Climate change is not only warming the Earth to levels that spur extreme weather evenings and rising sea levels, it is also spurring new economic activity. As the world’s political and business leaders react out of necessity, they are driving widespread changes in industries and opening up markets in the future.
It’s our goal at the Global Economic Report to better understand not only the challenges but also the opportunities this issue presents.
This page offers readers and contributing writers a place of reference for following the topic. Think Wikipedia although more concise. It keeps in mind key goals of Mohr Media: 1.) To help problem solve. And 2.) Empower individuals and businesses. The overriding goal is to make this complex subject simple to understand. Furthermore, the page defines some of the most used words and phrases and provides a broader context.
Climate-Action Events:
G20 meeting in Rome, Italy on October 30-31, 2021: Leaders agreed to aim to limit warming to 1.5 degree Celsius, down from the 2 degree-change goal.
COP26 Conference in Glasgow, Scotland on October 31-November 11, 2021: How will the finance goal of $100 billion take shape? What is the gap between the commitments by countries (NDCs) and emissions reductions needed to keep warming at 1.5 degree C? See UN Climate Change. Contacts: Rt Hon Alok Sharma is led the conference.
Big Initiatives:
The “Build Back Better World,” or B3W, is a G7 initiative started in June 2021.
Also, U.S. President Joe Biden is promoting what he calls “Build Back Better.” That includes initiatives in a new infrastructure law.
The Green Belt and Road (Beijing based). (See green-bri.org. And https://green-bri.org/belt-and-road-initiative-quick-info/) 115 countries (according to the UN)
Commitments for Change by Country:
China’s NDC plan as of 2016.
See this page for updates.
Glossary of Terms:
Carbon Tax/Carbon Pricing–is a fee or tax on companies [that emit gas?] to cover the external costs of greenhouse gas emissions, such as for health care, crop loss, and loss of property to rising sea levels. A similar concept that is used today is a taxation on transportation fuels.
Good Sources:
IEA, https://www.iea.org
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