A global consumer-led strategy to tackle climate change
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ID: 281645
2018
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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.
| Reference Key |
webster2018a
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|---|---|
| Authors | Anthony J. Webster |
| Journal | arXiv |
| Year | 2018 |
| DOI |
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