Discussant is Dr. Martin Persson, Environmental Economics Unit, Department of Economics and Physical Resource Theory, Chalmers.

Abstract of WDR 2010 – Development and Climate Change: Main messages and economic insights:
Development goals are threatened by climate change, with the heaviest impacts on poor countries and poor people. Climate change cannot be controlled unless growth in both rich and poor countries becomes less greenhouse-gas-intensive.

We must act now: country development decisions lock the world into a particular carbon intensity and determine future warming. And we must act together: postponing mitigation in developing countries could double mitigation costs, and that could well happen unless substantial financing is mobilized.

If we act now and act together, the incremental costs of keeping warming around 2°C are modest and can be justified given the likely dangers of greater climate change.

Full report available at: www.worldbank.org/wdr2010

Time for presentation: October 15, 11.00 – 12.30
Place: Hall E44, School of Business, Economics and Law, University of Gothenburg
Title: WDR 2010 – Development and Climate Change: Main messages and economic insights
Presenter: Dr. Kirk Hamilton, Lead Economist, Development Economics Research Group at the World Bank
Discussant: Dr. Martin Persson, Environmental Economics Unit, Department of Economics and Physical Resource Theory, Chalmers.

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