The economic impacts of climate change mitigation policy

The EBRD region will have to play an important role in global efforts to mitigate climate change. But what are the likely costs and the potential benefits for the transition region, when embarking on ambitious climate change mitigation policies? Chapter 2 analyses the likely range of macroeconomic effects, alongside the structural changes that will be required to set the region’s economies on a decarbonisation path. Selected social implications of climate change mitigation policies are also discussed.