World Bank, in partnership with GreenWorks Foundation, has recently released a report on the myriad benefits of energy efficiency and public transportation. The study examined Brazil, China, India, Mexico, the USA, and the European Union, and the results suggest that the combination of industrial efficiency and clean transportation could be responsible for a $1.8 trillion increase in global GDP. Additionally, the efficiency practices could reduce pollution-related deaths by around 94,000. Along with saving lives, efficiency can help avoid crop losses all while creating jobs and combating climate change.
Smart Policies Deliver Economic, Health and Climate BenefitsFinchannel, June 26, 2014
“The report’s findings show clearly that the right policy choices can deliver significant benefits to lives, jobs, crops, energy , and GDP – as well as emissions reductions to combat climate change,” said Jim Yong Kim, President of the World Bank Group. “The September Climate Summit provides a critical opportunity for world leaders to be on the right side of history, to champion ambitious action that not only cuts carbon pollution, but also delivers jobs and economic opportunity,” he added.
The report focuses on five countries – Brazil, China, India, Mexico, and the United States – plus the European Union. It uses a new modelling framework to examine the significant benefits that ambitious climate mitigation policies can generate across the transportation, industry, and building sectors, as well as in waste and cooking fuels.