Breaking the Climate Change Cycle

Whether we will manage to slow climate change down or not, these changes, and the impact of our mitigation efforts, will affect many ecosystems, economic sectors and features of our lives. Latest science shows that some of the effects of climate change may be faster than we expected and we have already caused enough damage with our past actions. In one of the new Future World masterclass series, Valentina Bosetti, professor of Environmental and Climate Change Economics at Bocconi, explains that it is now time to break the cycle. The solutions are out there, she illustrates, but they come with challenges and to trigger change we will need policies.

Future World is a new series of video masterclasses, promoted by Bocconi together with Financial Times, with Bocconi professors and prominent guests discussing the megatrends and forces at work shaping the post-pandemic world and impacting the economy, climate change, digital transformation, population change and European politics.

In the video Bosetti gives her overview of where we are and where we are heading regarding climate change -"possibly the largest challenge humanity has ever faced", she warns. She explains the solutions that are available and the policies required to support them. It is a complex effort, she warns, requiring high level of coordination across sectors, activities and countries. Her guest Barbara Buchner, Senior Director of Climate Policy Initiative, gives insight on the problems and challenges facing developing and emerging economies in the fight against climate change and how advanced economies can best support them.