Climate action at the city level can also create opportunities for low-skill employment, which will continue to constitute most of urban jobs, primarily in the informal sector. These include contributing to the design or production of goods and services underpinning the net zero transition, and leveraging natural endowments in the renewable energy sources needed to fuel cleaner growth and attract green firms. The only sustainable long-term option is shifting to a resource- and carbon-efficient development trajectory, and investing in strategies for adaptation (Hickel and Kallis 2020).Ĭities in developing countries should identify comparative advantages, as well as strategically build new ones, to leverage climate action as an economic opportunity. 2020) and push an additional 35 million people in South Asia into poverty by 2030-doubling existing levels (Jafino et al. ![]() Estimates suggest that inaction could cost the African economy between 10-15% of GDP by 2050, (Baarsch et al. ![]() ![]() The climate crisis urgently calls for a new environmentally sustainable and inclusive approach to growth (Stern and Valero 2021).
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