Author : Anthony Bonen,Mr.Prakash Loungani,Willi Semmler,Sebastian Koch
Publisher : International Monetary Fund
Page : 46 pages
File Size : 41,9 Mb
Release : 2016-08-05
Category : Business & Economics
ISBN : 9781475523690
Investing to Mitigate and Adapt to Climate Change by Anthony Bonen,Mr.Prakash Loungani,Willi Semmler,Sebastian Koch Pdf
We propose a macroeconomic model to assess optimal public policy decisions in the the face of competing funding demands for climate change action versus traditional welfare-enhancing capital investment. How to properly delineate the costs and benefits of traditional versus adaption-focused development remains an open question. The paper places particular emphasis on the changing level of risk and vulnerabilities faced by developing countries as they allocate investment toward growth strategies, adapting to climate change and emissions mitigation.