Sustainable Development
Exploring Sustainable Development in the Cruise Industry View Digital Media
Paper Presentation in a Themed Session
Eini Haaja,
Carolin Lusby
The cruise industry is loudly proceeding with sustainability advancement as both cruise lines and shipbuilders are now setting ambitious sustainability objectives. However, given the wide and complex business networks in the industry, various actors seem to have somewhat scattered, general-level objectives, while the systemic change for sustainability calls for collective, practical and farsighted developments. Our study explores the variety of these views among different industry stakeholders and asks (1) how do different cruise industry actors view the future of the industry and (2) how are the growing sustainability demands affecting it. The research data is based on interviews conducted with company representatives in shipbuilding and cruise lines, and in related associations and policymaking bodies. The findings of the research show that the future seems blurred in terms of how the ships and the whole cruise concept will change in the future, particularly due to regulatory pressures both in the EU as the location for key shipbuilders and in the variety of cruise destinations that seek to limit the negative impacts of cruising in their communities and environments. The sustainability objectives thus play a central role in the future development of the industry, combined with changing customer demands and technological advancements.
Towards Sustainable Development Goal 13: The Impact of Key Factors on Environmental Degradation in China
Paper Presentation in a Themed Session
Vishal Dagar
In the current situation, it is crucial to look into the effects of increased international or global trade, financial development, foreign direct investment (FDI), energy consumption, and institutional advancement on the environment. This study focuses on how the aforementioned variables have caused environmental degradation in China. To achieve Goal 13 of the Sustainable Development Goals (SDGs), to promote climate action and safeguard life as part of sustainable development, this involves the analysis of time-series type of data sets from 1975 to 2021 and the use of the dynamic version of ARDL (Autoregressive Distributed Lag) cointegration or simulation model. The results show that foreign direct investments play a critical role in reducing carbon dioxide (CO2) emissions over the long term, but financial development, the volume of international trade, and the level of energy use or consumption contribute to an increase in environmental deterioration. Moreover, China's environmental degradation is decreased by high institutional quality. To accomplish the SDGs and reduce environmental degradation, it is essential to take into account how these elements interact and to adopt a holistic strategy that includes regulations, policies, and education. On the basis of our trustworthy findings, suggestions are made to keep the sustainable development.
Denver LEED Certification Multifamily Rent Premiums View Digital Media
Paper Presentation in a Themed Session
Perry Wisinger
The US Green Building Council’s (USGBC) mission is to secure a prosperous, healthy, and sustainable future and their Leadership in Energy and Environmental Design (LEED) is the foremost program worldwide for the design, construction maintenance, and operation of green buildings. Prior national research supports that LEED certification enhances the value of single-family residences, multifamily apartments, and commercial office space, but no research addresses the local impact of certification on multifamily apartments. This study of 100 apartments finds LEED certification statistically adds a rent premium of $0.13 per sq. ft. and a capitalized value between $22 per sq. ft. and $31 per sq. ft. to multifamily commercial properties in downtown Denver, CO.
