The Poverty of Renewables

There is a way to make the poor of this world $500 billion better off, but this solution is rarely discussed. This matters, because the international community is gearing up to produce the next set of development goals for 2015-2030, to continue the work of the Millennium Development Goals. $2.5 trillion in development aid plus unknown trillions from national budgets hang in the balance of these goals, so getting our priorities right is vital. Spending money on poorly chosen targets is a wasted opportunity to do much more good elsewhere.

In a TV interview with France24, Lomborg explains why the Paris climate agreement is a highly costly treaty that will change little.

Bangladesh has made great strides in many areas, including poverty eradication and life expectancy. There are still many opportunities for investments that improve the nation's future and transform lives.

Recently, a high-level team of prominent Bangladeshi development and economics leaders and a Nobel Laureate in Economics identified a prioritised list of such opportunities. They were tasked with answering the question: “What policies and investments would give Bangladesh the most impact for every taka spent?”