Business & Economics Books:


Climate Strategies of Fossil Fuel-Dependent Countries

Customer rating

Click to share your rating 0 ratings (0.0/5.0 average) Thanks for your vote!

Share this product

Crossroads by Grzegorz Peszko
37% off
$62.99 was $99.99
or 4 payments of $15.75 with Learn more

Pre-order to reserve stock from our first shipment. Your credit card will not be charged until your order is ready to ship.

Available for pre-order now
Pre-order Price Guarantee

If you pre-order an item and the price drops before the release date, you’ll pay the lowest price. This happens automatically when you pre-order and pay by credit card.

If paying by PayPal or internet banking, and the price drops after you have paid, you can ask for the difference to be refunded. Find out more

If Mighty Ape's price changes before release, you'll pay the lowest price.


This product will be released on

Delivering to:

It should arrive:

  • 4-6 December using standard courier delivery


Crossroads is the first comprehensive stocktaking of what the global low-carbon transition may mean for fossil fuel-dependent countries (FFDCs) and how they can manage it. FFDCs are most exposed to the impacts of global low-carbon transition and, at the same time, often least prepared to manage it. They depend either on the exports of oil, gas, or coal or on the use of carbon-intensive infrastructure (e.g., refineries, petrochemicals, coal power plants), or both. These countries face at least two climate-related risks. The first-order risk arises from weather-related events induced by climate change. The second-order risk is financial, fiscal, and macro-structural. It arises from the potentially accelerated transition of the global economy away from carbon-intensive fuels. This report focuses on managing this transition risk and harnessing related opportunities. Crossroads focuses on the countries as well as their national oil and gas companies and state-owned enterprises. Governments own much larger reserves of oil, gas, and coal than the major international companies. State-controlled entities can more directly transfer systemic risk to societies that depend on them. They represent influential vested interests and are often less agile in responding to rapid shifts in market conditions. Furthermore, the sovereigns, not international companies, are parties in international climate agreements.

Author Biography

The World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the world. The organization's activities are focused on education, health, agriculture and rural development, environmental protection, establishing and enforcing regulations, infrastructure development, governance and legal institutions development. The World Bank is made up of two unique development institutions owned by its 185 Member Countries. The International Bank for Reconstruction and Development (IBRD) focuses on middle income and creditworthy poor countries and the International Development Association (IDA), which focuses on the poorest countries in the world.
Release date Australia
November 30th, 2018
Country of Publication
United States
World Bank Publications
Product ID

Customer previews

Nobody has previewed this product yet. You could be the first!

Write a Preview

Help & options

  • If you think we've made a mistake or omitted details, please send us your feedback. Send Feedback
  • If you have a question or problem with this product, visit our Help section. Get Help
  • Seen a lower price for this product elsewhere? We'll do our best to beat it. Request a better price
Filed under...