Spend trillions to prevent global warming! Davos call for $14trn ‘greening’ of global economy — Spending is critical to ‘save the world and its economy from devastating global warming’
The extra spending amounts to roughly $700bn a year until 2030 and would provide a much-needed economic stimulus as well as reduce the costs associated with global warming further down the line, said Mr Calderon, who leads the alliance. It is better to try to pre-empt events like Hurricane Sandy, which cost $50bn, by keeping […]