Green Development Is Now The Only Option
Global Voices
By Alessio Terzi, Economist, European Commission: Given the rich world’s longstanding failure to finance climate mitigation and adaptation in the Global South, it is understandable that some developing countries would prioritize their own immediate growth
This way of framing the matter is understandable, given the rich world’s longstanding failure to meet its promises and help finance climate mitigation and adaptation in the Global South. But the supposed tradeoff between economic development and green policies is unconvincing – or at least suffers from a high degree of short-termism.
Green Development Is Now The Only Option
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