Emissions Reduction Potential

"Devising ways to scale financing for urban infrastructure, and to shift capital flows to make sure new projects are sustainable, is the next great challenge facing cities," write Michael Bloomberg and Patricia de Lille in CNN.

"The cost of [fossil fuel] subsidies far outweighs the benefits and burdens the middle classes. Reforming the system can make energy infrastructure more efficient, shore up public finances and allow more targeted spending on public services," writes Ngozi Okonjo-Iweala in Financial Times.

Coal is no longer the best option for energy or for jobs. In fact, it’s become a risky bet, writes President Calderón in the Financial Times.

Developing countries like India, China, and Brazil took many important steps on climate action in 2016, writes Naina Lal Kidwai in The Hill.

"Greater ambition on renewable energy and reducing carbon intensity would lead to greater economic benefits for India. It is in our country’s interest to capitalise on the low-carbon economy," writes Naina Lal Kidwai in India Express.

This newsletter covers an event hosted by the New Climate economy and the Swedish Embassy on Business Opportunities for the Climate and Economy, the New Climate Economy's response to the US on the Paris Agreement, a new OECD report, and the latest developments on carbon pricing and renewable energy.

From International Women's Day to Women's History Month, March is a good time to focus on gender equality -- and the need to support women who are the most vulnerable to climate impacts. Tackling this challenge is essential to creating a global sustainable economy, writes Rachel Spiegel.

A new report released by the Global Commission on the Economy and the Climate identifies ten key economic opportunities that could close up to 96 percent of the gap between business-as-usual emissions and the level needed to limit dangerous climate change.