Climate Mitigation Investments: An Economic and Policy Outlook

Abstract

The recent trade tensions have posed unprecedented challenges on economic activities, geographical distribution and future human existence. These trade tensions have accentuated the issues of investment and climate change. The article applies CGE modelling to assess the impact of trade policy shocks on sectors contributing to high carbon emissions. The study recognizes the role of trade as a facilitator for promoting investment in renewable sectors. Additionally, the study proposes a framework for boosting investment in climate change mitigation. This research advocates the need for synchronization between trade and investment policies and calls for pre-emptive actions for integrated comprehensive and holistic actions from institutions and governments.