"Delivering a new report, Financing Climate Futures: Rethinking Infrastructure, to the G20 at its Summit in Buenos Aires, the three International Organisations said governments need to adopt a more transformative agenda on low-carbon, climate-resilient investments if they are to meet the Paris Agreement goal of cutting CO2 emissions to net zero in the second half of the century and build resilience to climate change."
[COMMENTARY]I agree with the above call. However, even though most people believe that human activities are heating the planet and massive weather-related costs will be incurred, they reluctant to presently pay for it. Perhaps a few more climate disasters close to home will convince taxpayers that incentives to create new low carbon industries and consumption are truly timely.
OECD, UN Environment and World Bank call for a radical shift in financing for a low-carbon, climate-resilient future, press release, November 29, 2018, UN Environment Programme.