Path Dependence, Innovation and the Economics of Climate Change

Acting on climate change can certainly be driven by pure pragmatism: the economics of it are clear, writes Felipe Calderón.

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.

Governments must build back better after the COVID-19 crisis via inclusive, green and resilient growth, writes Helen Mountford

The New Climate Economy project launched in Ethiopia on March 6th, some of the largest media outlets in the count

Former President Felipe Calderon launched the New Climate Economy's "Better Growth, Better Climate Report" in Mexico, along with Helen Mountford, Director of the New Climate Economy and María Amparo Martínez Arroyo, General Director of the National Institute of Ecology and Climate Change.

"We welcome this announcement and the fact that Mexico is the first major emerging economy to declare its commitment to a low-carbon future. This is an example for other countries, including developed countries, to follow,” former President Felipe Calderón and Chair of the Global Commission on the Economy and Climate said.

A new paper, Implementing effective carbon pricing, from the New Climate Economy shows that carbon pricing works and doesn’t harm the economy. It urges developed and emerging economies, with the G20 in the lead, to commit to introducing carbon prices of roughly comparable levels by 2020.

Today, UN Secretary-General Ban Ki-Moon nominated Mexican Ambassador Patricia Espinosa as the next Executive Secretary of the UN Framework on Climate Change (UNFCCC). Former President of Mexico and Chair of the Global Commission on the Economy and Climate Felipe Calderón releases the following statement:

Multilateral development banks and other development finance institutions can provide the spark to ignite the new growth agenda, writes Ngozi Okonjo-Iweala.

The New Climate Economy launched its China research at the 2014 Annual Review of Low Carbon Development in China, hosted by its research partner Tsinghua University. Professor He Jiankun, Director, Institute of Energy, Environment and Economics, was encouraged by the potential of the research and remarked “I believe the New Climate Economy will make breakthroughs.”

Helen Mountford, Programme Director of the New Climate Economy project welcomed the announcements by China and the United States on their plans to tackle carbon pollution. The targets set by the United States and China, the world’s two largest emitters of greenhouse gases, send a signal to the world about the scale and size of opportunities in global markets for low carbon goods and services.

Chair of the Global Commission on the Economy and Climate Felipe Calderón and New Climate Economy Programme Director Helen Mountford react to the United States's proposed climate commitment.

Today the Coalition for Urban Transitions launches — the first major international initiative to make the economic case for better urban development globally.