What it will take to deliver on the Paris climate agreement
Past Event
The Paris climate agreement, recently signed onto by 196 countries, is a milestone in recognizing the threat posed by climate change and securing collective commitment to hold global temperature rise to “well below 2 degrees Celsius.” The task now is to translate this ambitious commitment into a concrete implementation agenda.
On June 7, the Global Economy and Development program at Brookings hosted a high-level panel which included eminent climate expert Lord Nicholas Stern*; World Bank Managing Director Sri Mulyani Indrawati*; University of Maryland Dean of Public Policy and longtime climate advisor Robert Orr; as well as Vice President Kemal Dervis and Senior Fellow Amar Bhattacharya of the Global Economy and Development program. The panel assessed the challenges as well as the opportunities in implementing the Paris climate agreement.
*Lord Nicholas Stern is co-chair and Sri Mulyani Indrawati is global commissioner of the Global Commission on the New Climate Economy.
Agenda
Panelists
Amar Bhattacharya
Senior Fellow - Global Economy and Development
Nicholas Stern
IG Patel Professor of Economics and Government - London School of Economics
President of the British Academy
Chair of the Grantham Research Institute on Climate Change
Sri Mulyani Indrawati
Managing Director and Chief Operating Officer, World Bank
Robert Orr
Dean, UMD School of Public Policy
Introduction
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[On action on climate change] This is a momentum game. The faster we act, the easier it gets. Bigger markets open up, including to exports. The virtuous cycle spurs incredible progress…We need to scale out zero-carbon electricity, broadly electrify vehicles and buildings. Solutions that remove carbon from the atmosphere directly will soon play a bigger role.