How Delayed Learning about Climate Uncertainty Impacts Decarbonization Investment Strategies (English)

The Paris Agreement established that global warming should be limited to “well below” 2°C and encouraged efforts to limit warming to 1.5°C. Achieving this goal presents a challenge, especially given (i) economic inertia and adjustment costs, which penalize a swift transition away from fossil fuels, and (ii) climate uncertainty that, for example, hinders the ability to predict the amount of emissions that can be released before a given temperature...

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Author

Bauer,Adam Michael;

Florent John McIsaac;

Stephane Hallegatte;
Document Date
2024/03/28
Document Type
Policy Research Working Paper
Report Number
WPS10743
Volume No
1
Country
Multi-Regional, World,
Region
Other,
Disclosure Date
2024/03/28
Disclosure Status
Disclosed
Doc Name
How Delayed Learning about Climate Uncertainty Impacts Decarbonization Investment Strategies

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Citation

Bauer,Adam Michael; Florent John McIsaac; Stephane Hallegatte.

How Delayed Learning about Climate Uncertainty Impacts Decarbonization Investment Strategies (English). Policy Research working paper ; no. WPS 10743; PLANET; RRR Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099829103282438373

How Delayed Learning about Climate Uncertainty Impacts Decarbonization Investment Strategies (English)

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