Delivering a net-zero economy

(EurActiv, 26 Oct 2020) Mid-century climate targets are feasible but decisive action needs to be taken in the 2020s to put the world onto the right trajectory, writes Sandrine Dixson-Declève.

Sandrine Dixson-Decleve is co-president of the Club of Rome, and ambassador for Europe at the Energy Transitions Commission (ETC).

The pandemic has been catastrophic for European economies. Unemployment rates continue to rise, and many countries are on the brink of recession. Despite long-standing warnings from scientists about the risks of a pandemic, we were woefully unprepared for this crisis.

The same is true for climate change, and in many ways, this is a warning about what would be manifestly greater, long-term chaos should climate change run away unabated.

Recent research shows that since 2000, climate change has already cost both the US and EU at least US$4 trillion in lost output. The EU has rightly therefore encouraged recovery plans to focus on a green recovery in its response to COVID.

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EurActiv, 26 Oct 2020: Delivering a net-zero economy