Restoring economic growth after the global financial crisis need not thwart the fight against climate change
EFFORTS to negotiate a successor to the Kyoto Protocol, and to form domestic climate policies, have intensified in recent months and are now at a critical and difficult point. At the same time, policymakers are searching for new sources of sustainable growth to recover from the deepest economic crisis in decades, and in many cases also the means to cope with severe fiscal pressures exacerbated by the crisis.
What are the interactions between these two challenges—making climate policy and dealing with a worsened macroeconomic outlook? How should the challenges of recovery affect climate policy? And how should climate concerns be reflected in macroeconomic and fiscal policies over the short and longer terms?
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