Simply put, the economic analysis related to climate change issues in public debates has systematically gotten things wrong. The very nature of the analytical process fosters an exaggerated projection of costs and an understatement of benefits from climate mitigation and adaptation investments. This fosters a discussion of the “costs” of action, rather than a more [...]
Entries Tagged as 'world bank'
June 24th, 2014 · No Comments
November 19th, 2012 · 2 Comments
In the event that your nights are too tranquil, might I suggest some bedside reading from the (typically) staid World Bank? Turn Down the Heat’s subtitle is tellingly revealing: “Why a 4 Degree C Warmer World Must Be Avoided”. Bankers — especially international bankers — and banker analysts don’t typically hyperventilate. This tendency underlines why [...]
November 6th, 2008 · Comments Off
Bloomberg is reporting that Larry Summers is on a very short list for nomination as Secretary of the Treasury. One doesn’t need to look at the global financial meltdown to recognize that this is a truly critical post but the impact and import of this post cannot be underestimated. With the need [...]
October 8th, 2008 · Comments Off
Examining the World Bank’s investment portfolio (pdf), one could be excused for thinking that the Bank is somehow part of the global warming denier branch of the flat-earth society and does not believe that climate change is the critical issue facing the globe.
Relying exclusively on the World Bank’s own figures, our analysis shows World Bank [...]