A global map to aid the identification and screening of critical habitat for marine industries

Marine industries face a number of risks that necessitate careful analysis prior to making decisions on the siting of operations and facilities. An important emerging regulatory framework on environmental sustainability for business operations is the International Finance Corporation’s Performance Standard 6 (IFC PS6). Within PS6, identification of biodiversity significance is articulated through the concept of “Critical Habitat”, a definition developed by the IFC and detailed through criteria aligned with those that support internationally accepted biodiversity designations. No publicly available tools have been developed in either the marine or terrestrial realm to assess the likelihood of sites or operations being located within PS6-defined Critical Habitat. This paper presents a starting point towards filling this gap in the form of a preliminary global map that classifies more than 13 million km² of marine and coastal areas of importance for biodiversity (protected areas, Key Biodiversity Areas [KBA], sea turtle nesting sites, cold- and warm-water corals, seamounts, seagrass beds, mangroves, saltmarshes, hydrothermal vents and cold seeps) based on their overlap with Critical Habitat criteria, as defined by IFC. In total, 5798×10³ km² (1.6%) of the analysis area (global ocean plus coastal land strip) were classed as Likely Critical Habitat, and 7526×10³ km² (2.1%) as Potential Critical Habitat; the remainder (96.3%) were Unclassified. The latter was primarily due to the paucity of biodiversity data in marine areas beyond national jurisdiction and/or in deep waters, and the comparatively fewer protected areas and KBAs in these regions. Globally, protected areas constituted 65.9% of the combined Likely and Potential Critical Habitat extent, and KBAs 29.3%, not accounting for the overlap between these two features. Relative Critical Habitat extent in Exclusive Economic Zones varied dramatically between countries. This work is likely to be of particular use for industries operating in the marine and coastal realms as an early screening aid prior to in situ Critical Habitat assessment; to financial institutions making investment decisions; and to those wishing to implement good practice policies relevant to biodiversity management. Supplementary material (available online) includes other global datasets considered, documentation and justification of biodiversity feature classification, detail of IFC PS6 criteria/scenarios, and coverage calculations.     

Oil in parallax: Scarcity, markets, and the financialization of accumulation

Relations between oil scarcity, production, investment, and price have become increasingly mediated and shaped by financial markets. Yet, the mediation of finance is absent in peak oil narratives, which posit a direct relation between the availability of oil in the ground and its price on the market. The orthodox critique of peak oil deconstructs its basis in geological limits only to reproduce the argument from scarcity and reverse the relationship between the price of oil and its availability on the market. Both narratives are formulated in physical space and do not account for the degree to which the oil market has become infused by the logic of finance. Critical political economy, on the other hand, demonstrates the extent to which finance has transformed capital accumulation, only to render material production somewhat irrelevant to the accumulation of capital. This is equally problematic, given oil companies’ continuing investment in production and reserve expansion. The relation between accumulation, investment, and production under finance needs to be examined rather than discarded. I argue that finance has emancipated the circulation of oil in the world market from its circulation in physical space, fragmenting the oil market into a physical and a financial component, but reintegrating both under the dominance of financial logic without transcending their duality and their differences. I explicate this relation by examining the circulation of oil in trade and investment under the dictates of finance to open questions on current theorizations of oil scarcity in relation to prices, markets, and investment.     

BOOK REVIEWS

Books reviewed in this article: Aerial Photography and Remote Sensing. Terrain Analysis and Remote Sensing . JOHN R. G. TOWNSHEND , ed. Environmental Data Use in Computer-assisted Data Handling Systems: The Results of a Survey of Applications in the Pacific Northwest States . KENNETH E. GORDON . Applied Land Use: A Spatial Approach . JOHN F. LOUNSBURY , LAWRENCE M. SOMMERS , AND EDWARD A. FERNALD , eds. The Second Battle of New Orleans: A History of the Vieux Carre Riverfront-Expressway Controversy . RICHARD O. BAUMBACH , JR. AND WILLIAM E. BORAH . Cultural Environmental Archaeology . MYRA SHACKLEY . The Immoral landscape: Female Prostitution in Western Societies . RICHARD SYMANSKI . life Among the Poor in Cairo . UNNI WIKAN , translated by Ann Henning. Women, Work and Property in Northwest India . URSULA SHARMA . The Domestication of Women: Discrimination in Developing Societies . BARBARA ROGERS Economic Optimization in Locational and Transport Analysis . A. G. WILSON , J. D. COELHO , S. M. MACGILL , H. C. W. L. WILLIAMS . New Tools for Economic Development: The Enterprise Zone, Development Bank, and RFC . GEORGE STERNLIEB AND DAVID LISTOKIN , eds. Regional Wage Inflation . R. L. MARTIN , ed. Finding A Place For Energy-Siting Coal Conversion Facilities . FRANK J. CALZONETTI WITH MARK S. ECKERT . Environmental Management, Resources, and Systems Environmentalism. Second Edition . T. O'RIORDAN . Countryside Conservation . BRYN GREEN . Medical Spatial Diffusion: An Historical Geography of Epidemics in an Island Community . A. D. CLIFF , P. HAGGETT , J. K. ORD , AND G. R. VERSEY . Philosophy and Geographic Thought Order and Skepticism: Human Geography and the Dialectic of Science . RICHARD SZYMANSKI AND JOHN A. AGNEW . Measurement of Subjective Phenomena . D. F. JOHNSTON , ed. Conceptions of Space in Social Thought: A Geographic Perspective . ROBERT DAVID SACK . The Association of American Geographers: The First Seventy-five Years: 1904-1979 . PRESTON E. JAMES AND GEOFFREY J. MARTIN . The Life and Thought of Isaiah Bowman . GEOFFREY J. MARTIN . Physical River Basin Planning: Theory and Practice . SURANJIT K. SAHA AND CHRISTOPHER J. BARROW , eds. Soils and landforms: An Integration of Ceomorphology and Pedology . A. I. GERRARD Climatic Change and Society. Consequences of Increasing Atmospheric Carbon Dioxide . WILLIAM W. KELLOGG AND ROBERT SCHWARE . Political Political Redistrictings and Geographic Theory . RICHARD L. MORRILL . Population Studies in Spanish American Population History: Dell Plain Latin American Studies NO. 8 . DAVID J. ROBINSON , ed. Population Redistribution in the Midwest . CURTIS C. ROSEMAN , ANDREW J. SOFRANKO , AND JAMES D. WILLIAMS , eds. Geographical Perspectives on the Elderly . A. M. WARNES , ed. Regional Perspective On the American South . MERLE BLACK AND JOHN SHELTON REED , eds. The Prairies and Plains: Prospects for the 80s . JOHN R. ROGGE , ed. Rural Rural Settlement in an Urban World . MICHAEL BUNCE . Social Accident at Three Mile Island: The Human Dimensions . DAVID L. SILLS , C. P. WOLF , AND VIVIEN B. SHELANSKI , eds. The American Small Town: Twentieth-Century Place Images . JOHN JAKLE . Urban A House of My Own . SUSAN LOBO . The City: Patterns and Processes in the Urban Ecosystem . CHRISTOPHER H. EXLINE , GARY L. PETERS , AND ROBERT P. LARKIN . Movement in Cities . P. W. DANIELS AND A. M. WARNES . Urbanization and Urban Planning in Capitalist Society . MICHAEL DEAR AND ALLEN J. SCOT , eds.     

Finance for fossils – The role of public financing in expanding petrochemicals

The petrochemicals industry (mainly plastics and fertilizer production) is expanding, despite increasing attention to the environmental impact of petrochemicals. In our paper, we explore the role public finance plays in the petrochemicals industry. We do so by mapping the public and private financial flows into large-scale petrochemical projects for the decade 2010–20 and discuss the role of public financial institutions for the development of the industry globally. Secondly, we provide a detailed analysis of the roles international and national public finance has played in enabling two prominent petrochemical projects: namely the Sadara plant in Saudi Arabia and the Surgil plant in Uzbekistan. The cases are illustrative of the dynamics of state interest and involvement in fossil fuel producing countries as well as of lending and guarantees from foreign export credit agencies (ECAs) and development finance institutions, and how such public finance plays an important role in leveraging private finance. Our findings show how public finance for petrochemicals is highly globalized and to a large degree originates in developed countries. As petrochemical industrial infrastructures are designed to last decades, the public finance thus strongly contributes to the carbon lock-in of the sector and limits the possibilities for low-carbon investments needed to comply with the UN Paris Agreement.     

Could baseline establishment be counterproductive for emissions reduction? Insights from Vietnam’s building sector

This article provides insights into the role of institutions involved in climate governance working towards a future low-carbon society at the national level, within the global climate change governance architecture. Specifically, it contributes to understanding the fragmented governance of energy efficiency policy in developing countries by focussing on Vietnam’s building sector, identifying key institutions related to underlying discourses, national and international power relations, resource distribution and coalitions. It uses the case of baseline setting in developing Nationally Appropriate Mitigation Actions (NAMAs) to illustrate institutional dynamics, nationally and transnationally, as well as to question whether demands for baseline setting achieve the ideal trade-off between actual GHG emissions reduction and institutionalized demands for accountability. The analysis reveals that, in addition to domestic efforts and challenges, the international agenda greatly influences the energy efficiency policy arena. The article presents lessons to be learnt about policy processes from the specific Vietnamese case, reflecting on the role of international actors and discourses in it. Finally, it argues for the abolition of baselines in favour of adequate monitoring and evaluation, from the perspective that requirement for deviation from fictitious baselines is unproductive and only serves an international techno-managerial discourse.

POLICY RELEVANCE

Baseline establishment is commonly considered an initial step in developing NAMAs, in order to facilitate the demonstration of a deviation from such baselines. The requirement to produce baselines is traditionally not questioned by policy practitioners. Thus, significant development resources are allocated to the establishment of baselines and the bridging of data gaps, often without consideration as to whether baselines are a necessary instrument for NAMA implementation. We suggest omitting the lengthy and resource-consuming practice of establishing baselines and recommend proceeding forthwith to the planning and implementation of mitigation and energy efficiency policies. As conditions vary significantly in different contexts, it would be more appropriate to measure the initial situation, establishing the ‘base point’, and monitor development from that point. The present article might serve as motivation for policymakers to question traditional approaches to policy development and consider alternatives to maximize the cost efficacy of NAMA programmes and facilitate their implementation.     

Against (the idea of) financial markets

The difference between bank-based and market-based financial systems is a longstanding and influential conceptual staple of the interdisciplinary literature on finance. This dualistic model has been subjected to wide-ranging critiques over the past decade. Yet, while those critiques productively problematize the relationship between banks and markets presumed by the model, they fail to address the underlying distinction between banks and markets that is also presumed by the model. This article questions that distinction. It argues that financial markets are best understood not as places or platforms where banks and other financial actors come to interact – and thus as essentially separate from banks – but, instead, as, in large part, their interaction; as constituted by it. The article further argues for the political as well as scholarly importance of reconfiguring our ideas of what financial markets are. The idea of markets as separate, reified phenomena not only underpins the scholarly model of bank- and market-based financial systems – it does political work in the wider world, with the appeal to financial markets or, more nebulously, “the market” to rationalize and justify political decision-making having become a commonplace of contemporary public policy discourse.     

闽东南区域甘蔗生产变化与适度规模问题

闽乐南区域是中国主要蔗糖产区之一,１９８６年其甘蔗种植面积为７．３３×１０＾４ｈｍ＾２,蔗糖产量为５１．２×１０＾４ｔ,之后连年滑坡,１９９５年其甘蔗种植面积仅为３．１５×１０＾４ｍｈ＾２,蔗糖产量１６．２×１０＾４ｔ。调查分析了闽乐南区域甘蔗生产的历史及现状,认为其连年滑坡是由多种因素造成的,包括粮食和甘蔗争地矛盾、甘蔗生产和收购政策变化、种蔗收入比其他现金作物低、农户生产规模小而分散等。根据消     

财政拨款项目绩效考评体系建设的有益探索

目前国内财政拨款项目的绩效管理普遍存在着管理不科学、监督不力、绩效不明显等问题 ,根源在于转型时期的体制弊端 ,参照国外的先进经验 ,绩效考评管理体制应该向制度化、标准化、科学化、客观化、实用化的方向发展。全额财政拨款的地震部门项目绩效考评制建设在这些方面做了一些有益的探索。     

论盐矿化学分析项目的合理选择

盐矿化学分析 ,对研究盐矿组分全貌 ,分析盐类沉积阶段 ,评价盐矿质量 ,制订采卤工艺等方面都是极其重要的手段。依据多年来从事探盐找钾工作的实践经验 ,对盐矿所含易溶、难溶两种盐类组分 ,提出了水溶和酸溶两个系统的分析 ,并针对不同类型盐矿的化学分析项目进行了合理选择     

‘Imagineering’ Asian emerging markets: Financial knowledge networks in the fund management industry

This paper examines knowledge production networks in the fund management industry. Focusing on Asian emerging markets (EMs), I explore how fund managers, brokers and research analysts utilise a combination of texts, analytical structures, codified procedures, and social networks to generate interpretations and perspectives on Asian EMs. Utilising a process-based approach, I investigate how ‘EMs’ as an investment category is imagined and practiced by those in the fund management industry through knowledge networks and how such networks are produced and maintained. Discussions are drawn from interviews conducted with 22 EMs specialists in Singapore and London. I argue that Asian EMs have distinct characteristics that are acted upon and reproduced by finance workers in particular ways and that the acquisition and transfer of tacit knowledge takes on increased significance when codified knowledge structures are lacking. Actors in Singapore and London are also embedded in different knowledge networks, which offer different strategic advantages but, when taken together, form a complex and multi-layered knowledge production network of ‘imagineering’ Asian EMs from both within and outside of Asia.