Investing in public and low-emission transport, building efficiency, and waste management in the world’s cities could generate savings with a current value of US$17 trillion by 2050, finds a new report. These low-carbon investments could also reduce greenhouse-gas emissions by 3.7 gigatonnes per year by 2030 – more than the current annual emissions of India.
With complementary national policies such as support for low-carbon innovation, reduced fossil-fuel subsidies, and carbon pricing, the savings could be as high as US$22 trillion, says the report, Accelerating Low-Carbon Development in ...
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