OECD/UNDP study: Why climate policy prom • Table.Briefings

Not only good for the climate, but also for economic growth, says the study: investment in green infrastructure, like EV charging stations.

A study by the OECD and UNDP contradicts the idea that climate policy costs economic growth. On the contrary: A more ambitious climate policy and more clean investments would bring greater prosperity, more efficiency, less economic damage, and a healthier life.

Just in time for the Petersberg Climate Dialogue (PCD), the OECD and the UN Development Organization UNDP are presenting a study to underpin greater ambition and higher investment in global climate policy with stronger economic arguments. According to the study, well-planned climate policy measures do not slow down growth, but on the contrary, can „generate stronger economic growth than ‘business as usual’ paths.“ In a scenario with ambitious measures, „global economic output in 2040 would be 0.2 percent higher than under a scenario with current measures. This corresponds to the current GDP of Sweden,“ write the authors of the study „Investing in Climate for Growth and Development.“ The study will be presented at the PCD on Tuesday and is available to Table.Briefings in advance.

OECD/UNDP study: Why climate policy promotes economic growth.

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