A unique confluence of global events-from volatile oil prices to unforeseen technological advances and declining prices in renewable energy-has created a window of opportunity for significant worldwide progress on climate change, the Global Commission on the Economy & the Climate said in a July 7 report. Those changes, along with incremental growth in carbon pricing both at the national and subnational levels, "offer new opportunities to accelerate the transition to low-carbon growth and prosperity," said the report, "Seizing the Global Opportunity: Partnerships for Better Growth & a Better Climate." The commission was launched by seven nations: Colombia, Ethiopia, Indonesia, Norway, South Korea, Sweden and the U.K., and is co-chaired by former Mexican President Felipe Calderon and economist Lord Nicholas Stern.
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