Search Results (957)

The goals of the European Union towards the energy transition imply profound changes in the energy field, so as to promote sustainable energy development while fostering economic growth. To achieve these changes, the incorporation of sustainable technologies supporting decentralisation, energy efficiency, renewable energy production, and demand flexibility is of vital importance. Blockchain has the potential to change energy services towards this direction. To optimally exploit blockchain, innovative business models need to be designed, identifying the opportunities emerging from unmet needs, while also considering potential risks so as to take action to overcome them. In this context, the scope of this paper is to examine the opportunities and the risks that emerge from the adoption of blockchain in four innovative business models, while also identifying mitigation strategies to support and accelerate the energy transition, thus proposing optimal approaches of exploitation of blockchain in energy services. The business models concern Energy Performance Contracting with P4P guarantees, improved self-consumption in energy cooperatives, energy efficiency and flexibility services for natural gas boilers, and smart energy management for EV chargers and HVAC appliances. Firstly, the value proposition of the business models is analysed and results in a comprehensive SWOT analysis. Based on the findings of the analysis and consultations with relevant market actors, in combination with the examination of the relevant literature, risks are identified and evaluated through a qualitative assessment approach. Subsequently, specific mitigation strategies are proposed to address the detected risks. This research demonstrates that blockchain integration into these business models can significantly improve energy efficiency, reduce operational costs, enhance security, and support a more decentralised energy system, providing actionable insights for stakeholders to implement blockchain solutions effectively. Furthermore, according to the results, technological and legal risks are the most significant, followed by political, economic, and social risks, while environmental risks of blockchain integration are not as important. Strategies to address risks relevant to blockchain exploitation include ensuring policy alignment, emphasising economic feasibility, facilitating social inclusion, prioritising security and interoperability, consulting with legal experts, and using consensus algorithms with low energy consumption. The findings offer clear guidance for energy service providers, policymakers, and technology developers, assisting in the design, deployment, and risk mitigation of blockchain-enabled business models to accelerate sustainable energy development. Full article

Agricultural development is vital for East Africa’s economic growth, yet the region faces significant disparities and systemic barriers. A critical problem exists due to the lack of an integrated quantitative framework to systematically comparing agricultural capacities and facilitate optimal resource allocation, as existing studies often overlook combined internal and external factors. This study proposes a comprehensive multi-criteria decision-making (MCDM) model to assess, categorize, and strategically profile the agricultural development capacity of 18 East African countries. The method employed is an integrated Entropy-MAIRCA model, which objectively weighs six criteria (the food production index, arable land, production fluctuation, food export/import ratios, and the political stability index) and ranks countries by their distance from an ideal development state. The experiment applied this framework to 18 East African nations using official data. The results revealed significant differences, forming four distinct strategic groups: frontier, emerging, trade-dependent, and high risk. The food export index (C4) and production volatility (C3) were identified as the most influential criteria. This model’s contribution is providing a science-based, transparent decision support tool for designing sustainable agricultural policies, aiding investment planning, and promoting regional cooperation, while emphasizing the crucial role of institutional factors. Full article

Background/Objectives: Vaccine hesitancy is becoming an increasing concern, leading to preventable outbreaks of infectious diseases. During the COVID-19 pandemic, the United States served as an intriguing case study for exploring how risk perception and trust in health authorities, including scientists, are influenced by government policies and how these factors affect vaccine hesitancy. Methods: We conducted a secondary analysis using the MIT COVID-19 Survey dataset to investigate whether risk perception and trust differ between states governed by Democratic or Republican governors. Results: Our analysis (n = 6119) found that participants did not vary significantly by state political affiliation in terms of their sociodemographic factors (such as age, gender, self-rated health, education, and whether they live in a city, town, or rural area), their perceived risk for the community, or their ability to control whether they become infected. However, there was a difference in the perceived risk of infection, which was higher in states governed by Republicans. Trust also varied by gubernatorial affiliation, with higher levels of trust reported among residents of Democratic-leaning states. We also found a strong mediation effect of trust on vaccine hesitancy, but this was not the case for risk perception. Conclusion: Therefore, it appears that vaccine acceptance relies on trust in health authorities, which is influenced by governmental policies. State officials should work with local health officials to build trust and increase timely responses to public health crises. Full article

This study explores the interplay of climate vulnerability and social capital in two rural communities: Brajaballavpur, a high-climate-prone village in the Indian Sundarbans characterized by high ecological fragility, recurrent cyclones, and saline water intrusion affecting water access, livelihoods, and infrastructure; and Jemua, a low-climate-prone village in the land-locked district of Paschim Bardhaman, West Bengal, India, with no extreme climate events. A total of 85 participants (44 in Brajaballavpur, 41 in Jemua) were selected through purposive sampling. Using a comparative qualitative research design grounded in ethnographic fieldwork, data were collected through household interviews, Participatory Rural Appraisals (PRAs), Focus Group Discussions (FGDs), and Key Informant Interviews (KIIs), and analyzed manually using inductive thematic analysis. Findings reveal that bonding and bridging social capital were more prominent in Brajaballavpur, where dense horizontal ties supported collective action during extreme weather events. Conversely, linking social capital was more visible in Jemua, where participants more frequently accessed formal institutions such as the Gram Panchayat, local NGOs, and government functionaries that facilitated grievance redressal and information access, but these networks were concentrated among more politically connected individuals. The study concludes that climate vulnerability shapes the type, strength, and strategic use of social capital in village communities. While bonding and bridging ties are crucial in high-risk contexts, linking capital plays a critical role in enabling long-term social structures in lower-risk settings. The study contributes to both academic literature and policy design by offering a relational and place-based understanding of climate vulnerability and social capital. Full article

Land Value Capture (LVC) is increasingly being emphasized as a key mechanism for financing mass transit systems, promoted as a sustainability-oriented policy tool amid tightening public budgets. China has adopted a development-led approach to value capture through the “Rail plus Property (R + P)” model, drawing inspiration from the Hong Kong experience. The Shenzhen Metro’s “R + P” strategy has been widely acclaimed as the key to its reputation as “the only profitable transit company in mainland China without subsidies.” This paper questions this assumption and argues that the Shenzhen model is neither sustainable nor replicable, as its past performance depended on two exceptional conditions: an ascending phase of a real-estate cycle and unique institutional concessions from the central state. To substantiate this argument, we contrast Shenzhen’s value capture strategy with that of Nanjing—a provincial capital operating under routine institutional conditions, with governance and spatial structures broadly reflecting the prevailing urban development model in China. Using a comparative framework structured around three key dimensions of LVC—urban governance, risk management, and the transit company’s shift toward real estate—this paper reveals how distinct urban political economies give rise to contrasting value capture approaches: one expansionary, prioritizing short-term profit and rapid scale-up while downplaying risk management (Shenzhen); the other conservative, shaped by institutional constraints and characterized by reactive, incremental adjustments (Nanjing). These findings suggest that while LVC instruments offer valuable potential as a funding source for public transit, their long-term viability depends on early institutional embedding that aligns spatial, fiscal, and political interests, alongside well-developed project planning and capacity support in real estate expertise. Full article

The 100-Day Mission, coordinated by the Coalition for Epidemic Preparedness Innovations (CEPI) and endorsed by significant international stakeholders, aims to shorten the timeframe for developing and implementing vaccines to 100 days after the report of a new pathogen. This ambitious goal is outlined as an essential first step in improving pandemic preparedness worldwide. This review highlights the mission’s implementation potential and challenges by examining it through the lens of low- and middle-income countries (LMICs), which often face barriers to equitable vaccine access. This article explores the scientific, economic, political, and social aspects that could influence the mission’s success, relying on lessons learned from previous pandemics, such as the Spanish flu, H1N1, and COVID-19. We also examined important cornerstones like prototype vaccine libraries, accelerated clinical trial preparedness, early biomarkers identification, scalable manufacturing capabilities, and rapid pathogen characterization. The review also explores the World Health Organization (WHO) Pandemic Agreement and the significance of Phase 4 surveillance in ensuring vaccine safety. We additionally evaluate societal issues that disproportionately impact LMICs, like vaccine reluctance, health literacy gaps, and digital access limitations. Without intentional attempts to incorporate under-resourced regions into global preparedness frameworks, we argue that the 100-Day Mission carries the risk of exacerbating already-existing disparities. Ultimately, our analysis emphasizes that success will not only rely on a scientific innovation but also on sustained international collaboration, transparent governance, and equitable funding that prioritizes inclusion from the beginning. Full article

This article explores the role of the European Union (EU) as a normative gender actor promoting women’s participation in STEM (Science, Technology, Engineering, and Mathematics) within the Eastern Partnership (EaP) region. In a context marked by global inequality and overlapping international efforts, this paper assesses the extent to which EU-driven Europeanisation influences national gender policies in non-EU states. Using a postfunctionalist lens, this research draws on a qualitative analysis of EU-funded programmes, strategic documents, and a detailed case study encompassing Armenia, Georgia, Moldova, Ukraine, Belarus, and Azerbaijan. This study highlights both the opportunities created by EU initiatives such as Horizon Europe, Erasmus+, and regional programmes like EU4Digital and the challenges presented by political resistance, institutional inertia, and socio-cultural norms. The findings reveal that although EU interventions have fostered significant progress, structural barriers and limited national commitment hinder the long-term sustainability of gender equality in STEM. Moreover, the withdrawal of other global actors increases pressure on the EU to maintain leadership in this area. This paper concludes that without stronger national alignment and global cooperation, EU gender policies risk becoming symbolic rather than transformative. Full article

This article re-examines Julio Cortázar’s “Continuity of Parks” (1956) and “Instructions for John Howell” (1963) through the lens of reader-response theory, hermeneutics, and cognitive narratology. Traditionally viewed as examples of the fantastic, these stories are interpreted here as complementary explorations of passive and active reading, offering a literary dialectic that parallels the reflections articulated in Cortázar’s Rayuela [Hopscotch] (1963). Drawing on Wolfgang Iser’s theories of textual gaps and reader cooperation, Paul Ricoeur’s hermeneutics of appropriation, and more recent approaches to cognitive immersion and narrative engagement, this study argues that both stories dramatize reading as an ethical and political act. “Continuity of Parks” illustrates the dangers of uncritical textual consumption, culminating in the protagonist’s epistemic and existential annihilation, while “Instructions for John Howell” presents a model of insurgent readership, where the spectator’s appropriation of the play foregrounds the risks and possibilities of narrative intervention. By analyzing the use of metalepsis, destabilized focalization, and narrative layering in these stories, this article highlights how Cortázar anticipates contemporary concerns regarding reader agency, interpretive autonomy, and the sociopolitical implications of literary engagement. Full article

This study investigates the impact of geopolitical risk, firm characteristics, and macroeconomic variables on the performance of non-financial firms listed on the Egyptian Stock Exchange. The study analyzes a panel dataset consisting of 182 Egyptian firms over the period 2014–2023. Using the panel Generalized Method of Moments (GMM) regression technique, the study examines the effect of geopolitical risk on the return on assets. This study controls for firm characteristics such as liquidity, leverage, and growth opportunities and controls for macroeconomic variables such as inflation and GDP. This empirical evidence investigates the moderating role of FinTech on such relationship. The results reveal a significant and negative relationship between geopolitical risk and firms’ performance. Liquidity, growth opportunities, and inflation show positive and significant impacts. In contrast, leverage and GDP demonstrate significant negative relationships. Remarkably, FinTech moderates the relationship significantly and positively. Therefore, investors ought to proceed with prudence when positioning cash within elevated political volatility. The significant positive moderating effect of FinTech on this connection provides a vital strategic insight: enterprises with enhanced FinTech integration may demonstrate increased resilience to geopolitical shocks. Full article

Electric passenger vehicles are set to dominate the European car market, driven by EU climate policies and the 2035 ban on internal combustion engine production. This study assesses the sustainability of this transition, focusing on global warming potential and Critical Raw Material (CRM) extraction throughout its life cycle. The intensive use of CRMs raises environmental, economic, social, and geopolitical concerns. These materials are scarce and are concentrated in a few politically sensitive regions, leaving the EU highly dependent on external suppliers. The extraction, transport, and refining of CRMs and battery production are high-emission processes that contribute to climate change and pose risks to ecosystems and human health. A Life Cycle Assessment (LCA) was conducted, using OpenLCA software and the Ecoinvent 3.10 database, comparing a Peugeot 308 in its diesel and electric versions. This study adopts a cradle-to-grave approach, analyzing three phases: production, utilization, and end-of-life treatment. Key indicators included Global Warming Potential (GWP100) and Abiotic Resource Depletion Potential (ADP) to assess CO₂ emissions and mineral resource consumption. Technological advancements could mitigate mineral depletion concerns. Li-ion battery recycling is still underdeveloped, but has high recovery potential, with the sector expected to expand significantly. Moreover, repurposing used Li-ion batteries for stationary energy storage in renewable energy systems can extend their lifespan by over a decade, decreasing the demand for new batteries. Such innovations underscore the potential for a more sustainable electric vehicle industry. Full article

Land subsidence significantly threatens vulnerable coastal environments. This study aims to explore how Semarang’s government, local communities, and researchers address land subsidence and its role in exacerbating flood risk, against the backdrop of ongoing efforts within flood risk governance. Employing an integrated mixed-methods approach, the research combined quantitative geospatial analysis (InSAR and land cover change detection) with qualitative socio-political and governance analysis (interviews, FGDs, field observations). Findings show high subsidence rates in Semarang. Line of sight displacement measurements revealed a continuous downward trend from late 2014 to mid-2023, with rates varying from −8.8 to −10.1 cm/year in Karangroto and Sembungharjo. Built-up areas concurrently expanded from 21,512 hectares in 2017 to 23,755 hectares in 2023, largely displacing cropland and tree cover. Groundwater extraction was identified as the dominant driver, alongside urbanization and geological factors. A critical disconnect emerged: community views focused on flooding, often overlooking subsidence’s fundamental role as an exacerbating factor. The study concluded that multi-level collaboration, improved risk communication, and sustainable land management are critical for enhancing urban coastal resilience against dual threats of subsidence and flooding. These insights offer guidance for similar rapidly developing coastal cities. Full article

The management of public health projects in a BANI (brittle, anxious, non-linear, incomprehensible) environment, exemplified by the ongoing war in Ukraine, presents unprecedented challenges due to fragile systems, heightened uncertainty, and complex socio-political dynamics. This study proposes an AI-driven framework to enhance the resilience and effectiveness of public health interventions under such conditions. By integrating a coupled SEIR–Infodemic–Panicdemic Model with war-specific factors, we simulate the interplay of infectious disease spread, misinformation dissemination, and panic dynamics over 1500 days in a Ukrainian city (Kharkiv). The model incorporates time-varying parameters to account for population displacement, healthcare disruptions, and periodic war events, reflecting the evolving conflict context. Sensitivity and risk–opportunity analyses reveal that disease transmission, misinformation, and infrastructure damage significantly exacerbate epidemic peaks, while AI-enabled interventions, such as fact-checking, mental health support, and infrastructure recovery, offer substantial mitigation potential. Qualitative assessments identify technical, organisational, ethical, regulatory, and military risks, alongside opportunities for predictive analytics, automation, and equitable healthcare access. Quantitative simulations demonstrate that risks, like increased displacement, can amplify infectious peaks by up to 28.3%, whereas opportunities, like enhanced fact-checking, can reduce misinformation by 18.2%. These findings provide a roadmap for leveraging AI to navigate BANI environments, offering actionable insights for public health practitioners in Ukraine and other crisis settings. The study underscores AI’s transformative role in fostering adaptive, data-driven strategies to achieve sustainable health outcomes amidst volatility and uncertainty. Full article

This study examines the dynamics of culture-led urban development, focusing on the role of museums and cultural institutions in urban transformation through the case study of Holon, Israel. Reliance on public funding and political support for cultural initiatives exposed this strategy’s fragility. Political transitions and budget reductions highlight the vulnerabilities of cultural institutions to shifting priorities and economic pressures. This study critically examines the interplay between cultural policy, urban branding, and community engagement, exploring how these dynamics contribute to urban renewal and the challenges that jeopardize its sustainability. Drawing on theoretical frameworks of cultural capital and place branding, the research explores how cultural investments can strengthen and destabilize cities’ socioeconomic and symbolic fabric. The study highlights the dual potential and fragility of culture-driven urban regeneration through a mixed-methods approach combining archival research, interviews, and field observations. By analyzing Holon’s trajectory, this research offers valuable insights into the potential and risks of leveraging culture for urban regeneration, emphasizing the need for resilient governance structures and diversified funding strategies to ensure the longevity of culture-led urban development. Full article

The aim of this research is to thoroughly investigate the influence of the 2025 Donald Trump Presidential Inauguration on informational efficiency of the U.S. exchange-traded fund market in the context of political risk. The data set includes daily observations for twenty U.S. Exchange-Traded Funds (ETFs). The whole sample comprises the period from 20 October 2024 to 20 April 2025. Since the Presidential Inauguration of Donald Trump took place on 20 January 2025, two sub-samples of an equal length are analyzed: (1) the period before the 2025 U.S. Presidential Inauguration from 20 October 2024 to 19 January 2025 and (2) the period after the 2025 U.S. Presidential Inauguration from 20 January 2025 to 20 April 2025. Since the whole sample period is not long (six months), to estimate market efficiency, modified Shannon entropy based on symbolic encoding with two thresholds is used. The empirical findings are visualized by symbol-sequence histograms. The proposed research hypothesis states that the U.S. ETF market’s informational efficiency, as measured by entropy, substantially decreased during the turbulent period after the Donald Trump Presidential Inauguration compared to the period before the Inauguration. The results unambiguously confirm the research hypothesis and indicate that political risk could affect the informational efficiency of markets. To the best of the author’s knowledge, this is the first study exploring the influence of the Donald Trump Presidential Inauguration on the informational efficiency of the U.S. ETF market. Full article

This study critically examines the rapid proliferation of megaprojects across the Arab region, with a focus on the Gulf Cooperation Council (GCC) countries, where large-scale developments are strategically deployed to reshape global economic influence and enhance geopolitical positioning. Megaprojects, characterized by their vast scale, substantial financial investment, and long-term impact, remain a subject of intense academic debate. While much of the literature questions their economic viability, citing frequent cost overruns and misalignment with localized urban priorities, megaprojects continue to emerge worldwide. Governments and developers promote megaprojects as catalysts for foreign investment, tourism growth, and enhancing the global stature of host countries and regions. Beyond financial and economic imperatives, megaprojects are fundamentally shaped by socio-spatial, socio-political, and capital accumulation dynamics, each playing a critical role in their justification and implementation. These interconnected forces influence the prioritization of large-scale developments, often reinforcing their persistence as dominant urban and infrastructural strategies despite well-documented uncertainties and risks. The study employs a comparative case study approach to analyze two high-profile megaprojects: Masdar City in Abu Dhabi and The Line in NEOM, Saudi Arabia. By examining their underlying motivations, political, social, and economic dynamics, and projected success factors, the study aims to provide an evidence-based assessment of the forces driving these large-scale developments and their potential for completion and long-term viability. This study contributes to the ongoing discourse on megaproject development by offering a nuanced, evidence-based analysis of the socio-political and economic forces shaping large-scale urban initiatives in the Arab region. By critically evaluating the motivations and viability of Masdar City and The Line, this research provides valuable insights that can inform future scholarly inquiries into the governance, planning, and long-term sustainability of megaprojects. The Study offers a strategic framework for policymakers, urban planners, and investors to make more informed, balanced decisions that align large-scale developments with broader economic and social priorities, mitigating risks associated with cost overruns, feasibility challenges, and socio-spatial disparities. Full article