Enrichment

Should climate change be put at the heart of economic theory? [Year 12 and Year 13 Enrichment Task]

Penny Brooks

9th July 2020

Mark Carney, former Governor of the Bank of England, is passionate about the importance of Climate Change for the global economy. Reports this morning from the World Meteorological Organisation say there's a growing chance that global temperatures will rise by more than 1.5C over the next five years, compared to pre-industrial levels. There is a deep challenge to the world's chances of meeting the commitments made at the Paris climate agreement in 2015.

This week's enrichment task asks students to consider whether governments can, and should, make climate change an integral part of their economic policy. The document below contains a number of links to reports and websites, with a focus on the work that Mark Carney did while at the Bank of England, and does now as special advisor on climate finance to the UK prime minister, in preparation for a UN conference which is due to take place in Glasgow in November this year.

Should Climate Change Be Put At The Heart Of Economic Theory

Penny Brooks

Formerly Head of Business and Economics and now Economics teacher, Business and Economics blogger and presenter for Tutor2u, and private tutor

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