EXPLORING THE WAYS FOR INTEGRATING THE GREEN BOND WITH DECOUPLING PROJECTS THROUGH MONITORING AND EVALUATION: THE CARBON EMISSION ATLAS AND EXPERT SYSTEM (KAUS)

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2022-4-28

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Çavuşoğlu, Şevval

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More research in recent years has highlighted that the climate crisis is a consequence of the immense release of carbon emissions due to human activities. The negative side of the climate crisis is that it has led to severe environmental problems around the globe, which has negatively affected urban settings. Environmental-sensitive planning approaches can help reduce carbon emissions. One effective way to do that is reducing the energy use in cities and gaining the human behavior to become carbon-neutral. On a global scale, international agreements drawing a framework for carbon emissions, such as the Green Deal, reveal the need to look at the situation both environmentally and economically. Therefore, the main aim should be to achieve sustainable green growth by decoupling economic pressure on the environment. There are development projects with the decoupling aim. These projects need funds or grants to be implemented and disseminated. Since state supports are not sufficient throughout the world, private investments should be expanded by creating a market value for these projects. In this respect, green bonds, a green finance instrument, can be a catalyst for this market. Therefore, how these projects and green bonds can be integrated should be sought. Both of these concepts, green bond and decoupling projects, need monitoring and evaluation, so they can combine to work together via M&E tools. The primary purpose of this study is to investigate how the green finance module can be integrated into the monitoring and evaluation systems, including decoupling projects in the planning process. In this context, The Carbon Emission Atlas and Expert System (KAUS) in the GAP Region, conducted by the METU Built Environment and Design Application and Research Center (YTM-MATPUM), has been examined. Also, it has been discussed how green bond can be integrated into this monitoring and evaluation process and what the problems are against this integration.

Subject Keywords

Carbon Emission, Decoupling, Green Finance, Green Bond, Monitoring and Evaluation

URI

https://hdl.handle.net/11511/97254

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Graduate School of Natural and Applied Sciences, Thesis

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Citation Formats

Ş. Çavuşoğlu, “EXPLORING THE WAYS FOR INTEGRATING THE GREEN BOND WITH DECOUPLING PROJECTS THROUGH MONITORING AND EVALUATION: THE CARBON EMISSION ATLAS AND EXPERT SYSTEM (KAUS),” M.S. - Master of Science, Middle East Technical University, 2022.