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The political economy of ecological change and economic security in the Global South

INET-YSI conference @Cambridge University

Start time:

July 1, 2024 - July 2, 2024

BST

Location:

Centre of South Asian Studies, Cambridge CB3 9DT

Type:

Other

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Description

The intricacies of the political economy that play out across countries in the Global South have profound significance for understanding the nature of ecological change and economic security that confront our world today. In contrast to the misconception of homogeneity of production conditions and development trajectories in countries in the Global South, there have been regional and local specificities in ecologies that have given rise to particular forms of livelihoods and different types of natural resource management systems.

The current climate crisis has unleashed catastrophic effects on the livelihoods of these communities, the most vulnerable segments have been most adversely impacted and this has exacerbated existing inequalities in these nations. It also a grave threat to both economic stability and human security- and a paradox that faces the economies of Global South as they have minimal historical responsibility for climate change yet find themselves in a weaker position to mitigate its consequences. This paradox complicates economic security as countries must redirect resources towards adaptation and mitigation efforts, diverting already limited funds from essential social sectors. Despite these challenges and the arguably insufficient actions taken to limit global warming to 1.5 degrees celsius above pre-industrial levels, collaborations and mitigation initiatives are emerging within and between countries of the Global South, as well as between the Global South and North. Often backed by states or grassroots movements and indigenous methodologies, these efforts strive to address the crisis.

These efforts include enhancements in ecological practices, socioeconomic reforms, empowering women, democratic

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