Greenland and the Paris Agreement Case Study Solution
Greenland and the Paris Agreement are two countries that are not only important for environmental reasons but also for their political standings. With the global warming debate continuing to rage, both countries are seeking to do their part to help fight the climate change. In order to accomplish this, it is important for each country to take steps to make their environment more sustainable. Whether or not this is possible will depend on the country's willingness to make changes. However, if a country decides to take action to become more sustainable, it will be able to do so.
Problem Statement
The Paris Climate Agreement aims to limit the temperature rise of the planet by limiting greenhouse gas emissions. However, this is a daunting task. To wit, the average temperature of the Arctic has increased by about twice the global average over the past two centuries. Consequently, if this warming trend continues, the Greenland ice sheet is on its way out.
There's no doubt about it, the Greenland ice sheet is melting at an alarming rate. In fact, in the past two decades, the ice sheet has lost nearly four trillion tons of ice. And while the ice sheet has not melted as fast as in the early 1990s, it's still losing more ice than ever before.
As for how long it will take, it's hard to say. Some models show that much of the sea-level rise can be avoided by limiting warming to around 1.5 degC.
However, it's not just the oceans that are getting warmer. The surface of the ice sheet has been exposed to warmer air at lower altitudes, causing it to melt more quickly. This will likely lead to more sea-level rise in the coming decades.
The Greenland ice sheet is the largest contributor to sea-level rise, displacing a significant amount of water. Moreover, the ice sheet has enough water to raise the world's oceans by at least 20 feet, if not more.
Case Study Solution
The Paris Climate Agreement is a landmark international accord that seeks to significantly cut global greenhouse gas emissions. It also recognizes the impact of small island nations and provides a pathway for developing nations to assist in addressing the climate threat.
The agreement includes a set of mandatory measures for progress monitoring and verification. They include a carbon reduction target called the "intended nationally determined contribution", economy-wide carbon-cutting goals, and the preservation of carbon sinks.
A related initiative is the Green Climate Fund, a transformational private-finance initiative using public dollars. It provides funding and support to poorer countries that are not able to implement climate change mitigation measures.
In the RCP 8.5 scenario, outlet glaciers disappear by the end of the millennium. However, the ice sheet still retains a significant amount of water, enough to raise global sea levels by twenty feet or more.
However, the RCP 2.6 emission path is expected to bring a recession of the margins in the southwest and west. These areas are expected to see large retreats from the ice sheet, which will contribute to an increase in overall ice discharge.
The Paris Climate Agreement does not have any harsh penalties for non-compliance, though it does give countries incentives to meet their goals. Countries are required to submit inventories of their greenhouse gases, and report on their progress relative to their targets. This includes a global stocktake.
Porters Five Forces
The Paris Agreement has opened the door for Greenland to join international climate negotiations. Its potential economic development is based on its natural resources. However, the island's government is concerned about joining the agreement.
Although it has a population of 56,000 (90% indigenous Inuit) and has access to a variety of economic resources, the island is still a dependent territory. In addition, the region is facing disproportionate impacts from climate change.
The Greenland government is considering whether or not to join the Paris Agreement. Many people argue that the island would benefit from participating. Others believe the nation should be excluded. Regardless, the country should take steps to limit its carbon emissions.
Porter's Five Forces is a framework that analyzes the five interacting factors that affect an industry's competitiveness. Each force considers the relative strength of suppliers, buyers, competitors, and the government.
This framework helps companies understand their current competitive position. It also helps managers determine which strategies to adopt in order to achieve business goals.
The Porters Five Forces Model is used to analyze the competitive environment for many industries. These forces are often used to measure the intensity of competition in the market and the profitability of an industry.
Porters Five Forces is also used to identify opportunities and threats. Companies can use this framework to improve their weaknesses or to avoid making a mistake.
PESTLE Analysis
PESTLE analysis is a strategic management tool that helps companies determine the impact of threats and opportunities. It is also used by organizations to launch new projects and measure their success.
PESTLE is the acronym for Political, Economic, Social, Technological, Environmental, and Legal factors. These are the macro-environment factors that affect the overall profitability of a Materials business. The macro-environment factors can be positively or negatively impacting a Materials firm.
Using PESTLE analysis, a company can get a clear picture of the macro-environment. This is important for any business strategy. Unlike the SWOT analysis, PESTLE analyzes specific issues.
For instance, a company must consider whether it is legally permitted to do something. Laws such as antitrust laws, labor regulations, and consumer protection laws may impact your business. Similarly, economic factors such as inflation rates, foreign direct investment, and exchange rates can influence your business indirectly.
Another factor is technological innovation. Companies need to keep up with the latest technologies if they want to remain competitive. Likewise, technological factors can affect your business's entry into a particular sector. Depending on the market, you may need to invest in a new technology.
An organization can make the most of its technological capabilities by launching a new product or service that caters to its target market. However, it is essential to understand which factors contribute to technological innovation.
Financial Analysis
The Paris Agreement was an important milestone in international climate negotiations. It establishes a framework for transparent monitoring of climate goals. Also, it provides tools to rein in emissions. As the name suggests, the agreement recognizes that the developing world suffers most from global warming.
There are many important details to consider. For starters, the Paris Agreement does not contain any harsh penalties for failure to meet its goals. Instead, it requires countries to put forward progressively stronger targets. However, studies show that achieving this goal will cost more than a trillion dollars by the end of the century.
The Paris Agreement is a huge step towards limiting global greenhouse gas emissions. Although its benefits are still being debated, it has been hailed as a landmark. In December of 2015, 195 nations signed up to the Agreement. Among those signatories are a range of rich and poor nations. Some, like Greenland, are dependent territories.
One of the more impressive aspects of the agreement is the financial aid it will provide for victims of climate change. This includes financial support for adaptation to climate change and phasing out investments in fossil fuels. These funds are managed by the Green Climate Fund, a public-private partnership aimed at mobilizing transformational private finance using public dollars.
The agreement also contains the most prestigious award, a trophy recognizing countries that have demonstrated the most progress. Developing nations are encouraged to contribute financially to the fund, but not legally obliged to do so.
Recommendations
The Paris Agreement is a global agreement to reduce greenhouse gas emissions. It was signed in December 2015 and was accepted by 195 nations.
The Paris Agreement contains an ambitious target. It requires countries to limit the increase in global temperature to 1.5 degrees and neutralize anthropogenic emissions within the next decade. However, the pledges made by the European Union (EU) are far below this limit.
According to Article 4 of the PA, parties must put forward plans to reduce emissions by the year 2030. This is a more drastic commitment than Art. 2 PA.
A more ambitious target is expected to be submitted at COP 26, which will be held in November 2021 in Glasgow. Countries are also expected to strengthen their emissions targets over time. They are required to submit greenhouse gas inventories and report on the progress they have made towards reducing emissions.
Another key feature of the Paris Agreement is the transparency and accountability provisions. These include international procedures for reviewing submitted reports. Those reports will feed into a Global Stocktake, which will assess how the collective efforts of all parties are going towards meeting their long-term climate goals.
The agreement provides a pathway for developed nations to help developing countries reduce their carbon emissions. This will be a major incentive for these countries to do their part.
This is just a sample partial case solution. Please place the order on the website to order your own originally done case solution.
Related Case Solutions & Analyses:
Airbus A3XX: Developing the Worlds Largest Commercial Jet (A)
Meeting the Diversity Challenge at PepsiCo: The Steve Reinemund Era
Social media: The New Hybrid Element of the Promotion Mix
Cirque du Soleil–The High-Wire Act of Building Sustainable Partnerships
HubSpot: Inbound Marketing and Web 2.0
Symbian Google & Apple in the Mobile Space (A)
Sanctuary Soft: International Expansion Strategies
U.S. Subprime Mortgage Crisis: Policy Reactions (B)
The Walt Disney Company and Pixar Inc.: To Acquire or Not to Acquire
HP: The Computer is Personal Again
