One of the most urgent challenges facing countries across the world today is how to achieve economic prosperity and development while also combating climate change. The New Climate Economy, the flagship project of the Global Commission on the Economy and Climate, aims to produce better and more comprehensive evidence on whether and how climate policy can be made compatible with strong economic performance. Engaging directly with decision makers in both public and private sectors in a variety of countries, it will seek to synthesize existing knowledge with original research and analysis.
The project was launched in September 2013 and reported in September 2014. It aims to make recommendations to the world’s governments, business and finance leaders, and to the wider global public, on the actions and policies which can simultaneously deliver better economic growth and address climate risks.
The Global Commission on the Economy and Climate has been commissioned by seven countries—Colombia, Ethiopia, Indonesia, Korea, Norway, Sweden and the UK—as a contribution to global economic policy debate. It is, however, entirely independent, and its aim is to report to the international community as a whole.
The Commission consists of:
An International Council comprising former heads of government and finance ministers and leaders in the fields of economics, business and finance, chaired by former President of Mexico Felipe Calderón