Report
Patrick Artus

Has the ratio between GDP growth and CO2 emissions improved over time?

H ope of meeting the climate goals without there being a significant decline in living standards rests on whether the ratio between growth and CO 2 emissions ( in OECD countries, emerging countries and globally) has improved over time (a given rate of growth has resulted in lower C O 2 emissions). Comparing the 1980 s , 1990 s , 2000 s and 2010 s , we find that: Everywhere, a fall in GDP growth reduces CO 2 emissions growth more than in the past; This means that the climate goals can be met with a smaller loss of growth than in the past: growth would now have to fall to 0.4% in the OECD ( from 2.2% growth in 2018), 2.4% in emerging countries ( from 4.8% growth in 2018) and 2.2% for the world ( from 3.7% growth in 2018).
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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