The global effort to combat climate change and biodiversity loss increasingly hinges on the choices made by emerging and developing economies. While advanced economies retain influence through emissions, trade, and technology, their relative share in global greenhouse gas emissions is declining. Rapid, inclusive, and low-carbon development pathways in countries like India, Indonesia, Brazil, South Africa, and especially China, are now pivotal. However, geopolitical tensions and waning leadership - particularly from the United States - threaten progress toward the goals set out in the Paris Agreement. To maintain momentum, this Policy Brief advocates for pragmatic “coalitions of the willing” that align climate, biodiversity, trade, and finance objectives. The European Union, with its leadership on climate policy and credibility in international negotiations, must spearhead these alliances, working closely with emerging markets to deliver systemic, cooperative solutions for a sustainable future.
New CEPR #PolicyInsight 144 Building coalitions for climate transition & nature restoration
@pisaniferry.bsky.social @wederdim.bsky.social & @jzettelmeyer.bsky.social advocate for pragmatic coalitions of the willing to align climate, biodiversity, trade & finance objectives.
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