Climate Smart Growth Could Deliver 26 Trillion USD to 2030, Finds Global Commission
A major report released by the Global Commission on the Economy and Climate finds that many people are significantly under-estimating the benefits of cleaner, climate-smart growth. Bold climate action could deliver at least 26 trillion USD in economic benefits through to 2030, compared with business-as-usual.
The 2018 report was presented to the United Nations Secretary-General António Guterres at a global launch at UN headquarters in New York City, ahead of the Global Climate Action Summit in San Francisco, co-hosted by UN Climate Chief Patricia Espinosa.
“Climate action and socio-economic progress are mutually supportive. Yet, despite some encouraging momentum, we are not making progress fast enough. Climate change is running faster than we are.”, said António Guterres during remarks at the launch of the report.
“Runaway climate change is a real possibility, with severe implications for communities, economies, peace and the security of nations. Climate change has been proven to amplify and exacerbate other risks. Put simply, we need climate action to prevent ever greater crises” he added.