Climate Change:

Start Now for Cheaper Carbon-Free Growth (Reuters)

Decarbonizing development is necessary to stabilize climate change.

Countries around the world can move their economies onto a path that cuts net emissions of climate-changing gases to zero at an affordable cost but they should start now, the World Bank said.

The latest science says the world needs to reach zero net emissions by 2100 to stabilise global warming at about 2 degrees Celsius above pre-industrial levels, agreed by governments as the maximum acceptable, the bank said in a report on Monday.

Zero net emissions means that no more greenhouse gases would be released into the atmosphere than can be absorbed by natural carbon sinks - oceans, forests and other vegetation.

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