By 2020, Africa will spend $7-15 billion annually to adapt to climate change, and the price tag could hit $50 billion by 2050. Fortunately, proactive policies and investments in sustainable development could unleash a wave of economic opportunity, which in turn could make adaptation more manageable, writes Carlos Lopes.
It's clear that climate fatalists are wrong to suggest that we cannot afford to act. The reality is we cannot afford not to. In addition, there are growing examples that show why climate action is in the United States' economic interest, write David Vogel and Helen Mountford.
The climate story is, at its heart, a complex problem of better risk management over long-timeframes, with potentially catastrophic economic consequences from inaction, writes Caio Koch-Weser.
Many emerging economy leaders already recognise that the transition to a low-carbon economy must sit at the heart of their development agenda. Indonesia is no exception, writes Nick Stern.
Multilateral development banks and other development finance institutions can provide the spark to ignite the new growth agenda, writes Ngozi Okonjo-Iweala.
Increasing ties between Africa and China could have a vast positive impact for the world’s economy and climate, writes Global Commissioner Ngozi Okonjo-Iweala.
New analysis is finding that bold climate action could yield a direct economic gain of $US26 trillion through to 2030, compared with business=--as-usual.
New report aims to galvanise action by economic and financial leaders in government and the private sector.
Editor’s note: The Report, “Unlocking the Inclusive Growth Story of the 21st Century” including graphics and other materials, is available at www.newclimateeconomy.report/2018
Indonesia's Low Carbon Development Initiative will support the National Medium-Term Development Plan (RPJMN) 2020-2024 that considers carrying capacity and environmental capacity, including cliamte change, and relies on science and knowledge to guide planning decisions.
Climate action presents major opportunities in three key sectors of the global economy: cities, land use, and energy. If we seize these opportunities, argues Felipe Calderón, a more sustainable, inclusive, and prosperous future will be within our grasp.