ALBERT

Description: This paper claims that countries of the North must develop a new model of wealth - one less harmful to the environment and capable of being applied throughout the world. There are reasons to be hopeful they will do so: first, they have the means at their disposal; second, it is a misconception that environmental protection is a cost; and third, there is mounting pressure for change as indicated by air, water and soil quality data. The challenge is to move the emphasis away from end-of-the-pipe pollution control to improving resource productivity. The best way of doing this is through the imposition of "green taxes" to raise resource prices. If governments compensate by cutting other taxes to make the change revenue-neutral, there would be real benefits to the environment and the economy, particularly in developing countries.

Description: This thesis investigates the relationship between public and private sector efforts to optimise energy efficiency finance initiatives in an emerging country context, using Thailand as a case study. Demand-side energy efficiency measures could significantly reduce pressures on energy systems in emerging economies in Southeast Asia while at the same time reducing greenhouse gas emissions. Rapidly increasing energy needs, combined with dependence on fossil fuel imports have put energy systems in the region under pressure. Due to high urbanisation growth rates, and comparatively inefficient industries, demand-side energy efficiency measures could be part of the solution. The lack of external energy efficiency finance for industry and building owners is a major barrier, but reports and country examples contain mixed messages about how to best overcome this challenge. The dominant discourse around energy efficiency finance originates from international organisations who advocate for the public sector to focus all efforts on maximising private sector investments. However, developed country experience and some emerging country examples, suggest that the problem is more complex. Therefore, this thesis focuses on how to optimise energy efficiency finance. Thailand serves as a case study due to the range of energy efficiency initiatives designed and implemented in that country since the early 1990s. Transition studies and Multi-Level Perspective, were chosen as the theoretical framework and heuristic tool for the analysis. Qualitative data in the form of interviews with forty-eight experts from government, the private sector and academia form the core of this research. The research found that in Thailand, after more than 10 years of public sector support for energy efficiency finance initiatives, success in the private sector has been limited. Challenges identified include: (1) a lack of de-risking measures (2) renewable energy projects receiving most funding; (3) lack of guidance from the Central Bank of Thailand and (4) missing cross-coordination with relevant ministries to create additional demand for energy efficiency finance services. Suggestions for next steps are provided. The main finding from this research is that EEF in an emerging country context will never be transitioned 100% to the private sector, but will be reliant on long-term consistent support from the public sector. Policy makers and international organisations must therefore carefully evaluate the existing framework conditions before choosing which energy efficiency finance initiatives to support. The Multi-Level Perspective analytical framework could provide such an analytical tool to further unleash the energy efficiency potential in Southeast Asia.

Description: On 8 November 2016, Donald Trump was elected to become the 45th President of the United States of America. In his campaign, he repeatedly expressed his intention to "cancel the Paris Agreement". How can the course set with the adoption of the Paris Agreement be continued independently of the developments in the US? Lukas Hermwille and Wolfgang Obergassel sketch possible consequences of the sea change of US climate policy for the international negotiation process and identify options for a "Trump-resilient" way forward.