A new study shows that economic growth rates make a big difference when it comes to prospects for limiting global warming to 1.5°C, as per the Paris Agreement. A recent study by the Institute for Environmental Science and Technology of the Universitat Autònoma de Barcelona (ICTA-UAB) shows that pursuing higher economic growth may jeopardize the Paris goals and leave no viable pathways for humanity to stabilize the climate. On the contrary, slower growth rates make it more feasible to achieve the Paris goals.
A new study shows that economic growth rates make a big difference when it comes to prospects for limiting global warming to 1.5°C, as per the Paris Agreement. A recent study by the Institute for Environmental Science and Technology of the Universitat Autònoma de Barcelona (ICTA-UAB) shows that pursuing higher economic growth may jeopardize the Paris goals and leave no viable pathways for humanity to stabilize the climate. On the contrary, slower growth rates make it more feasible to achieve the Paris goals.
The scientific study, published recently in the journal One Earth, was conducted in collaboration with researchers from the University of Barcelona, the University of Leeds, and the London School of Economics and Political Science (LSE), and led by Aljoša Slameršak, Giorgos Kallis, Daniel W. O’Neill, and Jason Hickel.
The article focuses on the period between 2023 and 2030, crucial for keeping the goals of the Paris Agreement alive and challenges the established assumption of high economic growth in existing scenarios of climate mitigation, since growth itself is a major driver of greenhouse gas emissions.
