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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]
Economic development is slow, consumption is material-intensive, and inequalities persist or worsen over time. Population growth is low in industrialized and high in developing countries. A low international priority for addressing environmental concerns leads to strong environmental degradation in some regions." [4] [14]
The revenues of the CDM constitutes the largest source of mitigation finance to developing countries to date (World Bank, 2010, p. 261-262). [26] Over the 2001 to 2012 period, CDM projects could raise $18 billion ($15 billion to $24 billion) in direct carbon revenues for developing countries. Actual revenues will depend on the price of carbon.
The IPCC's five reasons for concern are: threats to endangered species and unique systems, damages from extreme climate events, effects that fall most heavily on developing countries and the poor within countries, global aggregate impacts (i.e., various measurements of total social, economic and ecological impacts), [2] [3] and large-scale high ...
Climate change concerns, coupled with high oil prices, peak oil, and increasing government support, are driving increasing renewable energy legislation, incentives and commercialization. [5] New government spending, regulation and policies helped the industry weather the 2009 economic crisis better than many other sectors. [6]
If an approach is taken where the interests of poorer people have lower weighting, the result is that there is a much weaker argument in favour of mitigation action in rich countries. Valuing climate change impacts in poorer countries less than domestic climate change impacts (both in terms of policy and the impacts of climate change) would be ...
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] This approach has been the largest route to tackling the goal of solving climate change, however the world is not on track to reach the under 2°C warming in ...
Climate change poses significant challenges for rainfed agriculture and therefore the entire economy. [114] Analysis of weather patterns suggest drought conditions and other extreme weather increased in Sudan during the 20th century. [115] The relationship between climate change, water conflict and the war in Sudan has also been a topic of ...