Reimagining macroeconomics to meet climate challenge - State Street Global Advisors

Climate change can no longer be relegated to speciality models, but must be integral to the mainstream macroeconomics framework.

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... ESG investing is deemed as the necessary new framework for both macroeconomics and investing. Similarly, macroeconomic policies should seek to address costing disparities associated with new measures of productivity growth that take into account various aspects of climate change.

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