Developing Economics🔒 SSL VerifiedWelcome to the detailed analysis for developingeconomics.org. This domain is officially recognized as Developing Economics – A Critical Perspective On Development Economics. According to their official web presence, their primary focus is: "The Developing Economics blog takes critical approach to development economics and seeks to stimulate reflection and debate within and outside academia.".
"Don’t threaten my parmesan! My olive oil! My coffee. My maple syrup. I love a good food commodity story line to highlight the climate disaster, delivered with a humourous punch. Many of us do. It’s financial and climate news in a relatable headline. It’s economic news for everyday life. Of course it’s no laughing matter."
"This August we learned that the punishing heatwave this summer is affecting the Italian $4.7-billion-euro parmiagiano market. The story immediately captured our attention not only because – well parmagiano – but because the wheels of parmesan are so reliably valuable that a regional bank accepts them as loan collateral, aging in climate-controlled vaults. Cheese as gold for the gold of cheese. Now the warming climate is threatening this financialised arrangement."
"2026 has brought the urgency of just transitions to the fore across different registers. This year has witnessed the capitals of global finance and postcolonial economic expansion in Europe and North America face unprecedented heatwaves and droughts. The US-Israel war on Iran continues to choke shipping traffic through the Strait of Hormuz and disrupt oil and gas production in the Gulf states. These events have underscored the social, economic and ecological vulnerability inherent in a fossil fuel-based global economy and highlighted the perils of disorderly transitions at the very moment when international law and policymaking arenas have opened up spaces for conversations on just, orderly and equitable transitions and how to finance them."
"The 30th meeting of the United Nations Framework Convention on Climate Change (UNFCCC) Conference of Parties in Belém, Brazil in November last year launched a process to establish a Just Transition Mechanism (JTM), a focal point for supporting countries transition to decarbonised and climate resilient futures in a just and equitable manner. In parallel, the COP30 Presidency developed a Roadmap on Transitioning Away from Fossil Fuels (TAFF) with the aim of ‘advancing concrete action and deepening the discussions initiated at COP30 in Belém and ‘to build a shared understanding of the transition’. At the same time, a coalition of states, subnational governments and civil society groups led by Colombia and the Netherlands had initiated the high-profile First Conference on Transitioning Away from Fossil Fuels in Santa Marta, Colombia (the Santa Marta Conference) to accelerate the global transition away from fossil fuel dependence in ‘a just, orderly and equitable manner’."
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