New Report: A Global Green Recovery is Possible
G20 should tackle double crisis
Measures of G20 members for economic recovery can trigger a boost of both sustainable growth and climate protection. This is the result of a policy paper presented in Berlin just one week before the London G20 summit. The report was authored by a team led by Ottmar Edenhofer of the Potsdam Institute for Climate Impact Research (PIK) and Lord Nicholas Stern, Chair of the Grantham Research Institute on Climate Change and the Environment at London School of Economics and Political Science (LSE) and prepared on behalf of the German Foreign Office. Michael Monks summarises the main points.
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According to the paper (see note), a global green recovery could deliver immediate and long-term economic benefits, help to avoid dangerous climate change, and reduce sources of global instability such as energy insecurity and competition for natural resources. The report highlights key measures in seven strategic areas that G20 members can take to tackle the economic crisis and re-orient development towards sustainable, low-carbon growth ...
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