Combining ambitious climate policies with efforts to eradicate poverty.

ABSTRACT: Climate change threatens to undermine efforts to eradicate extreme poverty. However, climate policies could impose a financial burden on the global poor through increased energy and food prices. Here, we project poverty rates until 2050 and assess how they are influenced by mitigation policies consistent with the 1.5 °C target. A continuation of historical trends will leave 350 million people globally in extreme poverty by 2030. Without progressive redistribution, climate policies would push an additional 50 million people into poverty. However, redistributing the national carbon pricing revenues domestically as an equal-per-capita climate dividend compensates this policy side effect, even leading to a small net reduction of the global poverty headcount (-6 million). An additional internat

SUBMITTER: Soergel B 

PROVIDER: S-EPMC8079366 | biostudies-literature | 2021 Apr

REPOSITORIES: biostudies-literature