The Financial Crisis in the European Union: An Impact Assessment and Response Critique© Lexxion Verlagsgesellschaft mbH (12/2011)
By the fall of 2008, no economy in the world was safe: the financial crisis was global and pervasive. Even the European Union, regarded as one of the largest and strongest economies in the world, was beginning to experience the severe effects of the financial crisis. At that point, the European legislators determined that some form of response to the crisis
must be created. This paper will cover the landscape of the European economy before the financial crisis and the policy stances of the EU during that time, an overview of the complex financial crisis and its effect
on the European economy, and a general outline of the policy response to the crisis.
Direct or Indirect Regulation of Hedge Funds: A European Dilemma© Lexxion Verlagsgesellschaft mbH (12/2011)
Hedge funds have been called into question during the financial crisis which burst in 2007/2008 and sometimes hurriedly blamed for having played a relevant role in originating it. This has exacerbated the discussion over the need of regulating them and in the European Union the tones of the debate have been even embittered by the presence of two opposed factions. The United Kingdom, which hosts the greatest majority of European hedge fund managers, pushing for the maintenance of a light-touch approach to hedge fund regulation.
First-rate supporting program: IFAT CHINA +EPTEE+CWS 2010© Deutscher Fachverlag (DFV) (6/2010)
As in the past, the supporting program at this year’s IFAT CHINA + EPTEE + CWS will be a first-rate discussion and information platform. Besides technical and scientific conferences and workshops, there will be theme
specials, exhibitor presentations and B2B matchmaking for exhibitors.
Stakeholder-based Scenarios for Post-2012 Climate Policy: A Participatory Approach© Lexxion Verlagsgesellschaft mbH (10/2009)
Beginning in the early 1970s, the application of scenario analysis to environmental issues has been a well-established field. Since then, environmental scenario analysis has been used to examine many different scales and types of environmental problems, ranging from global sustainability to specific issues such as changes in emissions, air quality, or land cover in a specific region. Environmental scenarios provide an interdisciplinary framework for analyzing complex environmental problems and envisioning solutions for these problems by, for example, establishing a link between environmental science and policy.
One, Two or One and a Half Protocols? An Assessment of Suggested Options for the Legal Form of the Post-2012 Climate Regime© Lexxion Verlagsgesellschaft mbH (10/2009)
The current international climate regime basically consists of two treaties: The United Nations Framework Convention on Climate Change (UNFCCC) adopted in 1992, which has nearly universal membership, and the Kyoto Protocol adopted in 1997. The latter treaty obliges developed states listed in Annex I of the UNFCCC to limit or reduce their greenhouse gas emissions by the amount inscribed in Annex B of the Kyoto Protocol. However, it only provides for a first commitment period lasting from 2008 to 2012. Thus, there is an urgent need to establish new rules ensuring further emission reductions after 2012.
Suspension of Eligibility to Use of the Kyoto Flexible Mechanisms: A Review of Substantive Issues (Part 1)© Lexxion Verlagsgesellschaft mbH (7/2009)
Climate change has attracted attention at the level of academia, the media, science and policy making, assuming renewed urgency with the release of the 4th Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) in 2007. Despite the 5% emission reduction commitment (relative to 1990 levels) entered by Annex 1 country Parties, the report indicated the need for further drastic reductions amounting to a cut of 25–40% in the near term by Annex 1 country Parties to ensure a meaningful reduction in greenhouse gas emissions.
Financial Impacts of Climate Change Mitigation: Global Resource Requirements and Proposals for International Burden Sharing© Lexxion Verlagsgesellschaft mbH (7/2009)
The global fight against climate change will require considerable financial resources. The scale of financial requirements and the burden sharing will be one of the key questions in the upcoming climate change negotiations in Copenhagen at the end of 2009. However, the scientific basis on which such decisions could be made is currently rather weak. Numerous studies have addressed the finance of climate change in the past. All of these studies differ in methodology and their selection of GHG reduction targets, base years and time horizons.