What will it cost if the world warms 3.5 degrees?


Current emissions reductions targets are likely to create a warming of 3.5°C by 2020, far below the original pledge of 2°C lower. The Climate Action Tracker has done an analysis that shows what the financial and environmental risks are. The tracker is continually updating according to the latest information available. What the current analysis shows is that “for every US$1 of investment not spent on reducing emissions in the power sector before 2020 an additional US$4.3 would need to be spent after2020 to compensate for the increased emissions. – International Energy Agency’s “World Energy Outlook 2011.” 

 

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About Centre for Civic Governance

The Centre for Civic Governance works to support community leadership meeting today’s social and environmental challenges: climate change, Canada’s increasing equity gap, and shifting social trends. At the Centre for Civic Governance, our goal is to strengthen Canadian communities through sharing best practices, providing tools for locally elected leaders, and progressive policy analysis. We strive to provide knowledge and information to make real and positive social change.