/rivers. The idea of having these two persons talk about the river is about gaining perspectives on the river. In earlier episodes we travelled down Sahibi, the dead river of Delhi, Narmada, Adyar, Teesta, Tsangpo, Siang, Brahmaputra, Jamuna, Meghna, Padma, Ganga and the Yamuna.
Topic:
Climate Change, Water, Culture, Ecology, and Rivers
Political Geography:
South Asia and India

30. The Neoliberal Attack on Rural India

Author:
P. Sainath
Publication Date:
10-2019
Content Type:
Working Paper
Institution:
Tricontinental: Institute for Social Research
Abstract:
This dossier features two stories on India’s agrarian crisis. The first story is about the harsh impact of the changing climate on top of an already battered rural economy in Andhra Pradesh, where farmers are growing for seed companies in the most adverse conditions. The second story takes us to Kerala, where we find the Kudumbashree women’s cooperative, which has resiliently resisted the devastation of the worst floods in the state in nearly a century.
Topic:
Agriculture, Climate Change, Farming, and Agribusiness
Political Geography:
India and Asia