In-Depth Research & Reports
Sep 6, 2023
Policy memo: A NATO-style spending target could fund long-term decarbonization
By
Ben Judah, Francis Shin, Rachel Rizzo, Théophile Pouget-Abadie
EU member states and like-minded allies should set national-level spending targets, each based on a percentage of their respective annual GDPs, for decarbonization-related purposes. This would provide the basis of an international coalition that would ramp up global climate spending and set a useful benchmark to anchor high-level diplomatic discussions on the subject.
