All strategies to mitigate climate change have distributive implications that cannot be overlooked. If left unaddressed, such implications will fuel persistent headwinds to progress on the climate change and sustainability agenda.
Michael Spence, a Nobel laureate in economics, is Professor of Economics at New York University’s Stern School of Business and Senior Fellow at the Hoover Institution. He was the chairman of the independent Commission on Growth and Development, an international body that from 2006-2010 analyzed opportunities for global economic growth, and is the author of The Next Convergence: The Future of Economic Growth in a Multispeed World.
- Despite efforts to achieve net-zero by 2050, global emissions are still rising.
- A new study suggests ways to fast-track efforts to decarbonize the planet.
- Building a business case for sustainable energy could drive the transition.
Johnny Wood, Senior Writer, Formative Content
Alfred Nobel could not possibly have imagined the scope or scale of today’s global challenges when he introduced his eponymous prize nearly 125 years ago. Yet, by establishing a platform for identifying those who are doing the most for humanity, he may have created a powerful means of confronting them.
Johan Rockström is Director of the Potsdam Institute for Climate Impact Research – Lars Heikensten is Executive Director of the Nobel Foundation – Marcia McNutt is President of the US National Academy of Sciences