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Urban areas generate more than 70% of the world's climate change emissions, mainly CO2, produced by the combustion of fossil fuels. Climate change is increasing cities' exposure to climate hazards, such as heat waves or floods. Therefore, there is a need to improve risk management with the inclusion of climate resilience in urban policy design. Despite improved urban climate monitoring, there are still relatively few scientific publications on climate change adaptation in urban areas. Adaptation to climate change is not achieved through specific action, but rather through the adoption and continuous implementation of adaptation actions such as housing rehabilitation, green space management and protection measures for vulnerable groups. This variety of actions makes it difficult not only to identify different indicators, but also to use common benchmarks. Considering the role of municipalities in adapting to climate change, it is crucial to identify adaptation indicators that serve as a basis for decision making, as well as evaluation methods that allow the effectiveness of planned and implemented measures in municipalities. It can be used to determine which measures increase the level of adaptation or lead to poor adaptation. Therefore, monitoring indicators makes it possible to evaluate the effectiveness of the measures, in addition to formulating new ones. This paper includes a literature review of existing index designed to address climate hazards and mitigate their impacts in urban areas. [ABSTRACT FROM AUTHOR]

Sustainability rating systems for the built environment involve a multitude of indicators that are based on different types of data. This work capitalizes on an existing multicriteria assessment method and supporting decision-making tool at building and neighbourhood scale, to develop an enhanced method and tool at city scale. The main sustainability issues at building and city scales include site and infrastructure, energy and resources consumption, environmental loadings, climate change, environmental quality, water, waste, transportation, services, social aspects, economy and governance. Approximately 300 indicators distributed among the different scales are used to describe and quantify the various facets of sustainability. Specifically, the building scale includes a pool of 80 indicators of which 17 are key performance indicators (KPIs), the neighbourhood scale has 133 indicators of which 14 are KPIs and the city scale has a total of 99 indicators of which 10 are KPIs that were new additions to the existing method. The emphasis in this paper is given on elaborating the key performance indicators for cities and demonstrating their applicability through a case study. The common method and tools provide a flexible assessment system for local authorities and stakeholders to develop and assess sustainability plans. [ABSTRACT FROM AUTHOR]

Multidimensional crisis phenomena (financial–economic, environmental and social), plaguing the international community, especially in the last 30 years, have intensified resentment towards traditional models of growth and socio-economic development. The European Commission has placed the idea of a green economy (GE) at the heart of the Europe 2020 strategy. This paper presents an assessment of the implementation of the green economy assumptions in EU countries in 2018, taking 2010 as the base year. Using taxonomic methods, a synthetic evaluation index (GEI—Green Economy Index) was constructed based on a multi-criterion set of 27 indicators. This paper attempts to answer the following questions: How green are the European economies? What are the main challenges in this context? The average value of the index for the EU countries decreased in the studied years from 0.3423 to 0.3294, which can be interpreted as a slowdown in the greening processes. The key recommendations for the upcoming years include the improvement of energy efficiency indicators, the further increase in the share of renewable energy sources in the energy balance. Moreover, a significant problem continues to be the high percentage of the population at risk of poverty or social exclusion, as well as low CO2 and resource productivity rates. [ABSTRACT FROM AUTHOR]

The COVID-19 pandemic has significantly affected the energy sector. The new behavior of industrial and non-commercial consumers changes the energy consumption model. In addition, the constraints associated with the coronavirus crisis have led to environmental effects from declining economic activity. The research is based on evidence from around the world showing significant reductions in emissions and improved air quality. This situation requires rethinking the energy development strategy, particularly the construction of smart grids as a leading direction of energy development. Evaluating the efficiency of smart grids is a vital tool for disseminating successful experience in improving their management. This paper proposes an approach to a comprehensive assessment of smart grids based on a comparative analysis of existing methods, taking into account the changes that need to be considered after the experience gained from the COVID-19 pandemic. The approach provides an accurate set of efficiency indicators for assessing smart grids to account for the direct and indirect effects of smart grids' implementation. This evaluation approach can be helpful to policymakers in developing energy efficiency programs and implementing energy policy. [ABSTRACT FROM AUTHOR]

We have proposed an impact assessment methodology for determining sustainability in energy-intensive industrial production based on a comprehensive combination of economic, environmental, and social indicators for sustainable development. The goal of this study was to disclose this methodology for assessing sustainability in energy-intensive industrial production. We proved that any energy-intensive chemical, metallurgical, and energy generation processes should maximize the material output values and product value addition to ensure innovative sustainable development. We proposed indicators that determine the levels of increasing the sustainability of energy-intensive production as a whole, as well as taking into account individual technological processes. We proposed a procedure for making managerial decisions to increase the sustainability of energy-intensive outputs using the technological renewal of fixed assets and/or technological modernization of production. Our proposed methodology is based on a graphical model of the technological development's life cycle of the existing energy-intensive production process. In addition, the proposed methodology ensures resource- and energy-efficiency intensification, together with the environmental safety of the technological processes. [ABSTRACT FROM AUTHOR]

In recent years, algorithmic-based market manipulation in stock and power markets has considerably increased, and it is difficult to identify all such manipulation cases. This causes serious challenges for market regulators. This work highlights and lists various aspects of the monitoring of stock and power markets, using as test cases the regulatory agencies and regulatory policies in diverse regions, including Hong Kong, the United Kingdom, the United States and the European Union. Reported cases of market manipulations in the regions are examined. In order to help establish a relevant digital regulatory system, this work reviews and categorizes the indicators used to monitor the stock and power markets, and provides an in-depth analysis of the relationship between the indicators and market manipulation. This study specifically compiles a set of 10 indicators for detecting manipulation in the stock market, utilizing the perspectives of return rate, liquidity, volatility, market sentiment, closing price and firm governance. Additionally, 15 indicators are identified for detecting manipulation in the power market, utilizing the perspectives of market power (also known as pricing power or market structure), market conduct and market performance. Finally, the study elaborates on the current challenges in the regulation of stock and power markets in terms of parameter performance, data availability and technical requirements. [ABSTRACT FROM AUTHOR]

This work aims to present an analysis of electricity and natural gas supply security in the four European Union countries with the highest level of consumption, namely Germany, France, Italy, and Spain. The goal of the study is to use and adapt a set of 22 indicators for estimating the level of energy security. The evaluation of an index called "Energy Security Level", measuring the overall energy security, is performed for the period 2006–2018 in order to compare its evolution in each of the analyzed countries. The application of the proposed indicator system demonstrates which measures weakened or strengthened energy security in the past. The analysis of the energy security level demonstrates that Germany and France perform better than Italy and Spain in terms of energy security assurance. The main factors for these differences are the rich energy mix for Germany and the massive presence of nuclear power in France. These two elements make German and French energy systems more resilient than the Italian and Spanish ones. The results of sensitivity and uncertainty analysis demonstrate that the initial values of indicator weights have low impact on the uncertainty of energy security level estimations. [ABSTRACT FROM AUTHOR]

The changes that have been triggered in market economies by COVID-19 have increased the importance of assessing the financial standing of companies and sectors. It is essential for managers, lenders, and investors to properly evaluate the financial condition of companies. Therefore, it is crucial to select indicators that show the differences in the values of market sectors before, and during, the COVID-19 pandemic (checking the stability of ratios over time). We used parametric and nonparametric analyses of variance (ANOVA) to single out indicators. The sample consists of listed companies in six sectors from the Visegrad group: manufacturing, construction, retail, wholesale trade, transportation and warehousing, and energy. We applied yearly and quarterly analyses in the periods from Q1 2017–Q1 2021. The analyses take into account 82 indicators. The results of the parametric ANOVA indicate that only the ratio of the company size shows the differences between the sectors in most of the periods of quarterly analysis. In comparison, the results of the nonparametric ANOVA demonstrate that five ratios show differences between the sectors in the quarterly analysis, and nine show differences in the yearly analysis. On the basis of the results, the construction and energy sectors are the least effective in managing their assets. [ABSTRACT FROM AUTHOR]

In the Hungarian as well as the international literature, debates regarding the methodology used for measuring energy poverty are ongoing. Our contribution sought to develop a methodology that would be relatively easy to measure via survey and have the potential to identify households' energy vulnerability status beyond the energy poor/non energy poor divide. Based on a representative survey that was carried out in Hungary in 2018, we identified three groups of households: energy poor, non energy poor households, and a so-called transitional group, potentially at risk of energy poverty. In addition to socioeconomic differences, we analysed differences in the mindsets of respondents belonging to these three household groups concerning different aspects of heating energy generation (macrolevel aspects, such as environmental sustainability and energy supply system issues, and microlevel aspects, such as economic and technical issues). By this, the article aims to provide input for further research on factors, beyond the social and economic background, related to energy vulnerability. [ABSTRACT FROM AUTHOR]