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.
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.
Invest in cleaning up the hard-to-abate sectors such as cement and steel so that new infrastructure is green, writes Naina Lal Kidwai.
‘Stern 2’ to review economic costs of tackling climate change
New Climate Economy Senior Advisor Michael Jacobs will present at a side event for the participants of the 2014 Bonn Climate Change Conference on Sunday evening, June 9th. Mr. Jacobs will deliver an update to the New Climate Economy research and offer preliminary findings.
In a statement from COP20, Lord Nicholas Stern welcomed the Lima climate change agreement. But he cautioned that the current scale of action to control and reduce greenhouse gas emission will not avoid the most global warming, and encouraged countries to continue to explore opportunities to increase emissions cuts.
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.
President Felipe Calderón, Chair of the Global Commission on the Economy and Climate:
Investing in sustainable infrastructure is key to tackling the three central challenges facing the global community: reigniting growth, delivering on the Sustainable Development Goals, and reducing climate risk in line with the outcomes of Paris, writes Lord Nicholas Stern in The Independent.
A just transition should encourage all companies to plan ahead for decarbonisation, ensure that workers have the opportunities and skills required to take on new jobs, enable employees to plan for the future, and invest in community renewal, write Sharan Burrow and Paul Polman in Euractiv.
There’s ample evidence that renewable energy and energy efficiency are booming sectors for business, writes Naina Lal Kidwai in the Financial Times.
Government strategies and innovative pilot projects can help passengers save money and benefit the environment, writes Naina Lal Kidwai.
The climate crisis does not begin or stop with Africa, but African countries can play a leadership role in seizing the opportunities of a better future. The world's larger economies have a responsibility to unlock this future, for themselves and for others, writes Ngozi Okonjo-Iweala.
A new climate economy
Felipe Calderon applauded the launch of the Risky Business Report on the economic risks United States regions and businesses face from climate change.
India has an opportunity to improve the quality and quantity of economic growth, according the Global Commission on the Economy and Climate. Research conducted for the Commission, led by former President of Mexico Felipe Calderón, highlights the enormous opportunities for India in developing renewable energy and improving urban development. However future growth, in both Indian cities, but also the agricultural sector, is at risk from climate change.
Technological innovation, new economic trends, and new political commitments are combining to build momentum for change. Here are 10 reasons why the low-carbon economy is an emerging reality.