COP26, or the 2021 United Nations Climate Change Conference, brought international stakeholders together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change. It's taking place in Glasgow.

"The stake are very high, as the climate emergency, highlighted in the IPCC report from earlier this year, requires urgent and decisive action from the world’s governments.

The climate emergency cannot remain an abstract notion but must become a strong driver of macroeconomic policy if we are to avoid the “hell of earth”.

Jonathan Charles, EBRD Managing Director for Communications, speaks with:

Professor Mike Spence, a Nobel Laureate in Economic Sciences (2001). He is also a senior fellow at the Hoover Institution and the Philip H. Knight Professor Emeritus of Management in the Graduate School of Business at Stanford University.

Jean Pisani-Ferry, a non-resident senior fellow at the Peterson Institute for International Economics.  He holds the Tommaso Padoa-Schioppa Chair of the European University Institute in Florence and is a senior fellow at Bruegel.

Beata Javorcik, EBRD Chief Economist and Professor of Economics at the University of Oxford.

The discussion was opened by a special address from Odile Renaud-Basso, EBRD President."

Podcast is prepared by the EBRD in English language. Click here to access the podcast.

Source: EBRD

Illustration: EBRD