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Concluding Remarks

In: Sustainable Macroeconomics, Climate Risks and Energy Transitions

Author

Listed:
  • Unurjargal Nyambuu

    (The City University of New York (CUNY))

  • Willi Semmler

    (The New School for Social Research)

Abstract

The need for urgent policy action to protect the earth’s climate, natural wealth, and the welfare of society against climate extreme events is stressed in IPCC (2021, 2022a, b) reports and at climate change summits, e.g., the COP26 Glasgow conference. These reports and meetings have expressed an immediate need for more commitments and climate policy action. Even with a global temperature increase to $$1.5\,^{\circ }\textrm{C}$$ 1.5 ∘ C , and the accompanying extreme weather events, there are great perils ahead. Yet, if a further rise of temperature up to $$2\,^{\circ }\textrm{C}$$ 2 ∘ C , $$3\,^{\circ }\textrm{C}$$ 3 ∘ C , or even $$4\,^{\circ }\textrm{C}$$ 4 ∘ C , as compared to the pre-industrial era, is likely to occur, then an acceleration of extreme weather events is certain.

Suggested Citation

  • Unurjargal Nyambuu & Willi Semmler, 2023. "Concluding Remarks," Contributions to Economics, in: Sustainable Macroeconomics, Climate Risks and Energy Transitions, chapter 0, pages 191-195, Springer.
    • Handle: RePEc:spr:conchp:978-3-031-27982-9_12
    DOI: 10.1007/978-3-031-27982-9_12
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