Climate scientists have warned that the world must reach zero carbon emissions by 2050 if global average temperatures do not increase by more than 1.5 degrees Celsius and set off catastrophic changes to the climate. Many countries have set target dates for decarbonising their economies; India’s is 2070. What will this mean for the global economy? Can “net zero” be a net positive for Indian and global growth? And what are the development pathways that must be put into place in the next few years to turn this new climate ambition into a new, greener development paradigm? What are the changes to the multilateral architecture, to international regulation, and to local laws that must be undertaken if ambitious targets are to be achieved — or, indeed, exceeded? And how can we ensure that the transition is just and inclusive? This collection of essays and papers provides modelling and analysis that begin to answer some of these questions.
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