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China s new emissions trading has transformational potential
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China s New Emissions Trading Scheme Has Transformational Potential – BRINK – Conversations and Insights on Global Business
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11 March 2021 15:00–16:30 Zoom ID: 925 2226 8903 Passcode: 083847
Covid-19 and economic responses to it have amplified and changed the nature of development challenges in fundamental ways. Global development cooperation should adapt accordingly. How have changes to global growth, debt, budget deficits and taxes, aid, capital markets, along with poverty and vulnerability changed the development context over the long-term?
We suggest that aid is moving beyond altruism to become an instrument of national self-interest and of better planetary management of the global commons. Metrics of environmental sustainability and social inclusion performance, as well as governance, will become more important determinants of aid’s effectiveness. Prominent among these is far more ambitious use of multilateral and national developmen