Strong action to combat climate change could cumulatively add at least $ 26 trillion to the global economy by 2030, as a shift to a sustainable low-carbon growth path can yield significant economic gains compared to continuing business practices, according to a study released by the World Economic Forum. .
Smart investments in clean energy, cities, the food sector, land use, water and industry could create 65 million new jobs in 2030, equivalent to the combined workforce of Egypt and Britain, the study said.
Switching from fossil fuels to cleaner energies such as wind and solar power would avert 700,000 premature deaths from air pollution in 2030, and energy subsidy reforms could raise $ 2.8 trillion a year in government revenues in 2030, she said.
Reducing the temperature rise to 1.5 ° C requires unprecedented transformations in all aspects of society. Therefore, the next 10 years will be critical. Today, for example, 95% of all plastic packaging worth up to US $ 120 billion per year is disposed of after a single use, which calls for an opportunity to promote policies that encourage recycling. .