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In this project, eight of the world's leading economists, with input from other experts, assessed how 50 billion dollars of extra money could be spent most cost-efficiently on major global challenges. On top of the resulting priority list of actions came fighting HIV/AIDS, providing food supplements and liberalizing trade - whereas actions aimed at limiting climate change came at the very bottom.
During the discussion following his lecture, Lomborg was challenged on several points by EEA staff. The project was criticized for not taking synergy effects into account. The need to supplement the strictly economic perspective with other views when deciding what problems to address was also stressed. Even so, an informal poll by the end of the session indicated that around 30 % of those present in the packed auditorium thought it would be interesting to test the Copenhagen Consensus methodology on European environmental policy.
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For references, please go to https://www.eea.europa.eu/highlights/Ann1114789317 or scan the QR code.
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