Global Climate Service: An Equitable Path for Sustainable Development

Climate-related disasters continue to break records and disproportionately impact developing economies. At COP 28 in November, the issue of how we fund the climate transition was pushed to 2024. In light of this, Oxford Economics’ Global Climate Service updates its bespoke Sustainable Development scenario, in which advanced economies take a lead in climate mitigation and allow developing economies more time to wind down their emissions. They provide cross-country funding transfers because developing economies don’t have the necessary spending power to invest in green infrastructure and technologies. This pathway provides developing economies with the leeway to pursue their climate agenda without compromising growth or the global transition.

In this webinar, we review what happened in COP28 and the economic implications of a Sustainable Development scenario relative to other climate pathways such as Net Zero.

Beatrice Tanjangco

Lead Climate Economist

+44 (0) 203 910 8049

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Beatrice Tanjangco

Lead Climate Economist

London, United Kingdom

Beatrice is a Lead Climate Economist. She produces Research Briefs on Climate Change and the economy and supports the expansion of Oxford Economics’ climate capabilities under the Global Climate Service.

Prior to joining Oxford Economics in 2022, she worked on projects in climate adaptation, resilience, and risk as a Research Fellow at the Overseas Development Institute (ODI). Before focusing on climate, she worked for various international organizations (the World Bank and Asian Development Bank) and think tanks, working on topics such as trade, finance, competition, and industry analysis. She also worked in the Oxford Economics Singapore office for several years. Bea holds an MSc in Specialised Economic Analysis from the Barcelona School of Economics, with a BA in Economics with a minor in Literature from the Ateneo de Manila University.

Manuela Kiehl

Climate Economist, Scenarios & Macroeconomic Modelling

+44 (0) 203 910 8007

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Private: Manuela Kiehl

Climate Economist, Scenarios & Macroeconomic Modelling

London, United Kingdom