Dr. Andrew Steer, the President and CEO of the World Resources Institute, discusses in an IMF podcast fiscal policies as a way of implementing climate change strategies.
He highlights the importance of decarbonisation, explaining how rapidly decreasing global greenhouse gas emissions can be beneficial for the economy and if “done smartly, there will be an economic gain of $26 trillion in GDP between now and 2030, and there would be another 67 million jobs created,” Steer said.
In the podcast Steer also argues that better fiscal policies can help ensure that the world makes this transition at the speed and scale necessary, while reaping economic benefits.
To listen to the podcast, refer to the following link.