The G20 should forge a pact to support nations’ shifts to a low-carbon future, says CPR_Climate Professor NavrozDubash
The growing impacts of climate change mean that no nation can follow a high-carbon path to development. But the costs of a low-carbon transition cannot be put on the backs of the poor by keeping people in energy poverty or diverting funds needed for social expenditure.
Climate equity should be central. Responsibility for a solution should not fall to those who have contributed least to the problem and are least able to address it. The decline in renewable-energy prices over the past decade opens the door to considering the benefits, not just the costs, of efforts to limit carbon. Under the right conditions, limits on carbon could be economically and developmentally advantageous. China has demonstrated this through its leadership in solar-panel manufacturing.
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