New study shows slower growth rates can limit global warming

A new study shows that economic growth rates make a big difference when it comes to prospects for limiting global warming to 1.5 °C, as per the Paris

The study, conducted by the Institute for Environmental Science and Technology of the Universitat Autònoma de Barcelona (ICTA-UAB), has shown that pursuing higher economic growth may jeopardise the Paris goals and leave no viable pathways for humanity to stabilise the climate.

The study, however, has confirmed that slower growth rates make it more feasible to achieve the Paris goals. It focuses on the period between 2023 and 2030, crucial for keeping the goals of the Paris Agreement alive and challenges the established assumption of high economic growth in existing scenarios of climate mitigation, since growth itself is a major driver of greenhouse gas emissions.