How can we simultaneously achieve sustainable growth and development while addressing the harmful and devastating effects of climate change?
World Bank experts suggest one way to climate-proof development is to decarbonize it — or bringing net emissions of greenhouse gases, such as carbon dioxide, down to zero. And in a report released Monday, they laid down three concrete steps for countries and other development stakeholders to decarbonize development: plan ahead with an end goal in mind, go beyond prices in pursuing green technologies, and mind the context for reforms while taking note of their effects on people.
The report’s authors explained to Devex that the “science is unequivocal”: Countries must meet the zero net emissions goal before 2100, but in a way that is “compatible with [their] broader development goals.”
About the author
Lean Alfred Santos@DevexLeanAS
Lean Alfred Santos is a former Devex development reporter focusing on the development community in Asia-Pacific, including major players such as the Asian Development Bank and the Asian Infrastructure Investment Bank. He previously covered Philippine and international business and economic news, sports and politics.
