💨 Abstract

A study by the OECD and UN Development Programme suggests that accelerated climate action could boost global GDP by 0.2% by 2040 compared to current policies, equivalent to Sweden's economy. Well-designed climate policies could enhance efficiency, productivity, and innovation. Investing in clean energy and efficiency could offset economic impacts, and reinvesting carbon revenues could further boost GDP.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖