Closing the gaps on climate change data

What is it about?

With global warming and climate change, extreme weather events are on the rise. These events will impact lives, businesses, the economy, and global financial stability. To better understand and deal with these problems, it's important to have detailed data about the impact of climate change. Importantly, countries across the world must have access to reliable and comparable data for understanding the situation. Agreement on what data to measure and how to measure it will support more effective efforts to reduce climate change and to protect the environment and economy. This book outlines key measurements, methods and issues that can help countries improve their study of climate change.

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Photo by rachman reilli on Unsplash

Photo by rachman reilli on Unsplash

Why is it important?

Having correct and dependable information is not only important for the people who make decisions but also for the general public. Without accurate information, it's difficult to know what is effective and what needs to be made better. This data can help them understand if the things they are doing to help the environment are actually working or not. Filling the gaps in climate data can be helpful for decision makers. By doing this, they can keep track of how well they are doing in dealing with climate problems and, in turn, make better choices to move towards a greener economy. KEY TAKEAWAY: The book serves as a helpful guide for countries trying to make their economies greener. It gives them practical ideas on how to use existing sources to fill in the data gaps and better monitor progress of climate change initiatives and impact. Comprehensive and comparable data will help countries learn from each other and make more effective choices about climate change. Disclaimer - This summary was prepared by Kudos Innovations Ltd and does not necessarily represent the views of International Monetary Fund (IMF).