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Fact check: Does climate protection stifle economic growth? A popularly held belief maintains that climate protection measures are costly and damage the economy. On the other hand, economic loss caused by climate change runs into billions of dollars. DW looks at the facts. It s the economy, stupid. That phrase was coined by James Carville, a political strategist for former US President Bill Clinton in the successful presidential campaign against George Bush Sr. These days, any political adviser worth their mettle would make sure their candidates spout off It s the environment, stupid as an election slogan at every opportunity. The question is whether the two are mutually exclusive or whether economic growth and climate protection are two sides of the same coin.

France generalUnited kingdomWilfried rickelsJames carvilleJohan rockstrKarsten neuhoffBill clintonGerman institute for economic researchCoalition for climate resilient investmentPotsdam institute for climate impact researchClimate policy departmentA national bureau of economic researchKiel institute for the world economyWorld economic forum in davosClimate research centerGeorge bush