Both climate change and COVID-19 are global public health crises threatening lives and livelihoods, increasing poverty, exacerbating inequalities, and damaging economic growth prospects. However, with the pandemic temporarily overshadowing the
Fresh UNIDO-led research in collaboration with the World Bank provides concrete evidence that removing fossil fuel subsidies would not only make environmental sense but would also improve firms’ economic performance. New firm-level
Air pollution costs Indian businesses $95 billion every year, or 3% of the country’s Gross Domestic Product, and cuts annual consumer spending by $22 billion, according to a study released
Why do we need national emissions trading? In view of the major challenge that climate change poses to present and future generations due to greenhouse gas emissions, Germany has committed
Economic recovery programmes provide opportunities for countries to focus on strategies for pursuing sustainable development, while taking the necessary steps to mobilise domestic resources. Sustainable development requires an alignment between
The UNEP Adaptation Gap Report 2020 finds that while nations have advanced in planning, huge gaps remain in finance for developing countries and bringing adaptation projects to the stage where
Published by Overseas Development Institute (ODI), International Institute for Sustainable Development (IISD), and Oil Change International (OCI). In this new report we consider recovery commitments and pre-pandemic policies to rank G20
Fiscal policy across the globe is rightly focused on fighting the COVID-19-induced economic crisis. But the climate change crisis remains, as does the need for decisive policy action to address
A robust sequential approach methodology Reform of support for fossil fuels is often identified as a priority for a country’s fiscal consolidation efforts and for climate action to align financial
Gilbert Metcalf and James Stock Results from two recent analyses suggest that implementing a carbon tax has no discernible detrimental effects on employment and GDP growth. Economists broadly agree that placing a
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