Climate Change Mitigation Economics

Climate Change Mitigation Economics studies the financial aspects of reducing greenhouse gas emissions to limit global warming. It analyzes the costs and benefits of various strategies, such as renewable energy, energy efficiency, and carbon pricing. By investing in cleaner technologies and practices, we can lower future climate-related damages and protect the environment. Effective mitigation can enhance economic resilience, create jobs in green sectors, and promote sustainable development. Ultimately, it balances immediate expenses with long-term gains for society and the planet, highlighting the importance of proactive measures against climate change.