Stephane Hallegatte
hallegatte.bsky.social
Stephane Hallegatte
@hallegatte.bsky.social

Chief Climate Economist - the World Bank - toward Resilient Net Zero Development - personal opinions

Economics 27%
Environmental science 18%

And if you attend COP30, see here the events we organize, including the CCDR Summary launch tomorrow

However, while the aggregate effect is expected to be small, countries need to prepare for significant sectoral and regional shifts. The report highlights measures to reduce five frictions that prevent workers to adjust to a rapidly changing labor market: skills, space, time, norms, and wages.

At the same time, the shift to low-emission development pathways, with emissions reduced by 71 percent by 2050, would have a small and most of the time positive impacts on GDP and labor income.

Reposted by Alistair Munro

Key highlights include that climate adaptation could yield labor income benefits equivalent to 150 million jobs by 2050, a combination of new jobs created by investments in infrastructure or nature-based solution and jobs that are protected from negative shocks and impacts.

Reposted by Tatiana Filatova

The 4th “Country Climate and Development Report” summary is out, covering 93 economies, with a focus on jobs.

This report is unique in that it is
based on dozens of individual-country reports, each prepared (and reviewed) individually.

On the same topic, see our note on climate cobenefits: blogs.worldbank.org/en/climatech...
Financing Smart Development
Learn how the World Bank Group measures smart development and how it is linked to climate change.
blogs.worldbank.org

Thanks to renewable power expansion, fuel-importing countries saved more than $1.3tn between 2010 and 2023 that would otherwise have been spent on fossil fuels from overseas. Important contribution from @iea.org to current debates!
Renewables have cut fossil-fuel imports for more than 100 countries, saving hundreds of billions of dollars, report @iea.org

- including UK, Germany and Chile etc

Story by @joshgabbatiss.bsky.social
www.carbonbrief.org/iea-renewabl...
IEA: Renewables have cut fossil-fuel imports for more than 100 countries - Carbon Brief
More than 100 countries have cut their dependence on fossil-fuel imports and saved hundreds of billions of dollars by continuing to invest in renewables
www.carbonbrief.org
Une terrible nouvelle! Personnellement il me semble que ça va contre le “sens de l’Histoire”.

Encore plus personnellement je vais amèrement regretter cette ligne dans mes transits réguliers entre l’Ukraine et la France (en train c’est top)

Ouf: Reste le train de nuit Vienne-Bruxelles

Air conditioning good
Thrilling end to a week in Seoul, with $23.7bn in donor contributions raised from a coalition of nations, to help #EndPoverty on a #LivablePlanet. @WBG_IDA will leverage this x4 to deliver $100bn over 3 years for the countries that need it most. #IDAWorks #IDA21
Two new recordings online!

CCSS Meeting #73: Defining and measuring socioeconomic resilience by dr. @hallegatte.bsky.social

Science Jam #62: Temporal Networks of Human Interactions by Prof. dr. @jsaramak.bsky.social

Please check out our YouTube channel
www.youtube.com/@centreforco...
Centre for Complex Systems Studies Utrecht
The Centre for Complex Systems Studies (CCSS) brings together the complexity research of Utrecht University. The centre aims at scientific breakthroughs as well as novel solutions for societally relev...
www.youtube.com

How do we estimate climate change macroeconomic risks in The World Bank's Country Climate and Development Reports? We just published a methodological paper that presents a methodology used in many of them, with our partners at Industrial Economics (IEc). documents1.worldbank.org/curated/en/0...

Renewable energy offers an opportunity to bring electricity to people who are hard to reach with fossil fuels, and to create jobs and reduce poverty. It is also chance to boost resilience to natural disasters and climate change. Blog post on our M300 initiative: blogs.worldbank.org/en/climatech...
Mission 300: Connecting 300 million people to electricity and building a resilient future in Africa
By scaling investment, Mission 300 is a critical foundation for bridging the energy access and adaptation gaps, paving the way for better jobs, and more prosperous and resilient communities across Afr...
blogs.worldbank.org

Congratulations to Bina! A well deserved award: her research has been and will continue to be very influential in India and beyond!
Happy to attend the @cepr.org Workshop on People’s Understanding of and Support for Economic Policies workshop at St Gallen. I ll share some thoughts on this carefully curated workshop in this thread.

From WB colleagues, an assessment of firm-level vulnerability and adaptation. Based on 160,000 firms, they find they small and medium-size firms in low- and low-middle income countries see revenues decline by 12% when temperatures are 0.5◦C above average. documents.worldbank.org/en/publicati...
Firm-Level Climate Change Adaptation : Micro Evidence from 134 Nations
Are firms adapting to climate change? This paper studies this question by combining geocoded World Bank Enterprise Survey data with spatially granular weather data to .
documents.worldbank.org

CCDRs now cover 72 economies, each with its own modeling, and their preparation include the iterative aspects mentioned in the paper, both across disciplines (eg energy and macro) and btw modelers and decision makers.

www.worldbank.org/en/publicati...
Country Climate and Development Reports (CCDRs)
The World Bank Group’s Country Climate and Development Reports (CCDRs) are new core diagnostic reports that integrate climate change and development considerations.
www.worldbank.org

curious to hear what you think of the modeling approach deployed in CCDRs, in which different parts of the systems are modeled separately (to keep modeling manageable and sufficiently detailed), with a macro analyses validating the feasibility and estimating financial and macro implications…

An obsession for a long time: many policy goals interact strongly in urban setting. In a case study on Paris, we show that you need a combination of policies to combine housing affordability, low emissions, and resilience. www.nature.com/articles/ncl...
Trade-offs and synergies in urban climate policies - Nature Climate Change
Urban climate policies interact with socio–economic policy goals. These interactions can lead to trade-offs or synergies, but have been rarely analysed. Now research provides a quantification of these...
www.nature.com

La saga inachevée des ordinateurs TO7 et MO5, un éphémère succès français. nostalgie…
A joy to visualise this good climate news ☀️

Solar is growing in every EU country and, for the first time in 2024, generates more electricity than coal.

Plenty more powerful and positive insights in
@ember-energy.org's European Electricity Review 2025 out today ➡️➡️➡️ ember-energy.org/latest-insig...
📣Our upcoming webinar with Adam Bauer explores his research with @hallegatte.bsky.social and Florent McIsaac and asks: Should we delay for coordinated climate policies or implement uncoordinated ones now?
📅Jan 27
⏰11am EST, 4pm GMT, 5pm CET
🔗https://bit.ly/3WpEQhQ

#ClimateChangeMitigation

And that’s it! Bon réveillon!