Whatever It Takes – Is There A Plan B For Climate Change?
Plan A for climate change should be to change our growth model to reduce emissions sufficiently to stop global warming…
Topic: Competitiveness, trade and economic growth
Banks and investors should support a ‘just nature transition’ in farming, forestry and fisheries
UK Banks and investors should make sure that their investments in the farming, forestry and fishing sectors deliver climate and biodiversity goals in ways that are fair and inclusive for workers, communities and consumers, according to a new report published today (23 August 2022).
Just Nature: How finance can support a just transition at the interface of action on climate and biodiversity
This report explores how financial institutions can support the ‘just nature transition’: a shift to a net zero economy that delivers decent work, social inclusion and the eradication of poverty while delivering biodiversity goals.
The European Central Bank’s strategy, environmental policy and the new inflation: a case for interest rate differentiation
This report draws attention to some of the important lessons learned from the past few decades regarding the economic pre-conditions for price stability, as contained in the ECB’s 2021 strategy.
Policies for investing in sustainable growth: risks and opportunities in the current macroeconomic environment
With the macroeconomic environment shifting rapidly in the past year, posing serious challenges for policymakers, this paper aims to set out a stable and prudent course for macroeconomic policy.
Lessons from COP26 for financing the just transition
This policy brief reviews the attention given to a crucial aspect of climate change action – the just transition – at the COP26 climate summit and the priorities that lie ahead for 2022.
Seasonal temperature variability and economic cycles
In this paper, the author assembles a new set of quarterly and six-monthly temperature and GDP data for 98 countries and develops a new estimation strategy to attribute observed fluctuations in GDP to changes in temperature.
Net zero will require the biggest economic transformation ever seen in peacetime, says Nicholas Stern
The pursuit of net zero emissions by countries across the world will require the biggest economic transformation ever seen in peacetime, Professor Lord Nicholas Stern will say today (Tuesday 26 October) in a lecture to mark the 15th anniversary of the publication of the landmark report ‘The Economics of Climate Change: The Stern Review’.
A time for action on climate change and a time for change in economics
15 years on from the Stern Review, here Nicholas Stern argues that the COVID-19 and climate crises, and the weaknesses that produced them, should be tackled together and that the response must be a new sustainable, resilient and inclusive approach to growth and development.
UK’s industrial heartlands could be “the beating heart” of economic growth and new jobs from carbon capture, usage and storage
The North East, North West and South East of England could be the hot beds of economic growth and job…