Publication: Decarbonizing Development: Three Steps to a Zero-Carbon Future
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2015-06
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2015-05-01
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The science is unequivocal: stabilizing climate change implies bringing net carbon emissions to zero. And this must be done by 2100 if we are to keep climate change anywhere near the 2 C. degree warming that world leaders have set as the maximum acceptable limit. Decarbonizing Development looks at what it would take to decarbonize the world economy by 2100 in a way that is compatible with countries’ broader development goals. It argues that the following are needed: Act early with an eye on the end-goal; Go beyond prices with a policy package that triggers changes in investment patterns, technologies and behaviors; Mind the political economy and smooth the transition for those who stand to be most affected.
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“Fay, Marianne; Hallegatte, Stephane; Vogt-Schilb, Adrien; Rozenberg, Julie; Narloch, Ulf; Kerr, Tom. 2015. Decarbonizing Development: Three Steps to a Zero-Carbon Future. Climate Change and Development;. © World Bank. http://hdl.handle.net/10986/21842 License: CC BY 3.0 IGO.”
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