2min chapter

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Planetary Crisis? Call an Economist! - Ep48: Nick Stern

Cleaning Up: Leadership in an Age of Climate Change

CHAPTER

Climate Transitions Investment

G7 should announce a further $1 trillion of clean, climate transitions investment but specifically triggered at restarting growth as we come out of hopefully the COVID pandemic. What we argue then it's beyond the G7 but the one trillion extra investment is G7 oriented. If you look around the world, except China where investment is very high already in China what you need to do is to change the composition of investment, not necessarily increase it.

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