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.
Unlocking the Inclusive Growth Story of the 21st Century: Accelerating Climate Action in Urgent Times
Share and follow us via:
-
Our world is amid multiple crises, aggravated by the COVID-19 pandemic and the war in Ukraine. This includes a crisis in education and learning, notably at K-12 levels, where many… -
A partnership aiming to encourage the implementation of policies aimed at boosting economic growth and reducing poverty. The PAGE’s five UN agencies -UN Environment, International Labour Organization, UN Development Programme,… -
Introduction While fossil fuels continue to dominate energy production and consumption, the press of climate change has made it abundantly clear that the ecological costs of greenhouse gas emitting power…