BETTER GROWTH BETTER CLIMATE - The New Climate Economy Report, global report

The Global Commission on the Economy and Climate was set up to examine whether it is possible to achieve lasting economic growth while also tackling the risks of climate change. Its report seeks to inform economic decision-makers in both public and private sectors, many of whom recognise the serious risks caused by climate change, but also need to tackle more immediate concerns such as jobs, competitiveness and poverty. The report brings together evidence and analysis, learning from the practical experience of countries, cities and businesses across the world. The report’s conclusion is that countries at all levels of income now have the opportunity to build lasting economic growth at the same time as reducing the immense risks of climate change. This is made possible by structural and technological changes unfolding in the global economy and opportunities for greater economic efficiency. The capital for the necessary investments is available, and the potential for innovation is vast. What is needed is strong political leadership and credible, consistent policies. This report has focused primarily on the fostering of a low-carbon economy, and as such adaptation has not been at centre stage, however it recognises that mitigation, adaptation and development are intimately interwoven, in agriculture, buildings, transport, and infrastructure, including across the whole economy and provides examples.