ACCREU partner Cyprus Institute recently published a new paper in its Policy Brief series, entitled “Climate Policy is Good Economic and Social Policy“. In this Brief, CyI Professor Theodoros Zachariadis reports on the recent findings of scientific studies on the economic impacts of climate change. The most recent studies estimate much more adverse impacts of climate change on the economy than earlier analyses and estimate that Cyprus will be among the European countries with the heaviest negative welfare impact on vulnerable households.
For this reason, the Policy Brief includes specific policy proposals both to mitigate the emissions responsible for climate change and to adapt the country to climate change. It underlines that policymakers, when making decisions, should account for the substantial benefits of decarbonisation to the Cypriot economy and the potential of climate policies to protect vulnerable citizens from the most severe impacts of the climate crisis.
The Policy Brief is available in English here.