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Gregor Schwerhoff and Florence Jaumotte

This online course, presented by the IMF's Institute for Capacity Development and Research Department serves as the third in a six-part "Macroeconomics of Climate Change (MCCx)" series. In this offering, you will learn about the general investment needs for a net-zero emission transition, as well as the roadmap for decarbonization across sectors.

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What's inside

Learning objectives

  • Define the four building blocks of a growth and distribution friendly mitigation strategy.
  • Compare the effects of mitigation policies on commodity prices, trade patterns, and fossil fuel exporters' economies, as well as domestically and internationally.
  • Describe the general investment needs for a net-zero emission transition.
  • Identify a roadmap for decarbonization across sectors.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Covers fundamental building blocks of mitigation frameworks
Examines global impacts of mitigation policies
Identifies decarbonization roadmaps across various sectors
Suitable for professionals seeking a comprehensive understanding of climate change mitigation strategies

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Macroeconomics of Climate Change: Transitioning to Net-zero with these activities:
Review Fundamentals
Reviewing the basics of climate mitigation will help you build a strong foundation for the course content.
Browse courses on Climate Mitigation
Show steps
  • Read assigned chapters from a textbook or online resources.
  • Attend any optional pre-course webinars.
  • Complete practice problems and quizzes to test your understanding.
Attend Webinars and Conferences on Climate Mitigation
Attending events will connect you with experts and provide insights into cutting-edge mitigation practices.
Browse courses on Climate Mitigation
Show steps
  • Identify relevant webinars and conferences.
  • Register and attend the events.
  • Take notes and engage in discussions.
Participate in Climate Mitigation Projects
Hands-on experience through volunteering will reinforce your knowledge of mitigation strategies and their implementation.
Browse courses on Decarbonization
Show steps
  • Identify volunteer opportunities with organizations working on climate mitigation.
  • Contact the organizations and inquire about volunteer roles.
  • Participate in projects and contribute your skills.
One other activity
Expand to see all activities and additional details
Show all four activities
Mentor Students in Climate Mitigation
Mentoring others will solidify your understanding of mitigation strategies and enhance your communication skills.
Browse courses on Climate Mitigation
Show steps
  • Identify opportunities to mentor students through platforms or organizations.
  • Share your knowledge and experience in climate mitigation.
  • Provide guidance and support to mentees.

Career center

Learners who complete Macroeconomics of Climate Change: Transitioning to Net-zero will develop knowledge and skills that may be useful to these careers:
Energy Consultant
This course is highly relevant to working as an Energy Consultant as you will gain extensive knowledge on the macroeconomic implications of climate change mitigation strategies. Understanding these macroeconomic impacts is crucial for advising clients on how to transition to a net-zero emission economy in a way that is both economically and environmentally sustainable. Additionally, the course will provide you with insights into the investment needs and decarbonization roadmaps for different sectors, which will be valuable for your work in helping clients develop and implement energy efficiency and renewable energy projects.
Environmental Economist
This course is highly relevant to those seeking a career as an Environmental Economist. The course will provide you with a strong foundation in the economic principles and models used to analyze climate change mitigation policies, including their impact on economic growth, income distribution, and trade patterns. You will also gain insights into the investment needs and decarbonization roadmaps for different sectors, which will be valuable for your work in designing and evaluating environmental policies.
Climate Policy Analyst
As a Climate Policy Analyst, it is essential to have a comprehensive understanding of the macroeconomic implications of climate change mitigation strategies. This course will provide you with the knowledge and skills you need to analyze the economic impacts of climate change policies, including their impact on economic growth, income distribution, and trade patterns. The course will also provide you with insights into the investment needs and decarbonization roadmaps for different sectors, which will be valuable for your work in developing and implementing climate policy.
Sustainability Analyst
For those pursuing a career as a Sustainability Analyst, this course is highly recommended. You will gain knowledge of the macroeconomic implications of climate change mitigation strategies, including their impact on economic growth, income distribution, and trade patterns. The course will also provide you with insights into the investment needs and decarbonization roadmaps for different sectors, which will be valuable for your work in evaluating the sustainability performance of companies and organizations.
Renewable Energy Project Developer
This course is highly relevant for those interested in a career as a Renewable Energy Project Developer. The course will provide you with insights into the macroeconomic implications of climate change mitigation strategies, including their impact on economic growth, income distribution, and trade patterns. You will also gain knowledge of the investment needs and decarbonization roadmaps for different sectors, which will be valuable for your work in developing and implementing renewable energy projects.
Carbon Market Analyst
For those seeking a career as a Carbon Market Analyst, this course may be useful. The course will provide you with a basic understanding of the macroeconomic implications of climate change mitigation strategies, including their impact on economic growth, income distribution, and trade patterns. The course will also provide you with insights into the investment needs and decarbonization roadmaps for different sectors, which will be valuable for your work in analyzing and forecasting carbon markets.
Climate Scientist
While this course is not directly related to climate science, it may still be useful for those interested in a career as a Climate Scientist.
Oceanographer
While this course is not directly related to oceanography, it may still be useful for those interested in a career as an Oceanographer.
Risk Analyst
While this course is not directly related to risk analysis, it may still be useful for those interested in a career as a Risk Analyst.
Climate Change Adaptation Specialist
While this course is not directly related to climate change adaptation, it may still be useful for those interested in a career as a Climate Change Adaptation Specialist.
Environmental Engineer
While this course is not directly related to environmental engineering, it may still be useful for those interested in a career as an Environmental Engineer.
Policy Analyst
While this course is not directly related to policy analysis, it may still be useful for those interested in a career as a Policy Analyst.
Meteorologist
While this course is not directly related to meteorology, it may still be useful for those interested in a career as a Meteorologist.
Hydrologist
While this course is not directly related to hydrology, it may still be useful for those interested in a career as a Hydrologist.
Geologist
While this course is not directly related to geology, it may still be useful for those interested in a career as a Geologist.

Reading list

We've selected 12 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Macroeconomics of Climate Change: Transitioning to Net-zero.
Provides a comprehensive overview of the economics of climate change, with a focus on mitigation and adaptation. It valuable resource for students, researchers, and policymakers alike.
Macroeconomic Policy for a Clean Economy is designed for a broad audience of students, scholars, policy makers, and professional economists. This concise book presents an overview of the key macroeconomic principles that are necessary to guide economic policy making in the early twenty-first century, when the world economy faces an urgent need to transition from a fossil fuel-based energy system to one that is based on renewable energy sources.
Provides a detailed and comprehensive plan for reversing global warming. It valuable resource for anyone interested in climate change mitigation.
This report provides an assessment of the gap between current climate pledges and the emissions reductions needed to keep global warming below 2°C. It valuable resource for researchers and policymakers alike.
Provides a comprehensive overview of the role of non-state actors in the climate change regime. It valuable resource for researchers and policymakers alike.
Provides a comprehensive overview of the relationship between climate change and trade. It valuable resource for researchers and policymakers alike.
Provides a detailed analysis of the Paris Agreement on Climate Change. It valuable resource for researchers and policymakers alike.
Environmental and Natural Resource Economics provides a comprehensive introduction to environmental economics and natural resource management.
Climate Change Economics: A Primer concise and accessible introduction to the economics of climate change.
The Economics of Climate Policy comprehensive and authoritative analysis of the economics of climate policy.

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