Joseph Stiglitz | Global Landscape News| March 2, 2021
What could wartime levels of emergency funding buy us in the fight against global warming?
Despite a 7 percent drop in global carbon emissions as a result of the pandemic in 2020, the UN Emissions Gap Report predicts that, by the end of the century, we are on course for a catastrophic temperature rise of 3.5 degrees Celsius above pre-Industrial levels.
But what might be possible if politicians not only promoted a “green recovery” from the pandemic but also launched a massive spending program to rival the emergency budgets of World War Two? Could this “crisis mindset” somehow help us curb global warming?
Originally published by Global Landscape Forum. Read more here.