The Centre for Social and Economic Progress hosted a Flagship Seminar titled “Global and Local Policies for Respecting Planetary Boundaries: Tradeoffs and Synergies”.
About the event
In a series of highly cited papers over the period 2009 - 2023, earth system scientists have identified a set of nine planetary boundaries that must not be breached if we wish to avoid catastrophic consequences for nature and humanity. These range from well-mixed, global boundaries such as climate-altering greenhouse gas emissions to localised limits on freshwater availability and reactive nitrogen entering the environment. Recent estimates by Richardson et al. (2023) suggest that four of the nine planetary boundaries have already been breached. The food system is a key driver of all four exceedances and, therefore, must play a key role in any solutions. However, the establishment of these boundaries and the analysis of potential solutions have often been devoid of economic considerations. Furthermore, little attention has been given to the economic policies that might allow society to address these critical planetary boundaries, as well as likely synergies and tradeoffs across policies targeted to individual targets. This lecture will bring economic analysis to bear on this question, providing quantitative assessments of global and local policies aimed at respecting these planetary boundaries.
Presenter
Thomas Hertel - Distinguished Professor of Agricultural Economics, Purdue University
Discussants
Vibha Dhawan - Director General, TERI
Anshu Bharadwaj - Programme Director (Energy, Climate and Green Transition), NITI Aayog
Moderator
Rajesh Chadha - Senior Fellow, CSEP
All content reflects the individual views of the speakers. The Centre for Social and Economic Progress (CSEP) does not hold an institutional view on any subject.
29 сен 2024