Global markets and the business climate are propelled by political and economic uncertainty. The tense bilateral or international relationships, global integrations and dependency, natural catastrophes, and war-related events have been the major contributors to risks and uncertainty around the world. The ongoing Russo-Ukrainian War is exacerbating the existing climate initiatives, protectionism, diplomatic ultimatums, inordinate sanctions, and geopolitical frictions. After the recent full-scale Russian invasion of Ukraine commenced on February 24, 2022, the ongoing worldwide conflict and disruption started to deteriorate. As a result, the confrontation has wider, unprecedented effects on the global, environmental, and economic realms.
Numerous bilateral and global agreements have been abandoned, and economic ties and climate-related projects and goals have been disrupted. The global transformative climate measures such as the green energy phase and the EU’s carbon border adjustment mechanisms could be hampered that would, otherwise, require combined endeavors from major nations to play a pivotal catalytic role in implementation. In addition, global financial markets are sternly exposed and vulnerable to climate change issues. Since Russia is the third largest oil producer in the world and is a major supplier of crude oil and gas to Europe, this current ongoing war crisis could hamper the bilateral and multilateral relationships between Russia, Europe, and other world economies. The contagion effect of it would imply substantial jolts to commodity markets, climate-related initiatives, business cycles, industries, and economies.
This Research Topic aims to call for empirical studies on climate risk and environmental consequences arising from the Russia-Ukraine War episode and its possible consequences on major economies such as the US, Europe, and other global networks. The objective is to identify the various consequences, beneficiaries, payers, contributors, receivers, crisis-induced spillovers, and other effects arising from the war on international climate initiatives, renewable energy investments, prominent markets, and economies. The studies are required to provide possible solutions, pathways, and avenues/strategies to overcome the turbulent situation arising from invasion and escalating tensions that could benefit policymakers, practitioners, investors, and portfolio managers in achieving sustainable development goals and climate-based solutions.
The studies are invited but not limited to the following domains:
1. Implications of war on renewable energy investments and the sustainable development goals
2. Technological and environmental consequences, welfare effects, and adaptation of countries’ economic goals in the backdrop of Russia and Ukraine conflict
3. Economic, environmental and social costs of the Russia-Ukraine Conflict
4. Disruptions in global supply chains in the context of the Russia – Ukraine conflict
5. The impact of Russain-Ukraine war on climate changes and natural resources depletion
6. Impacts of the Russia-Ukraine war on global food and energy security
7. Investigating threats to the global agriculture and forestry sectors via the lens of conflict in Ukraine
8. The impact of the Russia-Ukraine conflict on the green energy transition
Global markets and the business climate are propelled by political and economic uncertainty. The tense bilateral or international relationships, global integrations and dependency, natural catastrophes, and war-related events have been the major contributors to risks and uncertainty around the world. The ongoing Russo-Ukrainian War is exacerbating the existing climate initiatives, protectionism, diplomatic ultimatums, inordinate sanctions, and geopolitical frictions. After the recent full-scale Russian invasion of Ukraine commenced on February 24, 2022, the ongoing worldwide conflict and disruption started to deteriorate. As a result, the confrontation has wider, unprecedented effects on the global, environmental, and economic realms.
Numerous bilateral and global agreements have been abandoned, and economic ties and climate-related projects and goals have been disrupted. The global transformative climate measures such as the green energy phase and the EU’s carbon border adjustment mechanisms could be hampered that would, otherwise, require combined endeavors from major nations to play a pivotal catalytic role in implementation. In addition, global financial markets are sternly exposed and vulnerable to climate change issues. Since Russia is the third largest oil producer in the world and is a major supplier of crude oil and gas to Europe, this current ongoing war crisis could hamper the bilateral and multilateral relationships between Russia, Europe, and other world economies. The contagion effect of it would imply substantial jolts to commodity markets, climate-related initiatives, business cycles, industries, and economies.
This Research Topic aims to call for empirical studies on climate risk and environmental consequences arising from the Russia-Ukraine War episode and its possible consequences on major economies such as the US, Europe, and other global networks. The objective is to identify the various consequences, beneficiaries, payers, contributors, receivers, crisis-induced spillovers, and other effects arising from the war on international climate initiatives, renewable energy investments, prominent markets, and economies. The studies are required to provide possible solutions, pathways, and avenues/strategies to overcome the turbulent situation arising from invasion and escalating tensions that could benefit policymakers, practitioners, investors, and portfolio managers in achieving sustainable development goals and climate-based solutions.
The studies are invited but not limited to the following domains:
1. Implications of war on renewable energy investments and the sustainable development goals
2. Technological and environmental consequences, welfare effects, and adaptation of countries’ economic goals in the backdrop of Russia and Ukraine conflict
3. Economic, environmental and social costs of the Russia-Ukraine Conflict
4. Disruptions in global supply chains in the context of the Russia – Ukraine conflict
5. The impact of Russain-Ukraine war on climate changes and natural resources depletion
6. Impacts of the Russia-Ukraine war on global food and energy security
7. Investigating threats to the global agriculture and forestry sectors via the lens of conflict in Ukraine
8. The impact of the Russia-Ukraine conflict on the green energy transition