Following an inception phase from July to September 2013, the New Climate Economy research and analytical programme will run from October 2013 to the summer of 2014.
Engagement and outreach
A central feature of the approach will be direct engagement with key decision-makers in both public and private sectors: finance, economy and other ministries in governments, leaders of major cities, and those who take major investment decisions in businesses and the financial sector. Understanding their perspectives and decision-making processes better will make an important contribution to the overall analysis and final recommendations.
At the same time the project will also invite contributions from a wide variety of research institutes, think tanks, business organisations, academics, civil society organisations and others, in order to inform the project's work and to engage directly with a wide variety of different views, perspectives and experience.
The study will include a macroeconomic analysis of the possible pathways to a lower-carbon, and more resource-efficient and climate-resilient, economy. This will examine the range of possible policy levers, and a variety of macroeconomic outcomes, including growth, investment, employment, poverty reduction and income distribution, along with co-benefits such as improved health and energy and food security.
This analytical framework will complemented and informed by a series of in-depth research modules, in areas such as private investment, fiscal policy, energy, agriculture and land use, cities and technological innovation. These modules will draw on in-depth case studies in a variety of countries and different economic institutions.
The New Climate Economy will report in September 2014. This however will represent only the first stage of the project. The Commission will then take its findings and recommendations directly to heads of government, finance and economic ministers, business leaders and institutional investors throughout the world in a systematic outreach strategy.
At the same the results will be communicated to the wider economic community and civil society through a variety of global and national media channels, and through public meetings in a number of countries.