At a Glance
A Policy Paper by Mattia Romani, James Rydge and Nicholas Stern
This policy paper addresses the rate of change and transition to a low-carbon economy. The current pace of change is recklessly slow, however accelerating this pace to a low-carbon, resource-efficient economy is both feasible and crucial. With the right incentives, rapid transformative change is possible. To do this, however, we must recognize the deep inequity between developed and developing countries and focus on providing equitable access to sustainable development. Dynamic partnerships are required so that the choice to follow a sustainable development path is determined by the people of developing countries and that path is supported by wealthy nations.
Mattia Romani is Director, Green Growth Planning and Implementation, Global Green Growth Institute and Senior Visiting Research Fellow, Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science
James Rydge is Dahrendorf Research Fellow, Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science.
Nicholas Stern is I.G. Patel Professor of Economics and Government at the London School of Economics and Political Science, and Chairman of the Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science.
Publication Date: Saturday, 1 December, 2012