The New Climate Economy Report, released today, brings together work drawn on engagement with economic decision-makers in governments, states, cities, communities, companies, trade unions, international organisations and financial institutions throughout the world.
The 10-point Global Action Plan we propose in this report can help catalyse action to achieve both better growth and a better climate. It proposes practical measures which can be taken not just by national governments, but by cities and regional authorities, businesses, communities and international organisations. The Commission and the New Climate Economy project remain committed to engaging further with all those interested in these issues.
A shift to more compact urban growth, connected infrastructure, and coordinated governance could boost long-term urban productivity and yield environmental and social benefits. Such an approach has the potential to reduce urban infrastructure capital requirements by more than US$3 trillion over the next 15 years. New analysis suggests that the world’s 724 largest cities could reduce greenhouse gas emissions by up to 1.5 billion tonnes of carbon dioxide equivalent (CO2e) annually by 2030, primarily through transformative change in transport systems.