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    Published on Monday, December 16, 2019 | Updated on Thursday, December 19, 2019

    Man on the Moon

    Summary

    At the Chile COP 25 in Madrid, the European Commission presented a set of initiatives through which Europe will stop contributing to the increase of carbon in the atmosphere by 2050 and therefore help mitigate climate change.

    Key points

    • Key points:
    • The economy is accelerating its transformation to address the risk of climate change.
    • As there is little probability of risk, from a purely a prudent point of view it is realistic that work should start now.
    • In a scenario where the population continues to grow and in which increased well-being is also an objective, the challenge is to use energy more efficiently (less intensively) and with a less carbon-rich mix.
    • Experimenting with trial and error with the only habitable planet we have is not an option.

    Geographies

    Topics

    Authors

    Julián Cubero BBVA Research - Lead Economist

    Documents and files

    Press article (PDF)

    Man_on_the_Moon_Julian_Cubero_Expansion_WB.pdf

    Spanish - December 16, 2019

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