Unlocking the Inclusive Growth Story of the 21st Century

Accelerating Climate Action in Urgent Times

The growth story of the 21st century can unlock unprecedented opportunities of a strong, sustainable, inclusive economy. The benefits of climate action are greater than ever before, while the costs of inaction continue to mount. It is time for a decisive shift to a new climate economy. Download Full Report

Key Findings

Pricing carbon and moving toward mandatory disclosure of climate-related financial risks, as part of a broader policy package.

Accelerating investment in sustainable infrastructure, supported by clear national and sub-national strategies and programmes.

Harnessing the power of the private sector, including to unleash innovation and advance supply chain transparency.

Ensuring a people-centred approach, such that the gains are shared equitably and the transition is just.

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Map of Action

Investigate factors that affect economy and climate from an interactive regional perspective, filtering various impacts.

Report Summary

We are on the cusp of a new economic era: one where growth is driven by the interaction between rapid technological innovation, sustainable infrastructure investment, and increased resource productivity. This is the only growth story of the 21st century.


The New Growth Agenda

We are entering a new era of economic growth. This approach can deliver growth that is strong, sustainable, balanced, and inclusive. It is driven by the interaction between rapid technological innovation, sustainable infrastructure investment, and increased resource productivity.


Key Economic Systems

Implementing the new growth agenda must happen in each country at the national and sub-national level and in five key economic systems, namely: Energy, cities, food and land use, water, and industry. These are the areas where we see the greatest potential for growth, as well as the greatest potential to reduce the risks of harmful climate change.



Effective policies are needed, both to incentivise private investment in low or zero-carbon innovation, such as carbon pricing, as well as to directly fund research, development, and demonstration of clean energy technologies, sometimes in partnership with the private sector.


Cities, with their concentration of people, economic activity, and infrastructure, offer unique opportunities to reduce poverty, deliver greater prosperity, and tackle climate change.

Food and Land Use

Recent analysis has shown that developing sustainable food and land use-business models could be worth up to US$2.3 trillion and provide over 70 million jobs by 2030. The transition to sustainable food and land use systems represents an opportunity that no country, nor indeed the world, can afford to ignore. 


Flowing through every part of our economy, water is a fundamental necessity for lives and livelihoods. Yet the world is not managing water well. The existing challenges include inadequate access, poorly managed risks and increasing competition for water resources. 


Our economies are the heirs of the first industrial revolution, driven by the use of hydrocarbons. The coming industrial transformation must take us beyond the era of fossil fuels and develop sustainable solutions to feed, house, and provide access to clean water, employment, and industrial goods to 10 billion people by 2050.