Economics & Finance Economics & Finance

Good Economics for Warmer Times

Esther Duflo explains that climate change is largely driven by rich people and rich countries, while its impacts disproportionately harm the poor, especially in developing nations.

91 minutes
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Key findings
  • Top 10% richest are responsible for 50% of global emissions.
  • Poor countries suffer the most from climate impacts.
  • Rich countries must lead in emission reductions and fund adaptation.
  • Behavior change plus technology is essential; corporate goodwill alone is insufficient.

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