AI Article Synopsis

  • * This study suggests strategies that balance national climate goals with local economic benefits, aiming for fairness across regions while minimizing financial losses.
  • * Focusing on China, the research shows that these tailored strategies might prevent up to 1.54% in GDP losses and benefit over 90% of regions compared to either existing targets or a uniform approach to reaching peak carbon emissions by 2030.

Article Abstract

Achievement of national climate targets and the corresponding costs would entirely depend on regional actions within the country. However, because of substantial inequalities and heterogeneities among regions, especially in developing economies, aggressive or uniform actions may exacerbate inequity and induce huge economic losses, which in turn challenges the national climate pledges. Hence, this study extends prior research by proposing economically optimal strategies that can achieve national climate targets and ensure the greatest local and national benefits as well as regional equality. Focusing on the biggest developing country China, we find this strategy can avoid up to 1.54% of cumulative GDP losses for approaching carbon neutrality, and more than 90% of regions would obtain economic gains compared either with existing independently launched targets or with the uniform strategy that all regions achieve peak carbon emissions before 2030. We also provide optimal carbon mitigation pathways to regional peak carbon, carbon intensity and energy consumption.

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Source
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC10724292PMC
http://dx.doi.org/10.1038/s41467-023-44122-0DOI Listing

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