Antoine @abakewell.bsky.social · 07/02/2025...countries pursuing ambitious climate policies often benefit from increased public investment and strengthened GDP. In contrast, inaction leads to escalating physical risks and long-term economic losses. 6/9 100 0
Antoine @abakewell.bsky.social · 07/02/2025to reach net zero by 2050. For Asia, coal would drop from 50% of the energy mix in 2020 to <1% by 2050. Solar and wind would replace high-emission sources and grow to respectively 39% and 15% of the energy mix. 4/9 100 0
Antoine @abakewell.bsky.social · 07/02/2025📈 #Carbon pricing matters Policies that change the relative cost of energy sources will be necessary to reach climate goals. According to NGFS models, under a NetZero 2050 scenario, shadow carbon prices in the EU could reach $875/t CO₂ by 2050, compared to just $20/t CO₂ under current policies. 2/9 100 0
Antoine @abakewell.bsky.social · 07/02/2025🌏Looking East: What can European and Asian economies learn from NGFS #Climate Scenarios? A few findings from an article that P. Champey and I wrote for MNB's "Eurasianomics", in which we explore implication of #NGFS Scenarios (Current policies and Net Zero 2050) for the transition in Eurasia.⬇️ 🧵1/9 100 0