“Bold” Climate Action Could Deliver $26 Trillion In Economic Benefits Through 2030 | CleanTechnica
A new landmark report published by the Global Commission on the Economy and Climate shows that governments and the private sector are “significantly” underestimating the benefits of cleaner and climate-smart growth, and claimed that “bold climate action” could drive at minimum $26 trillion in economic benefits through 2030.
The Global Commission on the Economy and Climate was commissioned in 2013 by the governments of Colombia, Ethiopia, Indonesia, Norway, South Korea, Sweden, and the United Kingdom as an independent initiative and comprises of 28 former heads of government and finance ministers, and leaders in the fields of economics, business and finance. It is currently chaired by Ngozi Okonjo-Iweala, Paul Polman, and Lord Nicholas Stern. The Commission and its flagship project, the New Climate Economy, published the new report — Unlocking the Inclusive Growth Story of the 21st Century — this week, heralding it as an effort to “galvanise action by economic and financial leaders in government and the private sector.”