Graduate School of International Studies (GSIS)

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1 Graduate School of International Studies (GSIS) Spring Semester 2015 SUSTAINABLE DEVELOPMENT AND ENVIRONMENTAL POLICY 9:00 12:00 (Tue.) Class Room: NMH 112 Instructor: Tae Yong Jung Office Hour: By Appointment COURSE DESCRIPTION This course is designed to study and review the 25 years of global efforts to pursue sustainable development. Such efforts have developed the concrete three pillars (Poverty Reduction/Environmental Sustainability/Social Protection) of sustainable development. Especially, the United Nations (UN) has led to establish sustainable development knowledge and capacity for policy-makers, bilateral and multilateral agencies and civil society with local partners in developing countries. The course will explore the basic concept of environmental issues and problems and principles of environmental policies that contribute to achieving the global goal of sustainable development. It is critical to understand the real environmental issues that are complex and very challenging to tackle, find practical solutions. Students will be participating in the discussion and debate on the sustainable development and its environmental component. Special focus will be on the issue for developing countries, whose challenge is to harmonize the economic development and environmental conservation. Specific issues on climate change and sustainable development will be covered in depth. PREREQUISITES There are no specific prerequisites for this course. However, those who do not have economics background are encouraged to read any basic micro economics textbook for better understanding. EVALUATION

2 Each student (or a group, depending of the number of students in this class) will make a short Presentation (about mins.) on the relevant issues and topics in the fields of sustainable development and environment. Presentation material with references should be submitted. (PPT file is also fine.) Active participation in the discussion and debates during the class is highly encouraged. Midterm Exam (40%) Final Presentation (50%) Class Participation (10%) REFERENCES 1. Asian Development Bank (ADB, 2009), The economics of climate change in Southeast Asia: A regional review, Highlights 2. Callan and Thomas (2010), Environmental Economics and Management, 5th ed., Thomson. 3. Coase, Ronald (1937), The Nature of the Firm, Economica, Vol. 4, No. 16, ) 4. Diamond, Jared (2006), Collapse 5. European Commission, FAO, IMF, OECD, UN, World Bank (2012), System of Environmental-Economic Account, Central Framework 6. Hamilton, Kirk (2013), Biodiversity and National Account, Policy Research Working Paper 6441, World Bank 7. International Institute for Sustainable Development (IISD, 2009), Land and Water Resource Management in Asia 8. Intergovernmental Panel on Climate Change (IPCC, 2013, 2014), Climate Change 5 th Assessments Report, SPM WG I SPM WGIII 9. TEEB (2010), The Economics of Ecosystems and Biodiversity: Mainstreaming the Economics of Nature: A synthesis of the approach, conclusions and recommendations of TEEB 10. UNDP (2011), Catalyzing Climate Finance 11. UNDP (2011), Blending Climate Finance Through National Climate Funds 12. UN ESCAP (2012), Low Carbon Green Growth Roadmap in Asia and the Pacific 13. United Nations General Assembly (UNGA, 1987), Out Common Future

3 14. UNGA (2012), The Future We Want 15. UN, Department of Economics and Social Affairs (DESA, 2012), Perspectives on Sustainable Energy for the 21st Century 16. UN DESA (2012), Food and Agriculture: The future of sustainability 17. UNEP (2012), Fresh Water for the Future 18. UN DESA (2013), Sustainable Development Scenarios for Rio World Bank (2012), Moving beyond GDP (Reading Packet is available in the library.) COURSE OUTLINE Week 1: Introduction: Course outline and overviews of environment policy & Sustainable Development: Basic concept of sustainable development from the UN Brundtland Report (1987), Relationship between environment and sustainable development, Historical case of The Maya Collapse from the master piece of Diamond, Collapse, Complex nature of environmental problems. (Readings: Diamond, Jared (2006), Collapse, Chapter 5. United Nations (1987), Out Common Future.) Week 2: Understanding of the basic concepts of environmental economics and polies: Basic economic principles of environmental economics such as market failure, Externality, Public goods, Coase theorem, Environmental policy and economic incentives, Environmental risk analysis (Readings: Callan and Thomas (2010), Environmental Economics and Management, 5th ed., Chapter 4 6. Coase, Ronald (1937), The Nature of the Firm, Economica, Vol. 4, No. 16, ) Week 3: Rio Earth Summit and History and the Progress of Sustainable Development: Landscape of sustainable development , Our common vision, Rio Principles, Agenda 21, New and emerging challenges of sustainable development, (Readings: United Nation General Assembly (2012), The Future We Want UN DESA (2013), Sustainable Development Scenarios for Rio+20, Chapter 1-3)

4 Week 4: Rio+20 Earth Summit and the Future Scenario of Sustainable Development: Sustainable Development as an overarching paradigm, Mainstream sustainable development scenario, Future sustainable development scenario for 2050, Goals and strategies for future sustainable development, (Readings: UN DESA (2012), Back to Our Common Future UN DESA (2013), Sustainable Development Scenarios for Rio+20, Chapter 4-7 Week 5: Nexus Food, Water and Energy I: Water quality for life, Water to cope with climate change and disaster, Agriculture and food, Food security and external challenge, including climate change, Land and water management, Future energy perspective, Sustainable energy development strategies, (Readings: International Institute for Sustainable Development (IISD, 2009), Land and Water Resource Management in Asia UN DESA (2012), Food and Agriculture: The future of sustainability, Chapter 3-4 Week 6: Nexus Food, Water and Energy II: Water quality for life, Water to cope with climate change and disaster, Agriculture and food, Food security and external challenge, including climate change, Land and water management, Future energy perspective, Sustainable energy development strategies, (Readings: UN DESA (2012), Perspectives on Sustainable Energy for the 21st Century, Chapter 2-3 UNEP (2012), Fresh Water for the Future, Chapter.2-4.) Week 7-8: Climate Change and Sustainable Development: Basic understanding of science of climate change, Climate policy discussion, economics of climate change, United Nations Framework on Climate Change (UNFCCC), Implication to sustainable development (Readings: Intergovernmental Panel on Climate Change (IPCC, 2013, 2014), Climate Change, 5 th Assessments Report, SPM WGI-SPM WGIII ADB (2009), The economics of climate change in Southeast Asia: A regional review, Highlights Week 9: Midterm Exam

5 Week 10: Green Climate Finance (GCF) and Sustainable Development: Basic understanding of the structure and operation processes of the GCF located in Sondo, international and national climate financing scheme, basic climate change related project development components in multilateral development banks (World Bank, ADB, etc.) (Readings: UNDP (2011), Catalyzing Climate Finance, UNDP (2011) Blending Climate Finance Through National Climate Funds) Week 11-12: Ecosystem & Biodiversity and Sustainable Development: Basic understanding of ecosystem services, natural resource management, Convention on Biological Diversity (CBD), economic valuation of ecosystem services, Wealth Accounting and the Valuation of Ecosystem Services (WAVES) by World Bank, System of Environmental-Economic Account (SEEA), The Economics of Ecosystems and Biodiversity (TEEB) (Readings: European Commission, FAO, IMF, OECD, UN, World Bank (2012), System of Environmental-Economic Account, Central Framework, Chapter 4. Hamilton, Kirk (2013), Biodiversity and National Account, Policy Research Working Paper 6441, World Bank. TEEB (2010), The Economics of Ecosystems and Biodiversity: Mainstreaming the Economics of Nature: A synthesis of the approach, conclusions and recommendations of TEEB. World Bank (2012), Moving beyond GDP.) Week 13-14: Sustainable Development and Greening Strategies: New sustainable development paradigm and its strategies after Rio+20 summit in 2012, Green growth Roadmap of ESCAP, Greening Strategies from various countries (Readings: ESCAP (2012), Low Carbon Green Growth Roadmap in Asia and the Pacific.) Week 15: Reading Week Week 16: Final Presentation: Each student or group makes the final presentation.