The Equity in Sustainability: Unravelling Financial Realities and Global South Perspective on Mitigating Carbon Emission

Sumiti Kataria

doi:10.35784/preko.5639

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Published: Jul 1, 2024

DOI: https://doi.org/10.35784/preko.5639

Issue Vol. 19 No. 2 (2024)

Articles

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On Sustainable Development under the Conditions of Human Capital Migration: A New Agenda for External and Internal Population Displacement
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On Naturally Unsustainable and Artificially Sustainable Development
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Artificial Intelligence in the Scientific and Technological Paradigm of Global Economy
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Food Loss and Food Waste Along the Food Supply Chain – An International Perspective
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Nonlinear Effects of Agricultural Technology on Sustainable Grain Production in China
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Comparative Analysis of the Quality of Working Life in Ukraine and in EU Countries
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The Contribution of the Business, Management and Accounting Literature to the UN Sustainable Development Goals
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International Determinants of Demining Territories in the Context of Sustainable Development: Economic Projection
Yuliia Rohozian, Kseniia Sieriebriak, Yevhen Akhromkin, Mykhailo Plietnov, Viktoriia Vakhlakova

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The Equity in Sustainability: Unravelling Financial Realities and Global South Perspective on Mitigating Carbon Emission
Sumiti Kataria

215-227
How Sport Innovations Can Shape Sustainable Cities: An Interdisciplinary Approach
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The Transformation of the European Union's Energy Sector
Dmytro Banas, Tetiana Melnyk

293-308

DOI

https://doi.org/10.35784/preko.5639

Authors

Sumiti Kataria

sumiti.kataria17795@gmail.com

Jilin University, China

https://orcid.org/0000-0003-4681-1661

Abstract

The economics of environmental sustainability is embedded in several tragic dilemmas, underscoring the inefficiency of contemporary socio-economic structure that has failed to provide prior consideration to the issues related to protecting the socially excluded and marginalized community. The study scrutinizes how corporate giants favour the commercial aspects of development, promoting a mercantile logic of meritocracy and capitalistic zeal of accumulating wealth, neglecting the social component of sustainability and subsistence. Emphasizing the symbiotic nature of environmental sustainability, the article advocates the significance of constructing a value system that transcends instrumental reasoning to support an intrinsic value of ecologism – focusing on the innate correlation between nature and human civilization, demanding not only the transformation of the financial and economic pattern of consumption but also coercing us to rethink our value system in favour of prioritizing the subsistence rights of poor and marginalized societies. Therefore, the primary objective of the article is to analyze the financial aspects of reducing carbon emissions along with evaluating the perspective of the global south in restoring the balance between sustainability and material inequality, adopting an interpretive approach to evolve a deep and nuanced understanding of the phenomenon of our discussion.

Keywords:

environment, mitigation, adaptation, sustainability, development

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Kataria, S. (2024). The Equity in Sustainability: Unravelling Financial Realities and Global South Perspective on Mitigating Carbon Emission. Problemy Ekorozwoju, 19(2), 215–227. https://doi.org/10.35784/preko.5639

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The Equity in Sustainability: Unravelling Financial Realities and Global South Perspective on Mitigating Carbon Emission

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