On the other hand, while sustained high oil prices could provide climate change mitigation efforts a mild boost, the study concludes that such market developments would be no substitute for
concerted global policy to limit climate change to below 2 °C above preindustrial levels.
Not exact matches
The bigger question is, can unprecedented,
concerted global monetary
policy action repeal the business cycle?
The weaker overall outlook for
global economic growth could prove the decisive factor in persuading the ECB to further ease monetary
policy in a
concerted effort to stop the eurozone's recovery from stalling.
The IMF recently called for «forceful and
concerted policy action», including stronger investment spending, to avoid what it called a «derailment» of the
global economy.
Based on the available scientific knowledge it is only by
concerted global actions and smart science - informed
policies that we can provide solutions to limit warming of the climate system to 2 °C above pre-industrial levels, and thus reduce the risks and mitigate the consequences of climate change.