Growing Green : The Economic Benefits of Climate Action

Pollution from fossil fuels and degraded natural lands are raising the earth’s temperature. The evidence of the causes of global warming is clear, as are its consequences. The economic impacts of climate change are already apparent and they threaten development gains. Extreme weather events have bro...

Full description

Bibliographic Details
Main Authors:	Deichmann, Uwe, Zhang, Fan
Format:	Publication
Language:	en_US
Published:	Washington, DC: World Bank 2013
Subjects:	Climate change Energy efficiency Growth policies Mitigation Renewable energy Social inclusion Sustainable agriculture
Online Access:	http://hdl.handle.net/10986/13194

id	okr-10986-13194
recordtype	oai_dc
spelling	okr-10986-131942021-04-23T14:03:07Z Growing Green : The Economic Benefits of Climate Action Deichmann, Uwe Zhang, Fan Climate change Energy efficiency Growth policies Mitigation Renewable energy Social inclusion Sustainable agriculture Pollution from fossil fuels and degraded natural lands are raising the earth’s temperature. The evidence of the causes of global warming is clear, as are its consequences. The economic impacts of climate change are already apparent and they threaten development gains. Extreme weather events have brought severe droughts to Central Asia, heat waves and forest fires to Russia, and floods to Southeastern Europe. Unchecked emissions will come at rising economic cost and increasing risk to individuals. There is a clear case for all of the world’s economies to move to a low-carbon growth path. Yet, climate action has been inadequate, especially in Eastern Europe and Central Asia (ECA). With prospects of a global climate agreement uncertain, this report identifies the actions that governments in the region can take to reduce the carbon footprints of their economies. It shows that many of these actions will more than pay for themselves—and quite quickly when indirect benefits such as better health and increased competitiveness are considered. To realize these benefits, policy makers in ECA need to quickly move on three sets of priorities: use energy much more efficiently, gradually move to cleaner energy sources, and increase carbon capture in soils and forests. This will require transformations in power generation, industrial production, mobility, city living, and in farming and forestry. Policy makers are justifiably worried that climate action may jeopardize economic performance and strain the budgets of poorer families. The report shows how well-designed growth and social policies can make climate action growth-enhancing while protecting the living standards of less-well-off households. 2013-04-18T15:44:27Z 2013-04-18T15:44:27Z 2013-04-12 978-0-8213-9791-6 10.1596/978-0-8213-9791-6 http://hdl.handle.net/10986/13194 en_US Europe and Central Asia Reports; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research Europe and Central Asia Central Asia Europe and Central Asia Eastern Europe
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	Climate change Energy efficiency Growth policies Mitigation Renewable energy Social inclusion Sustainable agriculture
spellingShingle	Climate change Energy efficiency Growth policies Mitigation Renewable energy Social inclusion Sustainable agriculture Deichmann, Uwe Zhang, Fan Growing Green : The Economic Benefits of Climate Action
geographic_facet	Europe and Central Asia Central Asia Europe and Central Asia Eastern Europe
relation	Europe and Central Asia Reports;
description	Pollution from fossil fuels and degraded natural lands are raising the earth’s temperature. The evidence of the causes of global warming is clear, as are its consequences. The economic impacts of climate change are already apparent and they threaten development gains. Extreme weather events have brought severe droughts to Central Asia, heat waves and forest fires to Russia, and floods to Southeastern Europe. Unchecked emissions will come at rising economic cost and increasing risk to individuals. There is a clear case for all of the world’s economies to move to a low-carbon growth path. Yet, climate action has been inadequate, especially in Eastern Europe and Central Asia (ECA). With prospects of a global climate agreement uncertain, this report identifies the actions that governments in the region can take to reduce the carbon footprints of their economies. It shows that many of these actions will more than pay for themselves—and quite quickly when indirect benefits such as better health and increased competitiveness are considered. To realize these benefits, policy makers in ECA need to quickly move on three sets of priorities: use energy much more efficiently, gradually move to cleaner energy sources, and increase carbon capture in soils and forests. This will require transformations in power generation, industrial production, mobility, city living, and in farming and forestry. Policy makers are justifiably worried that climate action may jeopardize economic performance and strain the budgets of poorer families. The report shows how well-designed growth and social policies can make climate action growth-enhancing while protecting the living standards of less-well-off households.
format	Publications & Research :: Publication
author	Deichmann, Uwe Zhang, Fan
author_facet	Deichmann, Uwe Zhang, Fan
author_sort	Deichmann, Uwe
title	Growing Green : The Economic Benefits of Climate Action
title_short	Growing Green : The Economic Benefits of Climate Action
title_full	Growing Green : The Economic Benefits of Climate Action
title_fullStr	Growing Green : The Economic Benefits of Climate Action
title_full_unstemmed	Growing Green : The Economic Benefits of Climate Action
title_sort	growing green : the economic benefits of climate action
publisher	Washington, DC: World Bank
publishDate	2013
url	http://hdl.handle.net/10986/13194
_version_	1764423008581058560

Growing Green : The Economic Benefits of Climate Action

Similar Items