“Green Economy” Paradigm Shift

Updated: Apr 26

In the past week, two interesting and important events took place:

  1. The UN Intergovernmental Panel on Climate Change’s (IPCC) newly published report (SR15) on climate change came calls for urgent action to phase out fossil fuels and warning that we only have 12 years to avoid a climate catastrophe.

  2. The Nobel Prize in Economics was given to two environmental economists (William Nordhaus and Paul Romer)

This raised the question: Is the World finally going to take climate change seriously? Will we finally see a paradigm shift with respect to our economic system and economic thinking that entice us to save the World - and thereby also ourselves?

To help us shed light on these important and complex issues, and to lead the discussion on what policies we should propose for governments around the World, we invited guest speaker Steve McCoy, one of Malaysia's foremost environmental intellectuals. The talk was summarized into an article by Gregers (IEN), who also gave a summary of the latest IPCC climate change report.

Read article (pdf, LinkedIn Article).

IPCC SR15 report slides (click).