Investment choices in global infrastructure over the
next 15 years will determine the future of the world's climate
That's the conclusion of the New Climate
Economy report , which
concludes that if investment goes into advanced technologies, there
need not be a trade-off between improving living standards around
the world and the health of the climate. Indeed, those investments
could cost the same as ones we'd need to make anyway.
In 2013, the Global Commission on the Economy and Climate was
created to investigate whether the global economy can continue to
grow while tackling the risks of climate change. It's not an
On one hand, fossil-fuelled growth - especially in
fast-developing countries like China - has pushed greenhouse gas
record levels. On the other, governments justifiably want to
improve the living standards of their populations. Since the
Industrial Revolution, that has equated with rapid emissions growth
as energy networks expand and production ramps up.
But new technological advances mean the apparent conflict
between the two goals is a "false dilemma", according to the chair
of the commission and former president of Mexico, Felipe Calderon.
Speaking at the launch, UN Secretary General Ban Ki-moon told the
audience the two goals could be "mutually reinforcing".
Cities: public transport and new materials
Cities are growing at an unprecedented rate, and that's set to
continue over coming years. Urban areas already generate around 70
per cent of global energy use and energy related emissions.