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Implementation of Sustainable Development Goals Through the Equimarginal Principle and Circular Economy

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  • Konuralp Pamukcu

    (College of Business and Information Technology, Chicago, USA, University of Phoenix, Chicago, United-States)

Abstract

Limiting global warming to 1.5o Celsius is the goal set by the Intergovernmental Panel on Climate Change for avoiding catastrophic and irreversible consequences. Time is running out quickly for humanity to reach this 1.5o Celsius goal and efficiently mitigate and adapt to the negative impacts of climate change. Climate stabilization policies and actions will determine global economic, social, political, and ecological health in the next decade. This paper analyzes the economic and environmental consequences of public policy choices related to Sustainable Development Goal (SDG) 13, Climate Action. The analysis examines how SDG 13 could be implemented more rapidly and effectively through the Equimarginal Principle and based on the principle of Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC). The paper also discusses how transitioning to a circular economy could play a significant role in achieving the SDG 13 and the objectives of the Paris Agreement.

Suggested Citation

  • Konuralp Pamukcu, 2020. "Implementation of Sustainable Development Goals Through the Equimarginal Principle and Circular Economy," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 70(2), pages 267-286, December.
    • Handle: RePEc:ist:journl:v:70:y:2020:i:2:p:267-286
    DOI: 10.26650/ISTJECON2020-804635
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    References listed on IDEAS

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    2. Ngan, Sue Lin & How, Bing Shen & Teng, Sin Yong & Promentilla, Michael Angelo B. & Yatim, Puan & Er, Ah Choy & Lam, Hon Loong, 2019. "Prioritization of sustainability indicators for promoting the circular economy: The case of developing countries," MPRA Paper 95450, University Library of Munich, Germany, revised 01 Jun 2019.
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