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The Cost of Inaction - CPI
climatepolicyinitiative.org
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The Inaction Price Tag “However, these costs can be difficult to quantify.” Putting a price on each year of delayed climate action is critical for the public and decision-makers to understand the scope and urgency of the climate crisis. Concrete figures and projections can urge policymakers to act more effectively than metaphors of burning homes, and act as a rebuttal to the myopic idea that climate action is too expensive. In fact, inaction will be much more costly.
The Inaction Price Tag “The fact that failing to act on climate change now will create greater costs in the future, or the cost of inaction, is well understood in climate circles.” Putting a price on each year of delayed climate action is critical for the public and decision-makers to understand the scope and urgency of the climate crisis. Concrete figures and projections can urge policymakers to act more effectively than metaphors of burning homes, and act as a rebuttal to the myopic idea that climate action is too expensive. In fact, inaction will be much more costly.