Using cutting-edge economic modelling that reflects the effects of the COVID-19 pandemic and the costs of inaction, the report shows how Indonesia can start implementing net-zero measures as part of its COVID-19 recovery, with significant stimulus effects and job creation impacts from the first year. 

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.  

The Global Commission on the Economy and Climate, and its flagship project the New Climate Economy, were set up to help governments, businesses and society make better-informed decisions on how to achieve economic prosperity and development while also addressing climate change.

It was commissioned in 2013 by the governments of Colombia, Ethiopia, Indonesia, Norway, South Korea, Sweden, and the United Kingdom. The Global Commission, comprising, 28 former heads of government and finance ministers, and leaders in the fields of economics, business and finance, operates as an independent body and, while benefiting from the support of the partner governments, has been given full freedom to reach its own conclusions.

The Commission has published three major flagship reports: Better Growth, Better Climate: The New Climate Economy Report, in September 2014; Seizing the Global Opportunity: Partnerships for Better Growth and a Better Climate, in July 2015; and The Sustainable Infrastructure Imperative: Financing Better Growth and Development, in October 2016. The project has also released a number of country reports on Brazil, China, Ethiopia, India, Uganda, and the United States, as well as various working papers on cities, land use, energy, industry, and finance. It has disseminated its messages by engaging with heads of governments, finance ministers, business leaders and other key economic decision-makers in over 60 countries around the world. 

The Global Commission on the Economy and Climate, and its flagship project the New Climate Economy, were set up to help governments, businesses and society make better-informed decisions on how to achieve economic prosperity and development while also addressing climate change.

It was commissioned in 2013 by the governments of Colombia, Ethiopia, Indonesia, Norway, South Korea, Sweden, and the United Kingdom. The Global Commission, comprising, 28 former heads of government and finance ministers, and leaders in the fields of economics, business and finance, operates as an independent body and, while benefiting from the support of the partner governments, has been given full freedom to reach its own conclusions.

The Commission has published three major flagship reports: Better Growth, Better Climate: The New Climate Economy Report, in September 2014; Seizing the Global Opportunity: Partnerships for Better Growth and a Better Climate, in July 2015; and The Sustainable Infrastructure Imperative: Financing Better Growth and Development, in October 2016. The project has also released a number of country reports on Brazil, China, Ethiopia, India, Uganda, and the United States, as well as various working papers on cities, land use, energy, industry, and finance. It has disseminated its messages by engaging with heads of governments, finance ministers, business leaders and other key economic decision-makers in over 60 countries around the world. 

Tanzania has the sixth highest rate of urban population growth in the world, but so far it has been largely informal and unmanaged. This paper offers recommendations for managing Tanzania’s urban growth at the country level. 

This paper examines the challenges and opportunities for investing in agriculture and natural resources management, with the goal of laying out next steps toward more efficient and sustainable land use in Mozambique. 

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 Paris Agreement. Transformative change is needed now in how we build our cities, produce and use energy, transport people and goods, and manage our landscapes. And the challenge is urgent. 

India is experiencing an urban transformation. Given the rapidity of change and the long-lived nature of urban form and infrastructure, the decisions that India’s policymakers take in the next 5–15 years will lock in its urban pathway for decades to come. 

Innovation is a fundamental engine of long-term economic growth, and a critical driver for reducing emissions and tackling climate risk. There is a need to scale up innovation efforts to reduce emissions cost-effectively beyond 2030 consistent with limiting dangerous climate change, in particular through supporting research, development and demonstration (RD&D) for technologies which have not yet been deployed at scale and are unlikely to without strong government support. 

A staggering one-third of all agricultural landscapes are now degraded, mostly in developing countries, and a net 12 million hectares (ha) continue to be degraded yearly. But commitment to change is growing. The report highlights significant regional achievements being implemented, such as Initiative 20×20, through which seven Latin American countries and partners have pledged to bring 20 million ha of land into restoration by 2020, and the Africa Climate-Smart Agriculture Alliance, which aims to engage 6 million smallholders by 2021. 

There is significant further potential for simultaneously promoting economic growth and improving ecosystem protection within Brazil’s rural landscape. This report shows substantial improvements are already underway but better-functioning markets and policies can boost the pace of change and help the country to realize latent land use efficiency gains