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Decarbonizing Development

Author

Listed:
  • Marianne Fay
  • Stephane Hallegatte
  • Adrien Vogt-Schilb
  • Julie Rozenberg
  • Ulf Narloch
  • Tom Kerr

Abstract

The science is unequivocal: stabilizing climate change implies bringing net carbon emissions to zero. And this must be done by 2100 if we are to keep climate change anywhere near the 2 C. degree warming that world leaders have set as the maximum acceptable limit. Decarbonizing Development looks at what it would take to decarbonize the world economy by 2100 in a way that is compatible with countries’ broader development goals. It argues that the following are needed: Act early with an eye on the end-goal; Go beyond prices with a policy package that triggers changes in investment patterns, technologies and behaviors; Mind the political economy and smooth the transition for those who stand to be most affected.

Suggested Citation

  • Marianne Fay & Stephane Hallegatte & Adrien Vogt-Schilb & Julie Rozenberg & Ulf Narloch & Tom Kerr, 2015. "Decarbonizing Development," World Bank Publications, The World Bank, number 21842.
  • Handle: RePEc:wbk:wbpubs:21842
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/21842/9781464804793.pdf?sequence=8
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    References listed on IDEAS

    as
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    3. Hallegatte, Stephane & Fay, Marianne & Vogt-Schilb, Adrien, 2013. "Green industrial policies : when and how," Policy Research Working Paper Series 6677, The World Bank.
    4. Chang, Ha-Joon, 2006. "Industrial policy in East Asia - lessons for Europe," EIB Papers 11/2006, European Investment Bank, Economics Department.
    5. Martin, Ralf & de Preux, Laure B. & Wagner, Ulrich J., 2009. "The impacts of climate change levy on business: evidence from microdata," LSE Research Online Documents on Economics 37676, London School of Economics and Political Science, LSE Library.
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    Cited by:

    1. Punam Chuhan-Pole & Cesar Calderon & Gerard Kambou & Sebastien Boreux & Mapi M. Buitano & Vijdan Korman & Megumi Kubota & Rafael M. Lopez-Monti, "undated". "Africa's Pulse, No.13, April 2016," World Bank Other Operational Studies 24033, The World Bank.
    2. Mattmann, Matteo & Logar, Ivana & Brouwer, Roy, 2016. "Wind power externalities: A meta-analysis," Ecological Economics, Elsevier, vol. 127(C), pages 23-36.

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