Global Environmental Outlook 7

The UN has a new UN-speak report on what we need to do to fix the global environment. The simplest take-home message is an economic one – the benefits greatly exceed the costs, but it requires up-front investment blah blah blah. UN-speak is off-putting to many, so talented politicians and other leaders need to translate it to platforms and policies that speak to us, and then do it. There’s a full report, an executive summary, and key messages from the executive summary. I’ll highlight just a few actions here in my own words:

  • Eliminate environmentally harmful subsidies in the energy, food, and mining industries.
  • Internalize external costs – the good old “Pigouvian taxes” that raise revenue and/or encourage behavior, and we win either way.
  • Alternative/supplemental measures of progress besides GDP
  • Circular economy – recycling and reducing waste
  • Renewable energy phase-in and fossil fuel phase-out
  • Electrify everything – transportation, manufacturing, housing/buildings, and agriculture

Nature-based solutions and conservation of natural ecosystems seem to be important things missing from from this list, but those are in other reports of course. Still, I find it strange to make a distinction between “ecosystems” and the “environment”.

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