How Delayed Learning about Climate Uncertainty Impacts Decarbonization Investment Strategies (English)

How Delayed Learning about Climate Uncertainty Impacts Decarbonization Investment Strategies (English) The Paris Agreement established that global warming should be limited to “well below” 2◦C and encouraged efforts to limit warming to 1.5◦C. Achieving this goal presents a significant challenge, especially given the presence of (i) economic inertia and adjustment costs, which penalize a swift transition away from fossil fuels, and (ii) climate uncertainty that, for example, hinders the ability to predict the amount... https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099829103282438373/idu1f2d86d77127091490d1a6df1dc342f15d10b