The new report “Paris Pact Payoff: Speeding up the green transition for socio-economic co-benefits”, brings convincing arguments that climate action is not just necessary, but economically rational. Protecting people and the planet from the devastating impacts of dangerous climate change is a moral duty, as well as a pragmatic choice.
We have to substantially change the way we produce and consume energy, build and renovate buildings, move around, transport goods, handle our waste and produce food. The National Energy and Climate Plans touch upon policies and measures related to almost every aspect of life and economy. To curb greenhouse gas emissions in line with the 1.5°C limit is an enormous task ahead, that requires an unprecedented level of action – for which NECPs should pave the way.