Climate Change and the New Green Economy: The big questions for 2025
2 weeks, 5 days ago

Climate Change and the New Green Economy: The big questions for 2025

Live Mint  

The summer of 2024 was the hottest on record. More importantly, developing countries are tasked with growing without significantly adding to the global stock of GHG emissions, but the conditions to do so are not nearly supportive enough – the world’s poorest and most climate-vulnerable countries spent twice as much on repaying external debt than what they received as climate finance in 2022; several developing countries face far higher costs of capital, particularly for green technologies compared to their developed counterparts; unilateral trade measures such as the EU’s Carbon Border Adjustment Mechanism are likely to disproportionately hurt developing economies, hindering economic growth in key sectors and placing the onus of decarbonisation on the South. This is crucial both to meet domestic demand as well as participate in a global green economy, where countries like the US are looking to diversify their supply chains away from China. Raising the stakes Moreover, China’s record-breaking rise in the global green goods supply chain and its accelerating green transition have raised the economic and geopolitical stakes of building a green economy in other countries. Simultaneously, a seamless coordination with the rest of the developing world to push for transformation of multilateral spaces that are today hamstrung by the global imbalance of power, would serve it well carve out an equitable, green future for all.

History of this topic

India to lead South Asia’s Economic Growth in 2025 says UN Report
4 days, 10 hours ago
Role of capital markets for raising green and transition finance
1 week, 2 days ago
India's climate challenge and the rise of a new green economy
3 weeks, 1 day ago
Climate change is now a real and pressing economic threat
3 weeks, 1 day ago
Climate myopia: This year’s CoP was a big disappointment but small surprise
1 month, 1 week ago
Boost Green Capex With 'Climate Deficit' to Reverse India's GDP Slowdown
1 month, 1 week ago
Finance COP fails to offer adequate finance to developing countries for climate action
1 month, 3 weeks ago
How will China impact the future of climate change? You might be surprised
1 month, 3 weeks ago
India pitches for $1.3 trillion in annual climate support for developing nations
1 month, 4 weeks ago
'Out of sync': The trillion-dollar climate puzzle that's become a diplomatic nightmare
2 months ago
A shadow ‘financial crisis’ has cost the world $2 trillion
2 months ago
India's push for $1 trillion in climate finance to take centre stage at COP29
2 months, 1 week ago
India Needs a Green New Deal: A Holistic Approach to Sustainable Development
2 months, 3 weeks ago
The Earth is facing a ‘code red’ – which is why we need a Green New Deal
3 months ago
China's big role in global green transition
4 months ago
China's big role in global green transition
4 months ago
Broken promise
4 months, 1 week ago
China's green efforts to gain momentum
4 months, 1 week ago
China's green efforts to gain momentum
4 months, 1 week ago
China's green efforts to gain momentum
4 months, 1 week ago
Nation helps drive global transition to green energy
4 months, 2 weeks ago
Nation helps drive global transition to green energy
4 months, 2 weeks ago
Country's green and low-carbon development contribution to world
5 months ago
Guidelines set out path to green future
5 months ago
Country's green and low-carbon development contribution to world
5 months ago
Guidelines set out path to green future
5 months ago
China launches ambitious green transition guidelines
5 months ago
China launches ambitious green transition guidelines
5 months ago
Developed countries should intensify climate actions
5 months, 1 week ago
Developed countries should intensify climate actions
5 months, 1 week ago
For industrial growth, green trade will matter
5 months, 1 week ago
A nation supporting renewables, green transition should be commended
6 months, 4 weeks ago
China's green finance: From 'zero' to 'hero'
7 months, 1 week ago
China's green finance: From 'zero' to 'hero'
7 months, 1 week ago
China's green finance: From 'zero' to 'hero'
7 months, 1 week ago
China's green finance: From 'zero' to 'hero'
7 months, 1 week ago
China's green finance: From 'zero' to 'hero'
7 months, 1 week ago
China's green finance: From 'zero' to 'hero'
7 months, 1 week ago
China's carbon commitment blueprint for global sustainability
7 months, 2 weeks ago
Protectionism will drive green transition to dead end: China Daily editorial
7 months, 3 weeks ago
NABARD unveils Climate Strategy 2030 to mobilise green financing
8 months, 3 weeks ago
Private sector holds key to climate finance
9 months, 3 weeks ago
Fresh global model needed in climate change fight
11 months, 1 week ago
Budget 2024: Can India become a $7 trillion economy by 2030?
11 months, 2 weeks ago
Actual green actions speak louder than words
1 year, 1 month ago
Fund to compensate developing nations for climate change is unfinished business at COP28
1 year, 1 month ago
COP28: Why India's role is pivotal in climate justice and finance
1 year, 2 months ago
Aiming for sustainable development
1 year, 4 months ago
Aiming for sustainable development
1 year, 4 months ago

Discover Related