Due to the stochastic nature of wind energy, allocating an appropriate investment incentive for wind generation technology (WGT) is a complicated issue. We propose an improvement on the traditional incentive, known as capacity payment mechanism (CPM), to reward the wind generators based on their performance exogenously affected by the wind energy potential of the location where the turbines are installed, and therefore, lead the investments towards locations with more generation potential. In CPM, a part of investment cost of each generator is recovered through fixed payments. However, in our proposal, wind generators are rewarded according to dynamic forecasts of the wind energy potential of the wind farm where they are located. We use an auto-regressive moving average (ARMA) model to forecast the wind speed fluctuations in long-term while capturing the auto-correlation of wind velocity variation in consecutive time intervals. Using the system dynamics (SD) modelling approach a competitive electricity market is designed to examine the efficiency of the proposed incentive. Performing a simulation analysis, we conclude that while a fixed CPM for wind generation can decrease the loss of load durations and average prices in long-term, the proposed improvement can provide quite similar results more efficiently.

We conducted this study in the Agogo Traditional Area of the Ashanti region of Ghana where there are numerous cases of conflicts between crop and animal farmers as a result of insufficient pasture for livestock, especially during the dry seasons. This has drawn the attention of various stakeholders in agriculture to the need for supplement feed through pasture establishment. The study examines farmers’ perception and the financial viability of pasture establishment for small ruminant production. The specific objectives of the study are as follow: to identify the cost and returns for the establishment of an acre of pasture, to assess the financial viability of pasture establishment on ‘cut and sell’ basis, to investigate farmers’ perception of pasture establishment for cattle production, to conduct a SWOT analysis of the establishment of pasture in Agogo. The study purports to analyze in detail, farmers' perceptions about the nature of the proposed 'Fodder Bank' policy and its likely effect on crop and livestock production, and whether the proposed policy could generate adequate monetary returns to induce its adoption at the farm level. The study seeks to provide evidence in support of SDG goals 2 (Zero hunger) and 12 (Responsible consumption and production) of the 2030 agenda for sustainable development. To the authors' best of knowledge, this is envisage to provide valuable information to support policy initiatives intended to tackle the root cause of farmer-herder conflicts. The Asante Akim North Municipal is one of the 27 administrative Districts in the Ashanti Region. Its capital is Konongo- Odumasi. The population for this study comprises livestock and crop farmers in Agogo. Asante Akim North Municipal was purposively selected for the study because it is noted for its agrarian abilities and massive production of food in the Ashanti region. The multi stage sampling was employed in this study. At the first stage, Asante Agogo traditional area was selected purposively due to the fact that majority of the inhabitants engage in agricultural activities (GSS 2010). At the second stage, three communities in Agogo namely, Hwidiem, Ananekrom and Bebuso were selected purposively. At the third stage, quota sampling was used to obtain a specific number of farmers from each of the three communities to sum up to 150 respondents as shown in table. Simple random sampling technique was then used to engage the selected farmers in these communities. A sample size of 150 respondents were obtained using the Slovin’s formulae which is a scientific method of obtaining the sample size for a given population. Structured questionnaires consisting of open and close ended questions were used to gather primary data from respondents through face-to-face interviews. Interviews were conducted using the local dialect mostly to enhance communication and to clear all language barriers but English was used where the respondents could give accurate answers in English Language. Data per the questionnaires from respondents were concerning their perception of pasture establishment and the assessment of the strengths, weaknesses, opportunities and threats of pasture establishment. Secondary data was sought from books, journals, dissertations and the internet. Useful and relevant information on the appropriate materials and their costs for establishing pasture was also obtained from the Agogo MoFA office, and the KNUST Department of Animal Science. Descriptive statistics such as percentages, tables and means were used to analyze the socio-economic characteristics of respondents. It was revealed in the study that majority of crop farmers have had their crops destroyed by ruminants especially cattle at least once. Additionally, the study showed that pasture establishment is one way through which crop farms destruction by livestock can be prevented as about 99% of farmers responded in the affirmative. The results for the financial viability of the venture under the assumptions used gave relevant results with BCR of 1.18 and NPV of GHC 3,160. The Internal Rate Return of the venture is estimated at 40.1% and a Pay Back period of 2.61 years. Therefore, it will be economically prudent for investors to commit resources towards establishing pasture. The perception index for commercial, economic and financial concerns of pasture establishment was 3.7 which is skewed toward agree. The statement that had the highest positive perception index was about the fact that pasture establishment will increase the quality of meat. This implies that respondents perceive that the commercial, economic and financial results of pasture establishment will be positive. The perception index for the social category was 3.66. The statement with the highest positive assertion by respondents is the fact that pasture establishment will help control the movement of animals. The perception index of 3.66 which is skewed towards agree means that pasture establishment will attract the support from the community and also bring more benefits to the society. In the category of technical concerns of pasture establishment, the overall perception index for this category is 3.15, which means that the respondents perceive they have a fair technical know- how concerning pasture establishment even though the venture requires technical know-how. In the category of institutional concerns, support and involvement in pasture establishment, the statement with the highest perception index is that MoFA will support farmers with the necessary resources in its capacity. With reference to the chi-square test, the study can conclude that there is a significant relationship between the type of farmer and the perception that support can be drawn from farmer-based associations, and the perception that pasture establishment will increase livestock production as well as the general sales of farmers. Lastly, the study revealed that there is a significant relationship between the educational background of the farmer and the perception that it is not difficult to select planting materials for pasture establishment. Farmers in Asante Akim Agogo should adopt the establishment of pasture since it is financially viable. The establishment of pasture in Asante Akim Agogo should be encouraged since it has the potency to reduce the farmer - herder conflicts and ensure food security. For successful pasture establishment, technical know-how is essential.

Today the world is tackling climate change and simultaneously needs to overcome growing energy security challenges. The transition to renewable energy is known as the key strategy for reducing carbon emissions and ensuring energy security. However, not all countries access the required finance and technologies to successfully and sustainably deploy renewable energy projects. Therefore, they seek to attract foreign investment and technology. A growing number of governments are adopting incentives to compete in this field and create a more favorable investment atmosphere. The granting of investment incentives lies within the realm of national legislation which is susceptible to revocation by the host States. This exposes foreign investors to several risks as no State is bound by its unilateral commitments and the change or withdrawal of pro-foreign investment policies by the host States is a mere exercise of their sovereignty. As International Investment Agreements (IIAs) were primarily drafted to promote and protect cross-border investments against unfair and discriminatory treatments, it is interesting to know their current approach to investment incentives and assess its implications for renewable energy investments. Adopting a qualitative approach, this research aims to clarify this issue by defining investment incentives and shedding new light on the relevant clauses in IIAs that can better contribute to the protection of renewable energy investors’ interests. Findings suggest that harmonizing investment incentives by including them in IIAs has not been on the agenda so far and IIAs seldom contain renewable energy-related incentive provisions. Therefore, this research points out the relevant provisions that can better accommodate the renewable energy investment needs.

Using a two-step system generalized method of moment (SGMM) this study explored the role of institutional quality while analyzing the links between foreign direct investment (FDI) and domestic investment (DI) in 21 Asian developing and emerging countries from 2011 to 2016. Our empirical strategy indicates that the crowds-out and crowds-in effect of FDI on domestic investment depends on the chosen dependent variable. Using domestic private investment (DPI) as the dependent variable, the study confirms the crowding-out effects of FDI on domestic investment. Conversely, utilizing the gross fixed capital formation (GFCF) findings show that the FDI crowds in the domestic investment. It is also revealed that institutional quality matters in determining such nexus. The study further recommends the need to augment the positive role of institutional quality in such a way that the crowding-out effect of the concurrent increase in FDI and institutional quality will augur well for domestic investment.

Due to the dynamic changes in the economic environment, particularly in financial markets, to improve the financial knowledge of investors, financial literacy is a necessity leading to informed financial decisions. This study aimed to identify the consequences of financial literacy on investors' decisions and investment performance in Tehran Stock Exchange. In this field study, a standardized questionnaire was used for data collection. The population was composed of individual investors in the Tehran Stock Exchange, and of this population, 344 investors were selected by simple random sampling and were analyzed using Cochran formula. The structural equation modeling and LISREL software were used to assess the relationships between variables. The results of goodness of fit indices such as RMSEA, GFI and AGFI represented the good fit of the model and the utility of results. The results indicated that the impact of the financial attitude and behavior on financial investment decisions was significantly positive. The investment decision also had a significantly positive effect on investment performance