The study claims the first step is to “plan for the end goal and not just the short-term”, then to “get prices right as part of a broad policy package, which triggers changes in investment and behaviour”, and the final point is to “smooth the transition for those most affected”.
The report, called ‘Decarbonizing Development: Three Steps to a Zero Carbon Future’, states the transition to zero net emissions is affordable if governments act today. Read more at www.worldbank.org
