2019
| Publications

Prepared by Cambridge Econometrics (CE) with feedback from the New Climate Economy (NCE) team, this draft note summarises methodological aspects, modelled scenarios and macroeconomic results to provide empirical inputs to the NCE 2018 Global Commission Report. The aim of the modelling exercise was to illustrate examples of policies that can simultaneously promote economic growth and reduce the risks of climate change.  

Downloads

Research Programme
Cities, Energy, Infrastructure, Land use
|
Country
Global
|
Publication Type
Working Papers, Global Reports, GEM Technical Papers

Related Content

Infrastructure Investment Needs of a Low-Carbon Scenario

Working Papers |
2014
| Global

This note describes the Commission’s assessment of future infrastructure investment needs. It presents projections for a baseline scenario, and the estimated incremental investment required for a low-carbon scenario. It sets out the sources used and provides an overview of the estimates and modelling undertaken by the New Climate Economy (NCE) network. 

Path Dependence, Innovation and the Economics of Climate Change

Working Papers |
2014
| Global

Shifting our fossil-fuelled civilisation to clean modes of production and consumption requires deep transformations in our energy and economic systems. Innovation in physical technologies and social behaviours is key to this transformation. But innovation has not been at the heart of economic models of climate change. This paper reviews the state of the art on the economics of innovation, applies recent insights to climate change. The core insight is that technological innovation is a path-dependent process in which history and expectations matter greatly in determining eventual outcomes 

Emissions Reduction Potential

GEM Technical Papers |
2014
| Global

The New Climate Economy project has estimated the extent of greenhouse gas (GHG) emission reductions that could result by 2030 from undertaking some of the measures and actions discussed in our 2014 annual report Better Growth, Better Climate. We estimate the potential emission reductions of undertaking these measures that would narrow the gap between a baseline emissions pathway and one compatible with a two-thirds chance of keeping global average warming below 2°C by at least 50% in 2030

The Global Commission on the Economy and Climate launches on September 24th

The Global Commission on the Economy and Climate will be launched on September 24th 2013 in New York. Former President of Mexico Felipe Calderón, Chair of the Commission, will speak at the launch meeting, which will take place just before the opening of the UN General Assembly and during ‘Climate Week’ in New York City. Other speakers include:

President Juan Manuel Santos, Colombia
Prime Minister Jens Stoltenberg, Norway
Lena Ek, Minister for the Environment, Sweden
Kuntoro Mangkusubroto, Minister and head of the President’s Delivery Unit, Indonesia
Rt. Hon. Gregory Barker, Minister for Energy and Climate Change, UK
Boonam Shin, Ambassador for Climate Change, Republic of Korea
Jeremy Oppenheim, Director of the New Climate Economy project

Address by Cardinal Parolin: ethics and morals required in economics

20 May 2015: “When the future of the planet is at stake, there are no political frontiers, barriers or walls behind which we can hide to protect ourselves from the effects of environmental and social degradation. There is no room for the globalisation of indifference, the economy of exclusion or the throwaway culture so often denounced by Pope Francis. Of course, the path is not easy, since this ethical and moral responsibility calls into question the resetting of the development model, requiring a major political and economic commitment. However, as I said to the UN Climate Summit on 23 September 2014, 'the technological and operational bases needed to facilitate this mutual responsibility are already available or within our reach. We have the capacity to start and strengthen a true and beneficial process which will irrigate, as it were, through adaptation and mitigation activities, the field of economic and technological innovation where it is possible to cultivate two interconnected objectives: combating poverty and easing the effects of climate change'."

RELEASE: Felipe Calderon's Speech to the High Level Dialogue on Climate Action at COP 20

In a speech at the 2014 UN Climate Change Conference in Lima, Peru, Felipe Calderon explained the main findings of the Global Commission on the Economy and Climate. The report's practical recommendations will boost growth, generate savings and reduce climate risk.

Press release: natural gas - guardrails for a potential climate bridge

The U.S. shale gas revolution has dramatically increased supplies of low-cost natural gas, upended U.S. coal markets, and led many electric utilities to switch from coal to natural gas, reducing air pollution and greenhouse gas emissions. While there remain concerns about some of the impacts of hydraulic fracturing (“fracking”), the trend toward increasing use of natural gas is widely expected to continue.

Statement in support of a strong climate agreement from members of the Global Commission on the Economy and Climate

The UN Climate Change Conference (COP21) in Paris is a vital chance to advance a new era of better growth. 24 members of the Global Commission on the Economy and Climate call for stronger climate action ahead of COP 21.