Decarbonizing Development

Marianne Fay (mfay@worldbank.org), Stephane Hallegatte, Adrien Vogt-Schilb, Julie Rozenberg, Ulf Narloch and Tom Kerr

No 21842 in World Bank Publications - Books from The World Bank Group

Abstract: 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.

Keywords: Environment-Carbon; Policy; and; Trading; Environment-Climate; Change; Mitigation; and; Green; House; Gases; Environment-Climate; Change; and; Environment; Environment-Environmental; Economics; &; Policies; Finance; and; Financial; Sector; Development; Macroeconomics; and; Economic; Growth-Climate; Change; Economics (search for similar items in EconPapers)
Date: 2015-06
ISBN: 978-1-4648-0479-3
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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