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| 2. |
- Crona, Beatrice, et al.
(author)
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The Anthropocene reality of financial risk
- 2021
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In: One Earth. - : Elsevier BV. - 2590-3330 .- 2590-3322. ; 4:5, s. 618-628
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Research review (peer-reviewed)abstract
- Globally, financial services are well positioned to contribute to the transformation needed for sustainable futures and will be critical for supporting corporate activities that regenerate and promote biosphere resilience as a key strategy to confront the new risk landscape of the Anthropocene. While current financial risk frameworks focus primarily on financial materiality and risks to the financial sector, failure to account for investment externalities will aggravate climate and other environmental change and set current sustainable finance initiatives off course. This article unpacks the cognitive disconnect in financial risk frameworks between environmental and financial risk. Through analysis of environmental, social, and governance ratings and estimates of global green investments, we exemplify how the cognitive disconnect around risk plays out in practice. We discuss what this means for the ability of society at large, and finance in particular, to deliver on sustainability ambitions and global goals.
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| 3. |
- Folke, Carl, et al.
(author)
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Our future in the Anthropocene biosphere
- 2021
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In: Ambio. - : Springer Science and Business Media LLC. - 0044-7447 .- 1654-7209. ; 50:4, s. 834-869
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Journal article (peer-reviewed)abstract
- The COVID-19 pandemic has exposed an interconnected and tightly coupled globalized world in rapid change. This article sets the scientific stage for understanding and responding to such change for global sustainability and resilient societies. We provide a systemic overview of the current situation where people and nature are dynamically intertwined and embedded in the biosphere, placing shocks and extreme events as part of this dynamic; humanity has become the major force in shaping the future of the Earth system as a whole; and the scale and pace of the human dimension have caused climate change, rapid loss of biodiversity, growing inequalities, and loss of resilience to deal with uncertainty and surprise. Taken together, human actions are challenging the biosphere foundation for a prosperous development of civilizations. The Anthropocene reality-of rising system-wide turbulence-calls for transformative change towards sustainable futures. Emerging technologies, social innovations, broader shifts in cultural repertoires, as well as a diverse portfolio of active stewardship of human actions in support of a resilient biosphere are highlighted as essential parts of such transformations.
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| 4. |
- Folke, Carl, et al.
(author)
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Reconnecting to the biosphere
- 2011
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In: Ambio. - : Springer Science and Business Media LLC. - 0044-7447 .- 1654-7209. ; 40:7, s. 719-738
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Journal article (peer-reviewed)abstract
- Humanity has emerged as a major force in the operation of the biosphere, with a significant imprint on the Earth System, challenging social-ecological resilience. This new situation calls for a fundamental shift in perspectives, world views, and institutions. Human development and progress must be reconnected to the capacity of the biosphere and essential ecosystem services to be sustained. Governance challenges include a highly interconnected and faster world, cascading social-ecological interactions and planetary boundaries that create vulnerabilities but also opportunities for social-ecological change and transformation. Tipping points and thresholds highlight the importance of understanding and managing resilience. New modes of flexible governance are emerging. A central challenge is to reconnect these efforts to the changing preconditions for societal development as active stewards of the Earth System. We suggest that the Millennium Development Goals need to be reframed in such a planetary stewardship context combined with a call for a new social contract on global sustainability. The ongoing mind shift in human relations with Earth and its boundaries provides exciting opportunities for societal development in collaboration with the biosphere-a global sustainability agenda for humanity.
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| 5. |
- Folke, Carl, et al.
(author)
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Transnational corporations and the challenge of biosphere stewardship
- 2019
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In: Nature Ecology & Evolution. - : Springer Science and Business Media LLC. - 2397-334X. ; 3:10, s. 1396-1403
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Journal article (peer-reviewed)abstract
- Sustainability within planetary boundaries requires concerted action by individuals, governments, civil society and private actors. For the private sector, there is concern that the power exercised by transnational corporations generates, and is even central to, global environmental change. Here, we ask under which conditions transnational corporations could either hinder or promote a global shift towards sustainability. We show that a handful of transnational corporations have become a major force shaping the global intertwined system of people and planet. Transnational corporations in agriculture, forestry, seafood, cement, minerals and fossil energy cause environmental impacts and possess the ability to influence critical functions of the biosphere. We review evidence of current practices and identify six observed features of change towards 'corporate biosphere stewardship', with significant potential for upscaling. Actions by transnational corporations, if combined with effective public policies and improved governmental regulations, could substantially accelerate sustainability efforts.
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| 6. |
- Galaz, Victor, et al.
(author)
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Planetary Boundaries - Exploring the Challenges for Global Environmental Governance
- 2011
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Reports (other academic/artistic)abstract
- A range of studies from Earth system scientists argue that human activities drives multiple, interacting effects that cascade through the Earth system. Recent contributions state and quantify nine, interacting «planetary boundaries» with possible threshold effects. This article provides an overview of the Earth system governance challenges that follow from this notion of multiple, interacting and possibly non-linear «planetary boundaries». Here we discuss four interrelated global governance challenges, as well as some possible ways to address them in future research. The four identified challenges are related to 1) the interplay between Earth system science and global policies; 2) the capacity of international institutions to deal with individual planetary boundaries, as well as interactions between them; 3) the role of international organizations in dealing with planetary boundaries interactions; and 4) the role of Earth system governance in framing social-ecological innovations.
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| 7. |
- Galaz, Victor, et al.
(author)
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'Planetary boundaries' - exploring the challenges for global environmental governance
- 2012
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In: Current Opinion in Environmental Sustainability. - : Elsevier BV. - 1877-3435 .- 1877-3443. ; 4:1, s. 80-87
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Journal article (peer-reviewed)abstract
- A range of studies from Earth system scientists argue that human activities drive multiple, interacting effects that cascade through the Earth system. Recent contributions state and quantify nine, interacting 'planetary boundaries' with possible threshold effects. This article provides an overview of the global governance challenges that follow from this notion of multiple, interacting and possibly non-linear 'planetary boundaries'. Here we discuss four interrelated global environmental governance challenges, as well as some possible ways to address them. The four identified challenges are related to, first, the interplay between Earth system science and global policies, and the implications of differences in risk perceptions in defining these boundaries; second, the capacity of international institutions to deal with individual 'planetary boundaries', as well as interactions between them; third, the role of international organizations in dealing with 'planetary boundaries' interactions; and fourth, the role of global governance in framing social ecological innovations.
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| 8. |
- Galaz, Victor, et al.
(author)
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Polycentric systems and interacting planetary boundaries : Emerging governance of climate change—ocean acidification—marine biodiversity
- 2012
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In: Ecological Economics. - : Elsevier BV. - 0921-8009 .- 1873-6106. ; 81, s. 21-32
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Journal article (peer-reviewed)abstract
- Planetary boundaries and their interactions pose severe challenges for global environmental governance due to their inherent uncertainties and complex multi-scale dynamics. Here we explore the global governance challenge posed by planetary boundaries interactions by focusing on the role of polycentric systems and order, a theoretical field that has gained much interest in the aftermath of claims of a stagnant UN-process. In the first part we work toward a clarification of polycentric order in an international context, and develop three propositions. We then present a case study of the emergence of international polycentricity to address interacting planetary boundaries, namely the climate change, ocean acidification and loss of marine biodiversity complex. This is done through a study of the Global Partnership on Climate, Fisheries and Aquaculture (PaCFA) initiative. As the case study indicates, a range of mechanisms of polycentric order (ranging from information sharing to coordinated action and conflict resolution) operates at the international level through the interplay between individuals, international organizations and their collaboration patterns. While polycentric coordination of this type certainly holds potential, it is also vulnerable to internal tensions, unreliable external flows of funding, and negative institutional interactions.
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| 9. |
- Keys, Patrick W., et al.
(author)
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Anthropocene risk
- 2019
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In: Nature Sustainability. - : Springer Science and Business Media LLC. - 2398-9629. ; 2:8, s. 667-673
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Journal article (peer-reviewed)abstract
- The potential consequences of cross-scale systemic environmental risks with global effects are increasing. We argue that current descriptions of globally connected systemic risk poorly capture the role of human-environment interactions. This creates a bias towards solutions that ignore the new realities of the Anthropocene. We develop an integrated concept of what we denote Anthropocene risk-that is, risks that: emerge from human-driven processes; interact with global social-ecological connectivity; and exhibit complex, cross-scale relationships. To illustrate this, we use four cases: moisture recycling teleconnections, aquaculture and stranded assets, biome migration in the Sahel, and sea-level rise and megacities. We discuss the implications of Anthropocene risk across several research frontiers, particularly in the context of supranational power, environmental and social externalities and possible future Anthropocene risk governance. We conclude that decision makers must navigate this new epoch with new tools, and that Anthropocene risk contributes conceptual guidance towards a more sustainable and just future.
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| 10. |
- Nyström, Magnus, et al.
(author)
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Anatomy and resilience of the global production ecosystem
- 2019
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In: Nature. - : Springer Science and Business Media LLC. - 0028-0836 .- 1476-4687. ; 575, s. 98-108
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Journal article (peer-reviewed)abstract
- Much of the Earth's biosphere has been appropriated for the production of harvestable biomass in the form of food, fuel and fibre. Here we show that the simplification and intensification of these systems and their growing connection to international markets has yielded a global production ecosystem that is homogenous, highly connected and characterized by weakened internal feedbacks. We argue that these features converge to yield high and predictable supplies of biomass in the short term, but create conditions for novel and pervasive risks to emerge and interact in the longer term. Steering the global production ecosystem towards a sustainable trajectory will require the redirection of finance, increased transparency and traceability in supply chains, and the participation of a multitude of players, including integrated 'keystone actors' such as multinational corporations.
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