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How Smart Economic Policy Can Help Combat Climate Change

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How Smart Economic Policy Can Help Combat Climate Change

Brookings Institution,

5 min read
3 take-aways
Audio & text

What's inside?

It’s getting hotter in here: the rise of “climate finance” and new policies to address climate change.

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Editorial Rating

8

Qualities

  • Overview
  • Hot Topic
  • Inspiring

Recommendation

Since the turn of the 21st century, the planet has experienced some of the hottest years on record. The public is finally paying attention, and climate talks are gearing up – but is that enough? In this informative podcast, economists Andrew Steer and David Dollar look at how well the world is doing against the Paris agreement, and they discuss policies that governments and institutions are using to mitigate climate change. Relevant and current, this text is required reading for everyone who is concerned about climate change.

Summary

The current global targets of the Paris Accord may be inadequate. 

Around the world, countries are having mixed success in meeting the targets they agreed to as part of the Paris Accord. For instance, China and India look like they will meet or even beat their goals. Others, like the United States and Brazil, are lagging behind their commitments.

The Paris agreement is a voluntary pact, but participating countries have not stepped up to make sufficient changes so far. Although the global target is on track, meeting it still implies a catastrophic increase in temperatures...

About the Podcast

Andrew Steer is president of the World Resources Institute. David Dollar is a senior fellow at the Brookings Institution who hosts the Dollar and Sense podcast series on trade policy. 

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