REALITY CHECK

Lessons for 25 Policies Advancing a Low-Carbon Future

By the World Bank

CLIMATE CHANGE AND DEVELOPMENT

September 2023. 155 pages.

Stock no. C211996 (ISBN: 978-1-4648-1996-4). US$43.95

Reality Check: Lessons for 25 Policies

Advancing a Low-Carbon Future contributes to an evolving analytical agenda on policies that reduce the impacts of climate change by minimizing carbon emissions whilst pursuing strategic development goals. It builds on the World Bank’s 2015 report, Decarbonizing Development: Three Steps to a Zero-Carbon Future . While it does not address all dimensions of climate policy and development, it recommends selected priority policies and key lessons drawing from case studies around the world to enhance synergies between development and climate objectives in different country contexts. It does this by first capturing the current global trends with respect to climate impacts and risks, emission sources with past and future trends. Key decarbonization policies trends over the last three decades across regions, sectors, and types of policies are then discussed with considerations of planning for a future with zero net emissions, getting the prices and policies right, smoothing the transition, managing the political economy, and protecting the poor.