Given the climate situation, boosting growth through borrowing while taking more risk of a financial crisis is not a responsible policy

Global CO 2 emissions are absolutely not on a trajectory compatible with the climate commitments (increase in the planet's temperature limited to 2°C at the end of the century). The improvement in global energy efficiency is not sufficient to lower CO 2 emissions given the level of global growth, which is the case in emerging countries in particular . In this situation, boosting growth using debt (public in OECD countries, public and private in emerging countries) is definitely not a responsible attitude. It results in additional growth, and therefore additional CO 2 emissions, which is associated with additional debt and therefore with an increased risk of financial crisis. The world could at least avoid taking the risk of a financial crisis to obtain additional growth that worsens the climate situation.