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Climate change mitigation policies can have a large and complex impact on the socio-economic status of individuals and countries This can be both positive and negative. [300] It is important to design policies well and make them inclusive. Otherwise climate change mitigation measures can impose higher financial costs on poor households. [301]
This approach is the dominant one where all world governments are engaged, which makes sense as the entire population of the world is affected by this issue. The top-down approach is that of strong central oversight by a majority of world governments in determining how various approaches to climate change mitigation should be implemented. [9]
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Climate change can also be used more broadly to include changes to the climate that have happened throughout Earth's history. [32] Global warming—used as early as 1975 [33] —became the more popular term after NASA climate scientist James Hansen used it in his 1988 testimony in the U.S. Senate. [34] Since the 2000s, climate change has ...
Economic components like the stock market underestimate or cannot value social benefits of climate change mitigation. [254] Climate change is largely an externality, [255] [256] [257] despite a limited recent internalization of impacts that previously were fully 'external' to the economy. [258]
Climate change mitigation scenarios are possible futures in which global warming is reduced by deliberate actions, such as a comprehensive switch to energy sources other than fossil fuels. These are actions that minimize emissions so atmospheric greenhouse gas concentrations are stabilized at levels that restrict the adverse consequences of ...
Climate action (or climate change action) refers to a range of activities, mechanisms, policy instruments, and so forth that aim at reducing the severity of human-induced climate change and its impacts. "More climate action" is a central demand of the climate movement. [1] Climate inaction is the absence of climate action.
8 January: a study published in Nature concluded that one-quarter of 23,496 decapod crustaceans, fishes and odonates studied, some of which provide climate change mitigation, are threatened with extinction. [9] One-fifth of threatened freshwater species are affected by climate change and severe weather events. [9]
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