IMF and IIES/SNS International Policy Talks: World Economic Outlook 2020 on Mitigating Climate Change

In chapter 3 of the World Economic Outlook, published in October 2020, the IMF states that without further action to reduce greenhouse gas emissions, the planet is on course to reach temperatures not seen in millions of years, with potentially catastrophic implications. Chapter 3 analyzes climate mitigation strategies with the potential to put the global economy on a stronger, as well as more sustainable, footing. What are the climate policy tools and what mix of measures is desirable? How can those most negatively affected by the measures proposed be compensated? Are there employment-friendly mitigation policies?

Participants

Florence Jaumotte, Deputy Division Chief in the Multilateral Surveillance Division of the Research Department at IMF

John Hassler, professor at IIES at Stockholm university and lead author of the report SNS Economic Policy Council 2020: Swedish policy for Global Climate

The meeting is led by Mia Horn af Rantzien, CEO at SNS.