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World Bank: Fighting Climate Change Would Boost Global Economy Up To $2.6 Trillion Year

2014-06-24 15:17:00| Climate Ark Climate Change & Global Warming Newsfeed

ThinkProgress: An important new World Bank report concludes that just a few key policies aimed at cutting carbon pollution would boost the global economy. The study "Climate-Smart Development: Adding Up the Benefits of Actions that Help Build Prosperity, End Poverty and Combat Climate Change," looks at the European Union plus Brazil, China, India, Mexico, and the U.S. The Bank finds that if all six embrace three sets of policies for clean transportation plus energy efficiency in industry in buildings, "the annual...

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