Saturday 11th July 2020
Saturday, 11th of July 2020
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Why climate policy matters for G20 finance ministers’ agenda

Ottmar Edenhofer

In order to stay below the 2 °C guardrail set in the Paris Agreement, climate policy should be integrated with the G20 finance ministers’ agenda. Finance ministers should consider the merits of carbon pricing for sound fiscal policy and thereby stimulate investments in carbon-free infrastructure. “It is rational for G20 finance ministers to embrace climate policy, even if climate change ...

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