Climate and Development : An Agenda for Action - Emerging Insights from World Bank Group 2021-22 Country Climate and Development Reports
Climate change poses a major threat to long-term development objectives, especially poverty reduction, and accelerated emission reductions are needed, particularly in high-income and other high-emitting countries. Reducing emissions can be done without comprising development: taken together, CCDR low-carbon development strategies reduce emissions by 70%, without significant impact on growth, provided that policies are well designed and financing is available. Financing needs average 1.4 percent of GDP, a manageable amount with appropriate private sector involvement. But in lower-income countries, financing needs can exceed 5 percent, which will require more support from high-income countries, including increased concessional resources.
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| Format: | Report biblioteca |
| Language: | en_US |
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Washington, DC: World Bank
2022-11-03
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| Subjects: | CLIMATE CHANGE ADAPTATION, GREENHOUSE GAS, GHG, CCDR, RESILIENCE, HIGH-INCOME COUNTRIES, HICS SUPPORT, GLOBAL TRANSITION, LOW-INCOME COUNTRIES, LICS, MIDDLE-INCOME COUNTRIES, MICS, POLICY CHANGES, REGULATIONS, INVESTMENTS, LOW-CARBON, DECARBONIZATION, METHANE REDUCTION, |
| Online Access: | https://hdl.handle.net/10986/38220 |
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| Summary: | Climate change poses a major threat to long-term development objectives, especially poverty reduction, and accelerated emission reductions are needed, particularly in high-income and other high-emitting countries. Reducing emissions can be done without comprising development: taken together, CCDR low-carbon development strategies reduce emissions by 70%, without significant impact on growth, provided that policies are well designed and financing is available. Financing needs average 1.4 percent of GDP, a manageable amount with appropriate private sector involvement. But in lower-income countries, financing needs can exceed 5 percent, which will require more support from high-income countries, including increased concessional resources. |
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