The Paris Agreement established that global warming should be limited to “well below” 2°C and encouraged efforts to limit warming to 1.5°C. Achieving this goal presents a challenge, especially given (i) economic inertia and adjustment costs, which penalize a swift transition away from fossil fuels, and (ii) climate uncertainty that, for example, hinders the ability to predict the amount of emissions that can be released before a given temperature...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2024/03/28
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Рабочий документ в рамках исследования вопросов политики
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WPS10743
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1
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2024/03/28
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Disclosed
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How Delayed Learning about Climate Uncertainty Impacts Decarbonization Investment Strategies