Why Sustainable Food Systems are Needed in a post-COVID World
By Nicoletta Batini, James Lomax, and Divya Mehra
Food systems are essential to economic activity because they provide the energy that we need to live and work. […]
Equity Investors Must Pay More Attention to Climate Change Physical Risk
By Felix Suntheim and Jérôme Vandenbussche
عربي, 中文, Español, Français, 日本語, Português, Русский
The damage from the 2011 floods in Thailand amounted to around 10 percent of Thailand’s GDP, not even considering all the indirect costs through a loss in economic activity in the country and abroad. By some estimates, the total costs of the 2018 wildfires in California were up to $350 billion, or 1.7 percent of U.S. GDP. […]
A Role for Financial and Monetary Policies in Climate Change Mitigation
By William Oman
July 2019 was the hottest month ever recorded on earth, with countries across the world experiencing record-breaking temperatures. […]
Chart of the Week: Greenery and Prosperity
By João Tovar Jalles and Prakash Loungani
May 21, 2018
Versions in 中文, Español, Français, 日本語, Português
Brandenburg, Germany: in three advanced economies—Germany, the United Kingdom, and France—emissions have fallen despite the increase in incomes (photo: Caro / Kaiser/Newscom).
Economic growth has traditionally moved in tandem with pollution. But can countries break this link and manage to grow while lowering pollution?
The Unequal Burden of Rising Temperatures: How Can Low-Income Countries Cope?
By Sebastian Acevedo, Mico Mrkaic, Evgenia Pugacheva, and Petia Topalova
September 27, 2017
Versions in عربي (Arabic), 中文 (Chinese), Español (Spanish), Français (French), 日本語 (Japanese), Русский (Russian)
The Earth’s temperature is rising. This will shape the economic future of communities across the globe (photo: Leolintang/iStock by GettyImages).
The Earth’s temperature is rising and its climate is changing. The increase in temperatures will shape the economic future of communities and countries across the globe. All countries will feel the direct negative effects from unmitigated climate change. But as our research in Chapter 3 of the October 2017 World Economic Outlook shows, the effects of higher temperatures will not be equal everywhere and the brunt of the adverse consequences will be borne by those who can least afford it—low-income countries. […]