Report: Brookings: The economic case for staying in the Paris agreement

This article discusses a Brookings Institution report – The economic case for staying in the Paris agreement.

Nations who abandon the Paris agreement designed to tackle global climate change would ultimately be worse off economically despite some GDP benefits from reneging, according to a new analysis of the Paris climate deal by researchers with the Brookings Institution.

Why it matters: The study arrives at a fragile moment in global climate diplomacy, even as more research piles up about the dangers of failing to steeply cut emissions. The U.S. is preparing to abandon the deal and now Brazil’s new far-right president is undercutting confidence in that country’s green commitments.

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