South Korea and Indonesia has joined forces with five other countries to launch an USD8.9 million analysis into the economic impacts of climate change.
The project aims to contribute to the global debate about economic policy, and to inform government, business and investment decisions. It will be published next September just before a high-level UN summit on climate change chaired by Ban Ki Moon opens in New York.
The project will be co-ordinated by the Global Commission on the Economy and Climate (GCEC), a body created by the two Asian nations together Colombia, Ethiopia, Norway, Sweden and the United Kingdom. A partnership of research institutes from five continents will carry out the analysis.
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