Better Growth & Better Climate: The New Climate Economy

The New Climate Economy’s (NCE) recently released their 2018 Report on Unlocking the Inclusive Growth Story of the 21st Century: Accelerating Climate Action in Urgent Times. The key findings of the report focus on five key economic sectors: Energy, Cities, Food and Land Use, Water, and Industry, as well as the cross-cutting issues of Finance and Just Transition. The report also highlights some examples of the low carbon transition taking root, as well as the economic and social benefits being reaped as a result. How can we work toward a sustainable development model that promotes economic growth and environmental change? Leonardo Garrido, Lead Economist at the New Climate Economy explains how countries can work towards better growth and better climate. Today on CID’s Speaker Series podcast, Nawal Qutub, graduate student at the Harvard Graduate School of Education, interviews Leonardo Garrido, who provides further insight on the work of the New Climate Economy. He also discusses their work on a Low Carbon Development Initiative in Indonesia, a collaboration with the Indonesian Planning Ministry (BAPPENAS) to create a low carbon 5-year development plan. // www.growthlab.cid.harvard.edu // Interview recorded on October 19, 2018. About Leonardo Garrido: Leonardo Garrido is a Development Economist with more than 20 years of experience on applied economic research and empirical methods. Leonardo's main research interests include the linkages between climate, the environment and the socio-economy; the dynamics of poverty, inequality and growth; the application of heterodox approaches for understanding complex socio-economic phenomena; and the analysis of constraints to inclusive development in the developing world. Prior to joining the New Climate Economy, Leonardo worked for 15+ years conducting empirical work, macro and micro modeling and country engagement for several multilateral and bilateral development organizations, including the World Bank, the African Development Bank, the Inter-American Development Bank, the UK Department for International Development and USAID. During that period, he led projects in over 25 countries in support of policy making, mainly in Sub Saharan Africa and the Middle East. Leonardo previously served as Chief Economist for a Venezuelan financial institution, as Head of Economic Research in Venezuela's Tax Revenue Authority, and as Empirical Economist for a leading Venezuelean economic private consulting institution. Leonardo obtained his Economics degree at Universidad Catolica Andres Bellow in Caracas, Venezuela. He also holds a Certificate in International Taxation from Harvard Law School, and a Master in Public Administration from Harvard University, John F. Kennedy School of Government, where he specialized in both macroeconomic and microeconomic analysis. He lives in Washington, DC with his wife and two sons.