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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Format: | eBook |
Language: | Chinese |
Published: |
Washington, D.C.
International Monetary Fund
2022
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Series: | World Economic Outlook
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Subjects: | |
Online Access: | |
Collection: | International Monetary Fund - Collection details see MPG.ReNa |
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 |
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Physical Description: | 4 pages |
ISBN: | 9798400222405 |