Sunday, April 28, 2019
Report Summary Term Paper Example | Topics and Well Written Essays - 1750 words
Report Summary - Term Paper ExampleThe review is based on this concomitant term and a few other related literature that are relevant to the arguments presented in the article. This floor concludes that sustainable development can only be achieved through low- ascorbic acid economy. Such an economy is slender in sustaining the present and upcoming generation without subjecting them to serious environmental, social, and economic risks that often characterizes high- carbon economy. Introduction The article World Investment Report 2010- Investing in a Low- Carbon Economy was prepared by the United Nations Conference on Trade and Development (UNCTAD) in 2010. The report has focused on mixed aspects of coronation across the world such as Global Foreign Direct Investment (FDI), investment policy trends, and how specific sectors play a role in FDI share among other aspects. Particularly, the report has discussed spend in a low- carbon economy. Its focus on low- carbon economy is inf ormed by the accept to have sustainable economic development. This article was developed in the context of emerging impacts of climate variety show that are deemed to be adverse and detrimental to human survival in the long- run. As such, there is lack for solutions in order to counter the implications of climate change impacts and tender sustainable environment for the present and future generations. UNCTAD is a UNs agency and therefore the credibility of this article is unquestionable. The subject of low- carbon economy is rattling important and worth writing because as a society we cannot ignore the impacts of climate change which are so real. The society should be alive to the realities of climate change which threatens the very existence of humans (Sawin and Moomaw 23). That is wherefore writing on measures that are and should be taken to counter one of the greatest challenges currently go about humans is such a noble engagement. This purpose of this report is to focus o n the issues discussed in the article, which is put in the low- carbon economy. The article is comprehensive and covers critical aspects that focus on investing in low- carbon economy. Analytical Summary of Main Arguments The article begins by arguing that Transnational Corporations (TNCs) are part of the paradox and solution to the investment in a low- carbon economy due to the proposition that they can provide low- carbon technology and investment. Indeed, Foreign Direct Investment (FDI) on low carbon is already grand and its potential is immense. However, carbon leakage is a major business sector to this investment UNCTADA notes in its report that this concern can be addressed at source rather than at the border through shipway such as engaging corporate governance mechanisms (UNCTAD 20). Moreover, investments in low- carbon economy should not come on in haphazard as this may result to high costs and reduced benefits. Therefore, there is charter for policy to be put in pla ce so as to minimize costs and maximize benefits that are linked to attracting low- carbon FDI (Constable 95). Towards this end, UNCTAD makes proposals in the report in regard to global partnership. The proposal is make up of five major components securing contribution of IIAs to mitigation of climate change establishment of strategies that are gear towards promoting clean investment developing an international
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment