Unlocking the Inclusive Growth Story of the 21st Century: Accelerating Climate Action in Urgent Times

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World Resources Institute

This report by the World Resources Institute argues that “we are not making progress anywhere near fast enough.”  Current economic models “are deeply inadequate” in capturing opportunities for a transformational shift or the grave dangers of climate inaction.  “Bold action could yield a direct economic gain of $26 trillion through to 2030, compared with business-as-usual.  And this is likely to be a conservative estimate.”  The challenge now is to accelerate transition to “a new climate economy in five key economic systems: energy, cities, food and land us, water, and industry.”  Priorities for urgent action are pricing carbon, investing in natural infrastructure such as forests and wetlands, zero-emission energy transition plans, and reforming regulations and incentives that hamper shifting to a more circular economy.