World Economic Outlook, October 2022

Decades of procrastination have transformed what could have been a smooth transition to a more carbon-neutral society into what will likely be a more challenging one. By the end of the decade, the global economy needs to emit 25 percent less greenhouse gases than in 2022 to have a fighting chance to...

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Bibliographic Details
Corporate Author: International Monetary Fund Research Dept
Format: eBook
Language:Chinese
Published: Washington, D.C. International Monetary Fund 2022
Series:World Economic Outlook
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Decades of procrastination have transformed what could have been a smooth transition to a more carbon-neutral society into what will likely be a more challenging one. By the end of the decade, the global economy needs to emit 25 percent less greenhouse gases than in 2022 to have a fighting chance to reach the goals set in Paris in 2015 and avert catastrophic climate disruptions. Using a new model developed at the IMF (GMMET), the chapter analyses the near-term macroeconomic impact of feasible decarbonization policies and potential challenges for monetary policy
Physical Description:4 pages
ISBN:9798400222405