A global consumer-led strategy to tackle climate change
Abstract
A successful response to climate change needs vast investments in low-carbon research, energy, and sustainable development. Governments can drive research, provide environmental regulation, and accelerate global development, but the necessary low-carbon investments of 2-3% GDP have yet to materialise. A new strategy to tackle climate change through consumer and government action is outlined. It relies on ethical investments for sustainable development and low-carbon energy, and a voluntarily financed low-carbon fund for adaptation to climate change. Together these enable a global response through individual actions and investments. With OECD savings exceeding 5% of disposable household income, ethical savings alone have considerable potential.
Keywords
Cite
@article{arxiv.1807.03364,
title = {A global consumer-led strategy to tackle climate change},
author = {Anthony J. Webster},
journal= {arXiv preprint arXiv:1807.03364},
year = {2018}
}
Comments
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